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- TRUMP could surge 378.44% to $52 by April 30 if market conditions improve, according to CoinCodex.
- TRUMP consolidates at $11.36; a breakout above $11.67 may trigger a rally toward $12.50 and beyond.
Official Trump (TRUMP) has experienced sharp volatility since its launch in January 2025. The asset quickly surged to an all-time high of $73.43 but has since dropped by 85.1%. Over the past month, TRUMP has fallen 42%.
Despite recent losses, analysts predict a bullish turnaround, with CoinCodex forecasting a surge to $52.15 by April 30. If this happens, TRUMP’s price would increase by 378.44%.
TRUMP Consolidates Amid Market Uncertainty
TRUMP has faced a prolonged downturn alongside the broader crypto market. Bitcoin (BTC) briefly dropped below $80,000, contributing to a bearish sentiment. Over the past 24 hours, TRUMP’s price has fallen by 2.5%. Despite this, the token has gained 4% in the past week, signaling potential accumulation.
Macroeconomic factors have played a key role in the decline. The U.S. recently imposed tariffs on Canada, Mexico, and the European Union (EU), leading to uncertainty in financial markets. Crypto assets, including TRUMP, have responded with increased volatility.
TRUMP’s daily chart analysis reveals ongoing consolidation around $11.36, suggesting potential accumulation. The asset previously tested resistance at $11.67 but faced rejection, initiating a downtrend. The RSI at 34.27 indicates oversold conditions, hinting at a possible rebound.
The MACD signals remain bearish, though a crossover could trigger upward momentum. As per BitGuru’s analysis, a breakout above $11.67 could push TRUMP toward $12.50, keeping bullish sentiment intact.
Trump Coin Price Prediction: Can It Reach $52 by April 30?
Despite recent market weakness, forecasts indicate a potential recovery for TRUMP. According to CoinCodex, the asset could surge to $52.15 by April 30, representing a 378.44% increase from its current price. The platform predicts that TRUMP will enter a bullish phase over the coming weeks, setting the stage for significant gains if the price target is achieved.
However, TRUMP may not rally as expected. Instead, the asset could experience price consolidation in the coming weeks. Bitcoin (BTC) has stabilized around $83,000, which could signal an extended sideways market movement. If BTC remains range-bound, TRUMP’s upward momentum may be limited, and any significant breakout may be delayed.
Meanwhile, TRUMP saw a brief rally after a crypto news platform, DB, posted on X (formerly Twitter) that the token would gain real-life utility. As reported by ETHNews, the price surged from $10.47 to $12.61 but quickly dropped to $10.60 when the post was deleted. A follow-up from DB claimed the account had been hacked, further fueling market uncertainty.
Traders quickly pointed out spelling errors in the original tweet, raising suspicions of ongoing manipulation. Some community members also noted that DB had spread other false news, including a fake BlackRock ETF filing. This series of events led to panic selling, causing TRUMP’s price to decline further.
