GRT Price Prediction 2024: Will GRT Reach $0.202502 by Oct 09, 2024?

GRT price is expected to rise by 29.70% in the next 5 days according to our The Graph price prediction. The Graph price today is trading at $0.159527

.202502 by Oct 09, 2024?" >

GRT price is expected to rise by 29.70% in the next 5 days according to our The Graph price prediction

The Graph price today is trading at $ 0.159527 after gaining 4.69% in the last 24 hours. The coin outperformed the cryptocurrency market, as the total crypto market cap increased by 3.59% in the same time period. GRT performed well against BTC today and recorded a 2.37% gain against the world’s largest cryptocurrency.

According to our The Graph price prediction, GRT is expected to reach a price of $ 0.202502 by Oct 09, 2024. This would represent a 29.70% price increase for GRT in the next 5 days.

GRT Price Prediction Chart

Buy/Sell The Graph

What has been going on with The Graph in the last 30 days

The Graph has been displaying a positive trend recently, as the coin gained 13.83% in the last 30-days. The medium-term trend for The Graph has been bearish, with GRT dropping by -15.03% in the last 3 months. The long-term picture for The Graph has been positive, as GRT is currently displaying a 88.68% 1-year price change. On this day last year, GRT was trading at $ 0.084547.

The Graph reached its all-time high price on Feb 12, 2021, when the price of GRT peaked at $ 2.87. The current GRT cycle high is $ 0.491682, while the cycle low is at $ 0.051894. GRT has been displaying high volatility recently – the 1-month volatility of the coin is at 12.07. The Graph recorded 17 green days in the last 30 days.

The Graph technical analysis for today - Oct 04, 2024

The sentiment in the The Graph markets is currently Neutral, and the Fear & Greed index is reading Fear. The most important support levels to watch are $ 0.149495, $ 0.144133 and $ 0.139509, while $ 0.159481, $ 0.164106 and $ 0.169468 are the key resistance levels.

Crypto market is currently experiencing Fear

Currently, the Fear & Greed index is at 41 (Fear), which signals that investors have a negative outlook on the market. The Fear & Greed index is a measure of sentiment among cryptocurrency investors. A “Greed†reading suggests that investors are currently optimistic about the cryptocurrency market, but can also be an indication that the market is overvalued. A “Fear†reading, on the other hand, signals that investors are currently hesitant about the cryptocurrency market, which potentially represents a buying opportunity.

The Graph moving averages & oscillators

Let’s take a look at what some of the most important technical indicators are signaling. We’ll be going through key moving averages and oscillators that will allow us to get a better idea of how The Graph is positioned in the market right now.

The Relative Strength Index (RSI 14) is a widely used indicator that helps inform investors whether an asset is currently overbought or oversold. The RSI 14 for The Graph is at 45.72, suggesting that GRT is currently neutral.

The 50-day Simple Moving Average (SMA 50) takes into account the closing price of The Graph over the last 50 days. Currently, The Graph is trading above the SMA 50 trendline, which is a bullish signal.

Meanwhile, the 200-day Simple Moving Average (SMA 200) is a long-term trendline that’s calculated by taking an average of the GRT closing price for the last 200 days. GRT is now trading above the SMA 200, signaling that the market is currently bullish.

The bottom line about this The Graph prediction

After considering the above factors, we can conclude that the current forecast for The Graph price prediction is Neutral. GRT would have to increase by 29.70% to hit our $ 0.202502 target within the next five days. Moving forward, it will be important to monitor the GRT market sentiment,

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