A new technical analysis suggests the Solana-based Trump memecoin might be poised for a significant price jump, potentially increasing by as much as 138%. Analyst Ali Martinez highlights promising signals from various indicators, suggesting that if critical resistance levels are overcome, this memecoin could hit new highs. However, he cautions about potential risks to other major cryptocurrencies like Ethereum and Chainlink. Martinez believes the Trump memecoin is currently in a bullish formation, supported by the TD Sequential indicator on a weekly basis. If it maintains its current support level, the memecoin could see an impressive rise of around 138% reaching approximately $17.94. Currently trading at $7.55 after a period of price stagnation, this crypto is gaining attention on social media platforms. If Martinez’s predictions hold true, investors stand to make substantial returns. Meanwhile, the analysis reveals potential risks for Ethereum and Chainlink, predicting possible declines. 19% for Ethereum could lead to a support level of $1,200, with Chainlink facing a drop of up to 34%, potentially reaching $10 or $7.50. The market’s direction remains uncertain as the analysis highlights that cautious risk management is crucial. While some crypto assets may face headwinds, the Trump memecoin could see explosive growth if its predictions prove accurate.