GT is trading near $20.8, close to its long-term resistance at $21.15. A weekly close above this level could signal a breakout toward the all-time high of $25.94, driven by Gate.io’s ecosystem growth and token burn deflationary mechanics. The 200-day SMA is rising, projected to hit $20.60 by June 2025, supporting a bullish trend. Long-term forecasts suggest GT could reach $29.72–$31.60 by year-end 2025, with potential for $43.90 by 2030. Key Levels: Support at $19.55, resistance at $21.15 and $25.94.
Indicators: RSI at 13.85 (oversold, suggesting reversal potential), 200-day SMA trending upward.
Outlook: Bullish if $21.15 breaks; watch for volume confirmation.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.