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HarryPotterObamaSonic10Inu price is in the green by 307% in the monthly period after 22% in 24 hours. eth/”>increase to trade at $0.3254 at 7:05 a.m. EST as investors rush to buy the meme coin.
Over the last trading day, the meme coin rose from an intraday low of $0.243 to a high of $0.3269. It has since retreated slightly, but is still trading closer to its 24-hour high.
HarryPotterObamaSonic10Inu Price Breaks Resistance
<img decoding="async" alt="crypto:BITCOINUSD Chart image by StevenWalgenbach” src=”https://technicalterrence.com/wp-content/uploads/2024/10/Is-it-too-late-to-buy-BITCOIN-HarryPotterObamaSonic10Inu-price-shoots.png”/><img decoding="async" src="https://technicalterrence.com/wp-content/uploads/2024/10/Is-it-too-late-to-buy-BITCOIN-HarryPotterObamaSonic10Inu-price-shoots.png" alt="crypto:BITCOINUSD Chart image by StevenWalgenbach”/>
4-hour chart for bitcoin/USD (Source: x/TwXiy22q/”>TradingView)
HarryPotterObamaSonic10Inu price was able to break out of a descending price channel that formed on its 4-hour chart. As a result, the same corner printed a higher medium-term low. This has led to the formation of an uptrend line.
In the past few hours, HarryPotterObamaSonic10Inu price also broke the main resistance level of $0.30240255. If bitcoin establishes a position above this threshold, it could continue to rise in the next 24 hours.
On the other hand, HarryPotterObamaSonic10Inu price falling below $0.30240255 in the next 8 hours could invalidate the bullish thesis. In this alternative case, the same corner could be at risk of falling to the support of $0.24144915.
The support at $0.24144915 will be a key level to watch, because it also coincides with the aforementioned ascending trend line. Therefore, a break below this technical safety net could lead to the price of HarryPotterObamaSonic10Inu falling as low as $0.19041840 if the bears decide to continue putting pressure on the cryptocurrency's price.
Technical data points to continued price rise for HarryPotterObamaSonic10Inu
From a technical point of view, the indicators on the bitcoin 4-hour chart suggest that the price of the meme coin could continue to rise in the next 24 hours. The major bullish technical flags were triggered by the Moving Average Convergence Divergence (MACD) and Relative Strength Index (RSI) indicators in the last 24 hours.
bitcoin appears to have entered a short-term positive trend over the last trading day, as suggested by the crossing of the MACD line above the MACD signal line. The gap between these two technical indicators is also growing, which could be seen as a sign that the bullish momentum for HarryPotterObamaSonic10Inu price is gaining strength.
Meanwhile, the RSI surpassed its simple moving average (SMA) line in the last 24 hours. Traders often view this technical event as a sign that bulls have gained control of a cryptocurrency's price. The current RSI reading around 50 also suggests that there is still room for HarryPotterObamaSonic10Inu price to rise before entering overbought territory.
While indicators suggest bitcoin could continue to rise, investors are flocking to a new political meme coin called FreeDum Fighters (DUM) before the US presidential elections.
crypto Investors May Participate in a More Satirical Presidential Election
As the US election approaches, the crypto community is eager to see whether pro-crypto candidate Donald Trump or Democratic candidate Kamala Harris will take the White House. As anxiety rises, FreeDum Fighters (DUM) offers investors the opportunity to let off steam through political satire while earning passive staking rewards in the process.
At the heart of the project is a unique betting pool that will reward participants based on which political candidate they support. Investors can then accumulate points through this pool as the project's poles fluctuate, which will then be redeemable at the token's next airdrop.
<blockquote class="twitter-tweet” data-width=”550″ data-dnt=”true” wp_automatic_readability=”12.728459530026″>
PATRIOTS NEEDED
Ready to choose sides in the showdown of the century: MAGATRON vs. Kamacop 9000?
Here is your mission:
Follow twitter.com/Freedum_Fighter?ref_src=twsrc%5Etfw”>@Freedum_FighterLike and comment on our pinned tweet.
Post a tweet which side you choose Magatron or Kamacop, tag friends you think… pic.twitter.com/zJ5z7w837J
– FreeDum Fighters (@Freedum_Fighter) twitter.com/Freedum_Fighter/status/1846945074921472346?ref_src=twsrc%5Etfw”>October 17, 2024
In addition to the satire the project brings to the serious political race, FreeDum Fighters also serves as another way for investors to gauge which candidate could win the election in addition to decentralized betting platforms like PolyMarket and Kalshi.
Investors bet on the future of DUM
FreeDum Fighters has already raised more than $100,000 through its ICO, while investors are betting big on the project's future. FreeDum Fighters polls also mirror polls seen on other platforms, with former US President Trump ahead of Harris. According to the project's website, investors see an 85% chance that Trump will win, compared to a 15% chance for Harris.
Anyone can cast their vote through the project website. By doing so, investors can also unlock the 859% APY on offer.
<blockquote class="twitter-tweet” data-width=”550″ data-dnt=”true” wp_automatic_readability=”12.365439093484″>
Ready for this year's elections?
Get involved early by joining the twitter.com/Freedum_Fighter?ref_src=twsrc%5Etfw”>@Freedum_Fighter elections between MAGATRON and Kamacop
Cast your vote by participating in the twitter.com/search?q=%24DUM&src=ctag&ref_src=twsrc%5Etfw”>$DUM pre-sale and using their participation system by vote
Make sure you follow this project, you won't regret it. pic.twitter.com/j452Rht1Lq
— Red (@Redlion35) twitter.com/Redlion35/status/1847010460752925065?ref_src=twsrc%5Etfw”>October 17, 2024
To earn these rewards, investors will need to purchase DUM through the purchase widget on their website. The meme coin sells for $0.00005 per token and can be purchased with eth, USDT, BNB, BASE, SOL, or USDC.
With each purchase, investors have the option to choose to automatically stake their tokens. This means that newly purchased tokens will be put to work immediately.
Buy and stake DUM here to earn up to 859% in annual rewards.
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