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Super Trump (STRUMPUSD) Price Is Heading Towards the $0.035 Upper Channel

Johnathon Fox
06/28/2024 | UPDATED ON: 06/28/2024

Super Trump (STRUMPUSD) Price Forecast: June 28
STRUMPUSD is facing a new correction, heading towards the $0.030 upper channel to provide a stronger foundation for further price increases. A possible breakout from the $0.016 current supply level will offer a higher footing for prices to bolster further price rallies, extending the potential rally to hit the $0.031 previous high and $0.035 upper channel, resulting in a high profit for the coin investors.

Key Levels:
Resistance Levels: $0.014, $0.015, $0.016
Support Levels: $3.300, $3.200, $3.100

STRUMP (USD) Long-term Trend: Bullish (4H Chart)
Super Trump price is bullish on the higher time frame. The price is heading towards the upper channel above the moving averages due to the high impact from buyers.
Super Trump (STRUMPUSD) Price Is Heading Towards the $0.035 Upper Channel
The high order flow from the bulls to the $0.013 high value during yesterday’s session also added to this bullishness. However, the bulls are set to swing up the coin price as it heads towards the upper channel.

The current price of the STRUMUSD pair at the $0.016 high level above the EMA-50 as the 4-hourly session opens today indicates an uptrend in the context of the strength of the market. This gives room for a more bullish impact on the market.

Hence, a strong push by the bulls above the $0.031 supply level will offer a strong footing for buyers, leading the coin price toward the upper resistance to stabilize the bullish momentum.

Additionally, the price of Super Strump pointing upwards on the daily stochastic means that further upside is certain. It is therefore expected that the buy investors will move the price action up and may likely hit the $0.35 upper resistance level soon as the coin price is heading towards the upper channel in its higher time frame.

STRUMP (USD) Short-term Trend: Bullish (1H Chart)
STRUMUSD pair is showing a more bullish impact in its short-term time frame. The bulls are driving the coin price towards the upper channel and having the market at their disposal.
Super Trump (STRUMPUSD) Price Is Heading Towards the $0.035 Upper Channel
The bullish pressure at the $0.013 supply level in the past few hours has enabled the crypto price to head towards the upper channel above the supply trend levels in its recent high.

The bulls made an impressive move up with a long bullish candle to the $0.016 resistance level above the EMA-50 shortly after the 1-hourly chart opens today. This however makes it possible for the Super Trump price to rise further.

Trading above the moving averages will enable the market value of STRUMPUSD to keep heading towards the upper channel.

Thus, closing the 1-hourly session above the $0.016 current supply value will put the trade more on the buy side, leading the coin price toward the upper channel.

Similarly, the price signal which is pointing upwards indicates that the trend will remain in an uptrend, if buyers should intensify their tension in the market and the prices break above the current resistance trend line, a bullish trend continuation towards the upper channel at $0.035 upper resistance level is possible soon in the short-term outlook.

Buy Super Trump on Longhornfx

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About Johnathon Fox

Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.

View all posts by Johnathon Fox →
Previous Post: « Dash 2 Trade (D2T/USD): Bulls Find Refuge at $0.0030
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