Super Trump Price Prediction: STRUMP Soars 9% In A Week As This Dogecoin Derivative Blasts Past $4 Million Raised

The Super Trump price is up more than 9% in the last week despite climbing 2% in the past 24 hours to trade at $0.01924 as of 12:05 a.m. EST.

The STRUMP price has gone ballistic over 30 days with a 305% pump.

The Super Trump Price Is Clinging To Critical Support

4-hour chart for STRUMP/USD (Source: GeckoTerminal)

The Super Trump price has been in a consolidation phase between $0.01796 and $0.02805 for the past few days. It is now testing the $0.01796 support as traders start to exert sell pressure on the meme coin. 

Should STRUMP break below this key support level within the next 12 hours, it will be exposed to the risk of potentially dropping to the next crucial mark at $0.01144.

This bearish thesis might be invalidated if the Super Trump price manages to maintain a position above $0.017976 for the next 12 hours. In this alternative scenario, the crypto will likely continue to oscillate within its sideways channel. 

Bulls could also look to enter STRUMP’s charts during this period, which might lead to a retest of the $0.02805 resistance. With enough backing from buyers, the Super Trump price could clear this obstacle to flip it into support. 

Thereafter, the Super Trump price might have the foundation needed to rise to a new all-time high in the short term.

Technicals Warn The Super Trump Price Might Keep Dropping

Technical indicators on STRUMP’s 4-hour chart suggest the Super Trump price might continue to drop in the coming 24 hours. Both the Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD) are showing bearish signs.

Sellers currently have the upper hand against buyers as well, as signaled by the RSI value that is below 50. This technical indicator is also sloped negatively, which warns that bears are growing more dominant against bulls.

Meanwhile, the MACD line is positioned below the MACD Signal line. Traders usually see this as a sign that a crypto is in a bearish phase. STRUMP’s negative momentum also shows no signs of slowing down just yet, as evident by the MACD line that is breaking away below the MACD Signal line.

If these technical flags are validated, the Super Trump price could lose the $0.01796 support soon. Traders might then enter into a short position for the meme coin, which could pull its price down to the subsequent technical crutch at $0.01144.

With the Super Trump price desperately trying to hold on to the $0.01796 support, traders might consider turning to PlayDoge (PLAY) for potential 10X gains.

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PlayDoge will also have support for mobile technology, meaning that players can interact with their digital characters on the go.

Investors Bet Big On The New Dogecoin Derivative

PlayDoge’s ICO is off to a roaring start, with the token raising over $4 million in just the first two weeks of its presale going live. Analysts are bullish on the meme coin as well.

Renowned crypto YouTuber Jacob Bury explored the crypto’s potential in a video and said it could produce up to 100X returns.

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Investors will want to hurry through because the token’s price is scheduled to increase in a little more than a day.

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