STEPN Price Analysis: GMT Up By 4.63%, Time to Buy?

  • GMT rose 42.29% in seven days.
  • Bull control GMT’s current price actions.
  • 24-hour trading volume for STEPN is hovering at $688,912,110.00.
  • Current STEPN Price is 0.62 dollars

10 June 2023 : In this article we will walk you through STEPN price analysis for today or for next week and try to answer these frequently asked questions (FAQs), what is short term price prediction for STEPN, Is GMT a good investment? STEPN support & resistance levels etc. But before diving deep into the GMT technical analysis, let us talk about the current market conditions.

Market Analysis

Over the last twenty-four hours, there was a down fall of -1.84 percent, bringing the entire cryptocurrency market to $1,043,024,789,031. The total trading volume stands at $48,482,745,808. Bitcoin shares 47.72 percent of the entrie market while Ethereum has a dominance of 16.33%.
which resulted in Bitcoin's price dropping down to $25,651.97 level after a decline of -4.05%. A number of alternative cryptocurrencies, like ETHEREUM has seen a price decrease of -6.01 percent reaching to $1,742.24 during the previous 24 hours.
While publishing this blog, BNB traded at $236.17, following a price change of -10.45%within the same time frame. XRP the native coin of XRP is down by -9.31 and currently trading at $0.49. Additionally, Cocos-BCX reached $0.60 after seeing a decline of -0.77% in value.
These events indicate that the market is heading in a downward direction for short term. At this moment, a general negative dip can being seen throughout the crypto market.

STEPN Support and Resistance

Support and resistance are important technical indicators used to identify key price levels where the trend can change direction. Support is a level at which buyers become more active and stop the coin's price from falling any further. Similartly, Resistance is a level at which sellers become move active and stop the coin's price from moving higher.
Following are the support and resistance levels of STEPN (GMT)

GMT Resistance Levels GMT Support Levels
Resistance Level 1 $0.65 Support Level 1 $0.54
Resistance Level 2 $0.70 Support Level 2 $0.48
Resistance Level 3 $0.75 Support Level 3 $0.43

STEPN Performance

The price of STEPN (GMT) is at $0.62, up 4.63% in the past 24-hours and has a price change of 42.29% over the week. One day trading volume for BTC is 688,912,110.00 USD while total marketcap reached $369,248,871.00 USD. There are almost 600,000,000 are in circulation out of 6000000000.

STEPN Price Analysis

GMT price analysis for 10 June 2023 within a daily time frame explained below. we use Relative Strength Index(RSI), Moving Average Convergence and Divergence (MACD), Support levels, Resistance levels, different time period moving averages including Simple Moving Average (SMA) and Exponential Moving Average (EMA) to analyze the future movement of the STEPN.

Moving Averages Price Indicator
Simple Moving Average (10) 0.60 Buy
Exponential Moving Average (10) 0.60 Buy
Simple Moving Average (20) 0.62 Sell
Exponential Moving Average (20) 0.62 Sell
Simple Moving Average (50) 0.65 Sell
Exponential Moving Average (50) 0.65 Sell

The relative Strength Index (RSI) indicates that the GMT coin is near oversold zone, as RSI is at 37. While GMT’s Williams %R indicator is at -59.38 for the 14-day time period indicating a neutral condition.A trade signal is possible at this range. The MACD line is standing below of the signal line after a crossover. STEPN investors need to wait for any directional change over the daily chart. As per the price analysis, the GMT price may find support at these crucial levels of $0.54, $0.48, moving below these levels might bring the price to $0.43. on the other side, the resistance levels are at $0.65 and $0.70. A bullish breakout from the above levels may lead the price to the $0.75.


STEPN market shows a bullish signs, and bulls can push GMT higher in the coming sessions. GMT has a resistance at $0.65, beyond which the coin would move toward next crucial resistance at $0.70.