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Jakarta, Pintu News – Google’s (GOOGLX) share price hit a new record high today, surging more than 120 percent since April and leaving other assets far behind.
The rise accelerated after Warren Buffett’s Berkshire Hathaway revealed a $4 billion stake, and now even Nvidia (NVDAX) is publicly praising Google’s growth rate.
With Google continuing to set records and major tech companies watching closely, traders are now wondering if this surge will continue or if there is a significant potential reversal behind the scenes.
Google’s share price has been surging since April and today set a new record high during the pre-market session. Its rise from the April low (green icon) amounted to an incredible 120% surge, outperforming almost all other assets.
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In fact, this rally has been so large that some believe it is the main cause of the crypto market coming under pressure. However, Google’s share price shows no signs of slowing down, with momentum indicators continuing to strengthen.

The only potential resistance comes from Fibonacci resistance levels. Currently, Google’s price is trading at the external 2.61 Fibonacci retracement level of the previous decline. While this level could be a barrier, there are no other signals that suggest a decline is imminent.
The most likely Google price prediction currently expects the rally to continue towards $380. However, the market narrative changed again after Nvidia commented on Google’s price increase.
The world’s largest company, Nvidia, praised Google’s success.
“We’re thrilled for Google’s success – they’ve made great progress in AI, and we continue to supply them,” said a statement from Nvidia.
However, not all parties fully believe in the sincerity of the statement. Some actually think that the phrase “NVIDIA is one step ahead of the industry” is a subtle allusion to Google’s Artificial Intelligence (AI) capabilities.
The Nvidia team also added that their products offer “superior performance, flexibility, and fungibility compared to ASICs”, further heating things up.
This statement comes at an interesting time, as NVDA’s share price has fallen 15% from its high. Meanwhile, Google’s share price continues to climb and looks poised to soar even higher.
Google’s share price continues to exceed expectations, breaking through resistance levels with strong momentum. Technical indicators have not shown any signs of weakening so far, and the breakout above the all-time high further strengthens the possibility of an increase towards the $380 area.
Read also: VanEck’s Spot BNB ETF Filed, Is BNB Price Ready to Break $1,000?
However, Google is also currently just above a major Fibonacci extension level – a point where price rallies often start to slow down historically.
With comments from Nvidia fueling speculation and the tech sector becoming increasingly competitive, traders are now watching closely: will Google’s rise accelerate, or will it begin to pause.

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*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.
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