GME Price Prediction: As Roaring Kitty Posts On X And JP Morgan Increases GameStop Stake, This Pepe Derivative’s ICO Closes On $37 Million

The
GME
price
has
jumped
more
than
2%
in
the
last
24
hours
to
trade
at 

$0.0002873
as
of
3:20
a.m.
EST
on
a
46%
plunge
in
trading
volume
to
$990K.

This
jump
in
GME’s
price
comes
after
JPMorgan
Chase
&
Co
significantly
increased
its
stake
in
GameStop
Corp.
(NYSE:
GME).

BREAKING????
JP
Morgan
increases
stake
in
GameStop

$GME
by
48.93%

pic.twitter.com/hIyyDhHahA

—
X
Market
News????
(@xMarketNews)

December
27,
2024

According
to
an
amended
13F-HR
filing
on
Dec.
26,
the
firm
reported
owning
774,096
shares
as
of
Sept.
30,
valued
at
$17.75
million.
This
represents
a
48.93%
increase
from
the
519,757
shares
disclosed
in
a
previous
filing.
The
current
value
of
JPMorgan’s
position
has
risen
to
$25.54
million.

Additionally,
Keith
Gill
shared
a
cryptic
image
of
a
wrapped
Christmas
gift
on
X,
which
quickly
went
viral
and
garnered
millions
of
views.

pic.twitter.com/RLv8w97uPp

—
Roaring
Kitty
(@TheRoaringKitty)

December
25,
2024

The
post
sparked
a
buying
frenzy,
driving
GME
stock
prices
sharply
upward.

Despite
this
recent
surge,
Wall
Street
analysts
remain
skeptical
about
the
future
trajectory
of
GME
stock.

GME
Price
Signals
A
Rebound
Within
A
Pennant

The
GME/USD
market
chart
on
the
4-hour
timeframe
shows
a
strong
bullish
rally,
initially
driven
by
a
parabolic
move
indicated
by
the
yellow
curve
line.
This
upward
momentum
propelled
the
price
significantly
higher,
after
which
a
period
of
consolidation
began,
forming
a
bullish
pennant.

This
pattern,
composed
of
converging
support
and
resistance
lines,
is
a
continuation
formation
often
preceding
further
upward
movement.
Following
the
breakout
from
this
pennant,
the
price
surged
upward
toward
the
chart’s
“Reward
zone,”
indicating
a
measured
price
target
near
$0.0004500
based
on
the
pennant’s
height.

GMEUSD
Analysis
Source:
Dextools.io

The
most
critical
support
level
lies
around
$0.0002500,
where
the
price
has
repeatedly
shown
resilience
by
bouncing
back.

This
level
is
reinforced
by
its
proximity
to
the
50-period
Simple
Moving
Average
(SMA),
currently
at
$0.00028471,
which
acts
as
dynamic
support
or
resistance
depending
on
the
price’s
position
relative
to
it.
The
200-period
SMA,
at
$0.00022993,
remains
far
below
the
current
price,
affirming
the
overall
bullish
trend
in
the
market
over
the
longer
term.

GME
Price
Prediction:
Bulls
Anticipate
More
Uptrend

The
Moving
Average
Convergence
Divergence
(MACD)
on
the
4-hour
chart
shows
a
slightly
positive
histogram,
indicating
weak
bullish
momentum.
However,
the
MACD
and
signal
lines
are
converging,
suggesting
the
need
for
caution
as
momentum
could
shift
if
buying
pressure
does
not
intensify.

On
the
other
hand,
the
Relative
Strength
Index
(RSI)
is
currently
at
47.73,
sitting
in
neutral
territory.
This
value
indicates
that
the
market
is
neither
overbought
nor
oversold,
leaving
more
opportunity
for
further
GME
price
movements
in
either
direction.

The
chart
also
marks
a
potential
price
target
near
$0.0004500,
which
represents
the
projected
height
of
the
bullish
pennant
breakout.
This
“Reward
zone”
serves
as
an
optimistic
target
for
bullish
traders,
signaling
a
continuation
of
the
uptrend
if
momentum
sustains.

However,
the
downside
risk
lies
in
a
potential
failure
to
hold
the
$0.0002500
support
level.
A
breakdown
below
this
level
could
lead
to
a
bearish
shift,
negating
the
bullish
structure
and
potentially
driving
prices
lower.

Wall
Street
Pepe
Presale
Closes
On
$37Million
–
Best
Meme
Coin
To
Buy
Now?

As
the
GME
price
gears
up
for
more
bullish
momentum,
investors
are
rushing
to
buy

Wall
Street
Pepe
(WEPE),
a
PEPE-inspired
derivative
that
has
already
raised
over
$36.3
million
during
its
presale
to
make
it
one
of
the
most
successful
ICOs
of
the
year.

Crypto
analyst
and
YouTuber
ClayBro,
with
over
133K
subscribers,
predicts
that
early
WEPE
investors
could
achieve
millionaire
status
once
it
launches.

The
WEPE
token
aims
to
revolutionize
the
market
by
challenging
the
dominance
of
whales
and
empowering
smaller
traders
to
level
the
playing
field.

At
the
heart
of
the
project
lies
the
rapidly
expanding
WEPE
Army,
a
community
of
passionate
degen
traders
and
skilled
analysts
who
offer
exclusive
market
insights
and
expert
trade
recommendations.

This
dynamic
community
provides
its
members
with
the
tools
and
knowledge
necessary
to
compete
effectively
with
secretive
whale
investors
and
other
industry
professionals.
Investors
can
join
the
WEPE
Army
by
purchasing
WEPE
tokens
at
a
price
of
$0.0003657 using
cryptocurrency
or
bank
cards.

Token
holders
gain
access
to
the
community’s
lucrative
trade
strategies
and
can
also
benefit
from
the
platform’s
staking
feature
to
maximize
their
investments.

Logging
in
to
say
Merry
Christmas
to
the
frog
army.
Lets
get
it.
????
⚔️

pic.twitter.com/NDLuJAPsQv

—
Wall
Street
Pepe
(@WEPEToken)

December
25,
2024

Currently,
staking
offers
an
impressive
35%
annual
percentage
yield
(APY),
allowing
investors
to
earn
substantial
returns
while
preparing
for
their
next
move.

WEPE
has
drawn
comparisons
to

Pepe
Unchained
(PEPU)
as
well,
which
raised
almost
$74
million
in
its
presale
and
went
parabolic
after
launch.
However,
WEPE
is
already
outpacing
PEPU
in
terms
of
funds
raised
and
is
on
track
to
become
the
leading
presale
of
2024.
Investors
interested
in
WEPE
should
act
quickly,
as
a
price
increase
is
due
in
about
4
hours.

Buy
WEPE
tokens
here.

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