STEPN (GMT) ANALYSIS #solana #gmt #stepn #bitcoin #ethereum #sol
Technical Analysis:
GMT testing the support @50SMA.
A cool off period is good for a new tokens introduced with exceptional rally of 267X.
Price action has been respecting this bullish channel.
The bulls are in control now, but will this continue?
GMT's market cap is relatively low when compared to other projects - This may cause some extra volatility.
If 50 SMA support is maintained, it will send GMT to a new all time high.
However, if bulls lose, we could see a sell off to the previous support level.
ROI:
Return On Investment 267X.
STEPN (GMT) Current price is up 26,352% in comparison to the initial (token sale) price.
STEPN has generated a profit of 198,635.62 SOL ($26,815,807.35) from NFT Marketplace trading and royalty fees in Q1 2022.
GMT testing the support @50SMA.
A cool off period is good for a new tokens introduced with exceptional rally of 267X.
Price action has been respecting this bullish channel.
The bulls are in control now, but will this continue?
GMT's market cap is relatively low when compared to other projects - This may cause some extra volatility.
If 50 SMA support is maintained, it will send GMT to a new all time high.
However, if bulls lose, we could see a sell off to the previous support level.
ROI:
Return On Investment 267X.
STEPN (GMT) Current price is up 26,352% in comparison to the initial (token sale) price.
STEPN has generated a profit of 198,635.62 SOL ($26,815,807.35) from NFT Marketplace trading and royalty fees in Q1 2022.