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Resistance

GateToken

<ul class="list-ic vertical">
 <li><span>1</span> <a>GateToken price prediction shows bulls are back and a massive upmove is possible in the coming months.</a></li>
 <li><span>2</span> <a>GT price holds $4.00 and continues the recovery.</a></li>
 <li><span>3</span> <a>The 200-day EMA in GateToken crypto is acting as a crucial support.</a></li>
</ul>
<p>GateToken price prediction suggests that bulls are active and a massive upmove is possible in the coming months. GT price is forming a bullish continuation pattern that shows the strength and the confidence of the buyers.&nbsp;</p>
<p>GT crypto managed to climb above the 50-day EMA which triggered the positive sentiment. Later, gradually, the price continued to recover by forming higher high swings and reached the 4-month high.&nbsp;</p>
<p>At present, buyers are trying to break out of the $0.4500 hurdle. If they succeed, then a sharp rise toward $5.00 is possible.&nbsp;</p>
<p>GateToken price sustains above the 200-day EMA showcasing an uptrend. Therefore, if the price faces rejection, then it might retrace back to the 50-day EMA.&nbsp;</p> 
<div class="tradingview-widget-container">
 <div id="tradingview_8c9aa"></div>
 <div class="tradingview-widget-copyright"><a href="https://www.tradingview.com/" rel="noopener noreferrer nofollow" target="_blank"><span class="blue-text">Track all markets on TradingView</span></a>
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  "width": "900",
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  "symbol": "GATEIO:GTUSDT",
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  "style": "1",
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<p>The sudden rise in the trading volume indicates that whales are getting active and injecting the money from lower levels. So, the downside risk remains low.&nbsp;</p>
<p>At the time of writing, <a href="https://www.thecoinrepublic.com/2023/09/11/gatetoken-price-prediction-gt-price-consolidates-above-3-80/" target="_blank" rel="noopener noreferrer nofollow">GT price</a> is trading at $4.238 with an intraday decline of -0.47%. In the last 24 hours, the trading volume is up by 18.60% and the volume to market cap is 0.43%.</p>
<h2 class="wp-block-heading" id="strong-gatetoken-price-is-in-recovery-phase-strong"><strong>GateToken Price is in Recovery Phase</strong></h2>
<div class="wp-block-image">
 <figure class="aligncenter"><img decoding="async" src="https://lh7-us.googleusercontent.com/-dZeWM26gh1lor9n45o2UIh7bKERxU8uS4WP4CL3X-N8LTRwm77A8gv8wJhd0UgwIHXZQLAlUkV_VaJNCCqtScLSAYe_VPN0btS7q3KNoyD5EAyzHcz3YnEiKffJmZgW44CCanKB3EOWGlHLdQuqAfc" alt="GateToken Price Prediction: Is GT Price Getting Ready to Reach $5?">
  <figcaption class="wp-element-caption">
   Source: <a href="https://www.tradingview.com/x/dMmANetZ/" rel="noopener noreferrer nofollow">GT/USDT</a> daily chart by Tradingview
  </figcaption>
 </figure>
</div>
<p>GateToken price is in the recovery phase and buyers are trying their best to hold the recent gains.&nbsp;</p>
<p>The breakout of the $4.00 hurdle with a strong buying volume shows that the upmove is reliable. Therefore, investors may look to buy GT near $4.00 to generate nominal returns in 2024.&nbsp;</p>
<p>The next phase of the rally in GT will trigger when buyers succeed in breaking out of the $4.500 hurdle. The analysis suggests that <a href="https://www.thecoinrepublic.com/2023/09/11/gatetoken-price-prediction-gt-price-consolidates-above-3-80/" rel="noopener noreferrer nofollow">GateToken</a> crypto is in bulls’ grip and the price is getting ready for the massive upmove.</p>
<h3 class="wp-block-heading" id="strong-gt-price-might-show-profit-booking-strong"><strong>GT Price Might Show Profit Booking</strong></h3>
<div class="wp-block-image">
 <figure class="aligncenter"><img decoding="async" src="https://lh7-us.googleusercontent.com/fqI1c5ZcpTdOCRWx8CMgcxEOZ-XPPK30fUOvV-PKudnYuvKWJ4V177gaHtTEBWh3otyFcaBqyzOM_z4zC4VuOel15BwYi80D5dH4dPHMF2NipubNCqlMqPUkFPX_t9T6HeeieH0kkWNsujRNPy1uRxM" alt="GateToken Price Prediction: Is GT Price Getting Ready to Reach $5?">
  <figcaption class="wp-element-caption">
   Souce: GT/USDT daily chart by Tradingview
  </figcaption>
 </figure>
</div>
<p>GT price rose for seven consecutive weeks and formed a bullish reversal pattern. Currently, the price displays a doji candle indicating indecisiveness, so a minor profit booking may be visible.&nbsp;</p>
<p>The MACD curve sloping sideways denotes that the price may spend time in a consolidation range before deciding the next direction.&nbsp;</p>
<p>The RSI at 60 denotes the strength of the bulls and more scope of upside is open. The supertrend green line is trailing higher saying that until the price sustains above $3.941, the trend will remain upward.</p>
<h4 class="wp-block-heading"><strong>Conclusion</strong></h4>
<p>GateToken price prediction for 2024 is bullish and suggests the $5.00 mark is easily achievable. GT crypto price is inside the bulls’ grip so more upward momentum is possible.&nbsp;</p>
<p>The analysis suggests that the GT price looks attractive at current levels. Investors may consider buying i to generate a decent return.</p>
<h4 class="wp-block-heading"><strong>Technical Levels</strong></h4>
<ul>
 <li>Resistance levels: $4.500 and $4.920</li>
 <li>Support levels: $3.800 and $3.583</li>
</ul>
<h5 class="wp-block-heading"><strong>Disclaimer</strong></h5>
<p>The views and opinions stated by the author, or any people named in this article, are for informational purposes only. They do not establish financial, investment, or other advice. Investing in or trading crypto assets comes with a risk of financial loss.</p>

GateToken Price Prediction: Is GT Price Getting Ready to Reach $5?

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Thecoinrepublic.com

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