Donald Trump’s Memecoin Enters 55% Breakout Stage Amid Israel-Iran Ceasefire

Official Trump (TRUMP), the memecoin tied to US President Donald Trump, is showing signs of a major bullish breakout, just hours after Trump announced a ceasefire between Israel and Iran.

$TRUMP Eyes 55% Boom Following Textbook Breakout

TRUMP price surged above the upper trendline of a falling wedge formation on June 25, setting the stage for a potential 55% rally.

A falling wedge is considered a bullish reversal pattern defined by two converging downward-sloping trendlines. The setup typically results in the price breaking above the upper trendline and rising by as much as the wedge’s maximum height.

TRUMP has now broken above the pattern’s resistance, with the breakout target set at $14.49, derived from the wedge’s maximum height. That is up 55% from the current price levels.

Volume on the breakout is beginning to rise, while the daily RSI is rebounding from oversold levels, supporting the case for upward continuation. For further upside confirmation, bulls need to reclaim the 200-day EMA (the blue wave) near $10.80.

Easing Middle East Conflict Boosts Memecoin Demand

$TRUMP’s breakout outlook appears after President Trump’s announcement of a temporary ceasefire agreement between Israel and Iran. The move has lowered geopolitical risk and reignited risk appetite across speculative crypto assets, especially memecoins.

For instance, TRUMP’s top memecoin rivals within the Solana (SOL) ecosystem, namely Bonk (BONK) and Fartcoin (FARTCOIN), rallied 19% and 32%, respectively, after the ceasefire announcement on June 23.

Since its launch earlier in 2025, TRUMP has shown a tendency to spike during major Trump-related headlines. The latest price surge comes as Trump positions himself as a global peacemaker, injecting new momentum into the token’s narrative

In April 2025, TRUMP’s price jumped more than 50% after the announcement that the top 220 holders would get a private dinner—and the top 25 a White House tour—with President Trump.