OFFICIAL TRUMP PRICE ANALYSIS & PREDICTION (May 2) – Trump Signals Pullback After Facing Resistance, is Support Nearby?

By: nulltx|2025/05/02 15:45:01

Posting significant gains in two weeks, Trump faced a strong resistance level and took a downturn this week. Having shown signs of weakness in the past week, it is now losing grip daily.Prior to the recent bullish move, which came after finding a threshold at $7.15 last month, Trump also went through a lot of reductions after launching into the centralised exchange market in January.The bullish move, which appeared stuck under $17 due to a rejection, is now suspended to where it is changing hands at $12.5. It unfortunately lost buzz and now looks weak on the daily chart.A clear drop below $12 could cause a major sell-off in the next few days. That could bring us back to the bottom level, where the price picked up last month. If the bulls defend well, we can anticipate a rebound after forming a double-bottom pattern. Otherwise, the sell-off may extend to a new low.Locating support nearby, with a strong bounce back, the crypto will likely resume bullish at full speed. That should bring more positive change in the trading levels until the trend completely shifts above $80.Leading the Solana-based meme coin chart with roughly $2.5 billion worth of market cap at the time of writing, Trump’s price is now weak on the daily chart after posting major profits in the past weeks. Technically, the bulls appeared exhausted and are now taking a break on the daily chart.TRUMP’s Key Level To WatchSource: TradingviewIn the current drop, the immediate support levels to consider for a pullback are $10 and $8.8. The $7.15 support would be the last defence line for the bulls in case of more dips.A recovery from the current trading level could bring us back to the $16.4 resistance. A push above it should allow a bigger price movement to $20 and $24.6 in the future.Key Resistance Levels: $16.4, $20, $24.6Key Support Levels: $10, $8.8, $7.15Spot Price: $12.5Trend: BullishVolatility: LowDisclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news!

The Ethereum Foundation has released this non-technical introductory report aimed at government officials, central banks, regulators, and corporate decision-makers, explaining how Ethereum works, how it is governed, how it differs from other blockchains, and how institutions and governments are alre...

A pre-announced harvesting case: After the cryptocurrency price dropped by 99%, the public chain Saga exited to transform into AI

True failure often isn't a single price drop, but rather a pricing mechanism that repeatedly rewards those who tell stories while repeatedly punishing those who believe in the stories.

When American giants collectively "defect" from Chinese AI models

Coinbase CEO publicly stated: the company has fully switched its AI to a Chinese model, cutting expenses in half while usage has doubled. Snowflake and Lindy are also doing the same thing—an unnoticed "AI model migration wave" is happening.

BIS Report Compliance Observation: The Real Risks of Stablecoins, Not Just "Depegging"

The issue with stablecoins is not just whether their price will decouple, but whether they can be integrated into a recognizable, monitorable, accountable, and regulated financial system.

Portugal 2-1 Croatia: Ronaldo's 20-Year Knockout-Stage Drought Ends With a Debt Finally Collected

Portugal beat Croatia 2-1 in the 2026 global football championship's knockout rounds as Ronaldo scored his first-ever knockout-stage goal, Gonçalo Ramos struck a stoppage-time winner, and VAR ruled out a late equalizer for offside.

Bitcoin Price Prediction July 2026: Will BTC Recover to $70K or Drop Below $55K?

Bitcoin price prediction for July 2026: Can BTC recover to $70,000 or fall below $55,000? Explore ETF flows, key support levels, Fed outlook, and our Bitcoin forecast.

A South Korean company that learned the strategy of hoarding coins, from a bull market to delisting?

When the overall momentum of the Korean stock market is strong, this batch of cryptocurrency concept stocks, branded as the "Korean version of Strategy," finds itself at a crossroads of life and death.

WEEX API Broker Program: Turn Your Trading Platform Into a Revenue Engine

Become a WEEX API Broker and earn up to 70% trading fee sharing. Get institutional-grade liquidity, OAuth Fast Connect, and a 4-5 day integration for your AI trading platform, bot, or signal community.

How to choose between buying discounted ETH, Bitmine, and SharpLink?

The answer may not lie in whose story is told better, but in specific dimensions such as cost of holding, financing ability, liquidity, and whether the narrative can be realized.

Wosh: Inflation has cooled in recent weeks, AI is reshaping the economy, and forward guidance has lost its necessity

Federal Reserve Chairman Waller clearly stated at the ECB forum that the Fed will abandon forward guidance on interest rates, with future decisions relying entirely on real-time economic data. He noted that inflation risks in the U.S. have decreased over the past four weeks, but the ultimate impact ...

From Pump.fun to Collector Crypt: Has Solana's income throne changed hands?

The revenue from consumer applications on Solana is no longer solely reliant on meme coin issuance, but is gradually spreading to more consumption scenarios.

Dan Bin's latest speech: Don't miss out on a great era

Don't let hesitation trap your steps, and don't let shortsightedness waste the passing years—make sure not to miss this magnificent era that belongs to us.

Robinhood launches its own blockchain, no longer wanting to be a tenant on others' chains

While laying off employees and issuing bonds, it is the predictive market business that temporarily supports the income.

Why Tokenized Stocks Are Booming in 2026 While Crypto Is Still Struggling

Why are tokenized stocks booming while the crypto market struggles? Explore the latest 2026 data, institutional adoption, and what it means for traders.

A pre-announced harvesting case: After the cryptocurrency price dropped by 99%, the public chain Saga exited to transform into AI

True failure often isn't a single price drop, but rather a pricing mechanism that repeatedly rewards those who tell stories while repeatedly punishing those who believe in the stories.