GMT Technical Evaluation Report | Twenty ninth-December-2022

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Step one towards the transfer to earn non-fungible token (NFT) video games powered by Solana’s blockchain is STEPN. STEPN permits customers to earn tokens by strolling, jogging, or working outside in NFT sneakers. STEPN aspires to encourage thousands and thousands of individuals to undertake a greater way of life by bringing them nearer to the Internet 3 period whereas serving to to realize carbon neutrality. GMT’s worth soared 34,000% in simply 41 days, from $0.01 on March 9, 2022, to a brand new excessive of $3.45 on April 19, 2022. The token has had a fall in worth by virtually 4% whereas international quantity elevated by 17.3% within the final 24 hours.
On the time of writing, GMT was buying and selling at $0.2478

GMT Chart
GMT has been buying and selling in a downtrend over the previous seven months and the costs have plunged virtually by 94% from the all-time excessive of $4.17. The asset began consolidating in a variety from $0.34 to $0.425. It lastly gave a breakout on the draw back of the vary and dropped to $0.2417. At present, GMT is buying and selling close to its lows, forming a ‘Decrease High Decrease Backside’ sample. The down sloping Transferring Averages signifies extra weak point, nonetheless, RSI is within the oversold area. The asset has a powerful assist at $0.175.
Help 2Support 1AssetResistance 1Resistance 2$0.175$0.24GMT$0.33$0.45

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