Super Trump Coin (STRUMP) Price Surges 74% in 24 Hours as Crypto Industry Soars After Donald Trump's Landslide US Election Win

The Super Trump price surged 74% in the last 24 hours to trade at $0.003957 as of 11:24 p.m. EST on trading volume that rose 73% to $6.1 million.

The Super Trump (STRUMP) price surged on Monday evening as the crypto industry continued to rally after Donald Trump’s landslide US election win.

STRUMP price soared 74% in the last 24 hours to trade at $0.003957 as of 11:24 p.m. EST. The price also rose over 73% in the last seven days.

Moreover, STRUMP price now trades at a loss of 88% from its all-time high of $0.033.

The surge in STRUMP price comes as the crypto industry rallied after Donald Trump’s victory in the US election. Bitcoin price surged to a new all-time high of $89,560 earlier on Monday.

The bull run in the crypto market was triggered by president-elect Trump’s embrace of digital assets and the prospect of a Congress featuring many pro-crypto lawmakers.

After surging to the all-time high earlier today, Bitcoin price pulled back and was trading down 1.1% in the last 24 hours at $88,400. However, the world’s leading cryptocurrency still managed to post a gain of 90% over the past week.

Meanwhile, Ethereum price surged 4.2% in the last 24 hours to trade at $6,180. The second-largest crypto by market cap also soared 100% over the past seven days.

Super Trump Price Technical Analysis

From August to September, the Super Trump (STRUMP) price was in a consolidation phase, as it traded within the $0.0050 range, according to data from GeckoTerminal.

The support then allowed the bulls to push the price of Super Trump up to the $0.010 resistance, which they could not sustain.

As a result, STRUMP price then plunged back to the support, forming a rounding bottom pattern, a bearish trend that resulted in the price of Super Trump plunging to the $0.0020 support.

However, STRUMP seems to have invalidated the pattern, as the price bounced from this support.

Moreover, the Super Trump price still trades below both the 50-day and 200-day Simple Moving Averages (SMAs) as a result of the downtrend, with the 50-day SMA acting as the immediate resistance at $0.006447.

The Relative Strength Index (RSI) also seems to be rebounding from the 30-oversold region as it heads towards the neutral level, around 41, a sign that buying pressure is building up.

If this interest from investors continues, the price of Super Trump could still soar, with the next possible target at the last resistance level, $0.010.

Conversely, if the bears take charge of the price at this level, the price of Super Trump Coin could plunge back to the $0.0020 support level.

As the STRUMP price aims for a bullish trend reversal, investors seeking other PolitiFi opportunities might want to consider FreeDum Fighters ($DUM), a presale meme coin that YouTube channel 99Bitcoins, with over 706k subscribers, says has the potential to 100X after launch.

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