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The MAGA worth has plummeted 23% within the final 24 hours to trade at $4.03 as of 7:35 p.m. EST on a 17% drop in buying and selling quantity to $18 million.
This decline coincided with Detroit, Michigan-born rapper Lizzo publicly displaying her help for Kamala Harris throughout a rally in Detroit. Lizzo talked about that she had voted early and urged the gang to do the identical, describing early voting as “an influence transfer.”
JUST IN: @lizzo Rallies Detroit for Kamala Harris, Declares “It is About Rattling Time” for a Girl President, Says Harris Will Make America “Proud and Resilient Like Detroit,” Urges Michigan Voters to “Put Some Respect on Detroit’s Title” and Make Their Voices Heard. WATCH pic.twitter.com/I2BLA9CWl0
— Simon Ateba (@simonateba) October 20, 2024
MAGA Worth Alerts A Bullish Reversal Above The Double Backside Sample
Because the MAGA Trump worth signifies is at the moment buying and selling round $3.99, with a possible double-bottom sample forming close to the $3.95 stage. This double backside is a basic bullish reversal sign, suggesting robust help at this worth. If the worth continues to respect this help, we might see an upward transfer, probably growing right into a parabolic rise, focusing on resistance ranges above $4.50 or greater.
The 50-period SMA (blue) is trending downward at roughly $4.61, and the 200-period SMA (inexperienced) is close to $4.62. If the 50-period SMA crosses above the 200-period SMA, this could be a bullish sign referred to as a “Golden Cross,” which frequently precedes a worth enhance. Such a crossover might propel the worth again in direction of resistance at $4.50 – $4.60.
TRUMPUSD Evaluation Supply: Dextools.io
The MACD reveals that bearish momentum continues to be current, with the MACD line beneath the sign line. Nonetheless, the histogram signifies that the promoting stress is weakening, and if the MACD line crosses the sign line from beneath, it might sign a purchase. Key worth factors to look at for could be if the asset breaks above $4.05, which might verify a shift in momentum.
The RSI is at the moment at 42, slightly below the impartial 50 mark, indicating the asset continues to be in barely bearish territory. Nonetheless, it’s not oversold, which implies there’s room for a possible bounce. If the worth begins to maneuver upward, RSI breaking above 50 might verify elevated shopping for momentum.
If the $3.95 help holds and we see bullish affirmation from indicators, the worth might goal $4.05, $4.50, and probably $4.60. Nonetheless, if the worth breaks beneath $3.95, extra promoting stress may emerge, pushing the asset down towards the $3.80 and even $3.50 vary.
FreeDum Fighters ($DUM) Presale Heads For $200K Raised
Because the MAGA worth dumps, so new political meme coin FreeDum Fighters ($DUM) is pumping in presale with greater than $146K raised.
FreeDum Fighters presents a singular mixture of humor, politics, and gamification together with a satirical tackle the upcoming US presidential election.
FreeDum Fighters brings the last word showdown between two mechanized political figureheads: MAGATRON and Kamacop 9000, which battle for supremacy.
Central to the challenge is a singular staking pool that rewards individuals primarily based on the political candidates they help.
Proper now, the passionately patriotic Magatron presents an an annual staking yield of 655%, whereas the trailblazing feminist Kamacop 9000 boasts an out-of-this world 3,983% APY.
$DUM, the first foreign money for getting into the FreeDum Fighters ecosystem, powers debate rewards and staking. This token permits customers to vote, earn rewards, and interact in numerous actions inside the challenge.
When customers put money into the presale, they’re prompted to vote (stake) their $DUM tokens for one of many candidates.
If their chosen candidate wins a debate or important favorable occasions come up, they may obtain airdropped rewards added to their staked stability. Solely those that have voted (staked) will qualify for these rewards.
🚨 PATRIOTS NEEDED 🚨
Prepared to choose sides within the showdown of the century—MAGATRON vs. Kamacop 9000? 🤖
Right here’s your mission:
🇺🇸 Observe @Freedum_Fighter, like & remark our pinned tweet.
🇺🇸 Put up a tweet which facet you select Magatron or Kamacop, tag associates that you simply assume will… pic.twitter.com/zJ5z7w837J— FreeDum Fighters (@Freedum_Fighter) October 17, 2024
The Vote-to-Earn mannequin incentivizes customers to interact in debates, discussions, and quizzes, permitting them to earn extra rewards the extra they take part. Weekly occasions additionally give customers the possibility to influence the outcomes of mock elections.
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 collaborating within the $DUM presale and utilizing their stake-to-vote system 🗳️.
Do not miss out—be a part of the enjoyable and make your voice heard! pic.twitter.com/l44HZKgOGG
— Diamond (@Diamondweb_3) October 17, 2024
In accordance with analyst and YouTuber Jacob Bury, with over 43k subscribers, DUM has the potential to surge 10X when it launches.
As well as, the challenge is internet hosting a giveaway for 5 fortunate winners who will every obtain 1K USDT just by partaking with its social media channels.
To take part, you should purchase $DUM tokens at $0.00005 utilizing ETH, BNB, USDT, USDC, or SOL.
Buy $DUM on the official website here.
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