Bitcoin Targets $100K with Potential to Reach $120KIt appears that Bitcoin has broken above a strong resistance level, which is now acting as support. Based on the chart, the price has surged significantly without any retest of this new support level. This could indicate strong bullish momentum, as the price hasn't returned to test the previous resistance.
With this upward momentum, Bitcoin may be on a path towards the next major milestone of $100,000. If this psychological level is surpassed, we could see an extended target of $120,000, marking a significant phase of price discovery in this bullish trend. However, traders should remain cautious of potential corrections or consolidation phases along the way
Maga
TRUMP coin analysishello guys.
are you interested in getting position in TRUMP coin?!
Supply Zone (S&D): Price has recently tested a prominent supply zone around the $5.50 level, which acted as a strong resistance and caused a bearish reversal.
Descending Channel: The price is moving within a descending channel, suggesting a continuation of the downtrend. The channel's resistance and support lines provide potential reversal points.
Support Zone: A significant support area is located around $2.20 - $2.25, which could act as a potential target if the price continues to drop.
Trump is another name for #bitcoin's parabolic movements!🟢#Trump’s influence, especially in 2016, created a huge shift in the political arena, and this increased people’s interest in alternative financial systems like #Bitcoin.
🟢2016 was a time when Bitcoin started to be noticed by the wider public.
🟢Now, with Trump’s return, there will be a similar wave of excitement in CRYPTOCAP:BTC and the crypto markets.
🟢Interest in assets like #BTC will increase, especially when there is a lack of trust in traditional economic systems or a search for alternative solutions.
Led by $MAGA Election Fever Drives $2.2B Surge in Politfi TokensAs the United States pivotal election holds today, the cryptocurrency market is experiencing intense political energy. A total of $2.2 billion in crypto has been sparked by election fever, with key players like the AMEX:MAGA Memecoin and the President Memecoin Index leading this surge. Investors are increasingly eyeing politically themed tokens, anticipating intense volatility ahead.
MAGA: A Politically Charged Memecoin with Potential
MAGA ( AMEX:MAGA ), inspired by the iconic red “Make America Great Again” hat from Donald Trump’s 2016 presidential campaign, has been a standout. Since its launch in May 2024, AMEX:MAGA has skyrocketed by an astonishing 1812%. This meteoric rise is closely linked to Donald Trump’s growing chances of returning to the White House. Currently, MAGA has 25,470 holders, a figure that continues to grow as election excitement builds. However, the token's distribution is moderately concentrated, with the top 100 holders controlling 68% of the total supply. This could imply increased volatility as these large holders may significantly impact price movements.
What Drives MAGA’s Price Movements?
Fundamentally, MAGA's price is heavily influenced by the political landscape. With the U.S. presidential race heating up, the token’s fate appears intertwined with Trump’s poll numbers and prediction markets. Over the last week, MAGA’s price has shown substantial volatility. At one point, Trump’s odds of winning had improved to 66-34, only to decline to 55-45. Interestingly, poll analysis reveals Trump is currently performing 1% better compared to his 2020 campaign results—an edge that could be enough to secure a victory. Should Trump win, analysts believe MAGA’s market cap could double to $150 million, driven by renewed enthusiasm among his supporters.
Technical Analysis of MAGA
MAGA’s price movements have been dynamic, marked by multiple support and resistance levels. On November 5th, AMEX:MAGA experienced a pullback after a brief recovery. Key support has been identified at $0.00015, while resistance lies at $0.00020. The overall market sentiment remains neutral, with traders cautiously observing upcoming election results.
On November 4th, AMEX:MAGA rallied as Polymarket data showed Trump’s odds climbing from 53-47 to 55-45. The belief that 53 was the bottom added to bullish momentum. The immediate support level is at $0.0001819, with resistance at $0.0002038 and $0.0002257. However, market participants are bracing for the outcome of the U.S. presidential election, which will likely dictate MAGA’s next big move.
