TRUMP price has continued its downward trajectory, currently trading near $21 after a sharp decline of roughly 72% from its all-time high. Over the past 24 hours, the meme coin has dropped another 9%, extending its losses to nearly 30% in a week.

TRUMP lost nearly $10 billion in market cap over the past two weeks, reflecting ongoing selling pressure. As technical indicators like RSI and CMF remain weak, the meme coin faces a critical test to determine whether it can regain momentum or risk further downside.

TRUMP RSI Shows Sellers Are Still In Control Despite The Recent Recovery

TRUMP RSI is currently at 31.68, remaining below the 50 mark for the past seven days, with a notable low of 19.8 on February 1. This extended period of weak RSI suggests persistent selling pressure, as the token has struggled to generate enough momentum for a meaningful recovery.

A sharp dip to 19.8 highlights an extreme level of bearish sentiment, though the recent recovery to 31.68 indicates some stabilization. However, the inability to cross 50 suggests that bullish strength remains limited, keeping TRUMP in a vulnerable position.

The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and magnitude of price movements, ranging from 0 to 100.

Readings above 70 indicate overbought conditions, signaling a possible correction, while readings below 30 suggest an asset is oversold and may be primed for a rebound.

With TRUMP RSI at 31.68, it is hovering just above oversold territory but still below the neutral 50 level, indicating that sellers continue to dominate.

The inability to reclaim 50 over the past week reinforces a bearish outlook, as it reflects a lack of sustained buying pressure necessary to shift market sentiment.

CMF Is Currently At Very Low Levels

TRUMP CMF is currently at -0.23, marking its third consecutive day in negative territory. Yesterday, it hit an all-time low of -0.27, reflecting a significant outflow of capital.

This sustained negative reading suggests that selling pressure has outweighed buying interest, with more volume being transacted at lower prices.

While the slight recovery to -0.23 indicates some stabilization, the overall trend remains bearish, signaling that TRUMP is struggling to attract consistent liquidity inflows.

The Chaikin Money Flow (CMF) is an indicator that measures the accumulation and distribution of capital based on price and volume over a specified period. It ranges from -1 to 1, with positive values indicating strong buying pressure and negative values suggesting persistent selling pressure.

A CMF reading of -0.23 means that sellers are in control, as more volume is flowing out of TRUMP than into it. Given that CMF has remained negative for three days and recently hit its lowest level ever, this suggests weak demand and a lack of sustained buying support, which could keep TRUMP price under pressure in the short term.

TRUMP Price Prediction: More Corrections Ahead?

The TRUMP meme coin is currently trading near the $21 level, facing a key resistance at $24.58. As one of the most hyped meme coins ever launched, a resurgence in momentum could drive a breakout above this resistance.

If buying pressure strengthens and TRUMP reclaims bullish momentum, testing $24.58 becomes a likely scenario.

A successful breakout above this level could trigger further upside, potentially leading to a test of $30.47 in the near term as traders capitalize on renewed enthusiasm.

On the other hand, if TRUMP price fails to establish an uptrend and sellers maintain control, downward pressure could intensify. A lack of buying strength might push the price lower, with $18.56 acting as the next major support level.

If bearish sentiment deepens and volume favors sellers, TRUMP price could break below this level, opening the possibility for further downside.

According to reports, more parents in the US are abandoning traditional 529 college savings plans in favor of Bitcoin.

This shift stems from Bitcoin’s historical price appreciation, which has outpaced conventional investment options like stocks.

Parents Identify Bitcoin’s Appeal as a Long-Term Investment

Many of these parents view Bitcoin as a hedge against inflation and economic uncertainty, seeing its long-term growth potential as an advantage. Despite concerns about its volatility, these investors remain confident in Bitcoin’s ability to preserve value over time.

Still, some parents view Bitcoin as a diversification strategy rather than a complete replacement for traditional savings plans. Many believe their children will have ample time to ride out Bitcoin market fluctuations before they need to access the funds for their College tuition.

“If you’re saving for your kids, add Bitcoin to the portfolio. Buying $10-$100 of Bitcoin per month over 18 years will set your kids up for an excellent life. It will massively outperform the rest of the portfolio,” wrote Rajat Soni, a popular financier on X (formerly Twitter).

Bitcoin’s recent price action has reinforced investor confidence. The cryptocurrency reached a new all-time high of nearly $110,000 this year, marking a staggering 500% surge from its 2022 low of under $20,000.

Supporters argue that Bitcoin still holds significant growth potential, which has fueled its adoption across retail and institutional investors alike.

However, choosing Bitcoin over 529 plans comes with trade-offs. While Bitcoin offers the potential for significant gains, parents who opt for cryptocurrency investments forego the tax advantages of 529 plans, which provide benefits like tax-free withdrawals for educational expenses.

Growing Institutional and Political Support for BTC

Meanwhile, Bitcoin’s rising adoption extends past individual investors. Over the past year, institutional interest has surged, with more than 70 publicly traded companies now holding over 600,000 BTC. This accumulation signals confidence in Bitcoin’s long-term value and role as a viable store of wealth.

Beyond institutional adoption, Bitcoin’s rising popularity has also been fueled by political shifts. US President Donald Trump’s transition from a crypto skeptic to a pro-Bitcoin advocate has further legitimized the asset.

His plan for a Bitcoin stockpile has intensified global interest, with nations such as the Czech Republic and Hong Kong also exploring Bitcoin reserves.

Market experts believe these moves are unsurprising because of the top asset’s core attributes. According to them, BTC’s decentralized nature, fixed supply, and global accessibility position it as a strong alternative to traditional investment options.

Travis Kling, founder and chief investment officer of Ikigai Asset Management, has highlighted Bitcoin’s role as protection against central bank mismanagement.

“Eventually you come to Bitcoin and you can squint a little bit and actually put together a cogent argument that Bitcoin would be a better collateral foundation than Treasuries,” Kling wrote.

He explained that Bitcoin is built to absorb a large portion of global money supply growth. This feature makes it a strong alternative to fiat-based investments.

While Bitcoin remains volatile, Kling predicted that it would become more stable and widely accepted over the next decade. By 2035, he projected Bitcoin’s market capitalization could reach $15 trillion, with an annual trading volume of $200 trillion.

If realized, this could position Bitcoin as superior collateral compared to traditional investment vehicles like US Treasury bonds.