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TRUMP Surges 12% Ahead of President Trump Dinner: Is $16 Next?

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  • As excitement about President Trump's dinner grows, Trump coin price surged 12.66% within 24 hours.
  • Crypto billionaire, TRON founder Justin Sun revealed he is the largest TRUMP coin holder.
  • TRUMP coin's upper target price is $15, with support levels between $13.20 and $13.50.

US President Donald Trump will host a dinner on May 22, 2025 (Thursday), where the main holders of Trump meme coin will attend. This has sparked tremendous investor enthusiasm, with Trump coin price rising 12.66% in the past 24 hours to $14.56. TRON founder and crypto billionaire Justin Sun announced he is the largest Trump coin holder and will attend the dinner, further intensifying market discussion.

Trump Coin Price Analysis:

$TRUMP meme coin is currently trading at $14.56, with an intraday increase of 12.66%. Market momentum has driven trading volume to surge 153.72%, reaching $1.59 billion. From the 4-hour chart, bullish momentum may push TRUMP price to break through $15, with resistance targets at $15.5-16.

The 9-day simple moving average is currently around $13.55, acting as a dynamic support in this upward trend. RSI reading is 70.79, just entering the overbought zone, which is typically a signal for short-term consolidation. In this case, the meme coin may form a solid foundation between $13.20-$13.50.

Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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