{"id":562234,"date":"2024-08-08T09:52:47","date_gmt":"2024-08-08T09:52:47","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=562234"},"modified":"2024-08-08T07:45:47","modified_gmt":"2024-08-08T07:45:47","slug":"the-super-trump-coin-price-plunges-7-in-a-week-as-kamala-harris-election-victory-odds-surge-and-this-olympics-ico-races-towards-1-million","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/the-super-trump-coin-price-plunges-7-in-a-week-as-kamala-harris-election-victory-odds-surge-and-this-olympics-ico-races-towards-1-million","title":{"rendered":"The Super Trump Coin Price Plunges 7% In A Week As Kamala Harris Election Victory Odds Surge And This Olympics ICO Races Towards $1 Million"},"content":{"rendered":"

The Super Trump Coin price plunged 7% in a week after climbing a fraction in the last 24 hours <\/span>to trade at $0.005758<\/span><\/a> as of 00:45 a.m. EST on trading volume that plunged 79% to $968K.<\/span><\/p>\n

This comes as Polymarket bettors push the odds of Kamala Harris winning the November election to 49% in a dead heat with Donald Trump, whose chances of winning have slumped from around 70% in mid-July.<\/span><\/p>\n

In the meantime, Harris’ team has started reaching out to the crypto industry, with crypto becoming a key part of the election discussions over the past few months.<\/span><\/p>\n

Super Trump Coin Price Gears Up For A Bullish Rally<\/h2>\n

The Super Trump Coin price has been on a downtrend in the last two weeks, dropping from $0.0159 along the falling channel pattern to the $0.0041 support, according to data from <\/span>GeckoTerminal<\/span><\/a>.<\/span><\/p>\n

The support within the lower boundary of the channel has allowed the bulls to stage a bullish trend reversal, with the price of the Super Trump Coin now trading within the upper boundary of the channel.<\/span><\/p>\n

Moreover, the Relative Strength Index (RSI) is rising from the oversold region, currently at 51 and climbing, a signal that the asset is under intense buying pressure.<\/span><\/p>\n

The Moving Average Convergence Divergence (MACD) is also trading up as it breaches the neutral line, an indication that the asset is on an uptrend.<\/span><\/p>\n

\"Super
Super Trump Coin Price Chart Analysis Source: GeckoTerminal.com<\/figcaption><\/figure>\n

According to the major indicators, including the RSI and MACD, the STRUMP price is on a bullish trend, as it aims to rise above the falling channel pattern. If the bulls succeed in pushing the token, STRUMP could soar over the channel, as investors target $0.015.<\/span><\/p>\n

However, the Super Trump Coin price still trades below both the 50-day and 200-day Simple Moving Averages (SMAs). This is a signal that the bears could exert pressure on the price. In this scenario, STRUMP could retrace back to the $0.002146 support level.<\/span><\/p>\n

Meanwhile, as the Super Trump Coin price dumps, so investors are pumping funds into the new Olympics-themed token <\/span>The Meme Games (MGMES)<\/span><\/a>, which has raced past $346K in funds raised in its presale.<\/span><\/p>\n

According to the 99Bitcoins YouTube channel, with over 706k subscribers, The Meme Games project could soar 100X after its launch.<\/span><\/p>\n