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The Doland Tremp price surged 49% in the last 24 hours to trade at $0.4200 as of 04:05 a.m. EST on trading volume that skyrocketed 132% to $15.6 million.
This comes as Trump’s election odds on Polymarket reach 66.3%, with Kamala Harris lagging behind at 33.7%. The US election is now 7 days away.
Doland Tremp Price To Continue Soaring
The Doland Tremp price soared in October as the bulls capitalized on the $0.16 support level, according to data from GeckoTerminal. However, the $0.40 resistance allowed the price of Doland Tremp to trade within a sideways pattern, as the bulls aimed for a breakout above.
A slight retrace to the $0.25 support zone and back to the resistance level formed a rounding bottom pattern, which allowed the follow-through above the upper boundary to the current price.
TREMP now trades above both the 50-day and 200-day Simple Moving Averages (SMAs), which is a confirmation of the upward trajectory.
Meanwhile, the Relative Strength Index (RSI) is soaring past the 70-overbought region, currently at 71, which is a sign that the asset is under intense buying pressure, but could be overvalued.
The Moving Average Convergence Divergence (MACD) also supports the bullish sentiment, as the blue MACD line crosses above the orange signal line, which forms a bullish crossover. The green bars on the histogram are also rising above the neutral line, which is an indication that the Doland Tremp price is on positive momentum.
If this momentum continues, the price of Doland Tremp could soar, as the bulls aim to propel the asset to as high as $0.550.
The RSI now shows that the Doland Tremp price is overvalued, which may be a sign for the bears to start selling. In such a scenario, the Doland Tremp price could plunge back to the $0.30 support level.
Investors looking for other PolitiFi tokens to play amid the hype around the US election next week might investigate FreeDum Fighters ($DUM), a new meme coin presale that’s raised over $339k in just 11 days.
According to crypto influencer Jacob Bury, who has more than 43,000 YouTube followers, $DUM has the potential for a 10X surge.
Is FreeDum Fighters The Next Crypto To Explode?
FreeDum Fighters ($DUM) brings a satirical spin to American politics, inviting users to join a fictional US election battle between candidates MAGATRON and Kamacop 9000, representing mechanized versions of Donald Trump and Kamala Harris.
The platform aims to offer a fun, gamified way to engage with the election season.
Ready for this year's elections?
Get involved early by joining the @Freedum_Fighter elections between MAGATRON and Kamacop 🦅
Cast your vote by participating in the $DUM presale and using their stake-to-vote system 🗳️
Be sure to follow this project, you will not regret it.🔥🔥 pic.twitter.com/j452Rht1Lq
— Red (@Redlion35) October 17, 2024
$DUM holders can buy and stake tokens in support of their favorite candidate, participate in lively debates and earn rewards based on the chosen candidate’s performance. Community involvement is encouraged, with debates and social media activity rewarded by additional $DUM tokens.
MAGATRON currently boasts a 320% annual return for its supporters (stakers), while Kamacop 9000 offers a dazzling 1,233% annual return.
With $DUM Debates coming soon, we're ready to send out those stimulus checks (airdrops) to the winners 💸 https://t.co/VOC1XegKcq
— FreeDum Fighters (@Freedum_Fighter) October 28, 2024
You can invest in this project by visiting the FreeDum Fighters website to buy $DUM tokens for $0.00006 each using ETH, BNB, USDT, USDC, or SOL.
Buy before a price hike in about 3 days to lock in the best deal.
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