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Traders Prepare for the US Presidential Election by Stockpile These 5 Bullish Coins

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By Aggregated - see source on September 12, 2024 Crypto News
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As the US presidential election draws near, attention is turning to certain cryptocurrencies. Savvy traders are eyeing coins primed for potential surges. This article unveils the top five digital assets poised for bullish trends amidst election uncertainty. Curious about which coins could see significant gains? Discover the promising contenders ready to shine.

Super Trump (STRUMP) is showing promising signs for a massive rally, trading between $0.0047 and $0.0064. With its RSI at 42.55, the coin is positioned to break through resistance at $0.0073, and if it does, traders could see a tremendous surge. A rise to $0.0090 could lead to an explosive 170% increase, presenting a huge upside for those betting on a bullish reversal. The potential for STRUMP to outperform makes it one of the most exciting coins leading up to the election.

TRUMP (MAGA) is nearing key support levels, with traders watching closely for a bullish turnaround. Despite recent bearish pressure, this coin could see a significant recovery. If it breaks resistance, TRUMP (MAGA) could soar by as much as 180%, making it a prime contender for massive gains during the election season. Investors are eagerly awaiting signs of a reversal, and with this potential growth on the horizon, TRUMP (MAGA) is a coin to watch closely.

MANTRA (OM) has been on an upward trajectory, gaining 11.90% in the past week and 15.58% over the past month. Currently trading between $0.81 and $0.99, it has the potential to rise towards $1.29, which would represent about a 30% increase from current levels, not 190%. The RSI at 61.02 indicates that it has plenty of room for growth. With bullish momentum building, MANTRA (OM) is still a strong contender in the crypto market, despite the smaller percentage increase.

Chainlink (LINK) is in a tight battle between bulls and bears, but it’s showing signs of an imminent breakout. Trading between $9.47 and $11.08, if LINK can surpass resistance at $11.78, it could experience a monumental surge of up to 160%. This would catapult the coin to new heights, rewarding traders who get in early. With modest upward momentum already in place, the coin is poised for a major run that could significantly outperform expectations.

Quant (QNT) is showing strong indicators of a massive rally ahead, trading between $60.07 and $73.97. While resistance at $78.83 has been tough to break, the coin could skyrocket by 150% if it surpasses this critical level, reaching as high as $92.73. The RSI at 55.07, along with a slight positive MACD divergence, suggests QNT is on the cusp of a major breakout. Traders who act quickly could capitalize on this substantial upside, making Quant a high-reward prospect as election uncertainty fuels market volatility.

Conclusion

As the bull run expect again in 2024, traders are focusing on coins like STRUMP, MAGA, OM, LINK, and QNT. These coins have shown strong performance and have gained significant attention. The favorable market conditions and optimism around these assets suggest potential growth opportunities. Traders are positioning themselves to capitalize on the momentum driven by these coins. Their strategic moves indicate a positive outlook for the upcoming period.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Investment Disclaimer

Credit: Source link

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