Official Trump Price Forecast – Why TRUMP Could Rally to $10 Soon
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Highlights:
- Official Trump is currently trading at the $7.90 resistance
- Pushing through the $7.90 resistance could trigger a rally to $10
- Possible US-China trade deal could send TRUMP higher in the short term
Official Trump (TRUMP) is one of the few cryptocurrencies still in the green today. At the time of writing, Official Trump was trading at $7.76, up by 14% in the day. These gains are an indicator that more investors are watching TRUMP today, compared to many other altcoins. Trump’s intraday trading volumes also hint at increasing bullish momentum.
Over the last 24 hours, TRUMP trading volumes have increased by 19.91% to reach $2.14 billion. Such alignment of the price and volumes shows that investors expect TRUMP to continue rising in the short term. There are several solid reasons why Trump could outperform the broader cryptocurrency market in the short term.
Trump-Xi Meeting Sparks Momentum for Official Trump
One of them is the spotlight around President Trump during his Asian visit. Investors are watching his moves, especially his upcoming meeting with China’s president Xi. Expectations are high that a meeting between the two leaders could lead to a trade deal. Already, Trump has made moves that signify a possibility of a good deal being agreed upon between the two sides. For instance, Trump has already announced that he is removing the 20% tariff that had been imposed on China due to Fentanyl.
China, the unexpected "winner" from Trump's second term trade war?
Bringing the Trump 2 tariff on China down to 20% (10% reciprocal, 10% fentanyl) is a huge win for China; it puts the new tariffs at the same level as the new tariffs on SE Asia
— Brad Setser (@Brad_Setser) October 28, 2025
All these moves could culminate in a withdrawal of all tariffs or a reduction to reasonable levels after tomorrow’s, October 30, meeting. Such a move could trigger a parabolic price rally across the cryptocurrency market. For Official Trump, which is linked to the US president, the move could be big enough to outperform the rest of the market. This explains why momentum is already building up around it, now that hints of a deal are being sent out into the market.
Expectations of More Pro-Crypto Legislation Pushing TRUMP Higher
Investors are also excited that a cryptocurrency like Official Trump, which is linked to the US president, could benefit from more pro-crypto regulations. This year so far, the Trump administration has enacted two pivotal pieces of legislation favorable to the cryptocurrency market. These are the GENIUS and CLARITY Act. The administration has also taken steps to reform the SEC to be more pro-cryptocurrency.
According to Trump’s technology czar, David Sacks, more pro-crypto moves are coming. The most significant one is his announcement that the cryptocurrency market structure legislation could be signed into law before the end of the year. This is likely to give renewed momentum to the broader market, and particularly those linked to President Trump. As such, Official Trump could see even more upside in the short to medium term.
RUMOR IN THE STREETS:
🇺🇸 TOM LEE AND MICHAEL SAYLOR ARE SET TO MEET WITH THE U.S. SENATE TO PUSH THE MARKET STRUCTURE BILL FORWARD.
WALL STREET AND WASHINGTON ARE FINALLY ALIGNING.
POLICY IS ABOUT TO MEET CAPITAL. pic.twitter.com/4SJH3z8aqt
— Merlijn The Trader (@MerlijnTrader) October 28, 2025
Possible Fed Rate Cuts Could Send TRUMP Higher
Aside from all the news surrounding President Trump, Official Trump could benefit from the interest rate news expected to be released today. There is a growing consensus in the markets that the Fed will cut interest rates today. On prediction markets, 98% expect a 25 basis point cut today, while 2% expect a 50 basis point cut.
If what the markets are expecting comes true, then a rally across risk-on assets could follow. That’s because an end to quantitative easing could increase the flow of liquidity into the markets. For a cryptocurrency like Official Trump that is linked to Donald Trump, this could mean a rally to new highs in the short to medium term.
FOMC in 8 hours
Just remember that the 25bps cut is a given and there’s close to zero chance it doesn’t happen
Statements are important and also waiting to observe if sellers are absorbed under $113k
Charts. Front running narratives. Flows
Don’t fool around otherwise pic.twitter.com/Bc7dFshcGP
— Crypto Bully 🔥 (@BullyDCrypto) October 29, 2025
Technical Analysis – Official Trump Trading at Critical Resistance
TRUMP has been in a rally for the last 24 hours. However, the price has started struggling at the $7.90 resistance level. If bulls gain enough momentum and TRUMP closes above the $7.90 resistance, then a rally to $10 could follow.
On the other hand, if bears take control, then a correction to the $6.73 support could follow. Any of these scenarios could play out depending on how the Fed moves on interest rates and the upcoming Trump-Xi talks.
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