Donald Trump

TRUMP

The US elections are on the cards as the top ones, like Dogecoin &amp; Shiba Inu, are gaining back the lost attention. While the entire market is consolidating on election eve, these memecoins have been performing well, with a notable rise in the social sentiments as well. According to the data from <a href="https://x.com/LunarCrush/status/1853619167708262625" target="_blank" rel="noopener noreferrer nofollow">LunarCrush</a>, the top memecoins with leading combined social and market activity include SHIB, DOGE, TRUMP, MICHI, PEPECOIN, etc., and a few more.&nbsp;  
<figure class="wp-block-image"><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXchKG0Urf6BnqGrLvZ8InGDjRpLKe8fY62Jc8wZhJzuiGPltcKYqURhJ0LmtoXmysuxBe9ManDRxzBiAHCLNDKCuxIAexQaLHawbW8a0R0n65H5P9lKq86Vurcr-gyi4vLDfgJ4LnLK2Pr9iEjRKHND9M6e?key=WFVDhEBLBDwWOKdzJv12afWQ" alt="">
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As the U.S. elections are underway, there are huge chances of MAGA (TRUMP) reviving a strong ascending trend with eye-catching bullish action. The price has already broken out of a double bottom reversal with targeted ATH being 5x away. The top poltifi token has gathered over $130 million in market capital that remained almost flat till the start of the year. According to the Polymarket predictions, Donald Trump leads with a 61% chase of victory, which is expected to catalyse the Bitcoin rally.&nbsp;  
<figure class="wp-block-image"><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfHT3X8rQQg3cf7sR1hOffUlHAH6Q3NDqeBSoovrg_AHNL4iCUAzYOCijzbQ29_yMOIc8OZKSuN4e9t7vrjxqu59QaipMeVyaQCD8EhC9_jci3OB9tdz6PubUNMapFuRk5cmw-RpOSFVaUw-cRDP44upGEQ?key=WFVDhEBLBDwWOKdzJv12afWQ" alt="">
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In the short term, the TRUMP price appears to have accomplished a parabolic recovery and is stuck within a descending parallel channel. Now that the token is testing the upper resistance of the channel, a breakout is expected but the stochastic RSI suggests a small pullback could be on the cards. Therefore, the MAGA price is expected to slightly drop to $3.2 or $3.1, which may be followed by a strong breakout.&nbsp;  
The MACD suggests a trend reversal could be fast approaching as the selling pressure has faded with the levels about to undergo a bullish crossover. This move may lead the rally above $4 and positive election results may elevate the levels to even a double-digit figure. However, the market specialists and analysts have been suggesting to be vigilant over the TRUMP price rally as a major drop could erase all the gains in just a few moments.&nbsp;

DOGE & MOG Thrive While CAT & TRUMP Face Pullback: Is It the Right Time to Bet on MAGA?

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