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The MAGA value dropped 5% within the final 24 hours to commerce at $1.32 as of 11:24 p.m. EST on buying and selling volumes that plummeted 18% to $6.2 million.
MAGA Worth On A Bearish Development
In keeping with the TRUMP/USD chart evaluation on GeckoTerminal, the MAGA value on the day by day time-frame signifies a bearish development.
Costs are presently beneath each the 50-day and 200-day Easy Shifting Averages (SMAs), with a descending channel sample that means continued downward stress.
That is typically a bearish sign, though descending patterns can generally sign a possible reversal if the asset’s value breaks above the higher boundary of the sample.
The Relative Energy Index (RSI) is at 32.67, which is near the oversold degree of 30. An RSI beneath 30 is taken into account oversold and will point out that the asset is due for a short-term bounce.
Nonetheless, at this degree (simply above oversold), it means that there should be promoting stress. Nonetheless, the asset may very well be nearing a degree the place it’s enticing to consumers in search of to revenue from a possible reversal.
If this momentum continues, the worth of MAGA may plunge additional down, with $1.0 probably performing because the instant assist zone.
If consumers take cost at this degree, it might result in a bullish development reversal, which may push the MAGA value again to the $5.50 resistance alongside the 200-day SMA.
In the meantime, buyers are shopping for into a brand new PolitiFi mission, FreeDum Fighters (DUM), with its presale blasting previous $504k in funds raised since its launch.
In keeping with analyst and YouTuber Jacob Bury, with over 43K subscribers, DUM can probably surge 10X when it launches.
FreeDum Fighters: The Subsequent PolitiFi Venture To Explode?
FreeDum Fighters contains a digital battlespace the place political protagonists of assorted stripes can go head-to-head. Tracked occasions from campaigns and past feed into the ecosystem, which is powered by a novel voting system.
The primary contest – between MAGATRON and Kamacop 9000 – is a mechanized model of the Trump v Harris conflict. Magatron presently has 65% of the vote, whereas Kamacop solely has 35%.
This modern coin merges cryptocurrency with social and political engagement, making it a well timed mission amid post-election discussions. By selecting a facet, holders assist their most popular candidate and take part in a novel digital motion.
Please do not reduce the spend that’s used to maintain MAGATRON and Kamacop in tip prime form.
We want them when the Martians assault 👽 https://t.co/AeceCPvD2w
— FreeDum Fighters (@Freedum_Fighter) November 15, 2024
DUM holders have a number of methods to again their chosen champion and earn substantial rewards in return. The best methodology includes staking by two protocols, every belonging to a candidate. By staking DUM cash in both pool, buyers earn passive revenue at aggressive charges. Every staking pool affords various rewards.
Proper now, the passionately patriotic Magatron affords an annual staking yield of 257%, whereas the trailblazing feminist Kamacop 9000 boasts a stratospheric 610% return.
DUM can be out there on a number of blockchain platforms, together with Ethereum (ETH), Binance Sensible Chain (BSC), Base, and Solana (SOL).
Purchase DUM tokens right here utilizing ETH, BNB, USDT, USDC, or SOL for $0.00008 earlier than the present presale stage ends in 2 days.
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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