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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 pattern. Nevertheless, the $2.5 assist zone, inside the decrease boundary of the falling channel, has acted as a big assist that has pushed the worth of MAGA to the higher boundary, based on knowledge from GeckoTerminal.
On account of the surge, TRUMP value now trades above the 200-day Easy Transferring Common (SMA), which can present that the asset is sure for an enormous surge. In the meantime, the 50-day SMA now acts as a direct resistance degree at $3.60.
The Relative Energy Index (RSI) is beneath 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 (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 assist a bullish case.
The Transferring Common Convergence Divergence (MACD) is barely above the sign line, which may be an early signal of bullish momentum returning. The histogram bars have began displaying constructive 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 displaying constructive trajectory, the worth of MAGA could breach the $3.60 quick resistance, because it goals for the subsequent doable resistance degree at $5.0.
Nevertheless, if the bears take management of the worth, TRUMP may plunge again to the $2.5 assist degree.
In the meantime, buyers looking for various alternatives within the PolitiFi area of the crypto market may contemplate FreeDum Fighters ($DUM), which has blasted previous $425k in funds raised in its presale.
In keeping 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 Different To MAGA – Greatest Crypto To Purchase Now?
FreeDum Fighters is a satirical meme coin mission that’s using the hype across the US election, and presents buyers 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 part of the mission. MAGATRON at the moment boasts a 281% annual return for its supporters (stakers), whereas Kamacop presents a surprising 760% annual return.
$DUM holders can even take part in energetic debates and earn rewards based mostly on the chosen candidate’s efficiency.
Prepared for this yr’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 🗳️
Remember to comply with this mission, you’ll not remorse it.🔥🔥 pic.twitter.com/j452Rht1Lq
— Crimson (@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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