AMC Price Prediction: AMC Explodes 1,047% As GameStop, AMC Shares Soar On Roaring Kitty Return And This ICO Goes Ballistic

The
AMC
price
went


ballistic

with
a
1,047%
pump
in
the
past
24
hours
to
trade
at
$0.0001895
as
of
7:35
a.m.
EST
as
investors
pile
into
the
crypto
amid
a
FOMO
frenzy.

The
AMC
price
surge
follows
a
comeback
post
on
X
by
Roaring
Kitty,
the
man
at
the
center
of
the
meme
stock
craze.
Posting
for
the
first
time
in
nearly
three
years,
shares
of


GameStop

and


AMC

also
jumped
about
50%
during
pre-market
trading
today.

pic.twitter.com/YgjVqtgcNS

—
Roaring
Kitty
(@TheRoaringKitty)

May
13,
2024

The
market
capitalization
of
meme
coins
jumped
more
than

5%
amid
a
new
outbreak
of
meme
coin
mania
fuelled
by
Roaring
Kitty,
whose
real
name
is
Keith
Gill.  

The
AMC
Price
Breaks
Multiple
Resistance
Levels

1-hour
chart
for
AMC/USD
(Source:


GeckoTerminal)

The


AMC

price
was
able
to
break
above
the
$0.01705
and
the
$0.02387
resistance
levels
in
the
past
24
hours.
Bulls
are
now
trying
to
push
the
crypto’s
price
above
$0.03140
as
well.

Closing
a
4-hour
candle
above
$0.03140
in
the
next
12
hours
could
give
the
altcoin
a
strong
technical
foundation
to
rise
from
in
the
short
term.

However,
a
rejection
from
the
$0.03140
resistance
in
the
next
24
hours
might
invalidate
this
bullish
thesis.
In
this
alternative
scenario,
the
AMC
price
will
likely
retest
the
recently-breached
$0.02387
mark.

Continued
sell
pressure
should
AMC
fall
to
$0.03140
could
then
lead
to
the
altcoin
dropping
to
the
subsequent
support
level
at
$0.01705.
An
extremely
bearish
scenario
might
see
sellers
force
AMC
down
to
as
low
as
$0.01024.

The
AMC
Price
Might
Have
The
Technical
Support
To
Keep
Rising

Technical
indicators
on
AMC’s
hourly
chart
suggest
the
crypto
could
keep
climbing
in
the
next
12
hours.
More
specifically,
the
Moving
Average
Convergence
Divergence
(MACD)
and
the
Relative
Strength
Index
(RSI)
indicators
hint
at
a
continued
price
increase.

This
is
after
the
MACD
line
rebounded
off
of
the
MACD
Signal
line
on
the
1-hour
chart
in
the
last
6
hours.
With
the
MACD
positioned
above
the
Signal
line,
it
seems
that
AMC
is
currently
in
a
positive
cycle.
AMC’s
positive
momentum
also
shows
no
signs
of
slowing
down,
with
the
MACD
breaking
away
above
the
Signal
line.

Bulls
are
stronger
than
bears
AMC’s
1-hour
chart
as
well,
which
is
signaled
by
the
RSI’s
value
above
80.
Usually,
an
RSI
above
50
is
seen
as
an
indication
of
buyer
strength.

Traders
and
investors
will
want
to
keep
an
eye
on
this
indicator,
however,
as
it
warns
that
AMC
is
currently
overbought
on
the
1-hour
time
frame.
This
is
a
classic
sell
signal,
given
the
crypto’s
downside
potential
is
greater
than
its
upside
potential. 

The
reappearance
of
Roaring
Kitty
has
also
sent
investors
flocking
to


Sealana,
a
new
Solana
meme
coin
presale
with
the
potential
to
achieve
10x
growth.

Challenging
Canine-Themed
Meme
Coins 

Up
until
now,
the
meme
coin
sector
has
been
dominated
by
dog-themed
meme
coins,
with
new
entrants
Dogwifhat
(WIF)
and
Bonk
(BONK)
stealing
most
of
the
thunder.
This
is
mainly
due
to
projects
sticking
to
the
proven
blueprint
of
the
largest
meme
coins
by
market
cap,
like
Shiba
Inu
(SHIB)
and
Dogecoin
(DOGE).

#Sealana,
making

#Memecoins
great
again!
????????

Manifesto
1⃣
No
Frogs
????
2⃣
Less
Hats
????
3⃣
Many
Whales
????
4⃣
Zero
Rugs
????
5⃣
More

$SEAL
????

pic.twitter.com/FEImgpWxWz

—
Sealana
(@Sealana_Token)

May
7,
2024

However,
the
team
behind
Sealana
(SEAL)
have
opted
for
a
more
unconventional
approach,
launching
a
seal-themed
crypto.
This
hasn’t
deterred
investors,
with
the
crypto
raising
more
than
$500k
within
the
first
two
weeks
of
its
launch.

Investors
continue
to
pour
money
into
the
meme
coin’s
ICO,
with
the
presale
recently
soaring
past
the
$780k
milestone.

Looking
To
Repeat
The
SOL
Meme
Coin
Hype

YouTuber
Tyler
Hill
recently
analyzed
Sealana.
In
the
video,
he
told
his
91.8k
subscribers
that
the
meme
coin
is
one
of
the
highest
Degen
plays
currently
in
the
market.
As
such,
he
believes
it
has
the
potential
to
generate
substantial
returns
for
investors.

Later
on
in
the
video,
he
also
revealed
that
he
personally
bought
some
of
the
meme
coin
using
some
SOL
he
holds.

Anyone
looking
to
get
in
on
the
promising
Degen
play
can
do
so
via
the
simple
buy
widget
on
the
project’s
official
website.
Selling
for
$0.022,
SEAL
can
be
bought
using
either
ETH,
BNB,
SOL,
USDT
or
a
bank
card.

Purchase
SEAL
tokens
on
the
official
website
here.

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