Description: On the monthly chart,
GT appears to be forming an ascending triangle pattern, characterized by higher lows since its 2020 low of $0.2575 and a horizontal resistance around $25-$26 (near the all-time high of $25.94). The current price of $22.145 is approaching the upper resistance line, with increasing bullish momentum as indicated by the MACD showing a bullish crossover on the monthly timeframe. The fully diluted valuation (FDV) of $6.75B suggests significant growth potential if adoption of the Gate.io ecosystem expands. A breakout above $26 could trigger a major rally.
Key Indicators/Patterns: Ascending triangle, higher lows, MACD bullish crossover, FDV analysis.
Price Target: A breakout above $26 could propel
GT to $50-$65 by mid-2026, assuming sustained market adoption and favorable crypto market trends.
Timeframe: 12-18 months.
Source Reference: (all-time high and FDV), (technical analysis tools like MACD).
Key Indicators/Patterns: Ascending triangle, higher lows, MACD bullish crossover, FDV analysis.
Price Target: A breakout above $26 could propel
Timeframe: 12-18 months.
Source Reference: (all-time high and FDV), (technical analysis tools like MACD).
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.