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MAGA price is up 22% in the last 24 hours To trade at $0.0003740 As of 05:48 AM ET, trading volume was up 82% to $133 million.
This comes as a poll showed that former President Donald Trump leads President Biden in the swing state of Georgia by five points. The poll came as the two prepare to face off this week in a debate in the state capital.
In 2020, Biden flipped Georgia blue for the first time in decades, making it a pivotal battleground state.
Trump’s growing popularity has been seen in several PolitiFi meme coins, with Super Trump (STRUMP) up 31% and Trump Free (TRUMP) up 10%.
MAGA price is set to maintain its rise above the consolidation channel
After launching on May 17, MAGA’s price rose during the tokenization phase to an all-time high of $0.0007379 on May 27, according to data from GeckoTerminal.
MAGA price has been on a downtrend since then, with bears leading the token to the $0.0001878 support area. MAGA price has since been trading within the consolidation channel, with the bulls aiming for a significant breakout above the channel.
MAGA price is trading gracefully above both the 50-day and 200-day simple moving averages (SMAs), which is confirmation of a bullish rally to the upside.
Moreover, the Relative Strength Index (RSI) also shows that buyers have the upper hand over sellers, with the RSI rising towards the overbought zone at 70, and is currently at 65.
The Moving Average Convergence Divergence (MACD) is also bullish, as the MACD line (blue) crosses above the signal line (orange), forming a bullish crossover.
MAGA price forecast
MAGA price analysis on the 4-hours chart shows a strong bullish slope, as the bulls push MAGA price above the consolidation channel, targeting the $0.00060 resistance level.
However, the 50-day SMA is still trading below the 200-day SMA, which could prompt the bears to exert pressure. Additionally, as the RSI rises, it shows that the token is in the overbought zone, which may prompt bears to start taking profits.
In such a scenario, the bears may push MAGA into the consolidation channel, where the bulls pull back to $0.000254, in conjunction with the 50-day SMA.
Meanwhile, as MAGA price bulls aim to push the token higher, investors have been pushing the new GameFi project Big Dice (DICE) It exceeded $1.5 million in pre-sale.
Mega Dice price rises to over $1.5 million in pre-sale β is it better to buy cryptocurrencies now?
Mega Dice, which is set to be GambleFi’s first project on the Solana blockchain, is shaking up the gaming scene.
The platform is a leading brand in the cryptocurrency casino space, with over 11,000 active players and bets exceeding $50 million each month. The platform also offers access to over 4,000 casino games, as well as over 50 sports and esports betting options.
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DICE aims to challenge casino giant Rollbit (RLB), which is up more than 7,800% from its all-time low.
Users also have a chance to get a portion of the Season 2 airdrop giveaway worth $750,000. All they have to do is bet $5,000 or more before June 28. There will be another $750,000 available in Season 3.
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According to 99Bitcoins, a prominent crypto channel on YouTube, the price of DICE will likely rise by 100 times after its launch.
To join the pre-sale, You can buy $DICE on the official website here For $0.0825 per token with BNB, ETH or SOL. You can also earn 10% on any purchases made by investors you refer.
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- Pre-sale now – megadicetoken.com
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