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Official Trump Price Prediction: Failed Breakout At $9.50 Puts $7.50 Support Back In Focus


by Parshwa Turakhiya
for CoinEdition
Official Trump Price Prediction: Failed Breakout At $9.50 Puts $7.50 Support Back In Focus

Share:

  • Official Trump price trades near $8.37, reversing after rejection at the descending trendline and overhead EMAs.
  • Spot flows show $7.73 million in outflows, signaling holders are reducing exposure and adding sell-side pressure.
  • Losing support at $7.50 opens downside toward $6.10, while a close above $9.57 is needed to flip trend bullish again.

Official Trump price today trades near $8.37, pulling back after a failed attempt to break the descending trendline and the overhead EMA cluster. Sellers stepped in aggressively at the intraday high of $8.95, forcing price back below short term moving averages as spot flows show renewed distribution. The move shifts momentum to the downside heading into November 12.

Rejection At Major Trendline Halts Rally

TRUMP Price Action (Source: TradingView)

The daily chart shows price rejecting a multi month descending trendline th…

Read The Full Article Official Trump Price Prediction: Failed Breakout At $9.50 Puts $7.50 Support Back In Focus On Coin Edition.

Read the article at CoinEdition

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Official Trump Price Prediction: Failed Breakout At $9.50 Puts $7.50 Support Back In Focus


by Parshwa Turakhiya
for CoinEdition
Official Trump Price Prediction: Failed Breakout At $9.50 Puts $7.50 Support Back In Focus

Share:

  • Official Trump price trades near $8.37, reversing after rejection at the descending trendline and overhead EMAs.
  • Spot flows show $7.73 million in outflows, signaling holders are reducing exposure and adding sell-side pressure.
  • Losing support at $7.50 opens downside toward $6.10, while a close above $9.57 is needed to flip trend bullish again.

Official Trump price today trades near $8.37, pulling back after a failed attempt to break the descending trendline and the overhead EMA cluster. Sellers stepped in aggressively at the intraday high of $8.95, forcing price back below short term moving averages as spot flows show renewed distribution. The move shifts momentum to the downside heading into November 12.

Rejection At Major Trendline Halts Rally

TRUMP Price Action (Source: TradingView)

The daily chart shows price rejecting a multi month descending trendline th…

Read The Full Article Official Trump Price Prediction: Failed Breakout At $9.50 Puts $7.50 Support Back In Focus On Coin Edition.

Read the article at CoinEdition

In This News

Share:

In This News

Share:

Read More

Shiba Inu Price Prediction: Sellers Defend Channel Top as Weak Flows Limit Recovery

Shiba Inu Price Prediction: Sellers Defend Channel Top as Weak Flows Limit Recovery

Shiba Inu price today trades near $0.00000888 after a 5 percent intraday recovery tha...
Cardano Price Prediction: ADA Attempts Recovery but Faces Heavy Resistance Ahead

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Cardano continues to trade in a vulnerable position as price action remains trapped b...