$GMX current price is $16.399, with 6.14% increase in the last 24 hours. Technical indicators suggest a mix of bullish and bearish sentiments.
Short-term Prediction:
- Next 24 hours: GMX might trade between $14 and $16.90, with potential targets above $16.90 if the bullish trend continues. However, some predictions suggest a decline to new lows if it breaks below the $14 support level.
- Resistance Levels: $16.90-$20.30 (first major resistance level), $36-$54 (next resistance level)
- Support Levels: $14 (first support level), $13.60 (next support level)
Market Sentiment:
- Bullish Sentiment: Some predictions suggest a bullish trend, with GMX potentially reaching $20.30 in 2025.
- Bearish Sentiment: Others predict a decline, citing bearish technical indicators and a potential drop to $4.50 in the long term
Note : Keep in mind that cryptocurrency markets are highly volatile, and prices can fluctuate rapidly. These predictions are based on technical analysis and may not reflect the actual market performance.