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The Super Trump price is up 5% in the past 24 hours to trade for $0.01303 as of 00:05 a.m. EST on trading volume that surged 81%.
The increase comes as Trump-linked coins like STRUMP remain in the spotlight amid the back and forth with convicted felon Martin Shkreli, who first claimed to have created the DJT meme coin and then said it was Donald Trump’s son, Barron.
Not a single person (besides Martin) who has been in one of these zoom meetings has come forward to say they actually saw and spoke with Barron. This is obviously a red flag. Where is this Cameron fella? Where are these other folks? Nobody is asking them to say they support the…
— Jerry Q*👁️🗨️ (@ADoubleDown) June 20, 2024
Super Trump Price Prediction
The Super Trump price is attempting a recovery rally, recording a green candlestick on the one-day timeframe. However, it remains below the foothold of the descending parallel channel, a bearish technical formation. Unless the STRUMP bulls can haul the Super Trump price to break above the governing pattern, token holders will see losses.
Based on the technical indicators, the market currently leans in favor of the downside. To start with, the Relative Strength Index (RSI) is subdued below the mean level of 50. In the same way, the Moving Average Convergence Divergence (MACD) is also suppressed below its signal line (orange band).
An RSI value below 50 typically indicates that the cryptocurrency is in a downtrend or experiencing a period of consolidation with selling pressure outweighing buying pressure. In the same way, when the MACD line is below the signal line, it suggests that the short-term trend momentum is negative, indicating potential for further downward movement in the price.
If the bears have their way, the Super Trump price could drop below the $0.01000 psychological level. A loss of this critical support would toss STRUMP in the hands of the bears.
In a dire case, the slump could extend for the Super Trump price to test the $0.00500 threshold, levels last tested on May 28.
GeckoTerminal: STRUMP/USD 1-day chart
On the other hand, if bullish momentum increases, the Super Trump price could make a decisive move above the centerline of the channel. Confirmation of this move would be a stable close above the $0.01447 roadblock.
To confirm the continuation of the uptrend, however, the Super Trump price must record a candlestick close above $0.02405. Such a move would constitute a climb of over 80% above current levels.
Meanwhile, investors are swarming to Sealana (SEAL), the blockbuster Solana meme coin that’s blasted past $5 million in funds raised and now has only four days left in its presale
Promising Alternative To Super Trump
SEAL is the powering token for the Sealana project. This patriotic, obese, American redneck seal is so absorbed in the Degen market that he’s abandoned the gorgeous figure of his youth for a trader’s diet of chips and tinned tuna.
With Solana meme coins the choice investment in a speculative market, Sealana is thriving.
The project’s integration with the Solana blockchain is a key advantage, enabling it to leverage Solana’s robust performance, low fees and rapidly expanding ecosystem.
As an SPL (Solana Program Library) token, SEAL benefits from Solana’s scalability and thriving developer community. And it improves its prospects compared to meme coins on more congested Layer 1 networks like Ethereum.
Crypto analyst and YouTuber Clay Bro says Sealana has the potential for a 10X rally after launch.
Investors interested in joining the Sealana community should hurry and buy SEAL for $0.022 per token now. The clock is ticking with only 4 days left before the presale closes
Buy SEAL tokens here.
Also Read:
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- SolidProof Audited – playdoge.io
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