The GME crypto has performed well in the last month, increasing by 1455%. GME (POLONIEX: GME) has a positive year-to-date return of 2400% and a three-month return of 310%.
At press time, the GME price has traded at $0.0157 with an intraday surge of 300%, its market cap stands at $93.226 Million, and its 24-H trading volume was $256.376 Million. There are 6.88 Billion tokens in circulation.
The past price structure of GME highlights that during a period of consolidation, the trading price of the GME crypto had formed a descending triangle pattern which it broke out of on June 3rd, 2024.
In particular, this breakout has led to a significant surge in the trading price and volume of the GME crypto, thus it indicated by a strong bullish candle, suggesed the potential for further price surges.
The GME crypto's price has surpassed the 50-day EMA on the daily chart and broken through the Bollinger Band, indicating a strong breakout from the consolidation phase.
Similarly, the MACD and signal line have formed a golden cross and are holding above the zero level, indicating a bullish trajectory for the GME crypto's price.
Additionally, the RSI has entered the overbought zone after breaking above the 14-day SMA, signaling a strong increase in the crypto's momentum.
If the breakout continues to be this strong, the next targets for the GME price could be $0.02500 and $0.03000. Conversely, if the GME price falls and fails to stay above the $0.00350 level, it could decline further.
At press time, the GME price has traded at $0.0157 with an intraday surge of 300%, its market cap stands at $93.226 Million, and its 24-H trading volume was $256.376 Million. There are 6.88 Billion tokens in circulation.
The past price structure of GME highlights that during a period of consolidation, the trading price of the GME crypto had formed a descending triangle pattern which it broke out of on June 3rd, 2024.
In particular, this breakout has led to a significant surge in the trading price and volume of the GME crypto, thus it indicated by a strong bullish candle, suggesed the potential for further price surges.
The GME crypto's price has surpassed the 50-day EMA on the daily chart and broken through the Bollinger Band, indicating a strong breakout from the consolidation phase.
Similarly, the MACD and signal line have formed a golden cross and are holding above the zero level, indicating a bullish trajectory for the GME crypto's price.
Additionally, the RSI has entered the overbought zone after breaking above the 14-day SMA, signaling a strong increase in the crypto's momentum.
If the breakout continues to be this strong, the next targets for the GME price could be $0.02500 and $0.03000. Conversely, if the GME price falls and fails to stay above the $0.00350 level, it could decline further.