The Graph Price Prediction for Today, May 10 – GRT Technical Analysis

The
Graph
price
prediction
shows
that
GRT
is
beginning
to
restart
the
uptrend
after
touching
the
daily
low
of
$0.29.

The
Graph
Prediction
Statistics
Data:

• The
  Graph
  price
  now
  –
  $0.30
• The
  Graph
  market
  cap
  –
  $2.8
  billion
• The
  Graph
  circulating
  supply
  –
  9.4
  billion
• The
  Graph
  total
  supply
  –
  10.7
  billion
• The
  Graph
  Coinmarketcap
  ranking
  –
  #41

GRT/USD
Market

Key
levels:

Resistance
Levels:
$0.45,
$0.50,
$0.55

Support
Levels:
$0.15,
$0.10,
$0.05

GRT/USD
looks
green
today
as
the
coin
moves
to
cross
above
the
9-day
and
21-day
moving
averages.
However,
a
bullish
movement
toward
the
upper
boundary
of
the
channel
may
increase
the
Graph
price
to
$0.35.
However,
traders
should
note
that
a
consistent
price
increase
could
bring
more
buyers
into
the
market
if
the
bulls
increase
their
positions.

The
Graph
Price
Prediction:
Price
May
Begin
to
Break
Higher

In
the
past
few
days,
the
Graph
price
has
been
following
the
sideways
movement,
but
the
bulls
resumed
the
market
and
begin
to
push
the
coin
toward
the
resistance
level
of
$0.35.
Moreover,
the
daily
chart
reveals
that
if
the
9-day
moving
average
crosses
above
the
21-day
moving
average,
it
could
push
the
coin
to
the
upside.

Meanwhile,
bears
may
take
advantage
of
the
coin
and
could
face
the
lower
boundary
of
the
channel.
However,
if
the
Graph
price
remains
above
the
moving
averages,
it
could
spike
toward
the
upper
boundary
of
the
channel,
crossing
above
this
barrier
could
hit
the
resistance
levels
of
$0.45,
$0.50,
and
$0.55,
but
crossing
below
the
lower
boundary
of
the
channel
may
bring
the
price
down
to
the
supports
at
$0.15,
$0.10,
and
$0.05.

GRT/BTC
Goes
Bullishly

Against
Bitcoin,

the
Graph
price
is
hovering
above
the
9-day
and
21-day
moving
averages.
However,
intraday
trading
is
bullish
as
the
coin
moves
to
cross
above
the
upper
boundary
of
the
channel
to
reach
the
resistance
level
at
640
SAT
and
above.

On
the
contrary,
if
the
sellers
bring
the
market
down
below
the
moving
averages,
any
bearish
movement
to
the
downside
may
cause
this
coin
to
hit
the
support
at
320
SAT
and
below.
Meanwhile,
the
9-day
MA
remains
above
the
21-day
MA,
suggesting
a
bullish
signal.

However,
@AltCryptoGems
shared
insights
with
their
extensive
following
of
over
411k
on
X
(formerly
Twitter),
noting
that
The
Graph
is
showing
resilience
amidst
market
turbulence.
While
many
assets
are
faltering,
$GRT
stands
firm
in
its
support
zone.
Additionally,
it
appears
to
be
shaping
a
bullish
accumulation
triangle,
hinting
at
potential
upward
momentum.
Should
it
establish
another
higher
low
(HL),
it
could
present
a
favorable
entry
point.

Request
#3
–

$GRT
????

Honestly,
The
Graph
is
not
looking
bad
here.
While
most
of
the
market
is
breaking
down,

$GRT
is
holding
this
support
area.

As
you
can
see,
it
is
also
forming
a
sort
of
bullish
accumulation
triangle.

If
we
form
another
HL
it
would
be
a
good
entry!
????

pic.twitter.com/iQnNqmRR0U

—
Sjuul
|
AltCryptoGems
(@AltCryptoGems)

May
8,
2024

Alternatives
to
the
Graph

The
analysis
suggests
that
the
Graph
price
is
set
for
further
gains,
with
the
potential
for
a
bullish
movement
toward
the
upper
boundary
of
the
channel.
Despite
today’s
slight
increase,
the
Graph
maintains
its
bullish
trend,
potentially
surpassing
the
channel
boundaries
for
additional
gains.
Meanwhile,
while
The
Graph
(GRT)
maintains
stability,

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