MAGA (MAGA)
MAGA coin is the digital currency that's making crypto fun again! It's not just a cryptocurrency; it's a revolution wrapped in a joke, inside a blockchain. Born from internet memes and fueled by a spirit of fun, MAGA Coin aims to put a smile on the users face and a coin in their digital wallet.
At the time of writing, the MAGA meme coin price was trading at $0.00024 with an impressive intraday gain of 13.09%. MAGA secured the third memecoin gainer of the week rising nearly 20%.
Further, in the daily chart, the MAGA price action reveals a double bottom pattern at the $0.00018 demand zone. The neckline of the double bottom pattern was placed close to the $0.00030 mark. A bullish breakout above the neckline could lead to the next distribution phase.
On the higher side, the short term traders and investors may expect a target of $0.005 on a successful breakout of the neckline. on the flip side, the price may maintain a sideways trend until it hovers below the neckline.