MAGA’s Strategic Growth and Community Involvement
Beyond price speculation, AMEX:MAGA differentiates itself with its zero-tax and fully community-driven structure. The token has gained traction among Trump supporters, who actively engage in MAGA-themed rallies, debates, and other events. This grassroots enthusiasm has solidified MAGA's place within the meme token space, setting it apart as a culturally significant asset.
Further bolstering its credibility, Bitrue, a top centralized exchange (CEX), has announced the launch of a new MAGA perpetual futures pair. This development indicates that MAGA is not just a fleeting hype-driven project but could have long-term viability. The availability of futures trading showcases increased institutional interest and adds a layer of sophistication to MAGA’s trading ecosystem.
Where to Trade MAGA
AMEX:MAGA Hat tokens are primarily traded on centralized exchanges, with Gate.io being the most active platform. The trading pair MAGA/USDT has reported a 24-hour volume of $13.6 million, underscoring robust market activity. Other notable exchanges include MEXC and HTX. Over the last 24 hours, MAGA's trading volume reached $39.6 million, although this figure represents a 7.10% decline from the previous day, hinting at a slight cooldown in market enthusiasm.
Market Performance and Comparative Analysis
Despite its initial success, AMEX:MAGA has faced challenges, with a recent 41.60% decline in price over the past week. This underperformance stands in contrast to the broader crypto market, which fell by 6.20%, and the Ethereum Ecosystem tokens, which saw a 12.70% increase. MAGA’s all-time high of $0.0007379, recorded in May 2024, remains 76.29% higher than its current level. On the flip side, its all-time low from August 2024 is 398.75% lower, highlighting MAGA’s potential for both substantial gains and risk.
MAGA’s Future Outlook: High Risk, High Reward
The fully diluted valuation (FDV) of MAGA stands at $71.4 million, reflective of the token's long-term potential assuming all 420 billion tokens circulate. Given its community-driven nature and high concentration among top holders, MAGA is a classic high-risk, high-reward investment. The Crowdwisdom360 PolitiFi index, up 90% since August, underscores the broader interest in political tokens, suggesting MAGA could be poised for more action.
As the U.S. election draws near, the market anticipates even more volatility. A Trump victory could send MAGA soaring, while a loss may trigger a steep sell-off. Investors are watching closely, prepared for either outcome in what promises to be a politically charged crypto market.
MAGA - The START of a Positive Outcome!This should be the low, forming a rounding bottom right at a significant macro support.
It needs to stay above the bullish zone to progress towards new highs. The chart is straightforward, with a clear invalidation zone.
It’s currently struggling to break above the weekly open, but once it does, it could soar to new heights.
AMEX:MAGA is pretty self-explanatory; you know why I’m betting on this one!
TRUMP Coins : HIGH RISK !MEXC:BABYTRUMPUSDT MEXC:STRUMPUSDT BITMEX:BTRUMPT BITMART:TRUMPUSDT
Trump coins recently surged as Kamala Harris said she would appoint SEC Chair Gary Gensler as Treasury Secretary if she wins. To be perfectly clear, this post is NOT aimed at showing preference to either party - but rather taking a look at where trump-related altcoins could go next after the surge.
1) MAGAUSDT
📢Verdict - SHORT
👉Bearish M-Pattern after a 77% increase:
2) TRUMPUSDT
📢Verdict - UNDECISIVE
👉 Price playing sideways after a 62% increase:
3) BTRUMPTUSDT
📢Verdict - SHORT
👉 Price making lower highs and lower lowers after a 127% increase:
4) STRUMPUSDT
📢Verdict - SHORT
👉 Price in strong downtrend after a 64% increase:
5) BABYTRUMPUSDT
📢Verdict - SHORT
👉 Clear Top-Out, watch out for losing trendline:
Considering these are all MEME COINS - trade with extreme caution since they are very high risk trades.
