Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Official Trump (TRUMP) To Rise Higher? Key Harmonic Pattern Signals Potential Upside Move

Official Trump (TRUMP) To Rise Higher? Key Harmonic Pattern Signals Potential Upside Move

CoinsProbeCoinsProbe2025/07/17 16:15
By:Nilesh Hembade

Date: Wed, July 16, 2025 | 06:36 AM GMT

The cryptocurrency market is deep in bullish territory, with Ethereum (ETH) continuing its upside move with an impressive 19% gain over the week — now approaching the $3,150 mark. This strong uptrend is spilling over into major memecoins , and Official Trump (TRUMP) is starting to grab attention.

TRUMP has jumped 9% over the past seven days, but what’s catching even more attention now is the emergence of a textbook harmonic pattern on the chart that may point to further gains ahead.

Official Trump (TRUMP) To Rise Higher? Key Harmonic Pattern Signals Potential Upside Move image 0 Source: Coinmarketcap

Harmonic Pattern Hints at Bullish Continuation

On the 4-hour chart, TRUMP is forming a Bearish ABCD harmonic pattern — a classic setup that often precedes a short-term rally before a potential reversal. The pattern started around July 8 from point A, followed by a strong rally to point B near $10.41. It then retraced down to point C at approximately $8.99 in mid-July.

Official Trump (TRUMP) To Rise Higher? Key Harmonic Pattern Signals Potential Upside Move image 1 Official Trump (TRUMP) 4H Chart/Coinsprobe (Source: Tradingview)

Since then, TRUMP has bounced and is now trading near $9.48, regaining momentum. The current leg from point C to point D is unfolding, and if the harmonic pattern completes as expected, the target (point D) aligns with the 1.381 Fibonacci extension, pointing to $10.95 — a potential 15% move from current levels.

What’s Next for TRUMP?

If this bullish harmonic structure plays out fully, TRUMP could rally toward the Potential Reversal Zone (PRZ) around $10.95. This level could act as a critical resistance where profit-taking may occur, based on past pattern behavior.

0

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.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Ethereum Privacy’s HTTPS Moment: From Defensive Tool to Default Infrastructure

A summary of the "Holistic Reconstruction of Privacy Paradigms" based on dozens of speeches and discussions from the "Ethereum Privacy Stack" event at Devconnect ARG 2025.

ChainFeeds2025/11/28 22:25
Ethereum Privacy’s HTTPS Moment: From Defensive Tool to Default Infrastructure

Donating 256 ETH, Vitalik Bets on Private Communication: Why Session and SimpleX?

What differentiates these privacy-focused chat tools, and what technological direction is Vitalik betting on this time?

BlockBeats2025/11/28 22:02
Donating 256 ETH, Vitalik Bets on Private Communication: Why Session and SimpleX?