2022 – STEPN Recovers Strongly After Falling 80% in 1 Month – Will GMT Price Fall? via Cointelegraph


STEPN Recovers Strongly After Falling 80% in a Month – Will GMT Price Go Down?

It appears that the massive downtrend in STEPN (GMT) prices observed over the past 30 days is coming to an end.

GMT price has 35% recovered From $0.80 on May 27 to $0.99 on May 28. Interestingly, the bullish rebound started after the price dropped to the same area that served as support before the 500% and 120% GMT rally in March and early May respectively.

Daily price chart. Source: TradingView
GMT/USD daily price chart with Fibonacci support/resistance levels. Source: TradingView
GMT/USD and daily correlation coefficient. Source: TradingView
GST/USD daily price chart. Source: TradingView

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