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The MAGA worth rose 4% within the final 24 hours to commerce at $3.30 as of 00:19 a.m. EST on buying and selling quantity that surged 37% to $20.8 million.
This comes as Kamala Harris takes a slight lead over Donald Trump within the nationwide polling averages because the US election looms, with 48% forward of Trump’s 46.8%.
Maga Value Set For An Upward Trajectory
The present MAGA worth motion has shaped a descending channel (marked by the 2 white trendlines), indicating a bearish pattern. Nonetheless, the $2.5 help zone, inside the decrease boundary of the falling channel, has acted as a big help that has pushed the worth of MAGA to the higher boundary, based on information from GeckoTerminal.
On account of the surge, TRUMP worth now trades above the 200-day Easy Transferring Common (SMA), which can present that the asset is sure for a large surge. In the meantime, the 50-day SMA now acts as a direct resistance degree at $3.60.
The Relative Power Index (RSI) is beneath the midpoint of fifty at 45, indicating weak momentum and barely bearish situations, however appears to be transferring up. Nonetheless, it’s not within the oversold area (beneath 30), that means there’s room for additional draw back but additionally potential for a reversal. If the RSI crosses above 50, it could help a bullish case.
The Transferring Common Convergence Divergence (MACD) is barely above the sign line, which will be an early signal of bullish momentum returning. The histogram bars have began displaying optimistic values, though comparatively small, suggesting a weak bullish crossover.
MAGA Value Prediction
The MAGA worth evaluation exhibits that the asset is transferring up because it goals for a breakout above the higher boundary of the falling channel sample. With the MACD and RSI displaying optimistic trajectory, the worth of MAGA could breach the $3.60 quick resistance, because it goals for the subsequent attainable resistance degree at $5.0.
Nonetheless, if the bears take management of the worth, TRUMP might plunge again to the $2.5 help degree.
In the meantime, traders in search of various alternatives within the PolitiFi house of the crypto market may take into account FreeDum Fighters ($DUM), which has blasted previous $425k in funds raised in its presale.
Based on analyst and YouTuber Jacob Bury, with over 43k subscribers, DUM is among the finest meme cash to purchase now in preparation for the meme coin supercycle.
A Promising Different To MAGA – Greatest Crypto To Purchase Now?
FreeDum Fighters is a satirical meme coin challenge that’s driving the hype across the US election, and gives traders a blockchain model of the showdown between Donald Trump and Kamala Harris.
Buyers are requested to stake their DUM tokens for both MAGATRON or Kamacop 9000 once they be a part of the challenge. MAGATRON at the moment boasts a 281% annual return for its supporters (stakers), whereas Kamacop gives a shocking 760% annual return.
$DUM holders may also take part in energetic debates and earn rewards primarily based on the chosen candidate’s efficiency.
Prepared for this 12 months’s elections?
Become involved early by becoming a member of the @Freedum_Fighter elections between MAGATRON and Kamacop 🦅
Forged your vote by collaborating within the $DUM presale and utilizing their stake-to-vote system 🗳️
Be sure you comply with this challenge, you’ll not remorse it.🔥🔥 pic.twitter.com/j452Rht1Lq
— Purple (@Redlion35) October 17, 2024
Go to the official FreeDum Fighters web site to purchase $DUM tokens right here utilizing ETH, BNB, USDT, USDC, or SOL, with every token costing $0.000065.
Purchase now earlier than a worth hike in about 7 hours.
Associated Information
Most Searched Crypto Launch – Pepe Unchained
- Layer 2 Meme Coin Ecosystem
- Featured in Cointelegraph
- SolidProof & Coinsult Audited
- Staking Rewards – pepeunchained.com
- $10+ Million Raised at ICO – Ends Quickly
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