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The Super Trump price tumbled 3% in the last 24 hours to trade at $0.003957 as of 11:26 p.m. EST on trading volume that fell 2% to $3 million.
Super Trump Price Currently Bearish
The Super Trump price has been on a downward trend since mid-October, after the bulls were unable to sustain the price above the $0.0099 level, according to data from GeckoTerminal. The resistance allowed the price of Super Trump to form a rounding top pattern, which is often bearish.
According to the STRUMP/USD chart analysis on the 1-day timeframe, the lack of upward price movement near the current level implies that STRUMP may need to consolidate further or test lower levels to attract new buyers.
The price is currently below both the 50-day and 200-day SMAs, which indicates a bearish trend. Typically, when the price stays below these moving averages, especially the 200-day, it suggests that the asset is in a long-term downtrend.
The Relative Strength Index (RSI) is currently at 38.92, which is below the neutral 50 level but not yet in the oversold zone (typically below 30). An RSI below 50 indicates bearish momentum, while a value below 30 could signal that the asset is oversold and might be due for a relief bounce.
Further downside is possible unless there’s a significant increase in buying volume or a reversal signal like an oversold RSI or bullish price pattern. In this scenario, the $0.001414 level could be a formidable support zone.
However, with the asset being undervalued, buyers might take charge of the price, which may prompt a bullish trend reversal. In such a case, the $0.006171 (50-day SMA) acts as the next possible resistance level and target.
As the STRUMP price aims for a bullish trend reversal, investors seeking other PolitiFi opportunities might want to consider FreeDum Fighters ($DUM).
It’s a presale meme coin that YouTube channel 99Bitcoins, with over 706k subscribers, says has the potential to soar 100X after launch.
Is FreeDum Fighters The Next Crypto To Explode?
The FreeDum Fighters presale continues to gain traction in the crypto space, having just rocketed past $500K in funds raised.
FreeDum Fighters brings a satirical twist to the US elections, pitting two mechanized leaders against each other in the blockchain version of the presidential election.
The candidates are MAGATRON, posing as Donald Trump, and Kamacop 9000, representing Vice President Kamala Harris.
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
In the FreeDum Fighters showdown, crypto investors play an active role rather than merely observing. $DUM holders have multiple ways to back their chosen champion and earn substantial rewards in return.
Early presale contributors can back their choice by staking $DUM with either MAGATRON or Kamacop 9000.
MAGATRON currently boasts a 258% annual return for its supporters (stakers), while Kamacop 9000 offers a dazzling 624% annual return.
Visit the official FreeDum Fighters website to buy $DUM tokens here using ETH, BNB, USDT, USDC, or SOL for $0.00008 each.
Interested investors should buy soon because the price will increase in about 3 days.
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