21029 Stepn is Back on Top With a 75% Price Spike in the Last 7 Days

Stepn is Back on Top With a 75% Price Spike in the Last 7 Days

– STEPN had to make a rough announcement that pushed the token’s price down by 30%, but despite the project’s grim-looking future, GMT has gained 75% to its value in the last seven days, showing that investors are still ready to support the “walk-to-earn” business model.

– According to the one-day timeframe, GMT is successfully moving to the first resistance level on its way up to a complete rally reversal.

– In case of a breakthrough, we will see a full trend reversal as other daily resistance levels have not formed yet, including the 200-day moving average, which remains the main resistance level for any asset on its way to exiting a strong downtrend.

– Unfortunately, in the last few hours, STEPN has failed to break the 50-day Exponential Moving Average and reversed by around 10% in the last few hours, showing that the lack of trading volume on the weekend is keeping GMT from entering full rally mode.

– The announcement that could have killed the project

 

 

21029 Stepn is Back on Top With a 75% Price Spike in the Last 7 Days
Stepn is Back on Top With a 75% Price Spike in the Last 7 Days 3

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