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The Super Trump price surged 17% in the last 24 hours and 33% in a week to trade at $0.007018 as of 09:14 p.m. EST on trading volume that rose 19% to $966K.
This comes after Robert F. Kennedy Jr. suspended his independent presidential campaign and endorsed Donald Trump, a move that could boost the former president’s chances in November’s election.
UNITE AMERICA.#RFKJr #trump pic.twitter.com/f5NXgxdRJs
— Robert F. Kennedy Jr (@RobertKennedyJr) August 24, 2024
According to Kennedy, his internal polls showed that his bid for the presidential seat would hurt Trump and help Democratic nominee Kamala Harris.
Meanwhile, the odds for Trump clinching the seat have increased to 50%, as Harris remains at 49%, according to Polymarket.
A win for Trump would mean a win for the cryptocurrency industry he has vowed to support if he is president again. Harris’s views on crypto remain unknown.
Super Trump Price Aims For A Continued Rally
Since July 27, the Super Trump price has been on a downtrend, as the bears took control of the price at the $0.0125 resistance zone.
However, the bulls were able to slightly reverse the trend around the $0.0040 support but encountered some resistance at the $0.0069 resistance level.
The price movements within this level have formed a double-bottom pattern, which signals the beginning of an uptrend.
STRUMP Price Analysis (Source: GeckoTerminal)
The price of Super Trump has now surpassed the 50-day Simple Moving Average (SMA), confirming the uptrend. If this momentum continues, STRUMP could breach the immediate resistance at $0.00723 at the 200-day SMA.
Furthermore, the Relative Strength Index (RSI) supports the bullish rally, as it is currently at 73 and moving within the overbought region.
The Moving Average Divergence Convergence (MACD) line (blue) crosses above the signal line (orange), which indicates a buying signal. The green bars rising above the zero line show that STRUMP currently has positive momentum.
Super Trump Price Prediction
Based on the Super Trump price analysis, the token is currently in a bullish rally. The bulls aim to sustain the rally by capitalizing on the double bottom pattern, targeting $0.01, a 43% increase from the current price.
Conversely, the RSI shows that STRUMP is currently overbought and may be due for a pullback. In this scenario, the price of Super Trump could go through a correction, with the 50-day SMA acting as the immediate support level at $0.0053.
Meanwhile, as investors propel the STRUMP price higher, so they are also piling into a new PEPE alternative called Pepe Unchained (PEPU).
99Bitcoins, a crypto YouTube channel with over 706,000 subscribers, says PEPU has the potential to surge 100X after its launch.
The Pepe Unchained Presale Amasses Over $10.2 Million
Pepe Unchained has continued to gain traction in the meme coin space, having blasted past the $10.2 million milestone just two months after its presale debut.
The massive influx of funds in a short period shows that many investors are betting on Pepe Unchained being a new meme coin anchor, relying on its promise to make Pepe ownership faster and cheaper with its proprietary blockchain.
Who needs some Brain Powder?
Pepe is gearing up for the official launch of his very own blockchain! 🚀 pic.twitter.com/kZC72UmxFy
— Pepe Unchained (@pepe_unchained) June 20, 2024
As the name suggests, Pepe Unchained frees PEPE from his old, clunky Layer-1 server room on Ethereum and will run on its own proprietary Ethereum Layer-2 blockchain.
Token holders can earn passively by simply buying and staking PEPU for 195% in annual rewards.
PEPU tokens are currently priced at $0.0092734 each. Buy now to lock in the best deal because the price will increase in less than two days.
Purchase $PEPU from the official website here using ETH, USDT, or a bank card.
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