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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 Value Set For An Upward Trajectory
The present MAGA value motion has shaped a descending channel (marked by the 2 white trendlines), indicating a bearish pattern. Nevertheless, the $2.5 assist zone, throughout 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 accordance with information from GeckoTerminal.
Because of the surge, TRUMP value now trades above the 200-day Easy Shifting Common (SMA), which can present that the asset is certain for an enormous surge. In the meantime, the 50-day SMA now acts as an instantaneous resistance stage at $3.60.
The Relative Energy Index (RSI) is beneath the midpoint of fifty at 45, indicating weak momentum and barely bearish situations, however appears to be transferring up. Nevertheless, it isn’t within the oversold area (beneath 30), which means there may be room for additional draw back but in addition potential for a reversal. If the RSI crosses above 50, it might assist a bullish case.
The Shifting 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 displaying optimistic values, though comparatively small, suggesting a weak bullish crossover.
MAGA Value Prediction
The MAGA value evaluation reveals 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 value of MAGA might breach the $3.60 fast resistance, because it goals for the following attainable resistance stage at $5.0.
Nevertheless, if the bears take management of the value, TRUMP might plunge again to the $2.5 assist stage.
In the meantime, buyers looking for different alternatives within the PolitiFi house of the crypto market would possibly think about FreeDum Fighters ($DUM), which has blasted previous $425k in funds raised in its presale.
In response to analyst and YouTuber Jacob Bury, with over 43k subscribers, DUM is likely one of the greatest 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 affords 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 a part of the challenge. MAGATRON at the moment boasts a 281% annual return for its supporters (stakers), whereas Kamacop affords a surprising 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 🦅
Solid your vote by collaborating within the $DUM presale and utilizing their stake-to-vote system 🗳️
Remember to comply with this challenge, you’ll not remorse it.🔥🔥 pic.twitter.com/j452Rht1Lq
— Pink (@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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