GMX (GMX) Price Predictions 2023
Last updated
GMX is currently trading at $54.31, gaining 0.67% in the last hour. Over the past 30 days, the price of GMX has increased by 27.31%, adding $42.66 to its previous value of $11.65. Our GMX price prediction will try to forecast what price GMX can achieve by the end of 2023, and answer some popular questions like whether GMX is a good investment, if GMX is worth buying in 2023 and will the price of GMX pass its all-time high? Our GMX price predictions for 2023 aim to help you make better informed investment decisions.
GMX Current Price (USD)
$54.31
0.67% in the last hour
GMX Market Cap
$456,759,577
6.03% in the last 24 hours
GMX (GMX) Price Predictions 2023
Our GMX price predictions are determined using various machine based algorithms which monitor the relative strength index (RSI), moving average convergence divergence (MACD), moving average (MA), average true range (ATR) and bollinger bands (BB) for each specific cryptocurrency. By processing this data through our machine learning technology, we can try to predict the direction of GMX.
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| January 2023 | $30.41 | $40.19 | $42.90 |
| February 2023 | $38.56 | $42.36 | $47.25 |
| March 2023 | $40.73 | $45.62 | $52.68 |
| April 2023 | $43.99 | $47.79 | $58.11 |
| May 2023 | $46.16 | $49.96 | $64.08 |
| June 2023 | $48.33 | $53.77 | $69.52 |
| July 2023 | $52.68 | $58.11 | $75.49 |
| August 2023 | $57.02 | $61.91 | $81.46 |
| September 2023 | $59.20 | $65.71 | $86.89 |
| October 2023 | $61.37 | $69.52 | $91.78 |
| November 2023 | $63.54 | $73.86 | $95.04 |
| December 2023 | $65.17 | $81.46 | $97.76 |
GMX (GMX) Market Forecast 2023
The crypto market is known to be highly volatile, predicing prices is a difficult task and cannot be done with exact precision. All predictions on our website should not be taken as financial advice and you should do your own research. Consult your financial advisor before making any investments.
GMX (GMX) Price Prediction January 2023
Our advanced price prediction algorithm has determined that GMX may end the month of January 2023 at a maximum price of $42.90 with a minimum price of $30.41. The average price that GMX may see in January could be around $40.19.
GMX (GMX) Price Prediction February 2023
The GMX market forecast for February 2023 expects that the cryptocurrency may reach a maximum price of $47.25 with a minimum expected price of around $38.56. The average price that is predicted for February is $42.36.
GMX (GMX) Price Prediction March 2023
GMX is expected to reach a maximum price of $52.68 in March 2023 and it's possible to see it dip to $40.73 as the month ends. Furthermore, the average price of GMX in March is $45.62 as bulls and bears continue to struggle for dominance.
GMX (GMX) Price Prediction April 2023
Attention surrounding GMX is expected to surge in the long term but as April 2023 begins, the maximum price of GMX could near $58.11. The forecasted low is around $43.99 while the average price for GMX could be $47.79.
GMX (GMX) Price Prediction May 2023
For the month of May 2023, our GMX forecasts a maximum price of $64.08 followed by an average price of $49.96. The minimum price expected for May is around $46.16.
GMX (GMX) Price Prediction June 2023
In June, the maximum price for GMX could reach $69.52, while speculation and adoption of cryptocurrency continues. Furthermore, the average price of GMX in June 2023 is $53.77 with a minimum price of $48.33.
GMX (GMX) Price Prediction July 2023
Investors may be happy to know that the price action of GMX may continue to follow a similar trend in July 2023, as the maximum price nears $75.49. Retrospectively, the minimum price could fall as low as $52.68 while averaging $58.11 as the month comes to an end.
GMX (GMX) Price Prediction August 2023
An in-depth analysis of the GMX price trajectory predicts that a maximum price of GMX in August 2023 could see $81.46, while the minimum price might fall as low as $57.02. Meanwhile, GMX may sit at an average price level of $61.91 as the end of the month nears.
GMX (GMX) Price Prediction September 2023
With GMX prices rallying and being dominated by bulls in the long term, investors can expect GMX to reach a maximum price of $86.89 in September 2023, averaging $65.71 for the month. If a bull run fail to sustain, the price of GMX is forecasted to reach a low of $59.20.
GMX (GMX) Price Prediction October 2023
GMX's price is expected to reach a maximum price of $91.78 in October 2023 while the minimum expected price is around $61.37. The average price of GMX for the month is around $69.52.
GMX (GMX) Price Prediction November 2023
Understanding that the crypto market is highly volatile, big changes may happen this month. The maximum price expected for GMX is $95.04 in November 2023, followed by a minimum price of $63.54. The average price predicted comes in at $73.86.
GMX (GMX) Price Prediction December 2023
As the year ends, GMX is expected to reach a new all-time high (ATH) of $97.76 followed by a minimum price of $65.17 in December 2023. The average price of GMX may be around $81.46 providing it receives the support it needs.
GMX Price Prediction 2023 FAQs
What is the GMX (GMX) price today?
Today, GMX (GMX) is trading at $54.31 with a total market capitalization of $456,759,577.
What will GMX be worth in 2023?
The GMX price is expected to reach a maximum price of $97.76 in 2023.
Is GMX (GMX) a good investment in 2023?
Based on the direction GMX is heading, technical analysis suggests that this cryptocurrency is a good investment for 2023.
