Mathisen Marketing

Your Marketing Blog

STEPN (GMT) Price Prediction — Will GMT Hit $3 Soon?

STEPN (GMT) Price Prediction — Will GMT Hit $3 Soon?

As an affiliate, we may earn from qualifying purchases. We get commissions for purchases made through links on this website.

Receive $10 in Bitcoin when you buy or sell $100 or more on Coinbase! https://mathisenmarketing.com/coinbase

  • The bullish GMT price forecast is $0.8315-$2.2479.
  • STEPN (GMT) price may also reach $3 soon.
  • The bearish GMT price forecast for 2022 is $0.5412.

In STEPN (GMT) Price Forecast 2022, we use statistics, price patterns, RSI, RVOL and other GMT data to analyze the future movement of the cryptocurrency.

STEPN (GMT) Current market state

According to CoinGecko, STEPN (GMT) is trading at $0.752792 with a 24-hour trading volume of $279,032,494 at the time of writing. However, GMT has gained almost 8.7% in the last 24 hours.

Also, the cycle of STEPN (GMT) is 600,000,000 GMT. Currently, STEPN (GMT) trades on cryptocurrency exchanges such as Binance, P2PB2B, Whitebit, OKX and FTX.

What is STEPN (GMT)?

STEPN (GMT) is the administrative code of STEPN. STEPN is a Move-to Earn (M2E) NFT game built on the Solana blockchain. This web3 lifestyle app was created by Australia’s FindSatoshiLabs and released in late 2021.

STEPN uses a dual token model: Green Metaverse Token (GMT) and Green Satoshi Token (GST). GMT serves as the administrative token, while GST is used to purchase in-game elements such as STEPN’s famous NFT loops. STEPN allows users to earn cryptos for running, walking or jogging.

STEPN (GMT) Price Prediction 2022

STEPN (GMT) is currently ranked #103 on CoinGecko. GMT price forecast 2022 is explained below with daily time frame.

GMT/USDT Falling Wedge Pattern (Source: Trading view)

The GMT chart above showed a Falling Wedge pattern. In a descending wedge pattern, both the upper trendline connecting the highs and the lower trendline connecting the lows converge downwards. A wedge pattern usually indicates a trend reversal. In particular, a falling wedge signifies a bullish reversal.

This pattern suggests a breakout of the price trend towards the upside.

Currently, STEPN (GMT) is between $0.7832. If the pattern continues, GMT price may reach the resistance levels of $0.8227 and $1.1238. If the trend reverses, the price of GMT could drop to $0.6327.

STEPN (GMT) support and resistance levels

The table below shows the support and resistance levels for STEPN (GMT).

GMT/USDT support and resistance level (Source: Trading view)

From the daily time frame above, we can clearly interpret the next STEPN (GMT) as a resistance and support level.

Resistance level 1 $0.8315
Resistance level 2 $1.1178
Resistance level 3 $1.5377
Resistance level 4 $2.2479
Support level $0.5412
GMT resistance and support level

The charts show that STEPN (GMT) has risen over the past month. If this trend continues, the GMT may go along with the bulls, which will pass its resistance level at $2.2479.

Thus, if investors turn against the crypto, the price of STEPN (GMT) may drop to near $0.5412, which is a bearish signal.

STEPN (GMT) Price Forecast 2022 – RVOL, MA and RSI

The relative volume (RVOL) of STEPN (GMT) is shown in the chart below. It is an indication of how the current trading volume has changed over a period of time since the previous trading session. Currently, GMT’s RVOL is below the boundary line, indicating weaker participants in the current trend.

GMT/USDT RVOL, MA, RSI (Source: Trading view)

The moving average (MA) of STEPN (GMT) is also shown in the chart above. Currently, GMT is in a declining mode. In particular, the price of STEPN (GMT) is below 50 MA (short-term), so it is in a downtrend. Therefore, it is possible for GMT to reverse at any time.

Meanwhile, GMT’s relative strength index (RSI) is 53.59. This means that STEPN (GMT) is in overbought mode. However, this means that the price of GMT can change significantly in the coming days. So traders should trade carefully.

STEPN (GMT) Price Prediction 2022 – ADX, RVI

Now let’s look at the Average Directional Index (ADX) for STEPN (GMT). It helps measure the overall strength of the trend. The indicator is the average of the values ​​of the expanding Price Category. This system tries to measure the strength of price movement in positive and negative direction using DMI indicators with ADX.

GMT/USDT ADX, RVI (Source: Trading view)

The chart above represents the ADX of STEPN (GMT). Currently, GMT’s ADX is in the area of ​​25.7425. So it points to a strong trend.

The chart above also represents the Relative Volatility Index (RVI) for STEPN (GMT). RVI measures the constant deviation of price changes over a certain period of time. GMT’s RVI is above 50, indicating high volatility. In fact, STEPN (GMT) RSI is at 53.59, confirming a potential sell signal.

Comparison of GMT with BTC, ETH

The chart below shows a price comparison between Bitcoin (BTC), Ethereum (ETH) and STEPN (GMT).

BTC vs ETH vs GMT price comparison (Source: Trading view )

From the chart above, we can interpret that BTC, ETH and GMT are moving in a similar trend. This shows that when the price of BTC and ETH rises or falls, the price of GMT also rises or falls accordingly.

