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The Super Trump price has soared 28% in the last 24 hours to trade at $0.01912 as of 8:41 p.m. EST on a 12% surge in trading volume to $8.7 million.
STRUMP has also surged 409% in the past week, according to GeckoTerminal, increasing its market capitalization to $45 million.
We keep getting listed 🥹17th pair 💪🏻
Big 🐳 coming next week #binance #coinbase
While all market down $STRUMP up28% 🚀
Just load your bag weekly 😉💰 pic.twitter.com/hGSv4ceeWp— Super TRUMP 🚀 (@anyoneofyouall) June 1, 2024
The Super Trump coin is a pioneering cryptocurrency that uses blockchain technology to honour the political legacy of Donald Trump, the 45th President of the United States, and the first former president to be a convicted felon.
Super Trump Price Bulls Faces Rejection
The STRUMP price is encountering resistance and forming a double-top pattern, signaling a potential shift to a bearish trend. This pattern could help the bears push the price down into a corrective phase to the major support level(neckline).
STRUMPUSD Analysis. Source: Dextools.io
Despite the dip caused by the bears, the bulls are showing resilience, bouncing back from the $0.01120 support level. However, they’re facing resistance around $0.02407, allowing the bears to push the price down.
Technical indicators are looking bullish. The price currently trades above the 21 and 50 Simple Moving Average (SMA), supporting the upward trend and boosting market sentiment. This allows the bulls to push the price towards the 200 SMA.
Moreover, the MACD has entered bullish territory, with the blue line crossing above the orange line, showing positive momentum. The histogram bars are also positive, adding to the bullish sentiment.
The Relative Strength Index (RSI) indicates indecisiveness in the STRUMP market, hovering around the neutral level of 50, suggesting neither the bulls nor the bears are in control. Similarly, the Awesome Oscillator (AO) is flashing green but remains in negative territory, reinforcing this uncertainty.
Super Trump Price Bulls Could Bounce On The 21 SMA
The bulls are considering a bounce back on the 21 simple moving average, which is acting as immediate support for the price.. Specifically, the Super Trump price needs to close above $0.02407 before the token becomes an attractive buy again.
If this happens, the resulting buying pressure could push the token higher, continuing the upward trend. This could drive the Super Trump price to reclaim the $0.04345 high.
However, if the bears continue to act on the presence of the double bottom pattern, they could force the price down to $0.01509 in the support zone, coinciding with 21 SMA.
A close below this level in the four-hour timeframe could trigger more sell orders, potentially driving the price to the market range’s bottom at $0.01132.
The Next 100X Meme Coin?
As traders figure out their next move for STRUMP, traders are flocking to the multi-chain Dogecoin derivative ICO Dogeverse amid a FOMO frenzy as the token’s launch nears. There is now just one day left before the presale closes.
Prepare for lift off with Cosmo! 🚀
This is your FINAL OPPORTUNITY to join Cosmo on his #Blockchain journey before the big launch! 🌠
Time is running out! ⏰📢 pic.twitter.com/MupVZU9Mb8
— DogeVerse (@The_DogeVerse) May 29, 2024
As the first meme coin to operate across multiple blockchains, Dogeverse creates a unified space for market participants and investors. Spawned by a collapsing supernova, mascot Cosmo the Doge was born with the unique ability to hyperjump between the stars of the crypto universe, enabling him to navigate between different crypto chains easily.
With a snap of his fingers, multi-chain becomes a reality! 🔗#Memecoins #Solana #Ethereum #Crypto #MemeCoinSeason #Marvel #Avengers pic.twitter.com/xI5ysV5HED
— DogeVerse (@The_DogeVerse) May 30, 2024
Crypto YouTuber Jacob Bury is optimistic, predicting that Dogeverse has the potential to surge 10X upon its launch.
Investors in the project can stake their tokens for a 41% annual yield, though only tokens bought with ETH are eligible for staking.
The bumper presale has raised over $15 million, with each DOGEVERSE token priced at $0.00031. There is now just one day left to buy Dogeverse so hurry if you wish to join the project.
Buy DOGEVERSE tokens on the official website here.
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