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The Tremendous Trump value has pumped 35% over the past 24 hours to commerce at $0.004866 as of two:00 a.m. EST to rank eighth amongst high trending cryptos on CoinMarketCap.
Snap | Supply: CoinMarketCap
Tremendous Trump Value Prediction: What Do The Charts Say?
Analysing Tremendous Trump value charts, we discover it has just lately retested a big resistance zone, marked by the crimson horizontal traces on the high.
The Tremendous Trump value is now retreating from this resistance zone, which means that the promoting strain stays important on the value degree. We may see a fallback to earlier help ranges if the promoting strain stays constant.
technical indicators, we discover that the Cash Circulation Index (MFI) is at 88.39, which is the overbought territory. This might suggest that the marketplace for Tremendous Trump could also be overextended to the upside, and a pullback or consolidation may observe.
The Shifting Common Convergence Divergence (MACD) reveals the blue line crossing above the orange sign line, usually suggesting bullish momentum. Nonetheless, given the proximity to the resistance zone and the excessive studying on the MFI, the bullish momentum could be dropping power.
That is evidenced by the MACD histogram, which reveals diminishing inexperienced bars, indicating a lower in bullish momentum.
If the Tremendous Trump value can preserve above the help degree and the MFI retreats from overbought ranges with no important value correction, one other try to interrupt the resistance zone could possibly be potential.
Conversely, if it breaks beneath the help degree considerably when growing quantity, it will recommend a change in sentiment, which may result in additional declines.
2-hour STRUMP/USDT Chart | Supply: TradingView
In the meantime, because the Tremendous Trump value dangers a pullback, Sponge V2 is one other promising meme coin various that’s ranked among the many 5 high crypto presales for this 12 months.
A Promising Various?
Sponge V2 guarantees patrons even greater and higher returns than its predecessor, Sponge V1, which soared 100X final 12 months amid a bear market.
Primarily based on its promising attract, crypto analyst Jacob Bury says a 10x surge is feasible after the token is launched quickly on further top-tier exchanges.
The token’s profitable staking mechanism gives an annual yield of 164% on Ethereum and 343% on Polygon. Over 9.8 billion tokens have already been staked.
That’s not all, although. For a short while solely, $SPONGE is providing a 100% bonus on V2 token gross sales. Should you purchase $100 value of $SPONGE, you’ll instantly obtain an additional $100 in V2 tokens that may be claimed when Sponge V2 launches.
The undertaking additionally plans to launch a brand new play-to-earn crypto sport that can be enjoyable and priceless for customers.
Remember, #SPONGERS! 🧽💦#SpongeV2 is bringing thrilling utility by way of our upcoming #P2E sport! 🔥
Get able to earn $SPONGE tokens by taking part in the sport and rating on the leaderboard.
Keep tuned for more information! 🚀#MemeCoin #Crypto #Alts #100x pic.twitter.com/5aaLxGz8N1
— $SPONGE (@spongeoneth) March 22, 2024
With the Tremendous Trump value now headed in the direction of a correction, those that missed the Sponge V1 pump can think about Sponge V2 instead.
Go to the official web site right here to purchase SpongeV2 utilizing ETH, USDT, or a financial institution card.
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