STEPN (GMT) Price Prediction 2023

If the bearish price action slows completely and the trend reverses, STEPN (GMT) may reach $4 by 2023.

STEPN (GMT) Price Prediction 2024

When there are several updates online, STEPN (GMT) may go upward. If the coin catches the attention of large investors, GMT could reach $5 by 2024.

STEPN (GMT) Price Prediction 2025

If STEPN (GMT) maintains major resistance levels and continues to be recognized as a better investment option among investors for the next seven years, GMT will rise to $6.

STEPN (GMT) Price Prediction 2026

If STEPN (GMT) maintains major resistance levels and continues to be recognized as a better investment option among investors over the next four years, GMT will rise to $7.

STEPN (GMT) Price Prediction 2027

If STEPN (GMT) maintains major resistance levels and continues to be recognized as a better investment option among investors for the next five years, GMT would rise to $8.

STEPN (GMT) Price Prediction 2028

STEPN (GMT) maintains a strong position as a better investment option for the next six years amid highly volatile crypto market trends. Riding significant price rallies, GMT would reach $9 in 2028.

STEPN (GMT) Price Prediction 2029

If investors rally and continue to bet on STEPN (GMT), it would see major spikes. GMT may reach $10 by 2029.

STEPN (GMT) Price Prediction 2030

As the Basic Attention TokenEcosystem becomes more developed, the crypto community may continue investing in GMT for the next 8 years and cause significant price rallies for the token. Thus, STEPN (GMT) may reach $11 by 2030.

Conclusion

With continuous improvements of STEPN it can be said that 2022 is a good year for GMT. Hence, the rising price forecast for STEPN (GMT) in 2022 is $2.2479. On the other hand, the bearish price forecast for STEPN (GMT) price forecast for 2022 is $0.5412.

Moreover, with the advancements and upgrades in the STEPN ecosystem, GMT’s performance would help it reach its current all-time high (ATH) of $4.11 very soon. But it could also hit $3 if investors believe GMT is a good investment in 2022.

FAQ

1. What is STEPN (GMT)?

STEPN (GMT) is the web3 lifestyle app STEPN management code. STEPN is a Move-to-Earn (M2E) NFT game released in August 2021.

2. Where can you buy STEPN (GMT)?

STEPN (GMT) is listed on many crypto exchanges including Binance, P2PB2B, Whitebit, OKX and FTX.

3. Will STEPN (GMT) hit a new ATH soon?

With the continuous development and updates of the STEPN platform, STEPN (GMT) has a good chance to reach ATH soon.

4. What is the current All Time High (ATH) for STEPN (GMT)?

On April 28, 2022, STEPN (GMT) reached a new all-time high (ATH) of $4.11.

5. Is STEPN (GMT) a good investment in 2022?

STEPN (GMT) seems to be one of the most rising cryptocurrencies this year. Based on STEPN’s achievements in recent months, GMT is considered a good investment in 2022.

6. Can STEPN (GMT) reach $3?

STEPN (GMT) is one of the active cryptos that continues to rise. Finally, if this uptrend continues, STEPN (GMT) will soon reach $3.

7. What is the price of STEPN (GMT) by 2023?

STEPN (GMT) price is expected to reach $4 by 2023.

8. What is the price of STEPN (GMT) by 2024?

STEPN (GMT) price is expected to reach $5 by 2024.

9. What will be the price of STEPN (GMT) by 2025?

The price of STEPN (GMT) is expected to reach $6 by 2025.

10. What is the price of STEPN (GMT) by 2026?

STEPN (GMT) price is expected to reach $7 by 2026.

Disclaimer: The opinion expressed in this chart is solely the author’s. It does not represent investment advice. The NewsCrypto team encourages everyone to do their own research before investing.

Recommended for you

Receive $10 in Bitcoin when you buy or sell $100 or more on Coinbase! https://mathisenmarketing.com/coinbase

Source link

Leave a Reply

Your email address will not be published.

Latest Posts

  • STEPN (GMT) Price Prediction — Will GMT Hit $3 Soon?

    STEPN (GMT) Price Prediction — Will GMT Hit $3 Soon?

    Receive $10 in Bitcoin when you buy or sell $100 or more on Coinbase! https://mathisenmarketing.com/coinbase The bullish GMT price forecast is $0.8315-$2.2479. STEPN (GMT) price may also reach $3 soon. The bearish GMT price forecast for 2022 is $0.5412. In STEPN (GMT) Price Forecast 2022, we use statistics, price patterns, RSI, RVOL and other GMT […]

    Read More

  • GameFi platform Yeeha Games Integrates Cabital Connect To Enable Fiat On-And-Off Ramp For Players

    GameFi platform Yeeha Games Integrates Cabital Connect To Enable Fiat On-And-Off Ramp For Players

    Receive $10 in Bitcoin when you buy or sell $100 or more on Coinbase! https://mathisenmarketing.com/coinbase GameFi platforms represent a strong combination of cryptocurrencies, non-fungible tokens (NFT) and a play-to-earn (P2E) game model. In addition to creating fun games, integrating easy and flexible payment platforms for players is essential. Yeeha Games, Bybit’s $50 million funded GameFi […]

    Read More