TRUMP has seen a significant 15% increase in value in the last week after going through a period of instability resulting in losses during February and March.

Even with this bounce back, the alternative coin is still subject to market fluctuations. Yet, an improvement in overall economic conditions is creating a more favorable setting for TRUMP, potentially paving the way for further growth.

Investors in TRUMP are feeling optimistic at the moment, indicated by the ADX (Average Directional Index) showing ongoing bullish sentiment around OFFICIAL TRUMP despite recent market ups and downs.

Market participants are reacting positively to recent events such as the US finalizing a trade deal with the UK and engaging in talks with China about tariffs. These diplomatic moves are painting President Donald Trump in a positive light, contributing to the rise in TRUMP's value.

The optimistic outlook regarding the US government's trade endeavors is proving advantageous for TRUMP investors. As market sentiment stays generally upbeat due to geopolitical events, TRUMP's price has been climbing accordingly.

Global sentiment shifts are driving the overall momentum for TRUMP. The weighted sentiment measure, which monitors market perceptions, surged after the US-UK trade agreement was disclosed. This news excited TRUMP holders, although the enthusiasm waned quickly.

As the initial buzz fades, it appears that TRUMP's price shifts may not solely be due to lasting investor faith. Relying heavily on short-term political events could pose risks for the cryptocurrency, especially if market sentiment changes in the future.

TRUMP's current trading value is $14.47, reflecting a 15% rise in the past week. The altcoin is nearing the critical resistance point of $14.53, with the next milestone being $17.14.

If TRUMP manages to surpass this resistance level, it could sustain its upward trend, possibly breaking more barriers and continuing its recovery from the recent decline.

The potential success of trade negotiations between the US and China could improve President Trump's image, propelling TRUMP's price toward $20.00. This would signal a more positive market perspective and further boost investor trust in the altcoin.

Positive momentum from successful trade deals could further drive TRUMP's price growth.

Nonetheless, if TRUMP's price falls below the $13.36 support level, the bullish outlook for TRUMP may be jeopardized. A drop to $12.18 or $10.29 would erase recent gains, indicating a change in sentiment and triggering a consolidation phase.

This scenario would suggest that the current surge was more short-term than sustainable.