GMX Price Prediction 2025: Short-Term Gains Mask Long-Term Decline Risks

Key Takeaways

• The GMX token is the native crypto of the GMX exchange.
• The token has been on a downturn recently.
• Our GMX price predictions suggest GMX could climb to $20.30 this year.
• Interested in buying or selling GMX? Read our review of the best exchanges to buy and sell GMX.

The GMX token supports the GMX decentralized exchange. Although it was one of the few cryptocurrencies to rise throughout 2022, the following two years were a little less spectacular, and it has been on a downturn over the past year or so.

After announcing  a link with Solana (SOL) to match 2024’s link with the Arbitrum (ARB) platform, investors will hope it can return to winning ways.

On March 12, 2025, GMX was worth about $13.55.

Let’s now take a look at our price predictions for GMX, made on March 12, 2025. We will also examine the GMX price history and talk a little about what GMX is and what it does.

GMX Price Prediction

Let’s look at the GMX price predictions by CCN on March 12 2025, made using the wave count method. We will adjust the final targets by 20% to create the minimum and maximum predictions.

The most likely wave count shows that GMX completed an upward A-B-C structure. It then started a five-wave downward movement inside a descending wedge, nearly over. 

The decline could be wave A in an A-B-C correction. Using the length of the ongoing decrease, we can estimate that the entire correction will end in mid-2028.

During these projected upward and downward movements, the wave count method predicts GMX prices of $16.90 and $45 for the end of 2025 and 2026, respectively.

Then, we will use the daily rate of decrease for the past three years to make a GMX price prediction for 2030. 

GMX has fallen by 33% since March 2022, and projecting this rate of decrease forward leads to a target of $4.50.

GMX Price Prediction for 2025

The wave count method gives a GMX price prediction range between $13.60 and $20.30 for the end of 2025

GMX Price Prediction for 2026

The wave count method gives a GMX price prediction range between $36 and $54 for the end of 2025

GMX Price Prediction for 2030

The daily rate of decrease for the past three years gives a GMX price prediction range between $3.60 and $5.40 for the end of 2030.

GMX Price Analysis

The GMX price has fallen under a descending resistance trend line since its all-time high of $90.63 in April 2023. GMX deviated above this resistance in December 2024 (black circle). This accelerated the downward movement, taking GMX to a new yearly low of $12.40 on March 11. 

While the GMX price has bounced slightly afterward, it still trades inside the $14 horizontal support area, which is the final one before a new all-time low.

So, a breakdown below it could further accelerate the downward movement to new lows.

Technical indicators give a bearish GMX prediction. The Relative Strength Index (RSI) and Moving Average Convergence/Divergence (MACD) are both falling.

The RSI is below 50 while the MACD is negative; both show a bearish trend. 

Let’s look at the wave count and see where the next area of support is.

Short-Term GMX Price Prediction

The GMX price prediction for the next 24 hours is bullish. GMX could bounce at the $14 support area and begin a relief rally before eventually falling to new lows.

Looking for a safe place to buy and sell GMX? See the leading platforms for buying and selling GMX

GMX Average True Range (ATR): GMX Volatility

The Average True Range (ATR) measures market volatility by averaging the largest of three values: the current high minus the current low, the absolute value of the current high minus the previous close, and the absolute value of the current low minus the previous close over a period, typically 14 days.

A rising ATR indicates increasing volatility, while a falling ATR indicates decreasing volatility.

On March 12, 2025, GMX’s ATR was 1.67, indicating relatively high volatility.

GMX Relative Strength Index (RSI): Is GMX Overbought or Oversold?

The Relative Strength Index (RSI) is a momentum indicator traders use to determine whether an asset is overbought or oversold. Movements above 70 and below 30 show over and undervaluation, respectively.

Movements above and below the 50 line also indicate if the trend is bullish or bearish.

On March 12, 2025, GMX’s RSI was 29, indicating oversold conditions.

GMX Market Cap to TVL Ratio

The Total Value Locked (TVL) to market cap ratio (TVL ratio) measures the valuation of a decentralized finance (DeFi) project by comparing its market capitalization to the total value of assets locked in its smart contracts.

This ratio shows the project’s utilization and links the platform’s health to locked asset value.

A ratio above 1.0 indicates overvaluation because the market cap exceeds the value of assets used in the platform.

A ratio below 1.0 indicates undervaluation because the market cap is lower than the value of locked assets.

On March 12, 2025, the GMX TVL ratio was 0.34, indicating significant undervaluation.

GMX Price Performance Comparison

GMX is a decentralized exchange, so let’s compare it with other similar projects.

Best Days and Months to Buy GMX

We looked at the GMX price history and found the times when the price was at its lowest across certain days, months, quarters, and even weeks in the year, indicating the best times to buy GMX.

CCN Strength Index

The CCN Strength Index combines an array of advanced market signals to measure the strength of individual cryptocurrencies over the last 30 days.

