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The MAGA price pumped over 10% in the last 24 hours to trade at $8.99 as of 7:45 a.m. EST as investors rush to accumulate the political meme coin.
This recent gain by the TRUMP price comes as US President Joe Biden and former President Donald Trump prepare to participate in the first presidential election debate of 2024 today at 9 p.m. EST.
The MAGA Price Might Undergo A Strong Move Soon
4-hour chart for TRUMP/USD (Source: GeckoTerminal)
A symmetrical triangle has formed on the 4-hour chart for the MAGA price. This specific chart pattern suggests the meme coin might enter a strong move soon. Although the symmetrical triangle gives no clear indication of which direction the crypto’s price might move in, TRUMP has recently broken above the upper boundary of the chart pattern, which could be a bullish sign.
Should the MAGA price close a 4-hour candle above the chart pattern within the next 8 hours, it might have the foundation needed to attempt a challenge at the $10.3955 resistance level. Overcoming this barrier could then clear a path for the meme coin to potentially rise to as high as $12.6942 in the short term.
On the other hand, TRUMP failing to close a 4-hour candle above the symmetrical triangle pattern within the next 8 hours could invalidate the bullish thesis. Bears might then decide to exert sell pressure on the MAGA price, which could lead to it losing the $8.1967 support. Thereafter, the meme coin’s price might be at risk of falling to as low as $6.3977.
Technicals Suggest The MAGA Price Could Keep Climbing
Technical indicators on TRUMP’s 4-hour chart suggest bulls are growing stronger against bears. Most notably, the Relative Strength Index (RSI) line is positively sloped above 50. This signals that the MAGA price is showing bullish strength, which is intensifying as well.
Meanwhile, the Moving Average Convergence Divergence (MACD) line crossed above the MACD Signal line in the last few hours. Traders usually see this as a sign that a crypto has entered a short-term bullish cycle. The MACD line is also starting to break away above the MACD Signal line, which could indicate TRUMP’s positive momentum is gaining steam.
While bullish signs start to emerge on TRUMP’s charts, investors are flocking to AI meme coin WienerAI (WAI) for potential parabolic gains.
Navigate The Volatile Crypto Markets With Cutting-Edge AI Technology
WienerAI (WAI) is one of the latest dog-themed cryptos to enter the burgeoning meme coin space, but behind its cute mascot is some very sophisticated technology in the form of a trading bot assistant.
Fine-tuned to trade the crypto markets, WienerAI’s trading bot aims to become a loyal companion for crypto traders and investors.
Utilizing this advanced technology is simple, given the project’s easy-to-use user interface. This enables investors and traders to make more informed decisions in the volatile crypto market without having to first learn how to interact with the AI technology.
In the backend, these computer models are constantly taking in heaps of data and can almost instantaneously generate decisions.
In addition to its powerful AI models, WienerAI also offers token holders access to a seamless token swap solution, as well as MEV protection. This not only allows crypto investors to capitalize on golden swap opportunities as soon as they appear, but also ensures investors are never frontrun by MEV bots again.
All of these features are open to anyone in the market, with WienerAI’s team opting to go with a zero fee usage structure.
With everything that WienerAI has to offer, combined with its appeal to meme coin and AI crypto investors, it makes sense that ClayBro told his 130,000 YouTube subscribers that WAI could be a 10x opportunity.
Investors Bet Big On WAI During Its ICO
More than $6.5 million has already been sent to WAI’s ongoing ICO. This investor frenzy is likely to continue, not least because of the attractive staking opportunity offered to buyers at this early stage.
And anyone who purchases WAI now will gain access to a 175% APY for staking their tokens.
More than just a bot–WienerAI is your ultimate crypto trading companion.
We're delighted to share some sneak peeks with our incredible and supportive community. (1/4) pic.twitter.com/kR8ypeJycj
— WienerAI (@WienerDogAI) June 11, 2024
To unlock these substantial rewards, investors can utilize the simple buy widget embedded on the project’s official website. The AI meme coin is currently selling for $0.000722, and can be bought using either Ethereum (ETH), Tether (USDT), Binance Coin (BNB) or bank card.
Potential buyers should hurry because a price rise is coming in about four hours.
Purchase and stake WAI here for up to 175% in annual rewards.
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