TRUMP price slides toward $1.50 despite Trump's $1.4B crypto windfall
Official Trump [TRUMP] extended its broader downtrend this week, with the memecoin trading near the key $1.50level as bearish momentum continued to weigh on its price. The decline stands in stark contrast to the financial performance of U.S. President Donald Trumps broader crypto ventures. A Reuters analysis of financial disclosures found that Trump received more than $1.4 billionfrom Trump-family crypto ventures in 2025, including income linked to World Liberty Financial and the TRUMP memecoin. TRUMP struggles to reverse bearish price trend At press time, TRUMP was trading around $1.53on Binance, placing the memecoin within touching distance of the psychologically important $1.50level. The 12-hour chartshowed a sustained bearish structure stretching back to May. After trading around $2.50in early May, TRUMP recorded a series of lower highs and lower lows, interrupted by a brief rally towards $2.40in June. That recovery proved short-lived, however, as sellers regained control and pushed the token steadily lower. Source: TradingView TRUMPs Relative Strength Index [RSI] stood at 35.67, indicating that bearish momentum remained dominant. However, the indicator was approaching the oversold threshold of 30, potentially making the $1.50region an important area to watch for buyers. A decisive breakdown below this level could reinforce the existing bearish structure. Conversely, holding $1.50could provide a base for an attempted