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Wednesday, December 7, 2022
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    HomeMarketGMT rallies by 18% in the last 24 hours

    GMT rallies by 18% in the last 24 hours

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    The crypto market is up by practically 1% at present because it slowly recovers from the poor begin to the week.

    The cryptocurrency market cap is closing in on $1.8 trillion after including lower than 1% to its worth within the final 24 hours. At press time, the overall crypto market cap stands at $1.79 trillion, up by lower than 1% up to now at present. 

    Bitcoin is up by greater than 2% up to now 24 hours and is now buying and selling above $39k per coin. It might surpass the $40k psychological stage if the bulls stay in command of the market. Ether stays above $2,800 after including lower than 1% to its worth just lately.

    GMT, the native token of the STEPN mission, is without doubt one of the greatest performers amongst the highest 50 cryptocurrencies by market cap. GMT is up by greater than 18% up to now at present, outperforming the opposite main cryptocurrencies out there.

    The first catalyst behind this ongoing rally is the announcement by NFT market OpenSea that it now supports the STEPN project. STEPN is the newest Solana-based mission to be listed on OpenSea after the sooner help of Solanart.

    At press time, GMT is buying and selling at $4.0 per coin.

    Key ranges to observe

    The GMT/USDT 4-hour chart is at the moment optimistic as STEPN has been bullish in current days. STEPN is the perfect performer amongst the highest 50 cryptocurrencies by market cap.

    The MACD line crossed into the optimistic zone yesterday, because of the continuing rally. The 14-day RSI of 72 reveals that GMT is near coming into the overbought area.

    If the rally continues, GMT would seemingly cross the primary main resistance stage at $4.5 over the following few hours or days, setting a brand new all-time excessive within the course of. Nonetheless, it might want the help of the broader market to cross the $5 psychological stage within the brief time period. 





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