March 17, 2025 GMX Daily Analysis GMX Daily Analysis
GMX Daily Analysis
Outlook
GMX current price is 14.55 USDT and the current market cap is 4.073.991 USDT. This chart period started 210 days ago (20 August 2024) with a total of 96 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 17.24% above the lowest price and 69.04% below the highest price.
Moving Average
Moving Averages (Closing Prices):5-Day Moving Average: 15.0322-Day Moving Average: 16.0850-Day Moving Average: 18.18100-Day Moving Average: 23.47250-Day Moving Average: 24.90500-Day Moving Average: 33.46
Moving Average Analysis
The current price is %3.21 lower than the 5-Day moving average and has been below it for 2 days.The current price is %9.52 lower than the 22-Day moving average and has been below it for 2 days.The current price is %19.98 lower than the 50-Day moving average and has been below it for 15 days.The current price is %38.00 lower than the 100-Day moving average and has been below it for 35 days.The current price is %41.56 lower than the 250-Day moving average and has been below it for 59 days.The current price is %56.52 lower than the 500-Day moving average and has been below it for 90 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: 14.39 USDT on 16-03-2025Last 7 days resistance levels: Resistance: 14.30 USDT on 12-03-2025 Resistance: 14.94 USDT on 13-03-2025 Resistance: 15.66 USDT on 14-03-2025 Resistance: 17.89 USDT on 15-03-2025The lowest support level is 14.39 USDT on 16-03-2025, and the highest resistance level is 17.89 USDT on 15-03-2025. The percentage difference between these levels is approximately 24.3%.
Volume
The previous trading day’s volume (16-03-2025) 264,014.41 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: 321,282.23 USDT22-day Moving Average Volume: 174,025.97 USDT50-day Moving Average Volume: 215,850.99 USDT100-day Moving Average Volume: 177,804.98 USDT250-day Moving Average Volume: 154,131.57 USDT
Volume Moving Averages Comparison
Volume of the previous trading day: 264,014.41 USDT
Previous day’s volume is 17.82% lower than the 5-day moving average.Previous day’s volume is 51.71% higher than the 22-day moving average.Previous day’s volume is 22.31% higher than the 50-day moving average.Previous day’s volume is 48.49% higher than the 100-day moving average.Previous day’s volume is 71.29% higher than the 250-day moving average.
Percentage Differences Between Moving Averages:
5-day moving average is 84.62% higher than the 22-day moving average.22-day moving average is -19.38% lower than the 50-day moving average.50-day moving average is 21.40% higher than the 100-day moving average.100-day moving average is 15.36% 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 01-10-2024 with a volume of 126,878.07 USDT and ended on 05-10-2024 with a volume of 32,697.60 USDT, lasting for 4 days and representing a 74.23% 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 22.14 USDT to 21.25 USDT, which represents a -4.02% change.
Strategy
There is no trend formation at the moment. We should wait until a trend forms.
Legal Disclaimer: This Chart and The Accompanying Analyses Are Not Investment Advice.
