This article was first published on The Bit Journal. The TRUMP meme coin, a Solana-based digital asset related to U.S. President Donald Trump is showing good recovery signals following months of massive losses. After the breakout ensured by a falling wedge formation, technical metrics now suggests a possible 70 percent price increase to reach $13 by the close of 2025.
The TRUMP meme coin is currently soaring over 450% since its October low of $1.50 to trade over $7.63 on friday, after falling more than 90% earlier this year. The renewed momentum has drawn the attention of traders as the breakout has been accompanied by an increase in the volume of trading which is a reflection of renewed participation among investors.
According to analysts, the trend can be characterized as a textbook-like falling wedge break out, which in most instances is an indication of a significant trend reversal. The estimated technical projection at $13 is based on the height of the wedge added to the breakout point which coincides with the valuation of analyst TrenttyX, who sees a complete recovery of the TRUMP meme token to reach $16.50.
The chart watchers believe that a daily close above the 50-day exponential moving average (EMA) of $8.82 would reveal further presence of bullish momentum of the TRUMP meme token. Nevertheless, the inability to reach this level may result in a pullback in the short-term, and the possible support may be observed in the range of $6.50.
Two key developments by Fight Fight Fight have also contributed to the optimism of the TRUMP meme token among investors. On October 30, the firm was said to have entered into the advanced negotiations to purchase the U.S operations of Republic.com, a pioneering crowdfunding platform that has completed more than 3,000 fundraising rounds.
In case the acquisition happens, it would bring TRUMP meme coin transactions into the system of Republic, providing the token with a significant real use outside speculation.
To the bullish mood, a week later, Fight Fight Fight announced it will create a 200-million-dollar digital-asset treasury to purchase back TRUMP meme tokens. This would restrict the supply and possibly create scarcity, which is a key factor in maintaining a long-term price rise.
As the technical and fundamental elements are in line, the TRUMP meme token has become one of the most followed assets in the Solana memecoin industry, according to traders. The overall market stability and how the issuer is able to fulfill its ambitious plans will determine whether the token will be able to maintain its surge to the $13 target.
The TRUMP meme coin now stands at a pivotal moment, with both technical indicators and strategic developments aligning to support its bullish trajectory. If momentum holds, analysts believe the token could achieve its $13 target by year-end, solidifying its comeback as one of Solana’s most-watched digital assets.
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TRUMP Meme coin: A Solana-based token linked to U.S. President Donald Trump’s brand.
Falling Wedge: A bullish chart pattern signaling potential trend reversal.
EMA (Exponential Moving Average): A technical indicator that tracks price trends with more weight on recent data.
Breakout: When an asset’s price moves above a key resistance level, signaling momentum.
Buyback Plan: A project strategy to repurchase tokens, reducing supply to raise value.
Fight Fight Fight: The team behind TRUMP Meme coin, driving development and acquisitions.
Republic.com: A crowdfunding platform being considered for acquisition to expand TRUMP Meme coin’s use.
Solana Network: A fast blockchain used to host TRUMP Meme coin.
A Solana-based crypto linked to Donald Trump’s brand.
It broke out of a falling wedge pattern, signaling bullish momentum.
