The price forecast for graph, when GRT rises by 15%
The price forecast for graph, when GRT rises by 15%
- The price of The Graph (GRT) rose by 15% and over $ 0.10, since most old coins were added.
- The bullish trend of Bitcoin last week could also inspire old coins, including the GRT.
- The price of The Graph lies after a breakout from a technical pattern over a key brand.
The Graph (GRT) has established itself as one of the outstanding performers in the latest crypto rebound and has increased by over 15%, since the mood for digital asset was sharp.
This increase follows the rally from Bitcoin over $ 94,000, some of which are caused by speculation about the relaxation of the trade conflicts and a wider macroeconomic tailwind, the risky assets, including shares.
This momentum spread on altcoins, whereby GRT was one of the largest winners within the 100 largest tokens after market capitalization.
It is a view that is reflected with the movements of the prices of Sui and Arbitrum.
The Graph's price jumps by 15%, while old coins rise
As already mentioned, The Graph's price has risen by 15% in the past 24 hours. He also rose by more than 31% in the last week, which corresponds to a wider Altcoin-Rally after BTC has increased over $ 94,000.
on-chain activities, including staking by indexers and curators, continue to grow what could potentially heat further price rising for the altcoin.
Currently GRT is traded at $ 0.102 after he has risen to a daily high of $ 0.103.
The Altcoin, which has a 24-hour trade volume of $ 59 million (plus 44%) and a market capitalization of $ 997 million, is the 71st largest among cryptocurrencies.
Strong moment of purchase, driven by re-interest in decentralized infrastructure projects, has raised the price of The Graph over a key.
GRT reached its all -time high of $ 2.88 in February 2021.
Can the GRT price break out to $ 0.2?
GRT has recently broken a falling wedge pattern, a bullish technical setup that often signals a trend change.
In most cases, a retest of an important hurdles and the subsequent explosive movement increases the intensity of an outbreak.
How an analyst In the diagram below, the outbreak of the price occurred from the price of The Graph, as GRT the resistance mark of $ 0.1 exceeded.
Although it is not a big movement, it is an area that is an important psychological and technical barrier that is highlighted by a falling wedge.
$ Grt target = "_ blank" href = "https://t.co/pymyeeh8lq"> pic.twitter.com/pymyeeh8lq
- cw (@cw8900) 25. April 2025
Analysts falling wedge patterns on the market, which are characterized by convergent trend lines and decreasing volume, consider signs of a possible bullish trend change. Buyers intervene to drive the prices higher.
Recently another analyst shared a GRT-Preischart that shows a “perfect ABCD harmonious pattern”.
According to Alpha Crypto Signal, the Altcoin was ready for relaxation, whereby this scenario unfolded in the weekly time frame.
#grt htf Analysis: $ Grt has formed a perfect ABCD harmonic pattern and is now ready for recovery in the weekly time frame. $ Grt only has to break out of this boxing zone, and as soon as this is ready to rise much higher. I actively observe $ Grt and grip something spot ... pic.twitter.com/pi5mvpxvxu
- Alpha Crypto Signal (@alphacryptosign) 21. April 2025
If the positive mood continues, the GRT price $ 0.15 and then $ 0.2 could target.
If, however, if this does not work over $ 0.1, GRT could test the support at around $ 0.072.
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