TRUMP Crypto is currently experiencing a dramatic decline, with its value plummeting within a month and erasing substantial gains. Launched by President Donald Trump in January 2025, this downturn is largely attributed to the ongoing tariff wars initiated by the U.S. President, which have introduced significant volatility into global financial markets, raising concerns among investors.
Market Dynamics and Investor Sentiment
In the wake of President Trump’s recent tariff announcements, including a 25% tax on imports from Canada and Mexico and a 10% tax on Chinese goods, the cryptocurrency market has been rattled. Major cryptocurrencies, including Bitcoin and Ethereum, have experienced sharp declines, with Bitcoin falling to a three-week low of $91,441 and Ethereum reaching its lowest level since September. This downturn has been exacerbated by investor panic, leading to a sell-off that wiped out over $2 billion in liquidations within 24 hours.
The TRUMP token, initially buoyed by the President’s return to office, has not been immune to these market shifts. Funding rates for TRUMP have dropped to their lowest levels since mid-January, signaling a surge in short contracts. This shift suggests that traders are betting on further losses rather than a potential rebound. With fewer investors willing to enter long positions, selling pressure continues to dominate.
Technical Indicators and Price Predictions
Technical analysis indicates a weakening momentum in TRUMP’s price action. The Relative Strength Index (RSI) has remained below the neutral 50.0 mark since early February, signaling continued bearish pressure. A deepening RSI suggests increasing selling activity with no immediate signs of relief. A prolonged stay in the bearish zone often leads to extended downturns. TRUMP’s current trajectory shows no divergence, meaning the selling trend remains intact. Until the RSI moves above neutral territory, the probability of recovery remains low, and further declines could be expected.
As of February 10, 2025, TRUMP’s price has hit a new all-time low (ATL) of $14.29, marking an 11% drop in the last 24 hours. The sharp decline was triggered by the loss of $16.00 as support, which acted as a crucial level for maintaining stability. Without a swift recovery, further downside remains possible.
Analysts have mixed predictions for TRUMP’s future performance. CoinCodex forecasts an average price of $133.19 in 2025, with a potential all-time high of $234.64 in February and a low of $50.50 in January. Their projections for 2026 suggest an average price of $85.72, starting the year with a $136.05 high before downtrending. Conversely, Exolix.com offers a more conservative outlook, predicting that TRUMP’s price may reach $17.9 by the end of 2025, with a projected range between $11.75 and $30.65.
Impact of U.S. Tariff Wars on the TRUMP Cryptocurrency Market
The recent tariff wars initiated by President Trump have introduced significant volatility into the cryptocurrency market. The imposition of tariffs on imports from major trading partners has led to concerns about economic stability, inflation, and potential retaliatory measures. These factors have contributed to a bearish sentiment across various financial markets, including cryptocurrencies.
The uncertainty surrounding these tariffs has prompted investors to reassess their portfolios, leading to increased selling activity in the cryptocurrency space. The lack of price stability has fueled bearish sentiment, with traders capitalizing on the downtrend rather than waiting for a reversal. Without a change in market conditions, this negative outlook is likely to persist, keeping TRUMP’s price under pressure.
In Latest Trump Announced 25% Tariff on all imports of Steel & Aluminium.
Trump said the tariffs will apply to the metal imports from all countries. He didn’t specify when the duties would take effect.
USDINR Today Hit New All Time Low of Rs 88.10 Per Dollar.😳
Stock Market…
— City Equity Research (@City_equity) February 10, 2025
The TRUMP cryptocurrency is currently facing significant challenges, with its price hitting new all-time lows amid the ongoing U.S. tariff wars. The bearish market conditions have intensified the downturn, preventing any meaningful rebound. Traders are shifting their stance, favoring short positions over long bets, and technical indicators reflect the weakening momentum in TRUMP’s price action. While some analysts predict potential recoveries, the prevailing sentiment remains cautious, and the future of TRUMP’s price largely depends on the resolution of the current economic uncertainties.
Related news: TRUMP Coin Crashes 37% Amid Trade War Turmoil: Worst Loss in 7 Days
