MAGA Price Prediction: Polls Show TRUMP Down 23% As US Election Tightens, But Experts Say This New PolitiFi Token Could Multiply Tenfold.
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The price of MAGA has fallen 23% over the past 24 hours, trading at $2.646 as of 11:05 PM ET, while volume has surged 53% to $15.3 million. CoinGecko.
This comes as opinion polls show the US presidential election to be an extremely tight race between Vice President Kamala Harris and Donald Trump.
Recent polls give Harris a one-point advantage over her Republican opponent, 48% to 47%, but that lead barely covers even the margin of poll error.
Polls showed Harris narrowly ahead, but Trump had a real chance. The battlefield is at a stalemate and anything could tip the scales. With early voting piling up and big stakes at stake, the competition is open to everyone. Get ready for an unpredictable election night. #2024election https://t.co/kVoKrNFbLs
โ Paul โ (@ybarrap) November 2, 2024
MAGA price heading for a bullish trend reversal
As can be seen in the 6-hour TRUMP/USDT chart analysis, from late September to mid-October, MAGA price surged from $1.69 support to $5.44 resistance (dotted line).
The resistance level then allowed the bears to take control of the price. This caused TRUMP price to plummet through a descending channel pattern marked by a green rotating rectangle.
Due to the downtrend, MAGA price is now trading below the 50-day and 200-day simple moving averages (SMAs). The SMA now acts as immediate resistance levels of $3.65 and $3.365, respectively.
The Relative Strength Index (RSI) is currently below the 30 oversold level, which is a sign that the asset is under extreme selling pressure. However, an RSI below 30 indicates that the asset is currently undervalued, which can act as a buy signal for investors.
If the current bearish trend continues, MAGA price may fall to the $2.313 support area.
MAGA/USDT chart analysis (Source: Tradingview)
However, an undervalued RSI could encourage bulls to buy more, which could trigger a bullish trend reversal towards the $5.44 resistance level.
Meanwhile, investors looking for other opportunities in the PolitiFi sector of the cryptocurrency market can take a look at: Freedom Fighters ($DUM)The new project has raised over $410,000 through pre-sales.
With more than 43,000 subscribers, DUM has the potential to skyrocket tenfold upon launch, according to analyst and YouTuber Jacob Bury.
A promising alternative to MAGA
freedom fighters is a new meme coin project that capitalizes on the hype surrounding the US election. The project features a satirical approach to the current political ecosystem with its own blockchain candidates inspired by Trump and Harris.
This project sets the stage for the ultimate showdown between MAGATRON and Kamacop 9000. Named after the acronym for โMake America Great Again,โ MAGATRON was inspired by Donald Trump. Kamacop 9000, or simply Kamacop, is depicted as an advocate for social justice.
๐จ We need patriots ๐จ
Are you ready to choose your side in the fight of the century: MAGATRON vs. Kamacop 9000? ๐ค
Your duties are to:
๐บ๐ธ Follow @Freedum_FighterPlease like and comment on pinned tweets.
๐บ๐ธ Tweet whether you choose Magatron or Kamacop and tag a friend who you think will… pic.twitter.com/zJ5z7w837Jโ FreeDum Fighters (@Freedum_Fighter) October 17, 2024
When investors purchase DUM, they are asked to vote (stake) for either the passionately patriotic Magatron or the pioneering feminist Kamacop.
Those who vote (stake) for MAGATRON will be offered an annual staking return of 288%, while those who vote (stake) for the pioneering feminist Kamacop 9000 will be offered a whopping 813% return.
According to staking rewards, 68% of DUM investors favor Trump, compared to just 32% for Harris.
Are you preparing for this year’s election?
Sign up to get involved early. @Freedum_Fighter ELECTION BETWEEN MAGATRON AND KAMACOP ๐ฆ
Participate and vote. $DUM Use pre-sale and stake voting system ๐ณ๏ธ
Be sure to follow this project. You won’t regret it๐ฅ๐ฅ pic.twitter.com/j452Rht1Lq
โ Red (@Redlion35) October 17, 2024
During the $DUM pre-sale period, token holders can also participate in lively community discussions to create compelling arguments for their chosen candidates.
If your chosen candidate wins a debate or a significant favorable event occurs, airdrop rewards will be added to your staked balance. Only those who vote (stake) can receive this reward.
Visit the official FreeDum Fighters website to purchase $DUM tokens here. Use ETH, BNB, USDT, USDC or SOL for $0.000065 each. For the best deal, buy before the price increases in just over two days.
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