With the vast cryptocurrency market witnessing increased activity just hours before Donald Trump's inauguration, attention is turning to key Altcoins that could see significant volatility in the coming days.

As Trump prepares to take office, BeInCrypto has selected 3 Altcoins that could see strong development in the changing market landscape under his management.

Official Trump meme coin (TRUMP)

The TRUMP meme coin on the Solana platform is one of the coins to watch this week as Donald Trump returns to office. At the time of writing, this meme is trading at $56.83, up 30% in the past 24 hours.

An analysis of the TRUMP/USD chart over a day shows that this meme coin is overbought and may witness a price decline in the coming days. This is reflected in its Relative Strength Index (RSI) currently at 98.59 at the time of writing.

This index measures the overbought and oversold conditions of an asset. It ranges from 0 to 100, with values above 70 indicating the asset is overbought and needs to correct. Conversely, values below 30 indicate the asset is oversold and may recover.

With an RSI of 98.59, this indicator suggests the TRUMP meme coin is overbought and may need to correct. If this occurs, TRUMP's price could drop to $31.64. However, if buying pressure persists, the value of this meme coin could return to its ATH of $78.

#2. Solana (SOL)

The Layer 1 coin SOL is another key Altcoin to watch this week. The Solana network is currently hosting the most talked-about meme coin: TRUMP, so its performance needs attention.

Due to the increased activity on the Solana network after the launch of TRUMP, SOL has reached an ATH of $295.83 on 19/01/2025. However, as TRUMP's price declined, SOL has witnessed a drop in value. Currently, this Altcoin is trading at $267.18, down 4% in the past 24 hours.

With the increased selling pressure, SOL appears poised to continue declining in the coming days, potentially causing its price to drop to $239.39.

However, if market sentiment improves, the value of SOL could regain its ATH and attempt to surpass it.

#3. XRP

XRP is another Altcoin to watch this week. It is part of the asset collection that will make up Donald Trump's "America First strategic crypto reserve".

At the moment, the Altcoin is trading at $3.24, up 38% in the past week. On the daily chart, XRP remains firmly above the green line of the Super Trend indicator, providing dynamic support at $2.56.

This indicator tracks the direction and strength of an asset's price trend. It displays as a line on the price chart, changing color to reflect the current market trend: green for an uptrend and red for a downtrend.

When an asset's price trades above the Super Trend, it signals an uptrend, indicating that buying activity is outpacing selling among investors. If this uptrend continues, XRP could reclaim its multi-year high of $3.41. Conversely, an increase in selling pressure will trigger a price correction, potentially pushing XRP down to $2.56.

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