streamoors
IGNITION
Sword Inu
no crying in the casino
Altai the Tiger
Pearl
Pudgy Penguins
Key Insights:
- OFFICIAL TRUMP could break out over the next few days following divergence on the chart.
- Weekly inflow could reignite crypto hype in all sectors.
- TRUMP crypto coin’s funding rates turned green, suggesting those with long orders were paying those in short positions.
TRUMP crypto coin has been at the center of discussion among crypto enthusiasts. This comes even though the memecoin team has been accused of insider trading.TRUMP hit a record market cap during its launch, but it now has a shadow of its glory.
That said, Trump Media, the parent of the memecoin, has recently been adding to its BTC treasury and WLFi token. However, their activity on the TRUMP crypto coin has remained subdued.
As of press time, TRUMP was down about 2% in 24 hours but commanded almost $1 Billion in trading volume. As memecoins show revival signs following the recent surge of capital inflows in crypto, TRUMP could be set for a revival.
This followed a doubling of the figures, taking the total for July to about $75 Billion. With that in mind, what could be the key drivers of TRUMP? Have they started acting on the memecoin?
TRUMP Crypto Coin Ready For Breakout
First to note is the price action of the TRUMP crypto coin, which looked ready to explode. Between the start of 2025 and July 2025, the memecoin was in a breakout. It was getting bumped up, having a past support level of around $10.
Coinglass data showed a downtrend, followed by a potential accumulation trend. The price traded around $9. This hinted at a possible shift in dynamics. Additionally, TRUMP attempted a breakout with a sizeable upward trend.
This may be the first step in a bigger breakout trend. The breakout could precede a rally back to $80, but with a broader market backing.
However, the price needed to break the levels where the next resistance at $16 could determine the next target. Conversely, the TRUMP crypto coin could also return to the range.
Moreover, Cumulative Volume Delta (CVD) indicated that selling was growing, especially during the breakout period. However, the green volume bars widened, meaning buyers were gaining much impetus.
The open interest (OI) was also increasing, showing that more people were participating in the market. Therefore, this was an indication that more traders were taking long positions. In turn, it could amount to additional upward pressure.
Considering the CVD and OI of TRUMP, a clear divergence emerged, adding confluence to the bullish shift. The All Future Bid & Ask Delta was also rising, in line with the increased price. This implied that it was anticipated that there would be more gains.
TRUMP Crypto Coin Twist
Despite the bullish price action and other metrics, the memecoin had a twist that could hinder its future breakthroughs.
Since unlocks increase the selling pressure, the scheduled events could increase the supply. At the time of writing, about 66% was still locked, raising more concerns from the team.
More Bullish Signs as Funding Rates Rise
Trump’s historical funding rates across major exchanges like Binance, Bybit, and OKX began to show noticeable shifts. These changes may signal evolving market sentiment amid the bullish indicators.
The Funding rate was concentrated in the green area, suggesting holding longs. From early to mid-July, the futures market of TRUMP crypto coin saw heavy dominance by short positions.
This trend set the stage for shifts in funding rates and sentiment. These positive rates implied that the long traders were paying short traders.
Looking at the overall tendency, Trump indicated the involvement of some volatility and steep increases. The shifts in market sentiment and liquidity could explain this.
The sentiments in the market and the possible price direction coincided. The USD Margined and the Token Margined reflected the available margin types to trade.
Disclaimer
This article is for informational purposes only and provides no financial, investment, or other advice. The author or any people mentioned in this article are not responsible for any financial loss that may occur from investing in or trading. Please do your research before making any financial decisions.
