{"id":577449,"date":"2024-09-17T08:05:16","date_gmt":"2024-09-17T08:05:16","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=577449"},"modified":"2024-09-17T08:05:16","modified_gmt":"2024-09-17T08:05:16","slug":"maga-price-prediction-trump-plunges-9-after-world-liberty-financial-unveils-wlfi-token-plan-and-traders-flock-to-this-solana-ico-with-time-running-out","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/maga-price-prediction-trump-plunges-9-after-world-liberty-financial-unveils-wlfi-token-plan-and-traders-flock-to-this-solana-ico-with-time-running-out","title":{"rendered":"MAGA Price Prediction: TRUMP Plunges 9% After World Liberty Financial Unveils WLFI Token Plan And Traders Flock To This Solana ICO With Time Running Out"},"content":{"rendered":"
The MAGA price plunged 9% in the last 24 hours <\/span>to trade at $1.97<\/span><\/a> as of 00:40 a.m. EST on trading volume that soared 57% to $5.4 million.<\/span><\/p>\n This comes after Donald Trump helped officially unveil World Liberty Financial (WLFI), his family’s highly-anticipated cryptocurrency project, on Monday night.<\/span><\/p>\n According to GeckoTerminal data, the MAGA price has been on a downtrend, dropping from the $3.52 resistance within the falling channel pattern, according to data from <\/span>GeckoTerminal<\/span><\/a>.<\/span><\/p>\n However, the price of MAGA may have found some support around $1.84, as the price now hurtles towards the upper boundary of the falling channel.<\/span><\/p>\n TRUMP now trades below both the 50-day and 200-day Simple Moving Averages (SMAs) coinciding with the price trading within the falling channel.<\/span><\/p>\n Moreover, the Relative Strength Index (RSI) is trading downwards towards the oversold region, currently at 33, which shows that the asset is under intense selling pressure and is now undervalued.<\/span><\/p>\n If the selling continues, the price of MAGA may drop further below the lower boundary of the falling channel, with $1.5 providing formidable support for the token.<\/span><\/p>\nMAGA Price Bearish – A Rebound Incoming?<\/h2>\n