March 11, 2025 GMX Daily Analysis GMX Daily Analysis
GMX Daily Analysis
Outlook
GMX current price is 13.91 USDT and the current market cap is 2.911.889 USDT. This chart period started 210 days ago (14 August 2024) with a total of 95 days closing above the opening price and 114 days closing below the opening price. The lowest price was 12.41 USDT on 10 March 2025, and the highest price was 47.00 USDT on 08 December 2024. The current price is 12.09% above the lowest price and 70.40% below the highest price.
Moving Average
Moving Averages (Closing Prices):5-Day Moving Average: 14.4522-Day Moving Average: 17.3850-Day Moving Average: 19.09100-Day Moving Average: 24.78250-Day Moving Average: 25.15500-Day Moving Average: 33.84
Moving Average Analysis
The current price is %3.71 lower than the 5-Day moving average and has been below it for 3 days.The current price is %19.94 lower than the 22-Day moving average and has been below it for 9 days.The current price is %27.15 lower than the 50-Day moving average and has been below it for 9 days.The current price is %43.87 lower than the 100-Day moving average and has been below it for 53 days.The current price is %44.68 lower than the 250-Day moving average and has been below it for 53 days.The current price is %58.89 lower than the 500-Day moving average and has been below it for 84 days.
Trends
The longest uptrend in the 210 day period is 7 days. It started at 20.03 USDT on 04 November 2024 and ended by increasing by 40.74% to 28.19 USDT on 11 November 2024.The longest downtrend is 8 days. It started at 30.29 USDT on 24 August 2024 and ended by decreasing -18.79% to 24.60 USDT on 01 September 2024.
Support & Resistance
This review was made for the last 7 daysLast 7 days support levels: Support: 13.86 USDT on 07-03-2025 Support: 13.72 USDT on 09-03-2025 Support: 12.41 USDT on 10-03-2025Last 7 days resistance levels: Resistance: 16.57 USDT on 06-03-2025The lowest support level is 12.41 USDT on 10-03-2025, and the highest resistance level is 16.57 USDT on 06-03-2025. The percentage difference between these levels is approximately 33.5%.
Volume
The previous trading day’s volume (10-03-2025) 176,476.63 USDT. Highest volume in the last 210 days is 991,904.53 USDT on 09-02-2025. Lowest volume in the last 210 days is 32,697.60 USDT on 05-10-2024. Difference between highest and lowest volume is 2933.57%.
Volume Moving Averages
( Excluding Today)
5-day Moving Average Volume: 113,518.17 USDT22-day Moving Average Volume: 116,082.82 USDT50-day Moving Average Volume: 192,356.89 USDT100-day Moving Average Volume: 181,241.58 USDT250-day Moving Average Volume: 149,753.21 USDT
Volume Moving Averages Comparison
Volume of the previous trading day: 176,476.63 USDT
Previous day’s volume is 55.46% higher than the 5-day moving average.Previous day’s volume is 52.03% higher than the 22-day moving average.Previous day’s volume is 8.26% lower than the 50-day moving average.Previous day’s volume is 2.63% lower than the 100-day moving average.Previous day’s volume is 17.84% higher than the 250-day moving average.
Percentage Differences Between Moving Averages:
5-day moving average is -2.21% lower than the 22-day moving average.22-day moving average is -39.65% lower than the 50-day moving average.50-day moving average is 6.13% higher than the 100-day moving average.100-day moving average is 21.03% higher than the 250-day moving average.
Volume Trend
The longest consecutive volume increase started on 30-01-2025 with a volume of 56,385.17 USDT and ended on 03-02-2025 with a volume of 566,783.20 USDT, lasting for 4 days and representing a 905.20% increase.The longest consecutive volume decrease started on 13-08-2024 with a volume of 307,027.23 USDT and ended on 17-08-2024 with a volume of 51,125.55 USDT, lasting for 4 days and representing a 83.35% decrease.
Price Volume Coorelation
During the longest volume increasing period price decrease from 21.33 USDT to 18.79 USDT, which represents a -11.91% change.During the longest volume decreasing period price decrease from 28.60 USDT to 24.88 USDT, which represents a -13.01% change.
Strategy
It has closed with a decline for the last two days. However, if the uptrend continues tomorrow, the previous day’s open can be the stop-loss, and a ‘long’ position can be taken.
Legal Disclaimer: This Chart and The Accompanying Analyses Are Not Investment Advice.
