Key Insights :
- OFFICIAL TRUMP (TRUMP) meme coin appears to be heading toward the upper boundary of its descending channel pattern.
- On-chain metrics reveal that TRUMP’s open interest (OI) has soared by 10%, with a long/short ratio of 1.05. This indicated strong and growing buying interest among traders.
- The team behind Donald Trump’s TRUMP project is poised to receive $320 Million in tokens.
Amid market uncertainty, the TRUMP price prediction has sparked widespread interest. Its bullish price action has drawn attention from traders and analysts alike.
Adding to the intrigue is the upcoming token unlock, which could significantly impact its trajectory. These factors have made TRUMP a focal point in ongoing market discussions.
TRUMP Price Prediction: Token Unlock Sparks Market Volatility
A recent Tokenomics report reveals that the TRUMP meme coin team will receive $321.60 Million worth of tokens. This distribution is part of a scheduled unlock event. The event is set to take place on April 18, 2025.
The report further revealed that, in this token unlock, the team will receive 40 million TRUMP meme coins. It is equivalent to 20% of its circulating supply. A token unlock is generally considered a bearish event, as it introduces many new tokens into circulation without prior demand.
According to TRUMP price prediction, the upcoming token unlock will introduce notable volatility. Traders and investors closely monitor this event and its potential impact on the asset’s value.
Some may sell off due to fears of increased circulation amid market uncertainty. On the other hand, others may see it as a bullish opportunity, as it is linked with President Donald Trump.
So far, this meme coin has plummeted over 80% since its January 2025 launch before Trump’s inauguration. This wiped out $2 Billion for investors who purchased it after the launch.
Traders and holders could face intense selling pressure if the team decides to offload the unlocked tokens into the open market. Such actions might result in a substantial drop in the asset’s price.
At press time, the meme coin was trading near $8.03. Moving ahead, the token recorded a price surge of over 1.45% in the past 24 hours.
However, given the current market sentiment, trader and investor participation has plummeted. This led to a 20% drop in the asset’s trading volume.
TRUMP Price Action and Key Levels
Expert TRUMP price prediction highlighted that the meme coin has traded within a descending channel pattern since early February 2025. It has consistently formed lower highs along the upper boundary of the channel.
Similarly, it has created lower lows along the channel’s lower boundary. The daily chart showed that the TRUMP token has recently found support at its lower boundary. It now seems to be moving upward toward the next lower high.
If this trend continues, the meme coin could experience an upside rally of approximately 13.5%. This could soon reach the upper boundary or lower high near the $9.20 level.
TRUMP price prediction could turn bullish once it breaks this bearish pattern and closes a daily candle above the $10.20 mark. If this occurs, the bearish trend will be considered invalid, and the price may enter an uptrend. It could also potentially witness a notable upside rally.
Bullish Sentiment Grows for TRUMP
On-chain analytics firm Coinglass reported that intraday traders are increasingly favoring long positions. This shift signals growing interest and confidence in upward price movements.
Data revealed that the TRUMP Long/Short ratio was 1.056, the highest since early March 2025. Moving ahead, this suggested a strong bullish sentiment among traders. This metric showed that long positions significantly outpace short positions.
During the same period, TRUMP’s open interest surged by 10%, signaling a notable rise in new contracts. When combining these on-chain metrics, traders are opening more long positions than short ones, which is a bullish sign.