{"id":586149,"date":"2024-10-11T08:30:23","date_gmt":"2024-10-11T08:30:23","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=586149"},"modified":"2024-10-11T08:30:23","modified_gmt":"2024-10-11T08:30:23","slug":"is-it-too-late-to-buy-trump-maga-price-pumps-13-and-this-might-be-the-next-crypto-to-explode","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/is-it-too-late-to-buy-trump-maga-price-pumps-13-and-this-might-be-the-next-crypto-to-explode","title":{"rendered":"Is It Too Late To Buy TRUMP? MAGA Price Pumps 13% And This Might Be The Next Crypto To Explode"},"content":{"rendered":"

The MAGA price surged 13% in the last 24 hours <\/span>to trade at $4.67<\/span><\/a> as of 00:31 a.m. EST even as trading volume tumbled 7% to $12.7 million.<\/span><\/p>\n

MAGA Price Indicators Support A Continued Bullish Rally<\/h2>\n

According to data from <\/span>GeckoTerminal<\/span><\/a>, the MAGA price has been trending upward since late September, transitioning from a period of consolidation within the $3 range.<\/span><\/p>\n

The chart shows a bullish flag or pennant pattern (consolidation after a strong move up). These are generally continuation patterns, meaning a breakout to the upside is often expected after such a formation.<\/span><\/p>\n

TRUMP now trades above both the 50-day and 200-day Simple Moving Averages (SMAs), which is a confirmation of the uptrend.<\/span><\/p>\n

The Relative Strength Index (RSI) stands at 58.28, which is in neutral territory but leaning towards bullish. It suggests there’s still room for the price to move higher before reaching overbought levels.<\/span><\/p>\n

This level indicates that the market isn’t overextended yet and could support a further rally if the price breaks out of the pennant. If the bullish rally continues, the price of MAGA could soar to the projected 25% increase, targeting the $6.0 resistance.<\/span><\/p>\n

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

Conversely, if the bears take control of the price, TRUMP could plunge slightly to the support around $3.0, which now acts as a strong cushion against downward pressure.<\/span><\/p>\n

Meanwhile, investors are rushing to buy a new meme coin casino project called<\/span> Memebet Casino (MEMEBET Token)<\/span><\/a> as it closes on $500K in funds raised in its presale. <\/span><\/p>\n

YouTube channel Cryptonews, with over 10k subscribers, says that $MEMEBET Token could see a 100x pump after launch.<\/span><\/p>\n