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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. Nonetheless, the $2.5 help zone, throughout the decrease boundary of the falling channel, has acted as a major help that has pushed the value of MAGA to the higher boundary, in response to 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 sure for a large 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. Nonetheless, 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 will help 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 constructive values, though comparatively small, suggesting a weak bullish crossover.
MAGA Value 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 value of MAGA could breach the $3.60 speedy resistance, because it goals for the following attainable resistance degree at $5.0.
Nonetheless, if the bears take management of the value, TRUMP may plunge again to the $2.5 help degree.
In the meantime, traders in search of different alternatives within the PolitiFi house of the crypto market may contemplate FreeDum Fighters ($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 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 driving the hype across the US election, and affords 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 after they be part of the mission. MAGATRON at the moment boasts a 281% annual return for its supporters (stakers), whereas Kamacop affords a shocking 760% annual return.
$DUM holders also can take part in full of life debates and earn rewards primarily based on the chosen candidate’s efficiency.
Prepared for this yr’s elections?
Become involved early by becoming a member of the @Freedum_Fighter elections between MAGATRON and Kamacop 🦅
Forged your vote by taking part within the $DUM presale and utilizing their stake-to-vote system 🗳️
You should definitely comply with this mission, 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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