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The Maga price has surged 16% in the last 24 hours to trade at $0.00006773 as of 7:15 a.m. EST on a 12% pump in trading volume to $14 million.
Maga Price Continues The Uptrend Within A Bullish Channel
The MAGA/USDT trading pair chart on the 1-hour timeframe indicates a bullish outlook. The price trades within a well-defined bullish channel, marked by higher highs and higher lows, indicating a short-term uptrend. The boundaries of this channel act as dynamic support and resistance levels, guiding the price movement upward. A horizontal support zone, located around $0.00006355, further reinforces the lower boundary of the bullish channel and serves as a strong base for potential upward momentum.
The 50-period moving average (blue) is positioned above the 200-period moving average (green), confirming a bullish crossover, a signal of sustained upward momentum. Both moving averages are trending upward, supporting the price action. As indicated by the green arrow, the target price is near $0.00008500, aligning with the upper boundary of the bullish channel and key resistance levels.
MAGAUSD Analysis Source: Dextools.io
Momentum indicators add to the positive sentiment. The MACD line (blue) is above the signal line (orange), and both are in positive territory, suggesting bullish momentum. However, the histogram slightly weakens, indicating traders should watch for potential consolidation.
Meanwhile, the RSI sits at 58.15, below the overbought threshold of 70, suggesting there is still room for further upward movement before the price becomes overextended.
If the price is above the support level and the trade continues within the bullish channel, the target price could be tested at $0.00008500. A breakout above this level would confirm strong buying pressure. Conversely, a breakdown below the support zone and the channel’s lower boundary could invalidate the uptrend, potentially leading the price to retest the next support level near $0.00005957 (200-period MA).
Final Call: Buy FreeDum Fighters Now – Presale Ends In 15 days
As the Maga price maintains its bullish momentum, investors are turning their attention to a new PolitiFi meme coin called FreeDum Fighters (DUM), which has surged past $614K in funds raised in presale.
Analyst and YouTuber Jacob Bury, who boasts over 44.5K subscribers, predicts that DUM has the potential to achieve a 10X surge after launch.
FreeDum Fighters is moving into a new phase after MAGATRON, representing Donald Trump, trounced Kamacop 9000, aka Kamala Harris, in the blockchain’s version of the presidential election.
Now that’s over, FreeDum Fighters’ mission is to help MAGATRON in its quest. True to its satirical mission, its brings Dogecoin and Elon Musk – aka Dark Maga – into its political fold, outshining Kamala Harris’s crew of Pepe and Sleepy Joe.
The Presale is coming to an end…
But there is still time to get $DUM! pic.twitter.com/E3c0pAKj8E
— FreeDum Fighters (@Freedum_Fighter) November 21, 2024
Investors backing the MAGATRON team can earn a hefty 248% annual staking yield, while those backing Harris’s LibDum party get to earn a whopping 396% annually.
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 (@_Redweb3) October 17, 2024
The project supports Ethereum (ETH), Binance Smart Chain (BSC), Base, and Solana (SOL), ensuring wide accessibility for users. Token holders can also participate in lively weekly political debates, adding a community-driven element to the ecosystem.
Investors can buy DUM tokens for $0.00009 each using ETH, BNB, USDT, USDC, or SOL.
With a price hike coming in less than 3 days, don’t wait too long to lock in the lowest available price.
Purchase DUM from its official website here.
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