Andrew Kang: TRUMP has bottomed out at $25 and is still expected to be among the top ten cryptocurrencies by market value
Andrew Kang, partner of Mechanism Capital, said in a post on X that TRUMP has bottomed out at $25:
-68% retracement from highs;
-8-day downward trend;
-Bottom structure formed on the chart, momentum reversal;
-For a token more well-known than Ethereum, the market value is still less than $6 billion.
He added that he still expects TRUMP to be among the top ten cryptocurrencies by market value.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitdeer mined 122.4 BTC this week, increasing its total bitcoin holdings to 2,141.1 BTC
Ethena withdraws $7.05 million worth of ENA from an exchange, currently holding ENA valued at $100 million in total
Trending news
MoreCrypto prices
More
