Sam Bankman-Fried Shows Support for Trump Amid Crypto Politics Shift

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: Feb 01 2026

TRUMP-4.179%

X+10.94%

Should l Buy TRUMP?

Political Shift: Former FTX CEO Sam Bankman-Fried publicly endorsed Trump after Caroline Ellison's release, stating Trump is 'right on crypto', indicating a shift in his political stance that could influence market perceptions regarding regulation and leadership.
Legal Context: Serving a 25-year sentence for the 2022 FTX collapse, Bankman-Fried's support comes as he navigates ongoing legal challenges, particularly with speculation around Trump's potential pardon, despite Ellison serving 440 days for her involvement.
Crypto Community Reaction: His endorsement has sparked discussions within the cryptocurrency community, highlighting the contrasting regulatory approaches of Trump and Biden, suggesting a strategic political maneuver amidst his legal troubles.
Pardon Speculation: Polymarket indicates a 17% chance of Trump pardoning Bankman-Fried by 2027, reflecting ongoing speculation about his legal future, even as Trump has ruled out a pardon, showcasing the complexities of political alliances in the crypto space.

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Technical Analysis for TRUMP

Technical Sentiment Analysis for OFFICIAL TRUMP (TRUMP) As of , OFFICIAL TRUMP (TRUMP) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 7 technical signals, shows that 4 indicators are flashing buy, while 3 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for TRUMP stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, TRUMP is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.

OFFICIAL TRUMP (TRUMP) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	1.51	2.265	3.09	3.845	4.67	5.425	6.25
Fibonacci	2.265	2.868	3.241	3.845	4.448	4.821	5.425

About TRUMP

$TRUMP are now freely tradeable on the blockchain. On July 13, 2024, President Trump faced death and came up fighting! With his fist in the air and the iconic battle cry FIGHT FIGHT FIGHT, President Trump showed the world what a LEADER is made of. His strength and courage ignited a movement becoming the most memorable meme of the century.Now, you can get your piece of history. This Trump Meme celebrates a leader who doesn’t back down, no matter the odds. Join the Trump Community - we’re all about fighting for what matters.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

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