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The cryptocurrency market recovered after ETF activity and Bitcoin surpassed the 50 thousand dollar band. Bitcoin’s horizontal course offers an opportunity for altcoins to rise. However, one of the coins that showed a serious rise was GLM. While GLM rose over 42 percent yesterday, it continued its ascent by rising 5 percent today. Which leves should we follow for GLM? What are resistance and support levels? Here are the details.
GLM Coin Price Analysis:
GLM Coin almost doubled its price in just 1 day. Its been rising since two days and continues its journey. According to TradingView data its currently trading at $0.37 and up more than 5%.
Support level for GLM is $0.26 and resistance is at $0.47.
With Bitcoin exceeding $51,000 and money flowing into the market, altcoins are on the rise. However, a possible bad data in the market may also lead to declines in all cryptocurrencies, especially Bitcoin.
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