Thursday, November 5, 2026Daily EditionIndependent journalism
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Markets

Trump’s 27.9 RSI signals oversold conditions, but trend stays bearish

Image: The Cryptonomist

As of November 5, 2026, TRUMP remains in a bearish daily structure, with the Trump price at $1.26 on Binance . Hourly momentum is improving, yet price sits below every tracked moving average across all timeframes. A rebound is plausible; a reversal is not yet confirmed. Key takeaways Daily RSI at 27.9 signals oversold conditions, but the widening negative MACD histogram keeps the bearish trend intact. TRUMP trades below bearishly aligned EMAs on daily, hourly, and 15-minute charts, with the nearest daily resistance at $1.36 . A daily close above $1.36 triggers the bullish scenario; a close below daily S1 at $1.13 confirms further downside. Total crypto market cap stands at $2.71 trillion with a neutral Fear & Greed reading of 50.

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