📈 Analysis and forecast for $GLMR on Binance: what are the further prospects? 📉
As of June 8, 2025, 17:00 EEST, the price of $GLMR on Binance is $0.0856, with an impressive increase of 10.74% over the last 24 hours. The trading volume for the day is approximately $5.4M, and the market capitalization is $82.1M (with a circulating supply of 981.5M tokens). The rise is associated with increased interest in the Polkadot ecosystem and the integration of Moonbeam as an Ethereum-compatible platform.
Technically, $GLMR shows strong bullish momentum. On the 4-hour chart, the 50-day SMA has crossed the 200-day SMA upwards, confirming an upward trend. The RSI (14) at 65 indicates an approach to the greed zone, while the MACD shows a bullish convergence of lines. Key resistance is at $0.09, a breakout of which may lead to $0.10. Support is at $0.08, below which a pullback to $0.075 is possible.
Forecast: in the coming days, GLMR may consolidate in the range of $0.08–$0.09, with potential growth to $0.10 by the end of June, supported by volume. By July 2025, a rise to $0.12 is possible if interest in DeFi and Polkadot continues. The long-term outlook for 2026 is $0.20+, assuming ecosystem expansion and new partnerships. Fundamentally, Moonbeam benefits from cross-chain compatibility, but volatility and competition remain risks.
Further prospects? A 10.74% increase in 24 hours and a current price of $0.0856 are close to resistance at $0.09. Buying at $0.08 with a target of $0.10 and a stop-loss at $0.075 looks reasonable. Posts on X reflect a bullish sentiment but advise monitoring volumes. Stay tuned for updates! #GLMR #Binance #CryptoAnalysis
