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MAGA price has plunged 23% in the past 24 hours and is currently trading at $4.03, with trading volume down 17% to just $18 million as of 7:35 PM EST.
The drop coincided with Lizzo, a rapper from Detroit, Michigan, speaking out in support of Kamala Harris at a rally in Detroit. Lizzo mentioned that she had voted early and urged the crowd to do the same, calling early voting a "power move."
just:
@lizzo
Campaigning for Kamala Harris in Detroit, claiming it's "time" to have a female president, saying Harris will make America "as proud and as resilient as Detroit," urging Michigan voters to "give Detroit some respect" and make their voices heard. Watch
pic.twitter.com/I2BLA9CWl0
— Simon Ateba (@simonateba)
October 20, 2024
MAGA Price Signals Rising Double Bottom Pattern
Currently MAGA Trump is trading around $3.99 and could be forming a double bottom pattern around the $3.95 level. This double bottom is a classic bullish reversal signal and shows that there is strong support at this price. If the price continues to respect this support, we could see an up move that could potentially develop into a parabolic rise with a target above the $4.50 resistance level.
The 50-period SMA (blue line) is trending down, around $4.61, while the 200-period SMA (green line) is near $4.62. If the 50-period SMA crosses above the 200-period SMA, it would be a bullish signal known as a "golden cross," which usually precedes a price rally. Such a crossover could push prices back toward the $4.50-4.60 resistance level.
TRUMPUSD analysis source: Dextools.io
The MACD shows that bearish momentum is still present, with the MACD line below the signal line. However, the histogram shows that selling pressure is waning, and a buy signal could be given if the MACD line crosses the signal line from below. The key price point to watch is if the asset breaks above $4.05, which would confirm a shift in momentum.
The RSI is currently at 42, just below the neutral 50 point, indicating that the asset is still in slightly bearish territory. However, it is not oversold, which means there is potential for a rebound. If the price starts to rise, an RSI breakout above 50 could confirm an increase in buying momentum.
If the $3.95 support holds and the indicators show bullish confirmation, the price could target levels of $4.05, $4.50, or even higher. However, if the price breaks below $3.95, more selling pressure could emerge, pushing the asset towards the $3.80 or even $3.50 range.
FreeDum Fighters ($DUM) presale raised $200,000
As MAGA prices fall, political meme coin FreeDum Fighters ($DUM) surges in presale, raising over $146,000.
FreeDum Fighters offers a unique mix of humor, politics, gamification, and a satirical look at the upcoming U.S. presidential election.
FreeDum Fighters presents the ultimate showdown between two mechanized politicos: MAGATRON and Kamacop 9000, as they battle for supremacy.
At the heart of the project is a unique staking pool that rewards participants based on the political candidates they support.
Currently, the passionate patriot Magatron offers an annual staking yield of 655%, while the pioneering and innovative feminist Kamacop 9000 has an incredible annualized yield of 3983%.
As the main currency for entering the FreeDum Fighters ecosystem, $DUM is able to vote, earn rewards, and participate in various activities in the project.
When users participate in the presale, they will be asked to vote (stake) their $DUM token for one of the candidates.
If their chosen candidate wins a debate or a major favorable event occurs, they will receive an airdrop reward added to their staked balance. Only those who vote (stake) are eligible to receive these rewards.
Patriots Needed
Ready to choose a side in the battle of the century - MAGATRON or Kamacop 9000?
Here is your task:
focus on
@Freedum_Fighter
, like and comment on our pinned tweets.
Tweet, choose your side Magatron or Kamacop, and tag the person you think will…
pic.twitter.com/zJ5z7w837J
— FreeDum Fighters (@Freedum_Fighter)
October 17, 2024
The vote-to-earn model encourages users to participate in debates, discussions, and quizzes, allowing them to earn more rewards the more they participate. Weekly events also give users the opportunity to influence the outcome of simulated elections.
Are you ready for this year's election?
Get involved early by participating in the MAGATRON and Kamacop elections between @Freedum_Fighter.
Vote by participating in the $DUM presale and using their staking voting system️.
Don't miss out, join this fun event and make your voice heard!
pic.twitter.com/l44HZKgOGG
— Diamond (@Diamondweb_3)
October 17, 2024
According to analyst and YouTuber Jacob Bury, who has over 43,000 subscribers, DUM has the potential to grow 10 times when it launches.
Additionally, the project is hosting a giveaway where five lucky winners will receive $1,000 in USDT simply for interacting with its social media channels.
To participate, you can purchase $DUM token for $0.00005 using ETH, BNB, USDT, USDC, or SOL.
Buy $DUM on the official website.
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