Official Trump coin jumped about 31% Friday night to $2.29, making it one of the day’s top performers, just behind Humanity Protocol’s 34% gain. Trading volume soared 335% to $848 million, with turnover reaching 157% of the token’s $545 million market cap. Trump crypto traded between $1.75 and $2.36 during the session.
The surge followed Donald Trump’s announcement of a possible “great settlement” with Iran, which included canceling strikes and making progress toward a diplomatic deal. Since the TRUMP Coin price often reacts to Trump-related news, this shift in tone encouraged risk-taking and brought in more speculative buyers.
Traders also mentioned Saturday’s White House UFC event, which lines up with Trump’s June 14 birthday, and a July 19 World Cup watch-party promotion from GetTrumpMemes that rewards top coin holders. These events helped trigger short covering.
TRUMP Coin Breaks Out of Downtrend, but 200-Day Moving Average Limits Gains
On the daily chart, TRUMP Coin closed at $2.29, breaking out of an eight-month downtrend and moving back above its 20-day EMA at $1.92. This level had blocked earlier rallies from February to May.
The RSI, which dropped near 20 in February and has been rising since, jumped to 63.46, showing that buyers are now in control. TradingView’s moving averages from 10 to 50 periods signal Buy, but the 100- and 200-period averages still show Sell, which means the overall downtrend is still in place.
This mixed outlook is central to the debate over the TRUMP Coin price prediction, and analysts remain split. One trader called the recent bounce from the $1.21 all-time low a “10/10 wick,” describing it as a tactical “scam bounce” instead of real strength.
Another popular analyst, Crypto Patel, says today’s rally distracts from a 98% drop that turned a $1,000 top entry into about $20. They warn that chasing green candles is a quick way to lose money. Chartists also disagree on whether reclaiming the $1.92 20-day EMA matters when all higher-timeframe moving averages still point down.
For TRUMP crypto holders, the trading levels are tight. If the price closes above wedge resistance, it could reach $3.00, the late-March swing high, then $4.50, and the $5.30 mid-wedge high. The $1.90 to $1.95 zone, where the EMA meets the broken trendline, needs to hold on to any retest. If the Trump meme coin price falls below $1.50, the setup becomes invalid.
With a 44% gain over the past week but a 53% loss so far in 2026, the breakout’s longevity depends on Iran’s diplomacy and upcoming events keeping sentiment strong.
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