Best PolitiFi Memecoins to Stack With 28 Days to US Election?
The United States presidential election is only 28 days away. Political memcoins have seen significant changes in their valuations. Moreover, some have risen more than 2X in a week, showing the strength of these projects in the market.
In this article, we cover the market sentiment, price action and short-term price targets of the top 3 political memcoins as the 2024 US presidential election approaches.
sleep (trumpet)
MAGA price has risen ~27% in the last 24 hours with a trading volume of $17.54 million. Moreover, it increased by 54.52% last week and 1,036.46% this year.
The Relative Strength Index (RSI) has breached the overbought territory in the 1D time frame. Additionally, with the SMA as support, the TRUMP coin shows a positive outlook ahead.
If the market continues to trade under high influence, the price of MAGA coin may be set to test the high resistance level of $9 in the coming weeks. On the contrary, a setback may drag memecoin to the $1.50 support level.
Do you want meme coins? Read our Pepecoin price forecast for possible price targets!
Super Trump Coin (STRUMP)
STRUMP price has rallied ~50% in the past day and is about to retest the August high. Moreover, it has jumped 2,701.85% since its inception. This highlights the strong bullishness for him in the market.
The technical indicators MACD and SMA register a bullish trend in the 1D time frame. This indicates an increase in buy-to-view pressure for memecoin in the crypto market.
If the market continues to support the bulls, this could cause the price of STRUMP to retest the high resistance level of $0.015160 this month. Conversely, a bearish move could drag the Super Trump coin price down to a low of $0.003625.
yourself
MAGA crypto price has breached the important resistance of $0.0001844 after adding ~105% to its valuation in the last week. Furthermore, this memecoin has received a lot of attention from the crypto space and has risen 2,200% in 5 months.
The Moving Average Convergence Divergence (MACD) shows a steady increase in the green histogram, while the averages show a bullish trend. This suggests that the value of the MAGA coin will continue to gain value in the near future.
Keeping the price above the $0.000184 resistance level could set the stage for this meme coin to prepare for the $0.000488 high resistance level this month. However, if the bulls regain their strength, the price may retest the low of $0.00011250.
