Tag: profit-taking

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TRUMP Token Explodes as $2,000 “Dividend” Promise Fuels Hype

The post TRUMP Token Explodes as $2,000 “Dividend” Promise Fuels Hype appeared com. According to the Tax Foundation, tariffs have raised about $120 billion so far, while the proposed payouts would cost an estimated $300 billion. Treasury Secretary Scott Bessent later walked back the comment, framing the “dividend” as a reflection of upcoming tax cuts rather than new checks. Still, in the world of meme and political tokens, perception drives price faster than policy. Traders saw the news as another round of populist fuel for TRUMP a token whose price often mirrors the former president’s media exposure and campaign rhetoric. OFFICIAL TRUMP Chart Analysis: TRUMP Breaks Out from Consolidation TRUMP/USD daily Chart- TradingView On the TradingView daily chart, TRUMP price is showing clear signs of renewed bullish strength. The Heikin Ashi candles reveal a decisive breakout above the $8 resistance zone, closing around $8. 6 with a 2. 11% daily gain. This move follows several weeks of sideways consolidation between $6 and $8. The Bollinger Bands (20, 2) show widening volatility, with price now testing the upper band near $8. 9. The middle band around $7. 3 is acting as dynamic support, suggesting buyers are regaining control. The next resistance levels lie around $10, $12, and $14 all Fibonacci extension targets that could come into play if momentum sustains. Conversely, the lower band near $5. 7 remains a key support level; a daily close below that would invalidate the short-term uptrend. Momentum and Volume Patterns The uptick in green candles since late October signals strong buying volume entering the market. The shift from low volatility to expanding Bollinger width often precedes trend acceleration. OFFICIAL TRUMP (TRUMP) price has also reclaimed its 20-day moving average, a critical reversal signal after a multi-month decline from August to October. Momentum traders are likely eyeing a breakout confirmation above $9 for continuation. If the move holds above $8. 5, the next.

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ICP Price Falls to $3.77 After Rejection From $4.28 Resistance

The post ICP Price Falls to $3. 77 After Rejection From $4. 28 Resistance appeared com. ICP$5. 1448 lost ground after a weekend rally, sliding 5. 48% to $3. 77 as momentum faded following a failed attempt to break above short-term resistance near $4. 28. ICP climbed to nearly $4. 30 late on Sunday, before tracking downward throughout much of Monday. Trading volume reached 8. 7 million tokens, approximately 70% above the daily average, confirming that the retracement was driven by strong participation rather than low-liquidity drift, according to CoinDesk Research’s technical analysis data model. ICP fell to $3. 70 by the late European morning before climbing back above $4 over the next two hours. This rally however faltered and ICP tracked back to $3. 70. The day’s wide $0. 58 range represented nearly 15% intraday volatility, underscoring the persistent tug-of-war between bullish accumulation and profit-taking. Despite the setback, the broader uptrend structure remains intact so long as ICP holds above $3. 70, which now represents an important pivot level for short-term direction. A recovery back above $3. 95 could restore bullish confidence and open a path toward $4. 10-$4. 15, while a break below $3. 70 may trigger further downard pressure into the $3. 60 range. Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy. Source:.

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