Official Trump (TRUMP), that poor, overhyped sapling, has stumbled through its infancy like a newborn colt-down more than 71% overall and nearly 89% below its all-time high. Yet, the recent WLFI listings stirred a brief flicker of hope, lifting the price by over 5% before sellers, grinning like Cheshire cats, clawed it back.
Now limping around at $8.30, the token’s charts read like a bad love letter: half-hearted bullish scribbles tangled in bearish ink. The market hums a tune of mixed messages-short-term hope clashing with a long-term slump that smells like burnt popcorn.
The Quiet Dance of Accumulation and the Bears’ Last Laugh
Amid the gloom, a curious thing happens: the top 100 addresses hoard 0.78 million tokens, pocketing $6.47 million like squirrels burying acorns. Meanwhile, exchange balances shrivel by 0.45 million tokens, and whales-those aquatic titans of crypto-shed 0.06 million tokens, as if shedding old bull-market skins. It’s a net gain of $9.7 million, but don’t pop the champagne just yet.
The 4-hour chart, that fragile oracle, shows bull-bear power dwindling since September 1. Buyers and sellers duel like fencers, but the score remains 0-0. A rebound? Possible. A miracle? Unlikely.
The daily chart, however, is a far darker tale.
Still thirsting for crypto wisdom? Subscribe to Editor Harsh Notariya’s Daily Newsletter and drown in it. Or not.
Bullish Divergence vs. the Bear’s Iron Grip – A Mexican Standoff
On the daily chart, TRUMP’s price limps to a new low while RSI, that sly momentum whisperer, dares to rise. It’s a bullish divergence, a wink from the universe saying, “Maybe the bears are tired.” But the RSI’s grin fades when you realize the daily chart’s bearish power still roars like a diesel engine. The market’s a bar fight: bulls with technical signals, bears with structural bricks.
The RSI, that overhyped fortune-teller, tracks overbought and oversold conditions like a nervous squirrel eyeing a fox.
Yet here’s the rub: sellers still hold the keys to the kingdom. Bulls might wiggle a rebound out of the mud, but it’ll hit resistance at $9.73 like a toddler hitting a wall. Break above it? Glory. Fall below $8.22? The bears will feast like it’s Thanksgiving. Welcome to the crypto rodeo-where hope is a wild bronco and patience is just another casualty. 🤠📉
Read More
- You Won’t Believe Polygon’s Wild Stablecoin Frenzy—But POL Has Other Plans
- FLR PREDICTION. FLR cryptocurrency
- Brent Oil Forecast
- USD HKD PREDICTION
- GBP AED PREDICTION
- Will Crypto Soar as Fed Cuts Rates? 🚀💰
- EUR AED PREDICTION
- SharpLink’s Bold Ethereum Move: $3.6B and Linea’s Layer-2 Magic
- EUR PLN PREDICTION
- KCS PREDICTION. KCS cryptocurrency
2025-09-02 17:48