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The GameStop price soared 56% in the last 24 hours to trade at $0.003680 as of 00:12 a.m. EST on trading volume that rose 21% to $6.9 million.
GameStop Price Set To Soar Over The Current Resistance Level
The GameStop price has been on a steady rise since its launch, registering new highs every day. In the last two days, the bulls have capitalized on the major support level at $0.002390 to push the price in the last day through a markup phase as it hit an all-time high (ATH) of $0.005895, data from GeckoTerminal shows.
However, the resistance at $0.005895 has allowed the bears to drive the price slightly down to the current price while still fluctuating within what resembles a bullish pennant pattern.
GSTOP trades well above the 50-day Simple Moving Averages (SMAs), which act as the critical support level at $0.003250.
The Relative Strength Index (RSI) is, however, on a retrace from the overbought region, as it trades down to the oversold levels, currently at 48.
Moreover, the Average Directional Index (ADX) is moving up to 36 above level 25, indicating that GSTOP is still on a strong bullish trend.
GameStop Price Prediction – Bulls Aiming For A New ATH
The GameStop price technical analysis shows a bullish bias, with the bulls aiming to push the price above the $0.005895 resistance, as they aim for $0.008490.
However, if the bears exert more pressure, GSTOP will breach the $0.003250 support level to reach the next support level at $0.002838, which acts as a cushion against downward pressure.
As the GSTOP price aims for a reversal towards a new ATH, other meme coin enthusiasts are buying Dogeverse, which has raised more than $15 million in its blowout ICO and is now giving investors a last chance to buy.
According to Jacob Bury, a prominent crypto YouTuber, Dogeverse has the potential to surge by 100X after its launch.
Dogeverse Now Offering A Last Chance To Buy After Over $15 Million Raise
The Dogeverse (DOGEVERSE) idea follows Cosmo, a chain-hopping Doge that navigates the blockchain world by using Portal Bridge and Wormhole technology to connect six blockchains: Ethereum, BNB Smart Chain, Polygon, Solana, Avalanche, and Layer 2 Base.
🌐 Embracing Inclusive Accessibility! 🚀
$DOGEVERSE opens its doors to a wide audience, from #Ethereum aficionados to those preferring the rapid, cost-effective benefits of #Solana or #Polygon, fostering a diverse and inclusive community. 🐕🌟 pic.twitter.com/sXPOvaoz67
— DogeVerse (@The_DogeVerse) April 12, 2024
The Dogeverse ICO is on the brink of its conclusion, with the final opportunity to participate coming to an end on June 3 at 10 a.m. UTC. Claims will then commence thereafter on June 5 at 10 a.m. UTC.
Get ready to blast off with Cosmo! 🚀🌀
⏳ #Presale ends on June 3rd at 10 AM UTC!
🌐 Claim launches on June 5th at 10 AM UTC!
This is your LAST CHANCE to join Cosmo on his #Blockchain adventures before the official launch! 🌌
Don’t miss out! The clock is ticking! 📣… pic.twitter.com/QwpzWcm947
— DogeVerse (@The_DogeVerse) May 23, 2024
You can earn passively through Dogeverse’s staking system, with an impressive 48% annual percentage yield (APY).
You can participate in the presale by buying $DOGEVERSE for $0.00031 per token. Buy soon, though, before the team launches the token on major exchanges.
Buy $DOGEVERSE on the official website here using ETH, USDT, or a bank card.
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