STEPN rebounds sharply after falling 80% in a month — is GMT worth bottoming out? By Cointelegraph

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STEPN rebounds sharply after falling 80% in a month — is GMT worth bottoming out?

A large downtrend within the STEPN (GMT) costs witnessed within the final 30 days seems to be nearing exhaustion.

GMT’s worth has rebounded by almost 35% — from $0.80 on Might 27 to $0.99 on Might 28. Apparently, the upside retracement began after the value fell in the identical vary, which had acted as help earlier than GMT’s 500% and 120% worth rallies in March and early Might, respectively.

every day worth chart. Supply: TradingView
GMT/USD every day worth chart that includes Fib help/resistance ranges. Supply: TradingView
GMT/USD and every day correlation coefficient. Supply: TradingView
GST/USD every day worth chart. Supply: TradingView