Overnight Jump: GRT price shows a significant 7.79% overnight increase, hinting at the start of a new bullish phase.
Golden Crossover: The Graph token price chart is leading towards a golden crossover, indicating a bullish trend.
Double Bottom Reversal: A double bottom pattern suggests a continuation of the uptrend, with a potential target of $0.20.
New Roadmap Announcement Impact: Following a pullback due to an announcement about a new roadmap, GRT price enters a consolidation phase.
Consolidation Phase: GRT price consolidates between $0.12-$0.14, retesting the bullish break.
Altcoin Market Dynamics: With Bitcoin stable around $37K, altcoins like GRT are preparing to counter potential supply waves.
Intraday Trading Volume Trends: The decline in trading volume during the pullback suggests a lack of seller traction and strong buyer absorption.
Consolidation Near Fibonacci Level: The consolidation near the 50% Fibonacci level at $0.12-0.14 supports the bullish sentiment.
Current Trading Price: GRT is trading at $0.1375, indicating a bullish trend continuation.
Technical Indicators: The golden crossover in the daily chart and the bullish RSI above the halfway line support the uptrend.
Potential Price Skyrocket to $0.20: The conditions are ripe for GRT to potentially break out towards $0.20, influenced by the new roadmap and technical indicators.
Next Milestones and Support Levels: After breaking $0.20, GRT could aim for $0.25, with a key support level at $0.1128 in case of a reversal.
Golden Crossover: The Graph token price chart is leading towards a golden crossover, indicating a bullish trend.
Double Bottom Reversal: A double bottom pattern suggests a continuation of the uptrend, with a potential target of $0.20.
New Roadmap Announcement Impact: Following a pullback due to an announcement about a new roadmap, GRT price enters a consolidation phase.
Consolidation Phase: GRT price consolidates between $0.12-$0.14, retesting the bullish break.
Altcoin Market Dynamics: With Bitcoin stable around $37K, altcoins like GRT are preparing to counter potential supply waves.
Intraday Trading Volume Trends: The decline in trading volume during the pullback suggests a lack of seller traction and strong buyer absorption.
Consolidation Near Fibonacci Level: The consolidation near the 50% Fibonacci level at $0.12-0.14 supports the bullish sentiment.
Current Trading Price: GRT is trading at $0.1375, indicating a bullish trend continuation.
Technical Indicators: The golden crossover in the daily chart and the bullish RSI above the halfway line support the uptrend.
Potential Price Skyrocket to $0.20: The conditions are ripe for GRT to potentially break out towards $0.20, influenced by the new roadmap and technical indicators.
Next Milestones and Support Levels: After breaking $0.20, GRT could aim for $0.25, with a key support level at $0.1128 in case of a reversal.