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The MAGA value 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 Worth Set For An Upward Trajectory
The present MAGA value motion has fashioned a descending channel (marked by the 2 white trendlines), indicating a bearish development. Nevertheless, the $2.5 assist zone, inside the decrease boundary of the falling channel, has acted as a big assist that has pushed the value of MAGA to the higher boundary, in line with information from GeckoTerminal.
Because of the surge, TRUMP value now trades above the 200-day Easy Transferring Common (SMA), which can present that the asset is certain for a large surge. In the meantime, the 50-day SMA now acts as a right away resistance degree at $3.60.
The Relative Power Index (RSI) is under the midpoint of fifty at 45, indicating weak momentum and barely bearish circumstances, however appears to be shifting up. Nevertheless, it’s not within the oversold area (under 30), that means there’s room for additional draw back but additionally potential for a reversal. If the RSI crosses above 50, it could assist a bullish case.
The Transferring Common Convergence Divergence (MACD) is barely above the sign line, which could be an early signal of bullish momentum returning. The histogram bars have began exhibiting optimistic values, though comparatively small, suggesting a weak bullish crossover.
MAGA Worth Prediction
The MAGA value evaluation reveals that the asset is shifting up because it goals for a breakout above the higher boundary of the falling channel sample. With the MACD and RSI exhibiting optimistic trajectory, the value of MAGA might breach the $3.60 speedy resistance, because it goals for the following potential resistance degree at $5.0.
Nevertheless, if the bears take management of the value, TRUMP may plunge again to the $2.5 assist degree.
In the meantime, traders in search of different alternatives within the PolitiFi area of the crypto market would possibly think about FreeDum Fighters ($DUM), which has blasted previous $425k in funds raised in its presale.
In line with analyst and YouTuber Jacob Bury, with over 43k subscribers, DUM is likely one of the finest meme cash to purchase now in preparation for the meme coin supercycle.
A Promising Various To MAGA – Finest Crypto To Purchase Now?
FreeDum Fighters is a satirical meme coin undertaking that’s driving the hype across the US election, and affords traders a blockchain model of the showdown between Donald Trump and Kamala Harris.
Traders are requested to stake their DUM tokens for both MAGATRON or Kamacop 9000 after they be part of the undertaking. MAGATRON presently boasts a 281% annual return for its supporters (stakers), whereas Kamacop affords a shocking 760% annual return.
$DUM holders may also take part in vigorous debates and earn rewards primarily based on the chosen candidate’s efficiency.
Prepared for this 12 months’s elections?
Get entangled 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 🗳️
Make sure to comply with this undertaking, 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 value 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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