Official Trump (TRUMP) Added to Travala’s Payment Options with a 9% Price Surge
- Travala declares the acceptance of TRUMP tokens as a payment option.
- The Official Trump token is traded at $41.59, marking a gain of over 9%.
Travala, the blockchain-enabled travel booking platform, has announced the inclusion of OFFICIAL TRUMP (TRUMP), a new payment solution. Thereby, it enables users to book hotels, flights, and other fun activities globally.
It provides a transit between cryptocurrency and real-world utility. Travala facilitates crypto enthusiasts with new technologies and encourages the use of digital currency.
Travala accepts more than 100 mainstream cryptocurrencies, which makes it one of the most flexible crypto payment platforms. Users can book travel services with BTC, ETH, BNB, USDT, AVA, XRP, ADA, and many more tokens.
Besides, Donald Trump’s inauguration as the 47th President of the US was completed. The crypto community is looking forward to reforms that he promised to bring into the industry.
However, he made no mention of cryptocurrencies on his first day. Recently, Trump commented that he didn’t know more details about the token other than its launch by his name.
Notably, the crypto market turned moderately bullish with the global market cap climbing to $3.62 trillion. The OFFICIAL TRUMP (TRUMP) has recorded a price surge of over 9.42% in the last 24 hours.
Price Momentum of TRUMP
In the early hours, TRUMP traded at a low of $36.96 and eventually the bulls propelled the asset to visit a high of $48.17. At the press time, OFFICIAL TRUMP traded at $41.59, with its daily trading volume resting at $15.6 billion.
The token launched on January 17, 2025, and its price surged to the current trading level from its all-time low of $6.24. TRUMP has recorded its all-time high at $75.35.
According to TheNewsCrypto price prediction of TRUMP, on the bullish side, the initial resistance is to be found at $56.15. The extended gains will trigger the asset to climb the highest resistance level marked at $87.26.
In case, a negative sentiment is triggered, the asset might catch the first support at $37.56 and a further drop could push the price toward a support at $26.27.
TRUMP’s trading pattern has laid out a falling channel. The upper trendline of the asset connects several high points, while the lower trendline connects the lower points.
This pattern likely indicates that the sellers are in control, with the price forming lower lows and lower highs. Furthermore, the traders tend to sell near the upper trendline and buy near the lower trendline. The descending channel aids in determining the shorting possibilities and assessing the market sentiment.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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