The Grass price has jumped 61.86% in the past 24 hours with a trading volume of $406.23 million, a change of 72.79%. Moreover, it has surged 183.61% since its inception. This highlights a strong buying pressure for it in the cryptocurrency market.
Solana-based altcoin $GRASS token has skyrocketed over 183% since its launch last week. Despite a slight pullback from its all-time high of $2.2 on Monday, the token is still trading above the key resistance level of $2.
The massive uptrend in $GRASS token's valuation has sparked speculation among traders on whether the token will continue to lead the Solana rally this November.
Here's a closer look at the price action and technical analysis for $GRASS token.
$GRASS Crypto Records A New ATH!
According to CoinGecko, the Grass price has jumped 61.86% in the past 24 hours with a trading volume of $406.23M, a change of 72.79%. Moreover, it has surged 183.61% since its inception, highlighting a strong buying pressure for the token in the cryptocurrency market.
From the price chart above, the Grass crypto hints at a bullish outlook in the upcoming time. The Relative Strength Index (RSI) continues hovering above its overbought range in the 1H time frame. With its average trendline recording a similar trend, the token could maintain its price rally in the upcoming week.
The SMA indicator constantly supports the Grass price chart, highlighting a strong buying pressure for the crypto token in the market. However, if the bears dominate the market this month, the Grass coin price could plunge toward its lower support level of $1.3660.
Wondering if the 5th largest crypto token will hit $200 this year? Check out our Solana (SOL) Price Prediction article to uncover the possible mysteries until 2030!
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