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Cyb3rgam3r420 (GAMER) price action on the 2-hour timeframe shows day traders are active. The price oscillates between the $0.000007992 and $0.00001938 range, suggesting many open positions as longs and shorts pursue profit. In the meantime, the odds still favor the upside, and Gamer could make a 35% run.
For the most part, the Cyb3rgam3r420 token has been associated with X (formerly Twitter) CEO Elon Musk, with rumors that the technology billionaire allegedly helped the token gain awareness.
Testing game streaming
— Elon Musk (@elonmusk) October 2, 2023
Allegedly, Musk set up an alternative account called cyb3rgam3r420 and is currently streaming his first game. Someone leveraged this reach to launch a token with the same name. Musk’s original intention was to prove the capability of the X platform in live-streaming games.
Regardless, the association, which could be mere chatter, has inspired bullishness around the Gamer narrative, with cyb3rgam3r420 and its community pursuing the gamer streaming rollout on giant social media platform X.
Just a quick test of X video game streaming https://t.co/5NCsDczpT4
— Gamer (@cyb3rgam3r420) October 2, 2023
Owing to its purported association with Musk, the cyb3rgam3r420 account manages an average of 70 gaming-related tweets per second.
staggering 70 gaming-related tweets per second! 🎮🐦
6/ Elon Musk, never one to shy away from innovation, shared his excitement with a tweet from his gaming handle, saying, "Just a quick test of X video game streaming." 🕹️
— gamepulseHQ (@HMMH67741005) October 5, 2023
Cyb3rgam3r420 Price Analysis
Cyb3rgam3r420 price is bullish, trailed by the Parabolic Stop and Reverse (SAR). This price-tracking indicator shows traders’ potential entry and exit points. This indicator shows that traders who bought Gamer at $0.000007992 are currently sitting on unrealized profits of up to 90%.
With momentum still rising, indicated by the climbing Relative Strength Index (RSI) Cyb3rgam3r420 price could continue ahead. This move could see Gamer token flip the immediate hurdle at $0.00001938 into a support floor. A break and close above this level would constitute a 35% ascent. Notably, the significance of this roadblock comes as it marks the rejection point for the last higher high.
While a decisive 2-hour candlestick close above it would clear the formidable barricade, confirmation for an uptrend would only happen once the altcoin breaches the $0.00002500 psychological level. This could stabilize the Gamer market, marking the collection of the buy-side liquidity resting above.
The bullish thesis draws support from rising momentum, indicated by the Relative Strength Index (RSI) moving north. Its position above the 50 mark shows strong price strength, increasing upside potential. The Moving Average Convergence Divergence (MACD) indicator is also inclined to the north, bolstered by green histogram bars to support the optimistic supposition. In the same way, the Awesome Oscillator (AO) remains in the positive territory.
Conversely, despite the bullish outlook of the MACD, it is impossible to ignore their paling histogram bars. This shows that the strength, direction, and momentum of Cyb3rgam3r420’s price are softening, threatening the upside potential. If sellers take over, the price could pull south, with the $0.000007992 marking the invalidation level for the bullish outlook.
While we continue to watch the GAMER price action, consider TGC, the native asset for the TG.Casino project. It advertises as the world’s number one Telegram casino, offering users an exclusive online, anonymous crypto gambling avenue.
https://www.youtube.com/watch?v=2_qjQmqU2Cc
Cyb3rgam3r420 (GAMER) Alternative
TG.Casino is a fully licensed online casino, and the latest project by Jim AI Studios was launched as a new Plinko gambling product.
Kind reminder that @JimAIstudios launched their second game less than 48h ago.
We’re only getting started!
Oh and you can still earn up to 20% on referrals.https://t.co/R20LQHb8P0 pic.twitter.com/g2pkDITekF
— The Crypto Monk (@thecryptomonk) September 29, 2023
Stepping into the ever-growing Web3 gambling space, cryptocurrency start-up TG.Casino presents the next generation of Web3 GambleFi products. It builds from where platforms such as Rollbit, Hamsters, and Stake.com left off, taking the industry by storm. Now, users can enjoy record-speed deposits and withdrawals without any KYC but still uphold safety and transparency.
The project debuted on Telegram only recently, intending to leverage the messaging application’s 700+ million user base. More on telegram, how often do you see an automation feature on a gambling platform?
https://t.co/dAmsDH0w5b is LIVE!
All new Telegram-only casino with licensed games and no KYC!
MEGA COMPETITION with $5k of prizes coming up!
If you deposit $25 or more of your favored Cryptocurrency you will get a 200% match bonus (up to 10 Eth) + 200 Free Spins on Monday… pic.twitter.com/NlS07VCzjO
— alqsy 🌟 (@alqsyy) September 30, 2023
The project is live with the presale, where tokens are selling fast. With the listing price of $0.125, the website records almost $417,000 tokens already sold. This comes as the project closely edges to the soft cap target of $1,000,000. To get in early, buy TGC now using Ethereum (ETH) or Tether (USDT).
The $TGC presale is live – your golden ticket to exclusive rewards and benefits from casino profits.
Don't miss out!⭐️What's Live from https://t.co/1CivTnIx4Z⭐️
⏰ Token Presale
💵Token Staking for Rewards
🎰Casino⌛️ Coming Next⌛️
📢 Huge Marketing
🪙Token Launch pic.twitter.com/TdHvbI7GV1— TG Casino (@TGCasino_) September 29, 2023
The project also has a staking feature running, with Annual Percentage Yields (APY) going as high as 1039.18%.
Buy TGC on BNB Smart Chain here
Also Read:
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- Casino’s Presale Surges: Grab $TGC Before the Boom!
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