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Super Trump (STRUMPUSD) Price to Increase Further

Johnathon Fox
07/09/2024 | UPDATED ON: 07/09/2024

Super Trump (STRUMPUSD) Price Forecast: July 9
STRUMPUSD price tends to increase further as the bulls currently remain dominant in the market. This is possible, if the bulls could push higher and put a hold on the current support level at $0.00146, the market price may turn upside further and remain stable above the $0.00187 high mark, which might increase to a $0.00190 upper resistance value, indicating an overall bullish market sentiment for Super Trump.

Key Levels:
Resistance Levels: $0.00155, $160.00, $165.00
Support Levels: $0.00130, $0.00129, $0.00128

STRUMP (USD) Long-term Trend: Bullish (1H Chart)
The long-term market value of Super Trump is poised to increase further. This is clear as we can see the prices trading slightly above resistance levels, indicating an uptrend.
Super Trump (STRUMPUSD) Price to Increase Further
During yesterday’s session, the pair touched and held the $0.00151 resistance level. This has made it possible for the coin to remain in an uptrend in its recent high.

After completing the lows at the $0.00151 level, the bulls made a pullback to the $0.00149 high point slightly above the EMA-50 as the 1-hourly chart opens today, resulting in an intraday gain for the coin buyers.

Meanwhile, with strong buying pressure and positive market sentiment, the coin has the potential to increase further and attract more investors. Thus, a breakout above the $0.00187 previous swing high would provide an opportunity for buyers to regain control and potentially drive the coin price toward the upper resistance area.

Additionally, staying above the supply levels will give the STRUMPUSD price the tendency to increase further. Therefore, if the bulls could push harder, the coin price might bounce up to the $0.00190 upper resistance level and beyond in the nearby days in its higher time frame.

STRUMP (USD) Short-term Trend: Bullish (15-Minute Chart)
On the lower time frame, the STRUMPUSD pair may increase further as the coin price is trading above the moving averages and has confirmed a bullish momentum breaking the previous high. The pair is in a smooth uptrend as can be seen from the chart below.
Super Trump (STRUMPUSD) Price to Increase Further
The increase in the momentum by the bulls at the $0.00150 supply value during yesterday’s session has enabled the Super Trump price to stay strong above the resistance lines in its recent price level.

The market price of STRUMPUSD which increases from $0.00148 to the $0.00149 high level above the moving averages suggests an uptrend in the context of the strength of the market. Thus, the coin price could increase further if the bulls can add more force to the buying pressure and close the 15-minute chart above the $0.00160 supply value, attracting more investors.

Hence, the pair pointing up on the daily stochastic means that the coin price may increase further, and suggests a possible recovery of $0.00190 supply level in the coming days in the medium-term time frame.

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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 →
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