#GRT price is reaching the upward trend line. Considering the strength of the upward trend, it is expected that after breaking the dynamic resistance and retesting it, it can grow up to $0.600.
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#GRT price has reached the support level of $0.3200-$0.3350 . If this level is broken, the price can dump to the support level of $0.2300-0.2450.
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#GRT moves in a very bullish regular channel in the 4-hour time frame. After reaching the resistance level of $0.3300-$0.3550 and the ceiling of the channel, the price started to decrease, and now it has reached the bottom of the channel.
According to the trend of this currency, it is expected to continue moving in the upward channel and reach $0.4100 in the next step. If the bottom of the channel can not support the price, the price can decrease to the support level of $0.2300-$0.2000 .
According to the trend of this currency, it is expected to continue moving in the upward channel and reach $0.4100 in the next step. If the bottom of the channel can not support the price, the price can decrease to the support level of $0.2300-$0.2000 .
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After reaching the resistance level of $0.3300-$0.3550 , #GRT started to decrease, and with more than 25% decrease, it has reached the support area of $0.2300 .
The price has left the ascending channel . The subsequent critical demand zone at $0.2 is vital to watch because it is known for its strong liquidity and history of catalyzing significant upward movements.
Securing a strong rebound is essential to sustain support. Failure to rebound could intensify bearish momentum, worsening market sentiment, and potentially leading to further price declines.
The price has left the ascending channel . The subsequent critical demand zone at $0.2 is vital to watch because it is known for its strong liquidity and history of catalyzing significant upward movements.
Securing a strong rebound is essential to sustain support. Failure to rebound could intensify bearish momentum, worsening market sentiment, and potentially leading to further price declines.
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#GRT is moving in a descending channel on the daily time frame, which is actually part of a bullish flag pattern.
To maintain the upward trend in the higher time frame, the price should be maintained above the level of 0.150 -0.136 .
Breaking this level means changing the trend and making sellers stronger. The price needs some rest in the areas of this level to return. After reaching the bottom of the channel and the demand level, there is a possibility of the price returning to the channel ceiling and the resistance area of $0.33 - $0.355 .
To maintain the upward trend in the higher time frame, the price should be maintained above the level of 0.150 -0.136 .
Breaking this level means changing the trend and making sellers stronger. The price needs some rest in the areas of this level to return. After reaching the bottom of the channel and the demand level, there is a possibility of the price returning to the channel ceiling and the resistance area of $0.33 - $0.355 .
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