GMX Price Forecast: Will GMX crypto hit $112 in December 2023?

A free email service offered by GMX (Global Mail eXchange; Global Message eXchange in Germany) is called GMX Mail. Users have the option of using webmail, POP3, or IMAP4 protocols to access received GMX Mail. SMTP is used to send mail. GMX Price was established in 1997 and is a division of United Internet AG, a German firm with a stock exchange listing. It is also a sister company to 1 & 1 Internet and Fasthosts Internet. Each GMX account comes with a mail collector, address book, organizer, and file storage in addition to an email address. Each user is permitted to register up to 10 different GMX email addresses. All customers, even premium users, see popup adverts when they log in; as of 2021, GMX was the only significant email provider to do so.

Additionally available features

capability for transferring files

Virus and spam defense

Ability to drag and drop files and emails

retrieving POP3 external accounts

A variety of domain extensions, including.com ,.co.uk, and.us, are available for email account registration. Up to 10 add-on addresses may be added at various GMX domains. Its “mail collector” enables the collecting of email from the majority of free email providers, such as Yahoo, Live, Hotmail, and Gmail, as well as the ability to send mail from these addresses. This feature enables the management of several accounts from a single location. Users can suggest features in the vibrant community.

Prices:  The CSPR token’s upward trend on the one-day chart may be broken, according to the Casper price prediction. According to price action, if the Casper price continues to move in the bear’s direction, it will see a further decrease of 12–16% within the next week. Currently, the CSPR price has fallen by 8.42% over the past seven days.

The price is currently forming a bearish breakthrough. The CSPR coin just broke through its trendline, and following a retest, it is now losing value even more rapidly. The buyer’s confidence in the token is waning. 

GMX Price Analysis

Over the previous few weeks, the RSI oscillator has been sliding below the median line. In the near future, RSI will unavoidably make a bullish reversal. RSI is currently at 37.97 points, while the 14 SMA is acting as resistance at 39.56 points.

On the one-day chart, the median line is rejecting the stochastic RSI. The stochastic RSI has a value of 39.02 points. Immediately below, the %K and %D lines show a bearish crossover.

Our technical indicators predict that GMX’s 200-day SMA will increase during the coming month and reach $ 63.66 by August 11, 2023. By August 11, 2023, the short-term 50-Day SMA for GMX is anticipated to reach $55.89.

A well-liked indicator for determining if a cryptocurrency is oversold (below 30) or overbought (over 70) is the Relative Strength Index (RSI) momentum oscillator. The RSI reading for the GMX market right now is 53.80, which denotes a neutral position.

Based on the classical pivot point (P1) for today at $ 55.40, the strongest support levels for the GMX are around $ 53.10, followed by $ 54.60 and $ 53.90. The resistance levels for the GMX are also at $ 56.10, $ 56.90, and $ 57.60.

Technical levels –

Support – $0.020

Resistance – $0.050

Prediction

Price forecast for GMX in 2023?

The expected price range for GMX is between $ 49.74 and $ 80.17. GMX may rise by 45.65% and hit $ 80.17 if the higher price objective is reached.

Price forecast for GMX in 2024?

Our GMX price prediction indicates that GMX will trade between $ 49.74 and $ 81.29 in the coming year. If GMX hits the higher value target for 2024, it will rise by 47.70% and reach $ 81.29.

Price forecast till 2025?

The forecasted range for the GMX pricing in 2025 is $ 73.73 on the low end and $ 179.72 on the high end. According to our GMX price prediction chart, if the price of GMX achieves the top price objective, it may rise by 226.51% and hit $ 179.72.

Conclusion

According to the examination of the price movement of CSPR, bears are in firm control of the price movement. On the daily chart, the oscillators are displaying a pessimistic outlook for the trend in the future.

The Casper price is currently being pushed lower by bears. The stochastic RSI indicates that the CSPR token may experience a further decrease soon.