GateToken’s deflationary model, with 20% of Gate.io’s quarterly profits used for token burns, reduces the 300M max supply, potentially driving value. Currently at $20.8, 
GT is consolidating above the $19.55 support zone. Long-term projections indicate a possible climb to $44.56 by May 2026, fueled by GateChain’s adoption and low gas fees. The Fear & Greed Index at 73 (Greed) supports bullish sentiment.
Key Levels: Support at $19.55, resistance at $22.79 and $29.72.
Indicators: Positive correlation with top coins (0.462), low RSI (13.85) indicating undervaluation.
Outlook: Strong buy for HODLers; monitor burn announcements for catalysts.
GT is consolidating above the $19.55 support zone. Long-term projections indicate a possible climb to $44.56 by May 2026, fueled by GateChain’s adoption and low gas fees. The Fear & Greed Index at 73 (Greed) supports bullish sentiment. Key Levels: Support at $19.55, resistance at $22.79 and $29.72.
Indicators: Positive correlation with top coins (0.462), low RSI (13.85) indicating undervaluation.
Outlook: Strong buy for HODLers; monitor burn announcements for catalysts.
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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.