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Super Trump price has traded up 35% in the last 24 hours. $0.004866 As of 2 a.m. ET, it ranked 8th among the most popular cryptocurrencies on CoinMarketCap.
snap | source: CoinMarketCap
Super Trump Price Prediction: What Do the Charts Say?
Analyzing the Super Trump price chart, we can see that it has recently retested a significant resistance area, indicated by the red horizontal line at the top.
Super Trump price is now pulling back from this resistance zone, which means there is still significant selling pressure at that price level. If selling pressure remains consistent, there may be a pullback to previous support levels.
Looking at technical indicators, we can see that the Money Flow Index (MFI) is in overbought territory at 88.39. This could mean that the super trump market could see excessive upside, followed by a decline or consolidation.
MACD (Moving Average Convergence Divergence) shows a blue line crossing above the orange signal line, usually indicating bullish momentum. However, given that it is close to the resistance zone and the MFI is high, the bullish momentum may lose steam.
This is evidenced by the MACD histogram, which shows decreasing green bars, indicating a decrease in bullish momentum.
If the super trump price remains above the support level and MFI pulls back from the overbought level without a significant price correction, another attempt to break through the resistance area may be possible.
Conversely, if the price falls significantly below the support level as volume increases, this may indicate a change in sentiment and could lead to further declines.
2-hour STRUMP/USDT chart | source: TradingView
Meanwhile, with the risk of the super trump price falling, Sponge V2 is one of the promising meme coin alternatives. Top 5 Cryptocurrencies Pre-sale This year.
A promising alternative?
Sponge V2 It promises buyers much bigger and better returns than its predecessor, Sponge V1, which soared 100 times even during last year’s bear market.
Crypto analyst Jacob Bury says that with its promising appeal, the token could see a 10-fold surge if it is launched soon on additional top exchanges.
The token’s profitable staking mechanism offers the following benefits:n Ethereum’s annualized return is 164% and for Polygon it is 343%. Over 9.8 billion tokens have already been staked.
But that’s not all. For a short period of time only, $SPONGE is offering a 100% bonus on V2 token sales. When you purchase $100 worth of $SPONGE, you will immediately receive an additional $100 V2 tokens that you can claim when Sponge V2 launches.
The project also plans to launch new play-to-earn cryptocurrency games that will be fun and valuable for users.
Do not forget it. #Sponger! 🧽︎#SpongeV2 has some exciting utilities coming soon. #P2E game! 🔥
Get ready to profit $sponge Play games to earn tokens and rank on the leaderboard.
Stay tuned for more details! 🚀#memecoin #Cryptocurrency #how #100x pic.twitter.com/5aaLxGz8N1
— $SPONGE (@spongeoneth) March 22, 2024
Now that the Super Trump price is heading towards a correction, those who missed out on the Sponge V1 pump may want to consider the Sponge V2 as an alternative.
To purchase SpongeV2, visit the official website here. Use ETH, USDT or bank card.
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