NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: LINK Price Climbs Following Chainlink's Deal With US Commerce Department, Eyes $30
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: LINK Price Climbs Following Chainlink's Deal With US Commerce Department, Eyes $30

TA- STEPN (GMT) Could Be Set For A Major Rally After Bullish Signs

jamesobande
jamesobande
1 year ago
3 mins read

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

The price of STEPN (GMT) could be set for a major rally against Tether (USDT) after showing bullish signs. 

Related Reading: Why Bitcoin At $100K Is Just A “Matter Of Time”, Says Bloomberg Intelligence

Ethereum price saw a relief bounce from $1,600 to $1,800 ahead of merge sentiments leading to other altcoins like STEPN bouncing off from their weekly lows. (Data feeds from Binance)

Price Analysis Of GMT On The Weekly Chart

Weekly STEPN Price Chart Analysis | Source: GMTUSDT On Tradingview.com

From the chart, the price of GMT saw a weekly low of around $0.58, which bounced from that range and rallied to $1.

The price has built more momentum as it faces resistance at $1.

If the price of GMT on the weekly chart continues with this bullish structure, it could quickly hit the $1.7 mark.

The volume shows decent buy bids, pushing the price of GMT higher.

 

Weekly resistance for the price of GMT – $1.

Weekly support for the price of GMT – $0.63.

 

Price Analysis Of GMT On The Daily (1D) Chart

Daily Chart Analysis For STEPN Price | Source: GMTUSDT On Tradingview.com

The price of GMT found strong support at around $0.58, with what seems to be an area of interest on the daily chart.

GMT bounced from its support, forming a bullish trendline that acts as a support and has continued to maintain this structure. 

At the point of writing, the price of GMT is at $1, trying to break above the 50 exponential moving averages (EMA), which corresponds to the resistance at $1. 

If the GMT price fails to break the 50 EMA region, $0.84 would be a good support to hold sell-offs and a possible price bounce.

With more buy bids, we could see the price of GMT breaking out and retesting $1.7, which has been resistance on the weekly chart.

The RSI for GMT price on the daily chart is above 55, indicating healthy buy bids for GMT.

The volume for GMT looks good, indicating positive signs for prices to trend higher.

 

Daily (1D) resistance for GMT price – $1.

Daily (1D) support for GMT price – $0.84, $0.59.

Price Analysis Of GMT On The Four-Hourly (4H) Chart

Four-Hourly Chart Analysis For STEPN Price | Source: GMTUSDT On Tradingview.com

The price of GMT has shown a bullish breakout from a symmetric triangle on the 4H chart, but the price was rejected.

GMT has struggled in this region, forming a range in a triangle with price rejecting from $1.1.

GMT price is $0.994, trading above the 50 & 200 EMA at $0.95 on the 4H chart. This price would act as a support area for GMT on the 4H chart.

 

Four Hourly (4H) resistance for GMT price – $1.

Four hourly (4h) support for GMT price – $0.92, $0.84.

 

A break below these support zones could send the price of GMT to a region of $0.80, acting as a good support area.

Related Reading: Ethereum Crosses $1,700, But Could Return To Path Of Pain, Expert Says
Featured Image From Coin24h, Charts From TradingView.com 
Tweet123Share196ShareSend
jamesobande
jamesobande

jamesobande

James is a blockchain writer and technical Analyst with more than five years of experience in the crypto space.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Ethereum Demand Spikes As Whales Add 260K ETH In 24 Hours

Ethereum Demand Spikes As Whales Add 260K ETH In 24 Hours

Ethereum is facing a pivotal moment as it struggles to hold above the $4,400 level after several days of heavy...

Sebastian Villafuerte 3 hours ago
Trump crypto project crasht - red WLFI buyback de koers?

Trump crypto project crasht na lancering – red WLFI buyback programma de koers?

Trump crypto kreeg een harde klap na de start. De WLFI token dook omlaag en herstelde daarna licht. De koers...

Lars Diederiksen 3 hours ago
트럼프 지원 비트코인 채굴사, 9월 나스닥 상장 눈앞

트럼프 지원 비트코인 채굴사, 9월 나스닥 상장 눈앞

헛8(Hut8)의 최고 경영자 애셔 게누트(Asher Genoot)에 따르면, ‘아메리칸 비트코인(American Bitcoin)’이 이번 달 나스닥 상장을 ...

Soyeon Lee 5 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Ethereum

Ethereum Price Stuck In ‘Loading Phase’, What This Means For The Campaign For $5,000

Scott Matherson 7 minutes ago
Dex Volume Hits Over $1T in August: Why Best Wallet Token Stands To Gain

Dex Volume Hits Over $1T in August: Why Best Wallet Token Stands To Gain

Aaron Walker 2 hours ago

Top 3 kryptomeny na investovanie v septembri 2025

Nina Šefčíková 2 hours ago

Premium Sponsors

Press Releases

  • XRP From Market Volatility to Stable Passive Growth: ALL4...

    8 minutes ago
  • Bitget to Transfer 440 Million BGB to Morph Foundation...

    34 minutes ago
  • ZIOX is Creating a New Wave in the Altcoin Market

    57 minutes ago
  • Mint Miner Launches New BTC and DOGE Cloud Mining...

    1 hour ago
  • 1 najlepsza kryptowaluta do kupienia, zanim wzrośnie o 3 536%, według Cathie Wood (ARK Invest)

    1 najlepsza kryptowaluta do kupienia, zanim wzrośnie o 3...

    2 hours ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.