GameStop Price Prediction: GME Explodes 392% After Roaring Kitty Posts On X As Traders Rush To Buy This GambleFi Token Before It’s Too Late

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The
GameStop
price
skyrocketed
392%
in
the
last
24
hours



to
trade
at
$0.01250


as
of
02:47
a.m.
EST
on
trading
volume
that
dropped
39%
to
$8.4
million.


This
comes
as
the
leader
of
the
GameStop
saga
back
in
2021
made
an
internet
appearance
for
the
first
time
in
nearly
three
years.
Keith
Gill,
who
uses
the
pseudonym
“Roaring
Kitty,”
posted
a
gamer
meme
early
on
Monday,
and
has
since
posted
a
number
of
other
videos.


The
resurgence
of
the
GameStop
narrative
has
triggered
a
new
bout
of
meme
coin
mania
with
the
sector’s
market
cap
surging
4.4%
to
almost
$53
billion..


GameStop
Set
To
Sustain
Its
Surge
Over
The
Bullish
Pennant

GameStop Price Chart Analysis Source: Geckoterminal.com

GMEUSD
Chart
Analysis
Source:
Geckoterminal.com


The
GameStop
price
has
been
on
an
uptrend
in
the
last
two
days,
trading
through
a
markup
phase
as
it
soared
to
the
resistance
level
around
$0.0150,
data
from



Geckoterminal


shows.
However,
the
bulls
have
not
been
able
to
reclaim
this
high,
with
GME
trading
within
this
range,
forming
a
bullish
pennant
pattern.


GME
bulls
are
aiming
to
push
the
price
higher
above
the
upper
boundary
of
the
bullish
pennant.


GME
trades
well
above
both
the
50-day
and
200-day
Simple
Moving
Averages
(SMAs),
a
confirmation
of
the
general
bullish
potential
to
push
the
price
through
a
prolonged
bullish
rally.


Additionally,
the
Relative
Strength
Index
(RSI)
is
moving
towards
the
70-overbought
region,
currently
at
64,
which
indicates
increasing
interest
from
investors,
which
could
drive
GME
through
intense
buying
pressure.


The
Moving
Average
Convergence
Divergence
(MACD)
is
also
bullish,
as
the
MACD
line
(blue)
crosses
above
the
signal
line
(orange),
forming
a
bullish
crossover.
Optimistic
investors
often
use
a
bullish
crossover
as
a
signal
to
buy
more,
which
could
in
turn
push
the
price
higher.


Moreover,
the
green
bars
on
the
histogram
extend
gracefully
above
the
neutral
line,
showing
that
GME
is
currently
on
a
positive
momentum.
This
strong
bullish
trend
is
supported
by
the
readings
on
the
Average
Directional
Index
(ADX),
which
is
moving
to
the
north
above
level
50,
currently
at
70.


GameStop
Price
Prediction


The
GameStop
price
analysis
on
the
1-hour
chart
indicates
that
the
bullish
momentum
is
strong,
with
the
GME
bulls
aiming
to
push
the
price
above
the
bullish
pennant
pattern,
as
they
target
$0.0225.


However,
with
the
recent
surge,
the
bears
may
start
booking
profits,
which
could
prompt
a
price
retrace
back
to
the
support
around
$0.00464,
which
coincides
with
the
200-day
SMA.


Meanwhile,
as
the
GME
price
soars,
investors
are
also
buying
its
alternative,
Mega
Dice,
a
GambleFi
project
on
the
Solana
blockchain
that’s
already
amassed
over
$960K
in
presale.


Mega
Dice
Presale
Garners
Over
$960K

Top
GambleFi
Crypto
On
Solana



Mega
Dice
(DICE)


is
rapidly
gaining
a
reputation
as
one
of
the
fastest-growing
crypto
casinos,
boasting
over
50,000
active
players
and
a
monthly
wagering
turnover
exceeding
$50
million.


With
its
recent
ICO
launch,
Mega
Dice
became
the
first
GambleFi
project
on
the
Solana
blockchain.
It
aims
to
challenge
casino
sector
titan
Rollbit
Coin,
and
emulate
the
success
of
earlier
presales
like
TG.Casino,
which
exploded
4x
on
launch.


The
project
will
offer
daily
rewards
to
users
based
on
casino
performance.


Token
holders
also
have
an
opportunity
to
earn
passively
by



staking
$DICE
,
with
the
team
allocating
10%
of
DICE’s
total
420
million
tokens
for
staking
rewards.


According
to
99Bitcoins,
a
crypto
YouTube
channel
boasting
over
700K
subscribers,
$DICE
has
the
potential
to
surge
100x
after
launch.


If
you’d
like
to
join
the
presale,



you
can
buy
$DICE
on
the
official
website
here


for
$0.069
per
token
using
BNB,
ETH,
or
SOL.
You
can
also
earn
10%
on
any
purchases
made
by
investors
you
refer.


Related
News

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Dice

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