GMTUSD : Ascending Triangle
Updated
STEPN (GMT) Price Prediction 2022
The above chart of STEPN (GMT) laid out an Ascending triangle pattern, The ascending triangle is a characteristic pattern of an ongoing bullish trend. This triangle is formed by a horizontal upper trendline that connects the highs and the lower trendline that connects the rising lows.
If the trend breakout at the resistance level, the price will continue to move up in this ascending triangle pattern.
Currently, STEPN (GMT) is in the range of $0.98137. If the pattern continues, the price of GMT might reach the resistance levels of $1.16571 and $2.18040. If the trend reverses, then the price of GMT may fall to $0.80107 and 0.55366.
From the above daily time frame, we can clearly interpret the following as the resistance and support levels of STEPN (GMT).
Resistance Level 1 $1.11771
Resistance Level 2 $1.54502
Resistance Level 3 $2.24806
Support Level 1 $0.83766
Support Level 2 $0.53816
GMT Resistance & Support Level
The charts show that STEPN (GMT) has performed a bullish trend over the past month. If this trend continues, GMT might run along with the bulls overtaking its resistance level at $2.24806.
Accordingly, if the investors turn against the crypto, the price of STEPN (GMT) might plummet to almost $0.53816, a bearish signal.
The above chart of STEPN (GMT) laid out an Ascending triangle pattern, The ascending triangle is a characteristic pattern of an ongoing bullish trend. This triangle is formed by a horizontal upper trendline that connects the highs and the lower trendline that connects the rising lows.
If the trend breakout at the resistance level, the price will continue to move up in this ascending triangle pattern.
Currently, STEPN (GMT) is in the range of $0.98137. If the pattern continues, the price of GMT might reach the resistance levels of $1.16571 and $2.18040. If the trend reverses, then the price of GMT may fall to $0.80107 and 0.55366.
From the above daily time frame, we can clearly interpret the following as the resistance and support levels of STEPN (GMT).
Resistance Level 1 $1.11771
Resistance Level 2 $1.54502
Resistance Level 3 $2.24806
Support Level 1 $0.83766
Support Level 2 $0.53816
GMT Resistance & Support Level
The charts show that STEPN (GMT) has performed a bullish trend over the past month. If this trend continues, GMT might run along with the bulls overtaking its resistance level at $2.24806.
Accordingly, if the investors turn against the crypto, the price of STEPN (GMT) might plummet to almost $0.53816, a bearish signal.
Note
25-07-2022
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