GameStop Price Prediction: GSTOP surges 56%, but time waits for no one as investors rush to buy this Dogecoin derivative

GameStop shares surged 56% in the past 24 hours to $0.003680 per share, with trading volume rising 21% to $6.9 million. GameStop shares are expected to break through the current resistance level.
Since its IPO, GameStop's stock price has been rising steadily, setting new highs every day. According to data from GeckoTerminal, bulls have used the major support level of $0.002390 to push the stock price higher over the past two days, ultimately hitting an all-time high of $0.005895 in the past day.
However, the resistance at $0.005895 allowed the bears to push the share price down slightly but it is still ranging within a bullish triangle-like range.
GameStop stock is trading well above the 50-day simple moving averages (SMAs), which is acting as a critical support level at $0.003250.
However, the Relative Strength Index (RSI) is correcting back from the overbought zone and is currently trading at oversold levels around 48.
Additionally, the Average Directional Index (ADX) rose to 36, above the 25 level, indicating that GameStop remains in a strong bullish trend.
GameStop share price technical analysis shows a bullish bias, with bulls seeking to carry the stock above the $0.005895 resistance with a target of $0.008490.
However, if the bears apply more pressure, the GameStop stock price will break the $0.003250 support and reach the next support at $0.002838, which acts as a buffer against the downside pressure.
While GameStop shares are trying to reverse course and hit new all-time highs, other memecoin enthusiasts are buying into Dogeverse, which has raised more than $15 million in its ICO and is now offering investors a last chance to buy.
According to well-known cryptocurrency YouTuber Jacob Bury, Dogeverse has the potential to skyrocket 100x after its launch.
The idea of Dogeverse (DOGEVERSE) is Cosmo, a dog jumping in the blockchain world by connecting six blockchains (Ethereum, BNB Smart Chain, Polygon, Solana, Avalanche, and Layer 2 Base) using Portal Bridge and Wormhole technology.
The Dogeverse ICO is coming to an end, and the last opportunity to participate will end at 10am UTC on June 3, after which claims will begin at 10am UTC on June 5.
You can earn passively with an annual yield of 48% through Dogeverse’s staking system.
You can buy $DOGEVERSE in the presale for $0.00031 USD. However, buy it as soon as possible before the team lists the token on major exchanges.
Buy $DOGEVERSE on the official website using ETH, USDT or bank card.
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Dogeverse – Multi-chain meme coin
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