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The MAGA Hat price surged 6% in the last 24 hours to trade at $0.0001545 as of 05:00 a.m. EST on trading volume that plunged 12% to $11.5 million.
MAGA Hat Price Poised For A Bullish Trend Reversal
The MAGA Hat price has been on a downtrend from the $0.0001958 resistance zone, as the $0.0001372 support allowed MAGA to trade within a descending triangle pattern, according to data from GeckoTerminal.
The recent downtrend allowed the price to trade just below the 50-day Simple Moving Average (SMA) but remains above the 200-day SMA, which shows that the price could still soar.
Moreover, the Relative Strength Index (RSI) is trading up above the 50-midline level as it moves up, indicating that MAGA is currently gaining momentum.
The Moving Average Convergence Divergence also supports the bullish outlook, as the blue MACD line crosses above the orange signal line, representing a bullish crossover. The green bars on the histogram are also beginning to form, which may indicate that MAGA is on a positive trajectory.
If the bulls can stage a bullish trend reversal, MAGA Hat price could surge, as they target $0.000220.
However, if the MAGA price drops , the 200-day SMA at $0.0001249 acts as the immediate support zone.
Meanwhile, investors seeking opportunities in the PolitiFi segment of the crypto market might want to consider FreeDum Fighters ($DUM), a new project that has blasted past $271k in funds raised in about a week since its launch.
According to analyst and YouTuber Jacob Bury, with over 43k subscribers, DUM can potentially surge 10X when it launches.
FreeDum Fighters Raises Races Toward $300K In Presale
FreeDum Fighters is a novel meme coin project that takes a satirical approach to the US election and features an ultimate showdown between fictional presidential candidates MAGATRON and Kamacop 9000.
MAGATRON, whose name is derived from the “Make America Great Again” acronym, is inspired by Donald Trump. Kamacop 9000 stands in for Kamala Harris and is described as an advocate for social justice and a trailblazing feminist.
🚨 PATRIOTS NEEDED 🚨
Ready to pick sides in the showdown of the century—MAGATRON vs. Kamacop 9000? 🤖
Here’s your mission:
🇺🇸 Follow @Freedum_Fighter, like & comment our pinned tweet.
🇺🇸 Post a tweet which side you choose Magatron or Kamacop, tag friends that you think will… pic.twitter.com/zJ5z7w837J— FreeDum Fighters (@Freedum_Fighter) October 17, 2024
Right now, voting (staking) for the passionately patriotic Magatron offers an annual yield of 389%, while the trailblazing feminist Kamacop 9000 boasts a stratospheric 1,548% return.
That’s because 73% of token holders voted (staked) for Magatron and only 27% for Kamacop.
The project will stage a virtual debate between these two candidates on social media every week, allowing others to participate in the discussions.
Token holders can participate in lively community debates, crafting persuasive arguments for one candidate or the other.
The winners are rewarded with airdrops, transforming political involvement into real profits. As a $DUM holder, you can back both sides, observing the ever-changing dynamics of the battle.
If your chosen candidate wins a debate or significant favorable events arise, you will receive airdropped rewards added to your staked balance. Only those who have voted (staked) will qualify for these rewards.
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
Visit the official FreeDum Fighters website to buy $DUM tokens here using ETH, BNB, USDT, USDC, or SOL for $0.000055 each.
Buy before a price hike in about 3 days for the best deal.
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