GSTOP Plunges 9% After Kitty Reddit Post Shows Huge GME Investments And PlayDoge ICO Goes Parabolic.

GameStop’s price has fallen 9% over the past 24 hours, trading at $0.00328 as of 4 a.m. ET, with trading volume up 55% to $14.4 million.

The price of the token fell after Keith Gill, known as Roaring Kitty in

Gill, known as DeepFuckingValue on Reddit, caused the price of GameStop (GME) to skyrocket 250% in the last 24 hours even as the GSTOP token plummeted.

After attempting to reach the resistance of $0.0050, the token suddenly plummeted to $0.0032.

GameStop price prediction

GameStop (GSTOP) has seen significant volatility over the past few days. For the most part, the token fluctuated between resistance at $0.0050 and support at $0.0030.

On May 30 and 31, the project briefly rose to $0.0060, but quickly corrected and returned between the previously mentioned levels.

Now, with renewed interest in GameStop, Roaring Kitty, and the meme sector in general, GSTOP tokens could potentially see another price surge in the near future.

Several trading signals point to the fact that the price may soon rise, such as Bollinger Bands. The Bollinger Bands are much wider as the new week begins than at any point in the past four days.

This is a very bullish signal that should not be ignored by anyone looking to profit from GameStop.

Another signal suggesting major gains coming is the project’s Relative Strength Index (RSI) value, which has recently increased slightly towards neutral territory after crashing into oversold territory.

This means that many people sold GSTOP to take profits over the weekend and ended up overselling their tokens. Then, once oversold territory was reached, traders moved in to buy the dip. So far, the bullish momentum that has started to build from these traders has only pushed the RSI score back into neutral territory, but as more traders and investors get involved, it will likely surge back into overbought territory, continuing the cycle.

Or, if the price rallies, it may continue to rise. For now, a new attempt to surge back to $0.0050 is expected, but increased volatility means traders should be prepared for anything in the coming days.

A promising alternative to GameStop

GameStop is hard to predict and can spike when you least expect it, but investors looking for something with real long-term prospects might consider buying PlayDoge (PLAY).

This is a project that involves a mobile-based play-to-earn game that transforms the iconic Doge meme into a Tamagotchi-style 2D digital pet.

The project launched on May 28 and has already raised more than $1.49 million, indicating huge demand.

PlayDoge spans three key industries with significant future growth potential: gaming, P2E, and meme coins.

Anyone who wants to invest in PLAY can do so using BNB, ETH, USDT or credit/debit cards.

Buy PlayDoge from the official website here.

Related articles:

PlayDoge (PLAY) – Latest launch on BNB chain

• 2D Virtual Doji Pet
• Play to get Meme Coin Fusion
• Staking and in-game token rewards
• SolidProof Thanks – playdoge.io