Long

GMX (GMX.USDT)

Updated

GMX price today is $56 with a 24 hour trading volume of 30 million dollar. GMX price is up 4% in the last 24 hours and 380% growth in only six month
but what is GMX? Its a decentralized spot and perpetual exchange that supports low swap fees and zero price impact trades

GMX on Arbitrum has seen meaningful growth in both daily users and transactions. this is in part due to the recent GMX token listing on Binance, the growth of Arbitrum, and its recent upgrade with Arbitrum Nitro. If you check candle shadows you see that GMX can be extremely volatile so always be sure that you know your targets and using stop loss

RSI could give a good signal on gmx and If you manged to buy at 30$ zone its time to take profit and if you trade in short time or you do scalp, 59$ is very important level

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we hit 57$

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59.9 is very important level
be ready

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gmx broke 60 and had a jump

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Arthur Hayes, the founder of BitMEX, is currently the largest individual holder address of GMX, holding 200,580 GMX (about 13.47m), which will be bought during March 3 to September 7, 2022. Based on the current price, the profit is nearly 9m. Arthur Hayes once expressed in his blog that he was optimistic about altcoins such as GMX LOOKS and bought a lot of them

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we successfully broke 60 and 66 and hit 88

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moonypto

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