Crypto Of The Week: Buy GRT For Gains Upto ?

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The Graph is our crypto buy pick for the week and smaller term targets include moves of 10-20% and if you hold long enough you may get a multibagger coin here.

In this article, we will look at Grt crypto price target by looking at the price chart and technicals.

For on-demand analysis of any cryptocurrency, join our Telegram channel.

The Graph Crypto Price Target

  • Price: $0.235
  • Market Capitalization: Approximately $2.35 billion
  • 24-Hour Trading Volume: $150 million
  • Circulating Supply: 10 billion GRT
  • Total Supply: 10 billion GRT
The Graph Crypto Price Target
Src- Altfins

 Price is in a Downtrend, however, it had a bullish breakout from Falling Wedge pattern, which could signal at least a temporary bullish trend reversal with upside potential to $0.11 resistance. Stop Loss at $0.07.

Also Read, Does the Graph support the transfer of subgraph ownership using NFTs?

Technical Indicators

  • Relative Strength Index (RSI): 45.
  • Moving Averages
    • 50-day SMA: $0.230
    • 200-day SMA: $0.250
  • Trading Volume Trends: A 5% increase in 24-hour trading volume.
  • Trend: Short-term trend is Strong Down, Medium-term trend is Strong Down, Long-term trend is Strong Down.
  • Momentum is Bullish but inflecting.
  • Support and Resistance: Nearest Support Zone is $0.08. Nearest Resistance Zone is $0.11, then $0.15.

Price Predictions

  • 2025 Forecast: Based on various analyses, GRT is expected to have the following price ranges in 2025
    • Minimum Price: $0.166
    • Maximum Price: $0.535
    • Average Trading Price: $0.904

Recent Developments

  • Ecosystem Growth: The Graph has expanded its indexing support to multiple Layer 2 solutions.
  • Partnerships: Collaborations with major blockchain projects have strengthened The Graph’s position as a leading decentralized indexing protocol.
  • Community Engagement: The Graph Foundation has launched initiatives to support developers and encourage community participation in protocol governance.

For on-demand analysis of any cryptocurrency, join our Telegram channel.

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Harsh Panghal
Harsh Panghal

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