Arbitrum

Million

Avalanche

<ul class="list-ic vertical">
 <li>1 <a>GMX price prediction showcases that the price may conquer $100 by the end of 2025.&nbsp;</a></li>
 <li>2 <a>GMX price surged 4.32% in the past 24 hours and currently trades at $50.90.</a></li>
 <li>3 <a>The technical indicators imply a neutral to bullish outlook above the 50-day and 200-day EMA.</a></li>
</ul>
GMX is a decentralized platform that allows users to trade spot and perpetual futures contracts of various cryptocurrencies with up to 50x leverage. Users can connect their wallets to it and trade directly on the Arbitrum and Avalanche blockchains, which offer fast and low-cost transactions.&nbsp;
It uses Chain Link oracles to provide accurate market price and prevent liquidation risks. It also has a native token, GMX, which serves as a utility and governance token for the platform.&nbsp;
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 <figure class="aligncenter"><img loading="lazy" decoding="async" width="955" height="532" src="https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-23.png" alt="GMX Price Forecast: How Much Will GMX Be Worth In 2028?" class="wp-image-182668" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-23.png 955w, https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-23-300x167.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-23-768x428.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-23-750x418.png 750w" sizes="(max-width: 955px) 100vw, 955px">
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<a href="https://www.thecoinrepublic.com/2023/11/30/iota-a-blockchain-less-dlt-for-fast-and-private-transactions/" target="_blank" rel="noopener noreferrer nofollow">GMX crypto </a>trades at $50.90 with an Intraday gain of 4.32%. The trend analysis shows that the price formed an Inverted head and shoulders pattern over the daily timeframe. Thereafter, the price registered a breakout and witnessed a strong upside rally. The price surpassed the 50-day and 200-day EMA indicating a trend shift on the upside.&nbsp;
The recent price action shows retest of the 50-day and 200-day EMA. The EMAs are acting as a dynamic support for the price and have halted the further decline indicating the presence of buyers near the EMAs.&nbsp;
<h2 class="wp-block-heading" id="strong-gmx-price-prediction-2023-strong">GMX Price Prediction 2023</h2>
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 <figure class="aligncenter size-large"><img loading="lazy" decoding="async" width="1024" height="478" src="https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-22-1024x478.png" alt="GMX Price Forecast: How Much Will GMX Be Worth In 2028?" class="wp-image-182667" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-22-1024x478.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-22-300x140.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-22-768x359.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-22-1536x717.png 1536w, https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-22-750x350.png 750w, https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-22-1140x532.png 1140w, https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-22.png 1600w" sizes="(max-width: 1024px) 100vw, 1024px">
 <figcaption class="wp-element-caption">
 Source: GMX/USD By TradingView
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 </figure>
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It has a 24-hour trading volume of $26.6 Million with a rise of 104.72% as compared to the last day. The live market cap of GMX is $470.85 Million and ranks 94th among cryptos. The volume-to-market cap ratio is 5.52% indicating low volatility in the market.&nbsp;
The most optimistic view of analysts expects the price to reach a high of $63.32 by the year-end. The pessimistic outlook of the analysts expects the price to drop to a low of $43.54.&nbsp;
GMX Price Prediction 2024
As per the analysts, the most optimistic target that the GMX price may achieve is $95.7, indicating an upside potential of 86% from the CMP. However, the pessimistic view of analysts estimated the price to reach $68.9.&nbsp;
GMX Price Prediction 2025
The most optimistic analyst forecast for GMX crypto expects the price to reach a high of $122 with a potential gain of 139.6% from the CMP. The minimum forecasted price by the end of 2026 is $87.2.&nbsp;&nbsp;&nbsp;
GMX Price Prediction 2026
The GMX price may reach a high of $173.75 if a positive trend prevails in the crypto market. On the flip side, the most pessimistic view of the analysts expects the price to reach $129.1 by 2026.&nbsp;
GMX Price Prediction 2027
According to the analysts’ price prediction for the year 2027, the most optimistic view of analysts estimates the price target of $207.70. The minimum price that GMX may reach by 2027 is $167.1.
GMX Price Prediction 2028
On a positive note, the GMX price may reach a high of $313.89 in the next five years. The price may rise to a minimum of $215.61 by the end of 2028.&nbsp;
<h4 class="wp-block-heading">Disclaimer</h4>
The views and opinions stated by the author, or any people named in this article, are for informational purposes only and do not establish financial, investment, or other advice. Investing in or trading crypto or stock comes with a risk of financial loss.&nbsp;

GMX Price Forecast: How Much Will GMX Be Worth In 2028?

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