This article aims to provide you with a comprehensive GMX price prediction.
We will be analyzing the various factors that could potentially influence the future value of this digital asset.
To formulate our GMX price prediction, we will be employing a combination of quantitative and qualitative analysis.
This includes examining historical price trends, market volatility, and technological advancements.
We’ll also consider the broader economic landscape and regulatory developments that could impact the cryptocurrency market.
In addition to these data-driven insights, we will also factor in the sentiment analysis.
This involves gauging the mood of the market participants towards GMX, which can often drive price movements.
Through this balanced and thorough approach, we aim to provide you with a well-rounded and accurate GMX price prediction.
GMX (GMX) Fundamental Analysis
| Project Name | GMX |
| Symbol | GMX |
| Current Price | $ 31.46 |
| Price Change (24h) | 1.88% |
| Market Cap | $ 310.13 M |
| Volume (24h) | $ 28,822,739 |
| Current Supply | 9,858,059 |
GMX (GMX) is currently trading at $ 31.46 and has a market capitalization of $ 310.13 M.
Over the last 24 hours, the price of GMX has changed by 1.88%, positioning it 247 in the ranking among all cryptocurrencies with a daily volume of $ 28,822,739.
GMX (GMX) Long-Term Price Prediction
| Year | Lowest Price | Average Price | Highest Price |
|---|---|---|---|
| 2025 | $148.22 | $202.73 | $276.84 |
| 2026 | $210.34 | $287.91 | $385.21 |
| 2027 | $223.71 | $261.83 | $314.61 |
| 2028 | $185.33 | $227.89 | $274.65 |
| 2029 | $238.48 | $320.43 | $428.77 |
| 2030 | $290.13 | $392.89 | $525.68 |
GMX Price Prediction 2025
In 2025, GMX could see a significant boost with prices potentially reaching up to a high of $276.84.
The growing acceptance and integration of blockchain technology along with increasing regulations are expected to be major contributors to the coin’s value.
Also, a surge in interest in decentralized finance could further fuel this growth, with the average price predicted at $202.73.
GMX Price Prediction 2026
In 2026, thanks to strong development in blockchain technology and more potential investors joining the crypto space, we could see GMX reaching an average price of $287.91 and even soaring up to a high of $385.21.
GMX Price Prediction 2027
During the correction year of 2027, GMX prices might experience a slight drop, with the lowest price expected to fall to $223.71.
Regardless, the average price should sustain at $261.83 with a possibility to bounce back to $314.61.
GMX Price Prediction 2028
Another correction year, 2028 could see GMX falling to $185.33 as market stabilizes.
Despite the downward adjustment, the possibility of reaching $274.65 should not be ruled out, with the average price hovering around $227.89.
GMX Price Prediction 2029
The year 2029 sees another surge in price, with the lowest price set at $238.48 and an impressive high of $428.77 due to the transition from correction years.
The average price should be around $320.43, further showcasing the growth potential of GMX.
GMX Price Prediction 2030
By the year 2030, GMX might reach an average price of $392.89 and the highest price of $525.68 if the current trajectory continues.
This could result from mass adoption of cryptocurrencies and the potential technological advancements within the blockchain industry.
GMX (GMX) Technical Analysis
- Zoom
- Type
Technical Analysis is a methodology used to evaluate investments and identify trading opportunities by analyzing statistical trends gathered from trading activity, such as price movement and volume.
It plays an important role in GMX price predictions as it helps identify potential future price movement based on historical data.
Here are three indicators commonly used in technical analysis:
- Trend Lines: These are lines drawn on a price chart that represent potential levels of support or resistance for the price of an asset. In the context of GMX, trend lines can help predict potential future price levels.
- Moving Averages: These indicators smooth out price data to form a trend following indicator. They do not predict price direction, but rather define the current direction with a lag. Moving averages can help identify potential bullish and bearish trends in GMX price.
- Relative Strength Index (RSI): This is a momentum oscillator that measures the speed and change of price movements. RSI can help identify overbought or oversold conditions in the GMX market, which could signal potential price reversals.
GMX Price Predictions FAQs
What is GMX?
GMX (Gmx) is a type of digital crypto currency, utilizing peer-to-peer transactions, mining and other technological feats into a modern day asset. Use this page to follow news and updates regarding GMX, create alerts, follow analysis and opinion and get real time market data.
How is GMX price predicted?
GMX price is predicted using various methods such as technical analysis which involves studying price charts and identifying patterns and trends. Other methods like fundamental analysis and sentiment analysis can also be used.
What can affect the price of GMX?
Several factors can affect the price of GMX including the overall health of the economy, changes in technology, regulatory news or events, market sentiment, and changes in supply and demand.
