The post GRT Price Prediction: Graph Prepares A Run Beyond $0.50 appeared first on Coinpedia Fintech News
With a sharp rise in trend momentum, the GRT price is witnessing a trend reversal on the weekly charts. The skyrocketing trading volumes, the 78% jump within the last 20 days, and the overall optimism in the market fuel the bull run in the Graph token.
Despite the good times starting for GRT hodlers, the bears still hold critical forts at higher levels, like the psychological mark of $0.50. Will the GRT Price reach $1? For a more detailed approach to the potential price trend of The Graph, check out our GRT price prediction.
Weekly Reversal Sets The Graph For A Bull Run
With a retest of the 50-week EMA, the GRT price takes off to form three consecutive bullish weekly candles. The sharp reversal accounts for a jump of almost 80% and challenges the $0.30 mark.
Source- Tradingview
Further, the $0.30 mark aligns with the 23.60% Fibonacci level that marks a critical b
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