MAGA Price Prediction: TRUMP Plunges 10% As Polymarket Odds For Kamala Harris Rise After Presidential Debate, And Experts Say This ICO Might 100X
The MAGA price plunged 10% in the last 24 hours to trade at $2.82 as of 00:44 a.m. EST on trading volume that soared 13% to $5.6 million.
This comes as the odds of Kamala Harris taking the White House gained on Polymarket after the presidential debate with Donald Trump last night. Harris and Trump are now tied with each having a 49% chance of winning November’s election.
MAGA Price Set For A Rebound
The MAGA price has been on a downtrend since August 25, according to data from GeckoTerminal . Although the bulls seemed to gain some control around the $2.9 support to push TRUMP price to the $3.5 resistance, the price of MAGA then dropped again to the $2.77 support.
This support then allowed the bulls to push the price back to the $3.5 resistance, forming a rounding bottom pattern.
The price of MAGA has now invalidated the bullish sentiments of the rounding bottom pattern, with TRUMP now moving down within a bearish trend.
The downtrend coincides with the price of MAGA now trading below both the 50-day and 200-day Simple Moving Averages (SMAs).
Moreover, the Relative Strength Index (RSI) is correcting below the neutral zone, currently at 39, which is a sign that sellers have the upper hand.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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