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MAGA / USD PERPETUAL SWAP CONTRACT

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TRUMPUSDT.P trade ideas

MAGA (TRUMP)MAGA (TRUMP) MAGA (TRUMP) token which is associated with the U.S. Presidential candidate Donald Trump also remains in the top poliFi tokens. A $129.647 Million market cap makes it the 2nd largest politiFi token and 271st token in the crypto space. At the time of writing, MAGA (TRUMP) was exchanging hands close to $3.20 recording a slight 0.46% positive gain in Intraday. The daily chart highlights a consolidation in the last couple of weeks with support at $2.4 and $5.2 level as resistance. Now, a sustained move above the $5.2 level may validate a bullish reversal and the price may show gains of nearly 40% to reach the next supply of $7.5 level. On the other hand, if the selling pressure exceeds and the price breaks on the lower side, it may result in a bearish continuation towards the psychological $2 level.
Long
by Ritika_TCR
token is inspired by the slogan of former U.S. President Donald MAGA (TRUMP) The MAGA (TRUMP) token is inspired by the slogan of former U.S. President Donald Trump, which was "Make America Great Again". TRUMP is the oldest memecoin of the PolitiFi market, which was initially launched on August 11th, 2023, and is currently the second PolitiFi giant meme-coin with a market cap of $145.469 Million. As of the time of writing, the MAGA crypto (TRUMP) price was trading at $3.31, showing an intraday loss of 10.08%, according to CoinMarketCap data. Meanwhile, its price performance has seen a 26.19% surge in the last 7 days but remained bearish over the past month with a 41.70% dip. Furthermore, the All-time Low (ATL) price for MAGA (TRUMP) was at $2.560, which was recorded on August 21st, 2024. Also, the highest price for MAGA (TRUMP) is $17.752, which was last recorded on the first week of June 2024.
Long
by Sam_TCR
Trump Campaigns Could Drive A Rally In Memecoins Ahead ( TRUMP, Over a daily chart look, it has been clearer the optimism is high despite the bear's pressure. The optimsim in relation to the name of Donald J Trump and Eth-spot-ETF could send flying other capable memes as well. Where Floki has surged from the demand zone and has formed a pullback, signifying a brief surge, which can intensify multifold once the catalyst comes into the market. Likewise, the Maga (TRUMP), solely influenced by Donald J. Trump, can directly fly higher once this nominee does something significant or, by the time, becomes an important authority. As of writing, the TRUMP price has been approaching a critical trendline support daily, and a big move could come.
Long
by Sam_TCR
MAGA (TRUMP) MAGA (TRUMP) MAGA (TRUMP), inspired by Donald Trump’s ‘Make America Great Again’ slogan, also contributes to charitable causes such as supporting US veterans. Launched a year ago, MAGA has seen a significant rise from its inception price of $0.015. At the time of writing, MAGA was exchanging hands close to $7.15 recording a nearly 12% rise in intraday today. The recent correction in the broader market has affected MAGA with a notable fall of nearly 57% from its all time high of $17.83. Despite this MANGA recorded a positive gain of nearly 40% in the last three months and over 350% gain in the last six months. The technical chart highlights that the $10.5 level may act as a crucial resistance. if the price surpasses it could pave the way for new record highs.
Long
by Ritika_TCR
What Does Its Price Chart Signify On Daily Chart?After deteriorating from the $17.74 hurdle, the price fell more than 70% in a 34-day span and reached $4.57 by July 5th, where an important dynamic support trendline was in play, which pushed it upwards on the daily chart. Meanwhile, in the Trump incident, where the shooter nearly killed the Republican presidential nominee, Donald J Trump, the shooter missed an inch from his skull and penetrated the ear instead. This was taken on the optimistic side of the crypto landscape and by the MAGA (TRUMP), as he's considered a cryptocurrency skeptic-turned-supporter. In the aftermath of the incident, TRUMP rapidly formed a descending falling wedge, and the Trump incident made it look like a breakout of this pattern. At press time, TRUMP was trading at $7.85 with an intraday surge of 3.44% and struggling to surpass the $10.39 level. Once this level is passed, it could reach the supply once again. Therefore, the resistance on the daily time frame lies at around $10.39 and $14.0, while the support levels are $7.0 and $5.0. Indicators show that the price is above the 50-day EMA. The RSI was at 51.80, above the zero line, and MACD displays a bullish cross with a histogram at 0.3979. Overall, the indicators are on the optimistic side.
Long
by Sam_TCR