The official crypto currency, which was released under Trump’s name, entered a serious decline after the first rapid rise in the first period. Token, which was met with great interest after the launch, experienced significant value losses due to the latest developments in global markets and especially tariff decisions. The price decreases by 85 %of the previous summit, while the cautious attitude of investors is remarkable. Despite the high trading volume, breaking support levels may open the door of more harsh decreases.
Sudden depreciation from the tariff effect
Token’s price climbed to $ 75.35 for one period, while in a short time, 85 %decreased to $ 9.30. In particular, the recent tariff decisions were among the most important developments that trigger this harsh decline. Immediately after the announcements, the 17 %depreciation of the market, a great atmosphere of concern in the market. Although the market value is still expressed in billions of dollars, these volatil cruise pushes investors to be cautious.
Although there is a significant increase in the transaction volume, this mobility may be due to sales made with the expectation that the price will decrease rather than the increase in investor confidence. According to analysts, investors have learned from similar scenarios in 2021. Therefore, they focus on not only price levels, but also on the general economic and political developments in the market.
Price at the critical point according to support levels
According to the analyzes, the token price may decrease to $ 8.20 and then to $ 7.50 if it cannot hold $ 10 support. If these levels go down, it is stated that more harsh losses may be experienced. In the crypto currency community, this scenario has become an unintentional possibility. Crypto Analyst Martinez made a similar prediction and said that if the $ 10 support is lost, token may decline to $ 5.
Token’s quick rise and subsequent discussions, internal transactions and conflicts of interest are among the factors that damage confidence. This chaos increases the general uneasiness in the market, especially at a time when regulatory institutions give more strict audit signals. Investors are therefore shaping their strategies not only with technical data, but also with the steps of policy makers.
As a result, token’s short -term future seems to be shaped by both the general tendencies of the market and the new tariff decisions. In an environment of uncertainty, investors are very careful about updating their positions and managing their risks.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
