The price of STEPN (GMT) could be set for a major rally against Tether (USDT) after showing bullish signs.\u00a0<\/p>\n
Ethereum price saw a relief bounce from $1,600 to $1,800 ahead of merge sentiments leading to other altcoins like STEPN bouncing off from their weekly lows. (Data feeds from Binance)<\/p>\n
Price Analysis Of GMT On The Weekly Chart
\nWeekly STEPN Price Chart Analysis | Source: GMTUSDT On Tradingview.com<\/p>\n
From the chart, the price of GMT saw a weekly low of around $0.58, which bounced from that range and rallied to $1.<\/p>\n
The price has built more momentum as it faces resistance at $1.<\/p>\n
If the price of GMT on the weekly chart continues with this bullish structure, it could quickly hit the $1.7 mark.<\/p>\n
The volume shows decent buy bids, pushing the price of GMT higher.<\/p>\n
\u00a0<\/p>\n
Weekly resistance for the price of GMT \u2013 $1.<\/p>\n
Weekly support for the price of GMT \u2013 $0.63.<\/p>\n
\u00a0<\/p>\n
Price Analysis Of GMT On The Daily (1D) Chart
\nDaily Chart Analysis For STEPN Price | Source: GMTUSDT On Tradingview.com<\/p>\n
The price of GMT found strong support at around $0.58, with what seems to be an area of interest on the daily chart.<\/p>\n
GMT bounced from its support, forming a bullish trendline that acts as a support and has continued to maintain this structure.\u00a0<\/p>\n
At the point of writing, the price of GMT is at $1, trying to break above the 50 exponential moving averages (EMA), which corresponds to the resistance at $1.\u00a0<\/p>\n
If the GMT price fails to break the 50 EMA region, $0.84 would be a good support to hold sell-offs and a possible price bounce.<\/p>\n
With more buy bids, we could see the price of GMT breaking out and retesting $1.7, which has been resistance on the weekly chart.<\/p>\n
The RSI for GMT price on the daily chart is above 55, indicating healthy buy bids for GMT.<\/p>\n
The volume for GMT looks good, indicating positive signs for prices to trend higher.<\/p>\n
\u00a0<\/p>\n
Daily (1D) resistance for GMT price \u2013 $1.<\/p>\n
Daily (1D) support for GMT price \u2013 $0.84, $0.59.<\/p>\n
Price Analysis Of GMT On The Four-Hourly (4H) Chart
\nFour-Hourly Chart Analysis For STEPN Price | Source: GMTUSDT On Tradingview.com<\/p>\n
The price of GMT has shown a bullish breakout from a symmetric triangle on the 4H chart, but the price was rejected.<\/p>\n
GMT has struggled in this region, forming a range in a triangle with price rejecting from $1.1.<\/p>\n
GMT price is $0.994, trading above the 50 & 200 EMA at $0.95 on the 4H chart. This price would act as a support area for GMT on the 4H chart.<\/p>\n
\u00a0<\/p>\n
Four Hourly (4H) resistance for GMT price \u2013 $1.<\/p>\n
Four hourly (4h) support for GMT price \u2013 $0.92, $0.84.<\/p>\n
\u00a0<\/p>\n
A break below these support zones could send the price of GMT to a region of $0.80, acting as a good support area.<\/p>\n
Featured Image From Coin24h, Charts From TradingView.com<\/p>","protected":false},"excerpt":{"rendered":"
<\/p>\n
The price of STEPN (GMT) could be set for a major rally against Tether (USDT) after showing bullish signs.\u00a0<\/p>\n
Ethereum price saw a relief bounce from $1,600 to $1,800 ahead of merge sentiments leading to other altcoins like STEPN bouncing off from their weekly lows. (Data feeds from Binance)<\/p>\n
Price Analysis Of GMT On The Weekly Chart
\nWeekly STEPN Price Chart Analysis | Source: GMTUSDT On Tradingview.com<\/p>\n
From the chart, the price of GMT saw a weekly low of around $0.58, which bounced from that range and rallied to $1.<\/p>\n
The price has built more momentum as it faces resistance at $1.<\/p>\n
If the price of GMT on the weekly chart continues with this bullish structure, it could quickly hit the $1.7 mark.<\/p>\n
The volume shows decent buy bids, pushing the price of GMT higher.<\/p>\n
\u00a0<\/p>\n
Weekly resistance for the price of GMT \u2013 $1.<\/p>\n
Weekly support for the price of GMT \u2013 $0.63.<\/p>\n
\u00a0<\/p>\n
Price Analysis Of GMT On The Daily (1D) Chart
\nDaily Chart Analysis For STEPN Price | Source: GMTUSDT On Tradingview.com<\/p>\n
The price of GMT found strong support at around $0.58, with what seems to be an area of interest on the daily chart.<\/p>\n
GMT bounced from its support, forming a bullish trendline that acts as a support and has continued to maintain this structure.\u00a0<\/p>\n
At the point of writing, the price of GMT is at $1, trying to break above the 50 exponential moving averages (EMA), which corresponds to the resistance at $1.\u00a0<\/p>\n
If the GMT price fails to break the 50 EMA region, $0.84 would be a good support to hold sell-offs and a possible price bounce.<\/p>\n
With more buy bids, we could see the price of GMT breaking out and retesting $1.7, which has been resistance on the weekly chart.<\/p>\n
The RSI for GMT price on the daily chart is above 55, indicating healthy buy bids for GMT.<\/p>\n
The volume for GMT looks good, indicating positive signs for prices to trend higher.<\/p>\n
\u00a0<\/p>\n
Daily (1D) resistance for GMT price \u2013 $1.<\/p>\n
Daily (1D) support for GMT price \u2013 $0.84, $0.59.<\/p>\n
Price Analysis Of GMT On The Four-Hourly (4H) Chart
\nFour-Hourly Chart Analysis For STEPN Price | Source: GMTUSDT On Tradingview.com<\/p>\n
The price of GMT has shown a bullish breakout from a symmetric triangle on the 4H chart, but the price was rejected.<\/p>\n
GMT has struggled in this region, forming a range in a triangle with price rejecting from $1.1.<\/p>\n
GMT price is $0.994, trading above the 50 & 200 EMA at $0.95 on the 4H chart. This price would act as a support area for GMT on the 4H chart.<\/p>\n
\u00a0<\/p>\n
Four Hourly (4H) resistance for GMT price \u2013 $1.<\/p>\n
Four hourly (4h) support for GMT price \u2013 $0.92, $0.84.<\/p>\n
\u00a0<\/p>\n
A break below these support zones could send the price of GMT to a region of $0.80, acting as a good support area.<\/p>\n
Featured Image From Coin24h, Charts From TradingView.com<\/p>\n
<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"colormag_page_layout":"default_layout","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[82],"tags":[],"class_list":["post-5247","post","type-post","status-publish","format-standard","hentry","category-blockchain"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/posts\/5247","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/comments?post=5247"}],"version-history":[{"count":0,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/posts\/5247\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/media?parent=5247"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/categories?post=5247"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/tags?post=5247"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}