USD1 Stablecoin Debuts on Aptos Blockchain
Launch of USD1 Stablecoin: The USD1 stablecoin was launched on the Aptos blockchain, marking its first integration with a Move-based Layer 1 network, announced by Donald Trump Jr. and Zach Witkoff at the Token 2049 conference in Singapore.
Market Impact and Adoption: The launch positively influenced the Aptos token, which rose by about 8%, and is expected to enhance trading activity and Total Value Locked (TVL) on the Aptos network, driving further adoption among crypto enthusiasts.
Get Real-Time Alerts for Any Crypto Movement
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 crypto.
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 | 2.402 | 2.586 | 2.75 | 2.934 | 3.098 | 3.282 | 3.446 |
| Fibonacci | 2.586 | 2.719 | 2.801 | 2.934 | 3.067 | 3.149 | 3.282 |
About TRUMP
About the author
