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Gmtcoin

Will the STEPN GMT sneaker return "back in fashion" ?Given the fact that the STEPN GMT project is very closely related to SOLANA, it is difficult to expect a rapid growth of the GMTUSDT price, as it was during the launch of the project... SOLUSDT price has broken through the liquidity zone and is heading further down Also, re-read the idea of how much SOLANA is related to the bankrupt FTX and how much more SOL can be thrown on the market for sale during the bankruptcy and liquidation process of FTX and Alameda Research. Therefore, to buy GMT now you need to be a real adventurer (even considering that the GMTUSDT price is near the liquidity level of $0.23-0.25). Or if you have "inside info" that the STEPN project will move, for example, to a new blockchain or something like that. Please share in the comments what you think can save the STEPN project and with it the GMT token price. To summarizing: - Below $0.23, there are no strong obstacles to depreciating another two times GMT price, so to speak, to return to the start of the pump in the region of $0.10-0.12. - In case of "some miracle", with which the STEPN project will "come to life", the first target for growth is $0.58. And the super positive target for the growth of the GMTUSDT price is $1.12, and it is very hard to believe in this in the context of the next few months. Just look at the chart, how GMT was sold at this level before and the price did not go higher. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
26
GMTUSDT 12H The main thing is to sell Stepn GMT on timeToday we will consider the GMTUSDT trading pair We will say right away that we did not take actions in the euphoria of buying sneakers, so our thoughts below will be as neutral as possible. We are used to making money on short-, medium- and long-term trading speculations, based on what we see on the graph and without reference to the marketing of the crypto project. At least the first wave of hype surrounding the release of sneakers has ended, and now the GMTUSD price chart is undergoing a correction with hints of an upward reversal. Another pamp STEPN token is completely possible , because currently only 10% of the planned volume is circulating on the market. As cruel as it may sound, in order to sell off the remaining planned huge amount of GMT to the "crypto people" - you need to organize growth and large trade volumes, but this is a long and expensive process... For the coming month, we consider one of two scenarios to be the most realistic for GMTUSDT price: 1) Growth from the current price of $0.84 to the liquidity zone of $1.58-1.73 2) continuation of the correction to $0.7, from where the growth in the liquidity zone $1.58-1.73 In the liquidity zone $1.58-1.73, we would advise selling off at least part of the GMT and free up capital for reinvestment in other assets. As can be seen from the trading history of the GMTUSDT pair, during the fall in May 2022, sellers actively sold out twice in this zone. Therefore, for the next month, it is not believed that buyers will be able to pass this zone up the first time. And you can also place a pending order to buy GMT at $0.42 in case of a super-strong downpour of the crypto market. _______________________________ Since 2016, we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
by P_S_trade
30