In this article, we are going to review the Stepn (GMT) with the latest price analysis and price predictions for upcoming months and years.
This article is completely based upon the technical analysis and price action of the Stepn (GMT).
There are more than 17,000 cryptocurrencies in the crypto market, with a lot of them being shady. From a medium-to long-term point of view, it might be difficult to decide which crypto is worth buying and can give good profits in the medium to long term. Most importantly, is Stepn (GMT) one of those cryptos that can perform well in the market?
So, let’s begin
Stepn (GMT) Current Market Overview
According to Coinmarketcap, Stepn (GMT) is currently trading at 2.26 USD and ranks at around #76 with a market cap of 1,35,61,90,693$ Currently, the Stepn (GMT) is up 2.76% in the last 24 hours with a volume of $60,21,04,863 . There is a circulating supply of 60,00,00,000 coins and a maximum supply of 6,00,00,00,000 coins.
Stepn (GMT) is available on the world’s top cryptocurrency exchanges, including Kraken, Binance, Ftx, Kucoin, and Okex.
Stepn (GMT) Price and Technical Analysis
As Shown in the 4H chart above, Stepn (GMT) is currently following the triangle pattern and currently consolidating around 2.27$ level to 2.46$ for about 2 weeks and the overall sentiments looks bullish for Stepn (GMT). However, As Altcoins Tend to follow Bitcoin Price movements, If the overall market stays bullish Stepn (GMT) can Breakout out of this pattern upwards and can reach the all time highs levels at 3.1341$ and possibly make new all time highs as well.
Stepn (GMT) Support Levels and Resistance Levels
Support Levels: Currently, the support levels for the Stepn (GMT) are at around $2.067. The second support level is at around $1.7889.
Resistance levels – Currently, the resistance levels for the Stepn (GMT) are at around $2.67. The second resistance level is at around $3.08.
Stoch RSI and the 100-Day and 200-Day Moving Averages are technical indicators.
Stoch RSI (Relative Strength Index) – OverBought
RSI (Relative Strength Index) is a technical indicator which shows whether a coin is overbought or oversold at a particular period of time. Stepn (GMT) is currently showing its RSI value at 93.33, which indicates that the market is overbought and small correction is due. An RSI value above 50 is considered bullish until it crosses 70, which is when it’s overbought, which usually means that the price will go back down in price.
100 Day Moving Average – Bullish
As shown in the chart, the 100D moving average is currently following the trend, indicating bullish movement as the moving average works as support when the price is above the moving average and vice versa.
The 200-day moving average- N/a.
The 200D Moving Average: The 200D moving average is an important indicator for long-term trend analysis of any cryptocurrency, which in the Stepn (GMT) appears to be that there isn’t much data about it, making it neither bullish nor bearish.
Summary of the Overall Chart
Stoch RSI (Relative Strength Index) – Overbought
The 100-day moving average – Bullish.
200 Day Moving Average – N/a
Stepn (GMT) Price Prediction for 2022
As per the bullish market conditions, Stepn (GMT) can easily target the price level of $4 with upcoming developments and partnerships. Stepn (GMT) can show parabolic upward movement in the first half of 2022 to $4 , with a small retracement without a major correction in price, eventually leading it to break previous major resistance. Overall, the Stepn (GMT) price target of $4 is a little high, but it’s also a good bet for the near future as well.
Stepn (GMT) Price Prediction for 2023
If the bullish market trend continues, Stepn (GMT) can go higher, reaching the price target of $7. While future developments and partnerships could lead to Stepn (GMT) price skyrocketing, Before that, it has to break previous major psychological resistance.
Stepn (GMT) Price Prediction for 2024
The most current enhancements and advancements made to the platform, as well as Stepn (GMT) price estimations and new project forecasts, are all considered. Furthermore, the price of Stepn (GMT) on the cryptocurrency market may climb as a result of this, making it an excellent investment because the price might grow to about $12.
Stepn (GMT) Price Prediction for 2025
In the following years, the Stepn (GMT) price might exceed its previous all-time high. In the short term, Stepn (GMT) may face difficulties in reaching this level.The estimate indicates that Stepn (GMT) has a fair probability of achieving a target of $20 in the next five years as a result of this development.