GXChain Price Analysis: GXC Price may Go up from $0.55 to $0.60

The coin is currently trading at $0.55 and is flowing in the upward direction with a positive change of 19.50% in 24 hours. GXC is expected to cross the $0.60 mark in the upcoming days.

Statistical Data

  • The market cap value of GXC is $35,874,629 USD out of the whole market capitalization of the cryptocurrency.
  • $17,836,034 USD is the 24 hour volume of the token.
  • Circulating supply of the coin is 65,000,000 GXC while the total supply is 99,898,145 GXC.

GXC Price Value

The price value of GXChain at the time of writing is standing at $0.551902 USD and 0.00006626 BTC with the change of 19.50% in 24 hours.

Year-to-date performance of the coin

The performance of the coin in the first and second quarter of the year has been good as the coin moved in the upward direction. But after that, the price of the coin has started to decrease down toward the bearish trend. The price of the coin was trading at $0.54 on 1st Jan 2019 and with the constant upward flow, it touched the figure of $2.68 on 23rd June that was the highest trading point of GXC this year. But after that the price has continuously flowed downward and again has reached $0.54 on 14th Oct. The lowest trading point of the coin in this period was $0.33 on 26th Sep 2019.

The Year-to-date performance chart of the coin is shown below:

Source: CoinMarketCap

GXC Price Forecast

The coin has been trading in the greenish zone when the price of the token was hovering above the $2.00 mark. The coin could not maintain its performance at that point and has come downward at $0.55 on 14th Oct. But now, GXC is trading in the upward direction with a positive change of 19.50% in 24 hours. On the basis of our analysis, we can say that it may cross the $0.60 mark in the upcoming days.

Conclusion

GXChain is currently trading well and is trying to leave the reddish zone as soon as possible. The crypto investors want to see the coin in the bullish zone so that they can invest in the digital currency. GXC seems to go up in the near future.

Leah Hutton

Leah Hutton has recently joined Tokenhell team as a freelance writer. She has comprehensive knowledge of blockchain and various cryptocurrencies.

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