The price of the MAGA cryptocurrency has sharply fallen by 9% in the last 24 hours, reaching $1.97. Meanwhile, trading volumes increased by 57%, totaling $5.4 million.
MAGA Price Decline
The price of the MAGA cryptocurrency dropped to $1.97 after Donald Trump officially unveiled World Liberty Financial (WLFI). According to GeckoTerminal data, the MAGA price began to decline from the $3.52 resistance level within the falling channel.
Technical Indicators Analysis
The current MAGA price at $1.84 may be a point of additional support. TRUMP trades below both the 50-day and 200-day Simple Moving Averages (SMA), coinciding with the price trading within the falling channel. The Relative Strength Index (RSI) stands at 33, indicating significant selling pressure and undervaluation of the asset. If the selling continues, the price may drop below $1.5, which is a critical support level.
Mega Dice Advantages
The Mega Dice project has raised $1.86 million in its presale, offering over 4,000 casino games and 50 sports and eSports betting options. Mega Dice is integrated with the popular TON Wallet on Telegram, allowing users to conveniently use the wallet for deposits and gaming.
The price of MAGA continues to experience selling pressure amid increased trading volumes. Meanwhile, the Mega Dice project shows impressive financial metrics, attracting attention in the crypto community.
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