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The Super Trump price surged 74% in the last 24 hours to trade at $0.003957 as of 11:24 p.m. EST on trading volume that rose 73% to $6.1 million.
This comes as the crypto industry continues to soar after Donald Trump’s landslide US election win, with the Bitcoin price locking in a new all-time high of $89,560 earlier today.
The bull run was triggered by president-elect Trump’s embrace of digital assets and the prospect of a Congress featuring many pro-crypto lawmakers.
Super Trump Price On A Bullish Trend Reversal
From August to September, the Super Trump price was in a consolidation phase, as it traded within the $0.0050 range, according to data from GeckoTerminal. The support then allowed the bulls to push the price of Super Trump up to the $0.010 resistance, which they could not sustain.
As a result, STRUMP price then plunged back to the support, forming a rounding bottom pattern, a bearish trend that resulted in the price of Super Trump plunging to the $0.0020 support. However, STRUMP seems to have invalidated the pattern, as the price bounced from this support.
Meanwhile, the Super Trump price still trades below both the 50-day and 200-day Simple Moving Averages (SMAs) as a result of the downtrend, with the 50-day SMA acting as the immediate resistance at $0.006447.
The Relative Strength Index (RSI) also seems to be rebounding from the 30-oversold region as it heads towards the neutral level, around 41, a sign that buying pressure is building up.
If this interest from investors continues, the price of Super Trump could still soar, with the next possible target at the last resistance level, $0.010.
Conversely, if the bears take charge of the price at this level, the price of Super Trump Coin could plunge back to the $0.0020 support level.
As the STRUMP price aims for a bullish trend reversal, investors seeking other PolitiFi opportunities might want to consider FreeDum Fighters ($DUM), a presale meme coin that YouTube channel 99Bitcoins, with over 706k subscribers, says has the potential to 100X after launch.
FreeDum Fighters Amasses Over $470K In Presale
FreeDum Fighters, which is closing on $500k in presale, is a new satirical blockchain project that combines humor, politics, and gamification to parody the US presidential election.
Buyers are immediately asked to vote for (stake) either MAGATRON, a mechanized version of the president-elect Donald Trump, or Kamacop 9000, representing Vice President Kamala Harris.
MAGATRON offers a huge 267% annual percentage yield (APY) for staked tokens while Kamacop offers a massive 679%.
DUM token holders have voted (staked) overwhelmingly for MAGATRON, giving him a 66% landslide win over Kamacop in voting thus far.
A new presale is here, just got my bags ⚔️@Freedum_Fighter is a satirical, gamified token project inspired by the ongoing U.S. presidential election, offering a humorous take on political events 🇺🇸
They're running a HUGE giveaway, so join in now 👇 https://t.co/RGjC7nsfNa
— Myth (@mythdyor) October 17, 2024
Available on multiple blockchain platforms, including Ethereum (ETH), Binance Smart Chain (BSC), Base, and Solana (SOL), FreeDum Fighters also uses its native $DUM token to let holders participate in weekly debates on social media.
If this looks like a project you cannot miss, visit the official FreeDum Fighters website to buy $DUM for $0.000075 per token using ETH, BNB, USDT, USDC, or SOL.
Act before a price hike in about one day to secure the best deal.
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