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Save your seatRIOT ran from roughly $16 in mid-April to $27.14 by May 29, 2026 off strong Q1 results, a bigger AMD data center lease, and Bitcoin strength.
The stock has the potential to go down if it loses $24, which could bring a retrace toward $21 to $22. Any Bitcoin weakness or signs the AMD buildout is slipping would accelerate the downside.
If RIOT holds the $24 to $25 zone on volume, a push back toward $28.50 is on the table. Resistance near $27.50 to $28.50 is the first hurdle, and a clean break could open fresh highs.
We don't currently have information about Riot Platforms Inc.'s earnings.