{"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

MAGA Price Bearish – A Rebound Incoming?<\/h2>\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>\n

\"MAGA
TRUMPUSD Chart Analysis Source: GeckoTerminal.com<\/figcaption><\/figure>\n

However, the TRUMP bulls may use this as a buying signal with the asset now in the undervalued territory. If they succeed in turning the market into a buying spree, the price of MAGA may rebound, targeting a price around the 200-day SMA at $3.04.<\/span><\/p>\n

As the TRUMP price slides, investors might consider diversifying their portfolios with Solana GambleFi project Mega Dice (DICE), which has raised more than $1.8 million in its presale and now has only about 12 days left.<\/span><\/p>\n

According to 99Bitcoins, a popular crypto channel on YouTube with more than 706k subscribers, <\/span>Mega Dice (DICE)<\/span><\/a> has the potential to soar 100X after its launch.<\/span><\/p>\n