Gate Token booms 23% in 7 days: Will GT hit new highs or correct to $13.9?

• While GT’s price increased, its social metrics also improved. 
• Selling pressure on the token increased, which could cause a price correction soon. 

Gate Token [GT] has showcased impeccable performance last week as it pushed its price up in double digits.

Therefore, AMBCrypto planned to assess the token’s on-chain data to find out its possible targets for the coming days. 

Gate Token bulls are pushing hard!

CoinMarketCap’s data revealed that GATE’s price skyrocketed by nearly 24% in the last seven days.

At the time of writing, GT was trading at $16.10 with a market capitalization of over $1.42 billion, making it the 71st-largest token.

The good news was that while the token’s price gained bullish momentum, its trading volume also surged over the last few days.

Generally, an increase in volume amidst a price increase acts as a foundation for a continued price rise. This latest value hike also had a positive impact on the token’s social metrics.

For instance, GT’s Social Volume remained high, reflecting its popularity. Its Weighted Sentiment also registered an uptick—a sign of building bullish sentiment around the token.

Source: Santiment

Mapping GATE’s future trajectory

AMBCrypto then checked other datasets to find out whether this bull rally will continue further. As per our analysis of Santiment’s data, GT’s MVRV ratio increased, which suggested a price rise in the coming days.

It was interesting to note that while the token’s price increased, its network activity also rose, which was evident from the hike in its daily active addresses.

Nonetheless, after a sharp uptick, Gate Token’s network growth started to decline, meaning that fewer new addresses were being created to transfer the token.

Source: Santiment

However, despite the recent bull rally, the token has a few concerns to address. For instance, its Relative Strength Index (RSI) was resting in the overbought zone, which usually results in a price correction.

Additionally, its Chaikin Money Flow (CMF) also moved southwards. This indicated that selling pressure on the token was rising—a further indication of a price correction.

Read Gate Token [GT] Price Prediction 2025-26

In the event of a correction, investors might witness Gate Token dropping to $13.9. A further decline might push GT to the $10.8 mark. 

But, if bulls manage to remain dominant in the market, it will be crucial for the token to go above the $16.9 resistance, in order to sustain the bull rally. 

Source: TradingView