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The Trump AI worth has soared greater than 30,872% prior to now week following a 276% surge prior to now 24 hours to commerce at $0.0006834 as of seven:23 a.m. EST.
Regardless of the latest surge within the TRUMP worth, the meme coin continues to be over 98% down from the all-time excessive of $0.06387 that it set on Oct. 2, 2024.
The Trump AI Worth Rises Above A Technical Barrier
1-hour chart for TRUMP/USD (Supply: GeckoTerminal)
The Trump AI worth has been in a optimistic sequence during the last a number of hours, printing larger highs and better lows throughout this era. This bullish transfer has allowed TRUMP to interrupt above the $0.0006668 resistance degree, which the meme coin is now trying to flip into assist. Ought to the crypto shut a 1-hour candle above this mark, its worth may rise to $0.0008015.
Alternatively, the Trump AI worth breaking again beneath the $0.0006669 degree inside the subsequent 6 hours may carry an finish to the meme coin’s bullish momentum. Because of this, TRUMP may fall to the next assist at $0.0005457. In a particularly bearish case, the meme coin’s worth may find yourself plunging to as little as $0.0003774.
Trump AI Worth Would possibly Pullback As It Loses Some Of Its Bullish Energy
From a technical perspective, indicators on TRUMP’s 1-hour chart warn of an upcoming correction. Each the Relative Energy Index (RSI) and the Shifting Common Convergence Divergence (MACD) indicators are beginning to present regarding indicators.
Within the final couple of hours, RSI readings have dropped from the low 90s to the mid 70s. Given the adverse slope of the RSI line and the latest drop within the indicator’s worth, merchants may begin to understand their features and exit their positions within the meme coin.
TRUMP’s optimistic momentum appears to be cooling off as properly, with the MACD line beginning to drop in the direction of the MACD Sign line. If the MACD line breaks beneath the MACD Sign line, it would point out a bearish shift within the crypto’s momentum.Â
Ought to each of those technical warnings affect merchants’ view on the Trump AI worth, the meme coin may quickly drop to the $0.0005457 assist degree.
Because the Trump AI worth loses a few of its bullish technical energy, merchants are flocking to political meme coin rival FreeDum Fighters (DUM), which has raised greater than $232K in simply 4 days since its launch.
A Lighthearted Take On The Upcoming US Presidential Election
With the US presidential election across the nook, crypto neighborhood members are preserving their eyes glued to decentralized betting platforms corresponding to Polymarket to attempt to gauge who will take the White Home.
Professional-crypto candidate Donald Trump is presently the favourite, however odds can nonetheless sway in favor of Democrat and present Vice President Kamala Harris.
Whereas buyers wait to seek out out the highly-anticipated final result, they’ll flip to FreeDum Fighters (DUM) for a extra lighthearted tackle the elections. Buyers additionally stand to earn some engaging rewards as properly.
The challenge gives an progressive gamified staking program. With every presale buy, buyers are prompted to vote/stake their tokens for one of many candidates. In a single nook is Magatron, representing Trump and providing an annual staking reward of 461.14%. Within the different nook is Kamacop, representing Harris and providing buyers an enormous 1,841.62% annual return.
In style YouTuber Jacob Bury informed his greater than 43K subscribers in a latest video that the younger political meme coin has the potential to surge 10X after its launch.Â
Promoting for $0.00005 per token, DUM will be bought with both ETH, BNB, BASE, SOL, USDT or USDC utilizing the straightforward purchase widget embedded on the challenge’s web site. As soon as bought, the tokens can then be put to work through the staking/voting web page.Â
You know the way Kamala spent $270 million in September?
That is why her staking rewards are a lot larger than MAGATRON 👀🤑 pic.twitter.com/Nawb1h8f9a
— FreeDum Fighters (@Freedum_Fighter) October 21, 2024
Purchase earlier than a worth hike in about 2 days to lock in the very best deal.
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- Staking Rewards – pepeunchained.com
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