Trump's Crypto Revenues Exceed $1.2 Billion
📊 COIN — Piyasa Yorumu
▲ up · 60%The news can be interpreted as a positive political signal for the cryptocurrency sector, potentially driving short-term demand increases for crypto exchanges like Coinbase. Technically, the RSI at 42.87 is not near oversold territory but remains low, suggesting selling pressure may be easing. Although the MACD line is below the signal line, the narrowing gap indicates a weak improvement in momentum. The price is trading below the 20-day SMA (147.80) and even lower relative to the 50-day SMA (152.42), limiting short-term recovery potential. Overall, the positive news impact may partially offset the weakness in technical indicators, but stronger signals are needed for a sustainable uptrend.