November 28, 2022

TECHNOLOGY GADGET

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Crypto Market Continues To Drop, GMT Stakes 24H Loss

As per CoinMarketCap, GMT, also known as STEPN, pursue suit with all the cryptocurrency markets since its price has decreased in the past 24 hours.At the time of writing this article, the value of GMT is $2.63, which is an insignificant 24-hour decline in the price of 3.32 percent. Moreover, this follows in the wake of GMT witnessing a two-digit loss in the previous week. The previous week appears to be backsliding in GMT’s value because it is still ahead by 20.31 percent in the previous 30 days.The total market cap of GMT is approximately $1,575,074,919, and it is GMT placed 51st on the list of CoinMarketCap, the most significant cryptocurrency projects by market valuation. Apart from that, the one-day volume of trade for GMT positions at $1,191,646,256. And this is an extreme decline of 43.34 percent.Apart from that, GMT obtained one day low of $2.56 and one day high of $2.73, positioning its present value right in the center of the two.As indicated from the regular chart for GMT/USDT, a falling triangle has developed since the $2.46 rank is the present support rank which retains the value of GMT up, and lower highs have been placed by the token. However, for those who don’t know, this is a bearish tabular format that might indicate that the cost of GMT is going to decrease more in case it splits past the present support level as carries take up the crypto market.According to reports, the 8 EMA crossing under the 20 EMA and the RSI14 inclined to descend have indicated that the price of GMT could decrease because it aspires to assess too highly. They further added that the sell volume could be extended.

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