Gekko HQ coin price is cooling down after a phenomenal rally. The gecko-themed digital asset soared to a new all-time high in October. However, the price has been in a downtrend since then as the early investors took hefty profits.
At the time of writing, Gekko crypto is trading at $0.000001139 on the Uniswap decentralized exchange. The latest analysis shows that even though the price is down 47% from its all-time high, it is still trading well above July highs.
On Friday, the Gekko HQ coin showed a lot of resilience as it managed to gain 2.57% on a day when the altcoins posted massive losses. The negative sentiment in the market was driven by a strong selling-off in Bitcoin which caused a panic in the whole market.
There has been a significant decrease in the trading volume of the Gekko coin in the past couple of weeks. This can be clearly understood from the following chart which also reveals that the next resistance lies at the $0.000001180 level. A breakout above this level may result in another bullish leg in the memecoin price.
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This post was last modified on Nov 17, 2023, 22:28 GMT 22:28