Every day, it assigns a strength score, ranging from 0 to 100, to the top 500 assets by market capitalization on CoinMarketCap, focusing on both trend direction and the intensity of price movements.

• 0 to 24: Assets exhibit significant weakness, showing signs of sustained downtrend behavior.
• 25 to 35: The price tends to move within stable bounds with minimal volatility.
• 36 to 49: Assets begin a stable uptrend but without strong surges.
• 50 to 59: Consistent growth with moderate price advances, building momentum.
• 60+: Sharp price movements and high demand indicate stronger volatility and trend shifts.

The index dynamically adapts to rapid changes. For example, an asset experiencing a 100% increase within a short timeframe would see a sharp jump in its score to reflect the intensity of the rise.

However, should that asset stabilize at this new price level, the score will gradually taper down and align with the dampened momentum as the movement normalizes. The same principle applies to rapid declines: a sudden drop will spike the score downward, but as volatility decreases, the score will slowly adjust back up.

On March 12, 2025, GMX scored 43.3 on the CCN Index, suggesting weak uptrend momentum.

GMX Price History

Let’s now take a look at some of the key dates in the GMX price history . While past performance should never be taken as an indicator of future results, knowing what the token has done can help give us some very useful context when it comes to either making or interpreting a GMX price prediction.

GMX Market Cap

The market capitalization, or market cap, is the sum of the total number of GMX in circulation multiplied by its price.

On March 12, 2025, GMX’s market cap was $135 million, making it the 262nd-largest crypto by that metric.

Who Owns the Most GMX Tokens?

On March 12, 2025, one wallet held more than 55% of the GMX supply.

Richest GMX Wallet Addresses

As of March 12, 2025, the five wallets with the most GMX tokens   were

• 0x908c4d94d34924765f1edc22a1dd098397c59dd4. This wallet held 5,925,635 GMX or 56.57% of the supply.
• 0x6f4e8eba4d337f874ab57478acc2cb5bacdc19c9. This wallet held 940,643 GMX or 8.98% of the supply.
• 0x80a9ae39310abf666a87c743d6ebbd0e8c42158e. This wallet held 422,791 GMX or 4.04% of the supply.
• 0xf977814e90da44bfa03b6295a0616a897441acec. This wallet, listed as Binance, held 417,896 GMX or 3.99% of the supply.
• 0x199070ddfd1cfb69173aa2f7e20906f26b363004. This wallet held 389,126 GMX or 3.71% of the supply.

GMX Supply and Distribution

From the GMX Whitepaper

In its technical documentation or whitepaper , GMX says that it aims to combine traditional crypto trading with other things.

It says: “GMX is a decentralized spot and perpetual exchange that supports low swap fees and zero price impact trades.

“Trading is supported by a unique multi-asset pool that earns liquidity providers fees from market making, swap fees, and leverage trading.

“Dynamic pricing is supported by Chainlink Oracles and an aggregate of prices from leading volume exchanges.”

GMX Explained

Decentralized exchanges (DEXes) are crypto exchanges that do not answer to a central authority. This means that people can trade the cryptocurrencies they want to trade, at a price set by the market. 

GMX is a DEX with a difference. Founded in 2021 and originally called Gambit Exchange, GMX does not just offer people the chance to trade crypto.

The network, which is based on the Avalance (AVAX) blockchain and Arbitrum (ARB) platform, also features a futures trading facility. This means people can use leverage – money borrowed to trade – to speculate on what might happen to crypto.

The GMX token supports the GMX DEX.

How GMX Works

GMX uses liquidity pools to help balance its books and enable people to trade. It also utilizes the Chainlink (LINK) platform to help set prices and an aggregate price feed to protect traders from price spikes.

GMX token holders can vote on network changes, set GMX aside, or stake it in return for rewards. People can also buy, sell, or trade GMX on exchanges. 

Because it is based on Avalanche, Solana, and, via Arbitrum, Ethereum (ETH), GMX is a token, not a coin. You might see references to GMX coin price predictions, but these are wrong.

Is GMX a Good Investment?

It is hard to say. The token has been in a slump for a while, and there is no way of telling when things might get better. On the other hand, GMX has been keeping busy and releasing new updates regularly.

As with crypto, you must do your own research before deciding whether or not to invest in GMX.

Will GMX go up or down?

No one can really tell right now. While the GMX crypto price predictions are largely positive, at least in the short-to-medium-term, price predictions have a well-earned reputation for being wrong. Keep in mind that prices can and do go down and up. 

Should I invest in GMX?

Before you decide whether or not to invest in GMX, you will have to do your own research, not only on GMX, but on other related coins and tokens such as Osmosis (OSMO) or DYDX. Either way, you must also ensure you never invest more money than you can afford to lose.

Technical analysis by Valdrin Tahiri. 

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