After the meeting held in Alaska between former US President Donald Trump and Russian President Vladimir Putin, there was no significant change in the price of Trump’s crypto being. Although there was an expectation of an increase in this crypto currency after the meeting in the market, there was no significant increase in prices.
Counter attitude of investors
The summit is important for the future of US-Russia relations. Such developments can often have positive effects on digital assets associated with political figures. However, after the last meeting, it was observed that Trump investors were reluctant to take large positions.
The positive weather in the markets was not directly reflected in the price of Trump and the prices remained stable. Some investors worried about the fluctuations on the market to shrink in their portfolios. This led to a significant movement in prices.
In his assessment of the Editor Harsh notes: “Today, the impact of such political developments on crypto beings may be more limited.” He gave his statements.
Market Indicators and Investor Perception
The general market indicators of Trump’s presence reveal that investors have recently been more cautious. In particular, Chaikin Money Flow data indicates that sales pressure in the market has increased and the positive tendency has lost power.
These developments may suggest that investors are coming out of Trump’s presence. As the uncertainty increases, it can be observed that investors do not want to take risks and have some cash.
In the centimeter report, the following evaluation was included: “The important part of Trump investors shows a waiting approach unless there is a new catalyst.”
Trump Price Analysis and Possible Scenarios
Currently, the Trump price is at the level of $ 9.17 and continues to hold above $ 9.04 support. The resistance level stands out for $ 9.63. In this range, the price is expected to be wavy for a while.
If the current sales pressure persists, Trump may lose $ 9.04 support and may decrease to $ 8.43 with a lower level. If this happens, the downward pressure on the price may increase.
On the other hand, if there is an increase in the trust of the investor and Trump exceeds $ 9.63 resistance, the price seems to be up to $ 10. It is emphasized that market confidence should be re -provided for this rise.
Experts, in the short term market fluctuation is low, investors are cautious against developments, he says. It is noteworthy that the interest in Trump is shaped in parallel with political developments.
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.