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ADD DARK MAGA $DMAGA on to your WatchlistInteresting structure
and action on this S coin on #solana
Elon very briefly changed his X pfp to the dark maga colours
if thats all you need for a fundamental reason ... thta's a pretty good one
But on a technical level we have a higher low
let's see if it can break through that key level and form. large inverse head and shoulders
Continuation of the downward trend?MAGA (TRUMP) stock has recently lost a significant support level and subsequently experienced a pullback. Currently, it is on the verge of testing the second support level. This situation indicates that if the second support level fails to hold, we might see a continuation of the downward trend.
MAGA PEPE Harmonic Breakout Could Take it to a $1 Billion FDMCMAGAPEPEUSDT has broken free from a Descending Trendline now starting what could be a Bullish Dragon, this breakout has only come after what has been a successful bounce off of the confluence zone between the Linear 1.272 and Log Scale 2.618 Extensions which happen to align with the HOP level of a Bullish Gartley. If this turns out to be the Bottom we could get some similar performance that we got on the ERC-20 MAGA Coin except this time around it's an SPL coin that has much more liquidity and much clearer stats on having a fixed supply. Considering all of this I think we could target for a 100 Million Dollar Market Cap which would put it up at the 1.618 upside extension but if things get really good we may even see it challenge $1 Billion which would put it up at the 2.618 Upside Extension.
Make MEME Great Again ---- TRUMPAfter the approval of the ETH ETF, market’s attention will turn to monetary policy and the election in November. Over the weekend, former US President and 2024 Republican presidential candidate Donald Trump stated in his speech that he would accept crypto donations, and If he succeeds in becoming president, he will promote the development of crypto and BTC in the United States, and oppose CBDC. This is historic. Trump is the first candidate to express his support for crypto, in stark contrast to his main challenger Joe Biden.
In this context, meme coin TRUMP has gained market attention. Although there is no evidence that the TRUMP token in Trump’s crypto wallet was actively purchased by him. But for meme coins, interesting concepts and hooking up with celebrities are the conditions for pumping, and TRUMP did it. There are still 6 months left before the US election. TRUMP and the meme coin with the concept of election will become the focus of the market at this stage. Donald Trump may even be elected as the next president because of this historic decision.
We can see that with the rise in recent days, TRUMP has risen above the high point at the time of listing on exchanges, and the trading volume has gradually increased. It can be seen from the TSB indicator that after TSB prompted a BUY signal on May 23, TRUMP began a new round of rise. The columns are currently well above the wavy zone and the uptrend is healthy. Meme coins are suitable for our indicators.
Introduction to indicators:
Trend Sentinel Barrier (TSB) is a trend indicator, using AI algorithm to calculate the cumulative trading volume of bulls and bears, identify trend direction and opportunities, and calculate short-term average cost in combination with changes of turnover ratio in multi-period trends, so as to grasp the profit from the trend more effectively without being cheated.
KDMM (KD Momentum Matrix) is not only a momentum indicator, but also a short-term indicator. It divides the movement of the candle into long and short term trends, as well as bullish and bearish momentum. It identifies the points where the bullish and bearish momentum increases and weakens, and effectively capture profits.
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
TRUMPCOIN MAGA - Could we see triple digits before the election?Not a fan of the person but am a fan of making money off the most memeable memecoin ever that is TRUMP (MAGA).
- Huge bullish engulfing weekly candle
- Been seen pumping even when the rest of the markets going down
- Growing number of holders, market cap etc
- Election about 4 months away, plenty of time for it to kick off
- In a nice up trend
- Trying to breakout
Not financial advice, this was at $4 less than two weeks ago and it could certainly return BUT I feel like theres so much time for growth for this meme that I won't be selling anytime soon.
Make America Great Again Bullish OutlookLet's MAGA guys.
BITMART:MAGAUSDT is in a good buying zone + that gap is delicious.
TP: 0,0000000267
SL: 0,0000000022
dwac just smiling all the way to zerodwac
garbage ...inside and out NASDAQ:DWAC
.traitor special
who wants to buy a bridge?
.better opportunities in McDonalds