Gifto Coin (GTO) is a cryptocurrency that is mainly used for trading and it is a Scrypt coin. It was created on December 18th, 2017. The Gifto coin is a Proof of Work cryptocurrency. Gifto Coin (GTO) has a current supply of 1,000,000,000 coins. The last known price of Gifto Coin (GTO) is 0.0009 USD and the exchange rate is 0.0009 USD. The most active markets for trade are Bithumb and Binance. The Github account for Gifto Coin (GTO) can be found here . For more information about Gifto Coin (GTO) you can check their website here . (
Ethereum (ETH) is a decentralized, open-source, blockchain-based distributed computing platform featuring smart contract functionality. The platform’s native token, ether, also acts as a medium of exchange on the Ethereum platform. It is a form of payment with real-world practicality similar to bitcoin, but with a number of significant differences.
In this blog post, we will take a look at the technical analysis of Gifto Coin (GTO) crypto currency. The crypto currency has a circulating supply of 166,498,000 coins and a max supply of 300,000,000 coins. Gifto Coin (GTO) started trading on cryptocurrency exchange platform HitBTC on December 1, 2018, where it currently trades at $0.016616 USD (2.75% rise in the last 24 hours)/0.00000037 BTC (3.82% rise in the last 24 hours).
We utilize historical data, price trends, RSI, and other information about GTO to evaluate the cryptocurrency’s future movement in Technical Analysis of Gifto Coin (GTO) for 2021.
Gifto is one of the most well-known application tokens that debuted in 2017. It was launched on the Binance launchpad, and since then, it has published many innovations, including the biggest crypto wallet for mass market usage, the most active blockchain game for users, and other mass market applications. Global technology, operations, partnerships, and the community have all worked together to create the Gifto Chain and Wallet. Gifto aspires to be the biggest blockchain-based gift platform in the world. GTO is also an ERC20 Ethereum token.
Current Market Situation for Gifto Coin (GTO)
At the time of writing, the Gifto Coin GTO price was $0.076 with a 24-hour trading volume of $146,197,912, according to CoinGecko. GTO, on the other hand, has dropped by 0.7 percent in the past 24 hours.
Furthermore, there are 662,679,534 GTO in circulation. GTO is now available for purchase on Binance, OKEx, Upbit, BiONE, and VCC Exchange.
Gifto Coin (GTO) Technical Analysis 2021
Gifto Coin (GTO) may achieve new heights as a result of recent improvements and enhancements. Let’s take a closer look at the GTO technical analysis for 2021. The Gifto (GTO) daily time frame chart is shown below.
Price Chart for GTO/USDT (Source: Tradingview)
A chart continuation pattern is the bullish channel. Two parallel bullish lines make up this pattern. Furthermore, the price oscillates between these two trend lines. Furthermore, the resistance line at the top is referred to as such, while the support line at the bottom is referred to as such.
RSI, MACD, and MAX for Gifto Coin (GTO)
GTO’s Moving Average Convergence/Divergence (MACD) is shown in the graphic below. The MACD (blue line) is still slightly above the signal indication (orange line), creating a bullish crossing. As a result, bitcoin traders may anticipate more positive days ahead.
If the MACD signal begins to drift below the indication and produces a bearish crossing, this is a negative signal. Then it’s more probable that crypto will hit fresh lows.
MACD and GTO RSI (Source: TradingView)
Let’s take a look at GTO’s relative strength index (RSI). The RSI is still at 68, as seen in the graph above. This indicates that GTO’s price is almost overbought. This, on the other hand, provides dealers the confidence to trade without fear.
The chart below shows GTO’s Moving Average (MA) and Exponential Moving Average (EMA). Furthermore, MA is a component of technical analysis, which aids traders in identifying patterns. The exponential moving average (EMA) is a kind of moving average.
GTO SMA (30 days) and EMA (50 days) (Image courtesy of TradingView)
The GTO price has clearly exhibited numerous bullish signals since the beginning of 2021. Furthermore, if all of these factors are taken into consideration, GTO may have a competitive market by 2021.
Conclusion
With the continuing improvements and updates to the GTO platform. In current crypto economy, the cryptocurrency GTO has a bright future. GTO, on the other hand, has the potential to reach new heights.
$0.142 is the bullish GTO price forecast for 2021. As previously said, it has the potential to reach tremendous heights, even $1, if investors believe that GTO is a smart investment in 2021.
FAQ
What exactly is GTO?
GIFTO is an Ethereum-based decentralized virtual gift system. Users may send and receive GIFTO ERC-20 tokens on any social media platform, making it simple to create and exchange virtual presents. GTO is the native coin.
GTO is available for purchase in a number of places.
Binance, OKEx, Upbit, BiONE, and VCC Exchange are just a few of the cryptocurrency exchanges that have GTO listed. It may be traded for crypto fiat currencies, stablecoins, and other cryptocurrencies.
Will GTO be able to set a new ATH in the near future?
With the GTO platform’s continuing improvements and enhancements, it has a good chance of achieving its ATH shortly.
Disclaimer: The views stated in this graph are entirely those of the author. It should not be construed as investment advice. Before investing, TheNewsCrypto staff advises everyone to conduct their own research.
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Frequently Asked Questions
Is GTO a good investment 2021?
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Will GTO coin reach $1?
It is hard to say, but I believe that the price of GTO coin will increase in the future.
What is Gifto Cryptocurrency?
Gifto is a decentralized blockchain-based protocol that allows content creators to monetize their work and consumers to discover, share, and receive rewards for engaging with the content they love.
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