$GMT The recent price of GMT has shown a volatile downward trend, with a significant increase on December 27 followed by continuous pullbacks. The K-line for December 30 is a small bullish line, but overall it remains in a volatile downward trend, with prices fluctuating between 0.15 and 0.2, but showing an overall downward trend.
Moreover, GMT's ranking among popular cryptocurrencies has declined recently, resulting in low attention and participation, leading to a downward trend.
• Technical Indicators Analysis:
• MACD: Below the zero axis in both the 1-hour and 1-day cycles, indicating strong bearish momentum, but showing signs of gradual convergence.
• RSI: Approaching the oversold area (34.8708) in the 1-hour cycle, but not entering; also approaching the neutral area (46.9707) in the 1-day cycle.
• EMA: EMA7, EMA30, and EMA120 are all diverging downward in the 1-hour cycle, indicating significant short-term moving average pressure. In the 1-day cycle, EMA7 < EMA30 < EMA120, indicating that the long-term trend remains bearish.
• Trading Volume:
• The trading volume on December 30 increased, indicating greater market activity.
• The trading volume fluctuated significantly in the previous days, especially on December 28 and December 29, showing frequent inflows and outflows of capital.
In summary, GMT shows certain price fluctuations and changes in trading volume in the short term, but the overall trend is bearish.
Binance Square is pleased to introduce the launch of a new campaign on the Task Center on the Binance App. Users can complete simple tasks daily to unlock a share of $5,000 in USDC token rewards and earn Binance Points.
Activity Period: 2024-12-19 06:00 (UTC) to 2024-12-25 06:00 (UTC)
All eligible users can complete each of the following tasks once every day during the Activity Period.
Tasks: 1. Check in to Binance Square daily.* 2. Create a post with at least 100 characters using the limited-time hashtag (e.g., $BTC) OR selected trading pair. 3. For new Square users who have never posted on Square before the Activity Period, their first post will count as double (i.e., 2 participations).
Notes: Limited-time hashtag and selected trading pair will be refreshed daily at 06:00 (UTC) and will run for 24 hours.
Completion of check-in AND creation of post (either with the hashtag OR the trading pair) counts as 1 participation. Users will need to complete both tasks within the 24-hour window for it to be counted as a valid entry.
Reward per Eligible Participant = Number of Tasks Completed / Total Number of Tasks Completed by All Participants * Reward Pool, capped at $10 per participant.
Terms & Conditions This Activity may not be available in your region. Eligible users must be logged in to their verified Binance accounts whilst completing tasks during the Activity Period in order for their entries to be counted as valid. Users will receive a share of the reward pool and Binance Points upon completion of tasks and will be able to redeem their voucher and Points via Profile > Rewards Hub. Token vouchers will be distributed within 21 working days after the campaign ends and expire 14 days after distribution. Points will expire on the last day of the same month a year later on a first-in, first-out basis. Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards.