TrumpCoin (DTC) Price Prediction | CoinCodex (2023)

According to our current TrumpCoin price prediction, the value of TrumpCoin is predicted to rise by17.09%and reach $ 4.549e-8 by June 14, 2023. According to our technical indicators, the current sentiment isBearishwhile the Fear & Greed Index is showing50 (Neutral). TrumpCoin recorded19/24 (79%)green days with price volatility over the last 30 days. Based on our TrumpCoin forecast, it's now a bad time to buy TrumpCoin.

Disclaimer:This is not investment advice. The information provided is for general information purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.

Comparing TrumpCoin against other important technological innovations and trends is one way of predicting where the TrumpCoin price could head over the long term. The table above shows what the TrumpCoin price would be by end of year 2024, 2025, and 2026 if its growth trajectory followed the growth of the internet, or large tech companies like Google and Facebook in their growth phase.

In the best case scenario, DTC price prediction for year 2026 is $ 0.00 if it follows Facebook growth. In case TrumpCoin would follow Internet growth the prediction for 2026 would be $ 0.00.

Popular DTC Moving Averages and Oscillators for Fri, Jun 09, 2023

Moving averages are a popular indicator in all financial markets. The purpose of a moving average (MA) is to smooth price action over a certain amount of time. Moving averages are a lagging indicator which means they are based on previous price action. In the table below you can find two types of moving averages, simple moving average (SMA) and exponential moving average (EMA).

TrumpCoin Oscillators

An oscillator is a technical analysis tool that constructs high and low bands between two extreme values, and then builds a trend indicator that fluctuates within these bounds. Traders use the trend indicator to discover short-term overbought or oversold conditions.

TrumpCoin Key Price Levels

Based on today's classical pivot point (P1) with the value of $ 3.885e-8, TrumpCoin has support levels of $ 3.885e-8, $ 3.885e-8, and the strongest at $ 3.885e-8. Similarly, TrumpCoin resistance levels are at $ 3.885e-8, $ 3.885e-8, and $ 3.885e-8..

TrumpCoin Correlation

Over the past 7 days, TrumpCoin price was most positively correlated with the price ofBitcoin (BTC),EOS (EOS),Bitcoin (BTC),NEM (VIEW)andDash (DASH)and most negatively correlated with the price ofBitcoin (BTC),Binance Coin (BNB),XRP (XRP),Cardano (ADA)andTRON (TRX).

TrumpCoin price isnotcorrelated with the top 10 coins by marketcap with a value of0.000, excluding Tether (USDT) andnotcorrelated with the top 100 coins by marketcap excluding all stablecoins with a value of0.000.

Currencies that are positively correlated with TrumpCoin indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with TrumpCoin, a move in one direction for TrumpCoin would translate into a move in the opposite direction for the negatively correlated coin.

To get a better idea of what could happen to the TrumpCoin price in the future, it’s helpful to also explore TrumpCoin’s price history. In the last month, the DTC/USD pair is down.

How to read and predict TrumpCoin price movements?

TrumpCoin traders use a variety of tools to try and determine the direction in which the DTC market is likely to head next. These tools can roughly be divided into indicators and chart patterns. When trying to predict the TrumpCoin price, traders also try to identify important support and resistance levels, which can give an indication of when a downtrend is likely to slow down and when an uptrend is likely to stall.

TrumpCoin Price Prediction Indicators

Moving averages are among the most popular TrumpCoin price prediction tools. As the name suggests, a moving average provides the average closing price for DTC over a selected time frame, which is divided into a number of periods of the same length. For example, a 12-day simple moving average for DTC is a sum of DTC’s closing prices over the last 12 days which is then divided by 12.

In addition to the simple moving average (SMA), traders also use another type of moving average called the exponential moving average (EMA). The EMA gives more weight to more recent prices, and therefore reacts more quickly to recent price action.

50-day, 100-day and 200-day moving averages are among the most commonly used indicators in the crypto market to identify important resistance and support levels. If the DTC price moves above any of these averages, it is generally seen as a bullish sign for TrumpCoin. Conversely, a drop below an important moving average is usually a sign of weakness in the DTC market.

Traders also like to use the RSI and Fibonacci retracement level indicators to try and ascertain the future direction of the DTC price.

How to read TrumpCoin charts and predict price movements?

Most traders use candlestick charts, as they provide more information than a simple line chart. Traders can view candlesticks that represent the price action of TrumpCoin with different granularity – for example, you could choose a 5-minute candlestick chart for extremely short-term price action or choose a weekly candlestick chart to identify long-terms trends. 1-hour, 4-hour and 1-day candlestick charts are among the most popular.

Let’s use a 1-hour candlestick chart as an example of how this type of price chart gives us information about opening and closing prices. The chart is divided into “candles” that give us information about TrumpCoin’s price action in 1-hour chunks. Each candlestick will display DTC’s opening price, closing price, as well as the highest and lowest prices that TrumpCoin reached within the 1-hour period.

It’s also important to pay attention to the color of the candle – a green candle means that the closing price was higher than the opening price, while a red candle tells us the opposite. Some charts will use hollow and filled candlestick bodies instead of colors to represent the same thing.

What affects the price of TrumpCoin?

Just like with any other asset, the price action of TrumpCoin is driven by supply and demand. These dynamics can be influenced by fundamental events such asblock reward halvings, hard forks or new protocol updates. Regulations, adoption by companies and governments,cryptocurrency exchangehacks, and other real-world events can also affect the price of DTC. The market capitalization of TrumpCoin can change significantly in a short period of time.

When trying to make a TrumpCoin forecast, many traders also try to monitor the activity of DTC “whales”, which are entities and individuals that control large amounts of DTC. Since the TrumpCoin market is relatively small compared to traditional markets, “whales” can single-handedly have a big influence on TrumpCoin’s price movements.

Bullish and bearish price prediction patterns

Some traders try to identify candlestick patterns when makingcryptocurrency price predictionsto try and get an edge over the competition. Some candlestick formations are seen as likely to forecast bullish price action, while others are seen as bearish.