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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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ZEC Whales Accumulate $30M; Price Battles ‘Double Top’

The post ZEC Whales Accumulate $30M; Price Battles ‘Double Top’ appeared com. Zcash (ZEC) whales accumulated over $30 million in spot buys on Binance in a series of large orders. The price faces a short-term technical risk, forming a “double top” near $744 that must hold the $500 support level. The macro bull case, supported by Arthur Hayes, is targeting a $1,500 price, fueled by a recent $1B Open Interest peak. Zcash (ZEC) price signals a parabolic rally ahead with Binance exchange market data showing large-scale buy orders for ZEC earlier since Tuesday. More than $30 million was used to purchase ZEC coins from Binance. The buyers used approximately $1. 2 million per transaction to acquire lots of 2, 200 ZEC coins each. Binance data reveals three major clusters for these ZEC buy orders, indicating significant, coordinated whale accumulation. On the daily timeframe, the ZEC price has formed a potential reversal pattern. The mid-cap altcoin, with a fully diluted valuation of about $10. 9 billion, recently retested a major supply level around $744. After rallying beyond its 2021 peak of around $367, ZEC price is currently retesting its 2018 all-time high (ATH). In the four-hour timeframe, the ZEC price has formed a potential double-top, characterized by a bearish divergence of the Relative Strength Index (RSI). The bearish sentiment for ZEC is further exaggerated by a potential rising wedge pattern in the four-hour timeframe. The ZEC’s reversal pattern will be confirmed if it falls below $500 in the coming days. Crypto trader.

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GBP/USD pair is trading around 1.3170 amid growing hopes

The post GBP/USD pair is trading around 1. 3170 amid growing hopes appeared com. When is the UK Jobs Report and how could it affect GBP/USD? The United Kingdom (UK) docket has the labor market report to be released by the Office for National Statistics (ONS) on Tuesday, later this session at 07: 00 GMT. UK Claimant Count Change for October is expected to rise by 20. 3K, reflecting the number of people claiming jobless benefits. The reading was 25. 8 in September. Meanwhile, the Claimant Count Rate was at 4. 4% in the previous month. The GBP/USD pair holds losses as the US Dollar (USD) gains support amid growing hopes that the US government shutdown resolution is nearing. The US Senate passed a funding bill in a 60-40 vote, effectively ending the 41-day shutdown, with eight Democrats joining Republicans to advance the measure, which now moves to the House for approval. Read more. GBP/USD holding just below 1. 32 as UK labor data rounds the corner GBP/USD kept its foot on the gas pedal on Monday, extending into a four-day win streak as Cable traders gear up for the latest round of UK employment figures. Veterans Day will see a moderation of market flows in the US on Tuesday, but hopes that the US could be close to wrapping up the longest government funding closure in its history should keep risk appetite well bid and put a hard cap on bullish US Dollar (USD) flows. UK Average Earnings, Claimant Count Change, 3-month Employment Change, and 3-month ILO Unemployment Claims are all due at the outset of the London market session on Tuesday. Wages both with and without bonuses factored in are expected to tick down slightly for the rolling three-month period ended in September. The UK’s domestic economy is also expected to add slightly fewer unemployment benefits seekers in October than the month prior; however, the three-month ILO Unemployment Rate.

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