MAGA price surged by 74% in the past 24 hours and is currently trading at $0.0001457. According to GeckoTerminal data, trading volume surged by 98% to $48 million.
MAGA price bull run returns
MAGA price has rebounded after falling from its all-time high of $0.0001818. The bulls have established a solid support area at $0.00003516, allowing them to regroup and push upwards. The rebound has created upward momentum that has pushed the price towards the resistance level.
MAGAUSDT analysis. Source: Dextools.io
Currently, the 50 and 21-day simple moving averages (SMAs) are below the price, suggesting that MAGA could rise. If the price continues to gain momentum, it could break above the 200-day SMA, confirming the overall positive trend.
Although the relative strength index (RSI) recently dropped to 54, it quickly rebounded, rising to 67, close to the overbought region. With continued momentum, the RSI may soon enter the overbought region.
MAGA Price Bull Run May Face Resistance
MAGA price bulls are ready to push the price higher with the goal of breaking the all-time high. If they maintain the momentum, they might push the price to $0.0001818 in the coming weeks.
However, there is a possibility that the price could form a double top at this level, which would indicate a possible bear reversal. If this happens, the bears could take control and drive the price lower, potentially forcing the bulls to retreat back to the $0.00009423.61 support area.
Is MegaDice the next 100x gaming crypto?
While investors are extremely optimistic about MAGA’s price prospects, they are equally bullish about the presale of Solana GameFi’s project Mega Dice (DICE), which has already raised over $1.2 million.
Mega Dice utilizes cryptocurrency and cutting-edge technology to make the online casino experience smoother and more secure. By integrating cryptocurrency, the platform ensures faster transactions and lower fees without the need for cumbersome downloads.
The platform already has over 50,000 players and processes over $50 million in bets per month. It also offers over 4,000 games and many sports and esports betting options.
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The project is the first GameFi project on the Solana blockchain and aims to challenge the giant in the casino sector, Rollbit Coin.
Investors can benefit through a novel staking system where DICE is the only GameFi token that distributes a profit share to its users on a daily basis.
You can also join the DICE Season 2 airdrop and get your share of the $750,000 prize pool. Simply stake $5,000 or more between May 15 and June 28 to qualify.
According to the 99Bitcoins YouTube channel, which has over 700,000 subscribers, DICE could grow 100 times after its launch.
If you want to participate in the pre-sale, you can buy $DICE at the official website for $0.075 per token. You will also receive a profit of 10% for the purchases made by the investors you recommend.
Buy DICE on BNB, ETH, or SOL.
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“Did you miss the chance to buy MAGA? MAGA price surged 74%, this could be the next cryptocurrency to surge”
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