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Trump AI price has soared over 30.872% in the past week following a 276% surge. overvoltage over the past 24 hours to trade at $0.0006834 as of 7:23 a.m. EST.
Despite the recent surge in TRUMP price, the meme coin is still down over 98% from the all-time high of $0.06387 that it set on October 2, 2024.
Trump’s AI Price Surpasses Technical Barrier
1 hour chart for TRUMP/USD (Source: GeckoTerminal)
Trump AI price has been on a positive streak over the past few hours, posting higher highs and higher lows during this period. This bullish move allowed TRUMP to surpass the resistance level of $0.0006668, which the coin now trying to turn to support. If the crypto closes a one-hour candle above this mark, its price could reach $0.0008015.
On the other hand, Trump AI price moving back below the $0.0006669 level in the next 6 hours could end the bullish momentum of the meme coin. As a result, TRUMP could fall to the later support at $0.0005457. In an extremely bearish case, the price of the meme coin could end up plunging as low as $0.0003774.
Trump AI price could pull back as it loses some of its bullish strength
From a technical perspective, indicators on TRUMP’s hourly chart warn of an upcoming correction. The Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) indicators are starting to show worrying signs.
Over the past few hours, RSI readings have moved from the low 90s to the mid 70s. Given the negative slope of the RSI line and the recent decline in the indicator’s value, traders could start to realize their gains and liquidate their positions on the market. coin.
TRUMP’s positive momentum also appears to be running out of steam, with the MACD line starting to decline towards the MACD Signal line. If the MACD line crosses below the MACD signal line, it may indicate a bearish change in the crypto’s momentum.
If these two technical warnings influence traders’ opinion on Trump AI price, the meme coin could soon fall to the $0.0005457 support level.
As Trump AI price loses some of its bullish technical strength, traders are flocking to its political rival. FreeDum Fighters (DUM), who raised over $232,000 in just four days since its launch.
A light-hearted view of the upcoming US presidential election
As the US presidential election approaches, members of the crypto community are keeping their eyes glued to decentralized betting platforms such as Polymarket in an attempt to determine who will take the White House.
Pro-crypto candidate Donald Trump is currently the frontrunner, but the odds may still tilt in favor of Democrat and current Vice President Kamala Harris.
While investors wait to hear the highly anticipated outcome, they can look to FreeDum Fighters (DUM) for a lighter view of the election. Investors can also benefit from attractive rewards.
The project offers an innovative gamified staking program. With each pre-sale purchase, investors are invited to vote/stake their tokens for one of the candidates. In one corner is Magatron, representing Trump and offering an annual staking reward of 461.14%. On the other side is Kamacop, which represents Harris and offers investors a whopping 1,841.62% annual return.
Popular YouTuber Jacob Bury told his more than 43,000 subscribers in a recent video that the young political coin had the potential to increase 10 times after its launch.
Sold at $0.00005 per token, DUM can be purchased with ETH, BNB, BASE, SOL, USDT, or USDC using the simple buy widget embedded on the project’s website. Once purchased, tokens can then be used via the staking/voting page.
You know how Kamala spent $270 million in September?
This is why its staking rewards are much higher than MAGATRON 👀🤑 pic.twitter.com/Nawb1h8f9a
– FreeDum Fighters (@Freedum_Fighter) October 21, 2024
Buy before a price increase in about 2 days to get the best deal.
Buy and stake DUM here.
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