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GLMR Price Prediction - Technical Analysis


www.altcoinbuzz.io 19 January 2022 14:31, UTC
Reading time: ~2 m

Moonbeam combines the best of both worlds: the familiar and easy-to-use tooling of Ethereum and the scalable, interoperable architecture of Polkadot.

Moonbeam is much more than just an EVM implementation: it’s a highly specialized Layer 1 chain that mirrors Ethereum’s Web3 RPC, accounts, keys, subscriptions, logs, and more. The Moonbeam platform extends the base Ethereum feature set with additional features such as on-chain governance, staking, and cross-chain integrations. Let us review GLMR price.

GLMR Price Prediction

GLMR has broken the resistance zone at $9.65. If it can continue staying above this resistance and flip it to support, we could start seeing a move towards $11.47, $13.08 and $15.96. Failure to hold the $9.65 zone could lead to a drop towards $8.51 which would be an excellent buy zone.

Images courtesy of TradingView.

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