MAGA Price Prediction: MAGA Soars 17% as This AI Meme Coin Soars Toward $7 Million in Blockbuster Presale.
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MAGA price has surged 17% in the last 24 hours. Traded for $0.0002702 As of 5:50 PM ET, trading volume had surged 6% to $65 million.
MAGA Price Bulls Foreshadow a Massive Breakout Move.
After an initial bull run in which MAGA’s price soared more than 1,300%, momentum eventually slowed. During the down phase, prices plummeted by 60%. gecko terminal.
MAGA price shows a bounce after falling from an all-time high of $0.0007379 to retest the bearish trendline. Bulls could regroup and spark a rally by establishing a strong support zone at $0.00005653.
This formed a double bottom pattern, leading to a bullish reversal. This rally created upward momentum and pushed the price towards resistance levels.
MAGAUSDT Analysis (Source: Dextools.io)
The bulls have pushed the price above the 50-day simple moving average (SMA) and are currently targeting the 200-day SMA, which is in line with the bearish trendline. A break above the 200-day SMA could trigger a further upward move for MAGA, confirming the overall positive trend if the price continues to gain momentum.
Although the relative strength index (RSI) recently fell to 67, it shows a gradual reversal upward trend in the 50 midline area and remains strong at 67, which is close to the overbought area. Due to continued momentum, RSI may soon enter overbought territory.
MAGA price bullish target news highest price above resistance line
MAGA price bulls are poised to push the price higher, aiming for new highs above all-time highs. If they maintain momentum, the price could return to $0.0001818 in the coming weeks.
However, the price may decline from the current resistance level, indicating a bearish reversal. If this happens, the bears may take the lead and push the price lower, forcing the bulls to return to the support area at $0.0001686.
A mix of AI and Meme coins
Meanwhile, a dog-themed meme coin Winner AI (WAI) Presales are growing explosively and gaining momentum, with funds raised through presales to date exceeding $6.2 million.
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