- GRT has valued between $0.1125 and $0.1376 in the past 24 hours.
- Bulls grab control of the GRT market, driving the price by more than 10%.
- Indicators point to a long-term bull trend in the GRT market.
After experiencing a period of adverse sentiment earlier in the day, The Graph’s (GRT) market bullishness has returned, and the price has risen to an intra-day high of $0.1376. As of press time, the bulls had pushed the price up to $0.1297, an 11.09% increase, showing evidence of the market’s upturn.
During the upturn, market capitalization, and 24-hour trading volume increased by 9.82% and 66.02% to $1,143,901,463 and $302,428,153, respectively. This increase in the Graphs’ market cap indicates that investors are becoming more optimistic about the project’s future, and are consequently investing more money into it. Hence as long as investor confidence is high, this positive trend is expected to continue soon.
GRT/USD 24-hour price chart (source: CoinMarketCap)
As the Keltner Channel bands advance north, with the upper band at 0.12673673 and the bottom bar at 0.10040689, the bullish momentum grows as more buyers join the market. This move is evidenced by th…
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