TRUMP/USD is trading at 13.06, continuing its movement within a bearish channel and a downward trend. Moving averages indicate a short-term bearish trend for TRUMP. Prices are testing the area between the signal lines, suggesting seller pressure and the potential for further decline from current levels. According to today’s TRUMP forecast, an increase and a test of the resistance level near the 14.05 area are expected. Then, a bounce down and a continuation of the cryptocurrency’s decline to an area below 11.05.
TRUMP Forecast for February 28, 2025
A test of the descending trend line on the RSI indicator will support the decline in TRUMP/USD quotes. The second additional signal in favor of the asset’s decline will be a rebound from the upper boundary of the bearish channel. The bearish scenario will be canceled by a strong rise and a close above the 15.05 level. This will indicate a breakout of the resistance area and a continuation of the TRUMP/USD price increase to an area above 17.05. Confirmation of a decline in the TRUMP digital currency will be a breakdown of the support area and a close below 12.45.
TRUMP Forecast for February 28, 2025 suggests an attempt to test the resistance level near 14.05. From there, a continuation of the decline with a potential target at 11.05. An additional signal in favor of a decline will be a test of the resistance line on the RSI indicator. The bearish scenario will be canceled by a strong rise and a breakout of 15.05. In this case, a continued rise in the digital currency with a target above 17.05 is expected.
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