Super Trump (STRUMP) Price Skyrockets 29% in a Week, Bulls Poised to Reclaim ATH

The Super Trump price has skyrocketed by 29% in the past week and 2% in the last 24 hours to trade at $0.01565 as of 12:40 a.m. EST

The Super Trump (STRUMP) price is showing signs of a bull rally ahead, with the meme coin rising 29% in the past week to trade at $0.01565 as of 12:40 a.m. EST on Monday. However, trading volume has taken a hit, slipping 23% to $3.6 million in the last 24 hours.

Super Trump is a meme coin created in honor of Donald Trump’s political legacy. With a total supply of 2.3 billion tokens, it aims to support Trump’s principles through a decentralized platform.

“Backed by his exclusive NFT collection, it’s crystal clear – Trump needs to be the first crypto-friendly U.S. president!,” the official website states. “Our unique crypto token is more than just an investment – it’s a symbol of support for Trump’s political movement.”

STRUMP Price Analysis: Key Resistance, Support Levels

The STRUMP price faced resistance and pulled back as bears stepped in, forming a falling wedge pattern. But the bulls have regained control, pushing the price up within a falling channel, suggesting a potential shift to a bullish trend.

This pattern might help the bulls drive the price up to a key resistance level of $0.01688, aligning with the upper boundary of the wedge.

STRUMPUSD Analysis. (Source: Tradingview)

The bulls have shown resilience, bouncing back from the $0.01051 support level. But they now face resistance around $0.01585. A slight push above this level could spark a bull rally, potentially driving the price up to its previous resistance at $0.02859.

Currently, the price is trading above the 50 Simple Moving Average (SMA) on the daily chart, which supports the upward trend and boosts market sentiment. Increased momentum from the bulls might push the price even higher, potentially surpassing the 200 SMA.

Moreover, the MACD is signaling a rebound into bullish territory around the neutral line, with the blue line poised to cross above the orange signal line. The positive histogram bars further add to the bullish sentiment.

However, the Relative Strength Index (RSI) has rebounded to 54, just below the 50 midline level, indicating that neither the bulls nor the bears are fully in control. A small positive push could send the RSI into the overbought zone.

Super Trump Price Bulls Poised To Reclaim ATH

To make the Super Trump token an attractive buy, the price needs to close above $0.01585. If this happens, the resulting buying pressure could push the token higher, continuing the upward trend and potentially reclaiming the $0.02859 high.

On the other hand, if the bears maintain their hold and the correction continues, the price could drop to the $0.01051 support zone, which aligns with the 50SMA. A close below this level in the 4-hour timeframe could trigger more sell orders, potentially driving the price down to the market range’s bottom at $0.009652.

Investors are also eyeing the Sealana (SEAL) token ahead of its upcoming airdrop on July 2 at 1:00 p.m. UTC.

Potential buyers have until July 1 at 1:00 p.m. to buy SEAL tokens. Any tokens bought within the 24 hours following this deadline will only be claimable after the first airdrop.

Seems like @thenotoriousMMA didn’t like #Sealana asking why he was drinking whiskey at the #Roadhouse rather than fighting in the octagon…🥊 If only he knew before raising his fists that Sealana was a 300lbs ex army $SEAL…🪖🦭

It's not going to be a fair fight but no one will… pic.twitter.com/L1TqztPiAX

— Sealana (@Sealana_Token) June 10, 2024

The meme coin is based on a plump seal who spends his days immersed in the depths of the Solana Sea. Glued to his PC, he’s steadily gaining weight, swapping his sleek figure for a trader’s diet of chips and canned tuna.

His obsession with finding the next big Solana meme coin keeps him engrossed, with his flippers always busy and his living room in disarray.

Crypto analyst and YouTuber Jacob Bury says Sealana could be the next 10X opportunity.

Investors have already pumped more than $6 million into SEAL. If you are interested to join them, use the easy-to-navigate buy widget on the project’s official website to buy SEAL tokens for $0.022 each.

The #Presale has ended! 🚨 The #Airdrop