The Graph Gained 118.58% in Last Month and is Predicted to Reach $0.442242 By Mar 13, 2024

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.

• The Graph is up 3.97% today against the US Dollar
• GRT/BTC increased by 2.10% today
• GRT/ETH increased by 3.92% today
• The Graph is currently trading 20.17% below our prediction on Mar 13, 2024
• The Graph gained 118.58% in the last month and is up 202.72% since 1 year ago

GRT price is expected to rise by 29.85% in the next 5 days according to our The Graph price prediction

is trading at $ 0.353055 after gaining 3.97% in the last 24 hours. The coin outperformed the cryptocurrency market, as the total crypto market cap increased by 4.23% in the same time period. GRT performed well against BTC today and recorded a 2.10% gain against the world’s largest cryptocurrency.

According to our The Graph price prediction, GRT is expected to reach a price of $ 0.442242 by Mar 13, 2024. This would represent a 29.85% 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 118.58% in the last 30-days. The medium-term trend for The Graph has been bullish, with GRT increasing by 108.41% in the last 3 months. The long-term picture for The Graph has been positive, as GRT is currently displaying a 202.72% 1-year price change. On this day last year, GRT was trading at $ 0.116630.

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 $ 0.359507, while the cycle low is at $ 0.051894. GRT has been displaying high volatility recently – the 1-month volatility of the coin is at 22.54. The Graph recorded 19 green days in the last 30 days.

The Graph technical analysis for today – Mar 09, 2024

The sentiment in the The Graph markets is currently Bullish, and the Fear & Greed index is reading Extreme Greed. The most important support levels to watch are $ 0.320811, $ 0.295645 and $ 0.276297, while $ 0.365325, $ 0.384673 and $ 0.409839 are the key resistance levels.

Bullish sentiment for The Graph

27 indicators are currently signaling a bullish prediction for The Graph, while 2 indicators are showing a bearish forecast. With 93% of indicators favoring a positive prediction. This results in an overall Bullish sentiment for The Graph.

Crypto market is currently experiencing Extreme Greed

Currently, the Fear & Greed index is at 81 (Extreme Greed), which signals that investors have a positive 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 72.99, suggesting that GRT is currently overbought.

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 below the SMA 50 trendline, which is a bearish 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 below the SMA 200, signaling that the market is currently bearish.

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 Bullish. GRT would have to increase by 29.85% to hit our $ 0.442242 target within the next five days. Moving forward, it will be important to monitor the GRT market sentiment, the key support and resistance levels, and other metrics. However, we have to keep in mind that the cryptocurrency markets are unpredictable, and even the largest crypto assets display a lot of price volatility. For long-term The Graph price predictions click here.

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.