GRTUSD chart price prediction for today February 5th may continue to remain above the $012 resistance

Join our Telegram channel to stay up to date with the latest news coverage. The Graph price prediction shows that GRT could see a bullish rally if the market can keep the coin above the $0.12 resistance level.
The Graph forecast statistics:
The Graph price is now $0.11
The Graph has a market cap of $1 billion
The Graph circulating supply is 8.7 billion
The Graph total supply is 10.5 billion
The Graph Coinmarketcap ranks 52nd
GRT/USD Market
Key Levels:
Resistance Levels: $0.15, $0.17, $0.19
Support Levels: $0.09, $0.07, $0.05
GRTUSD - Daily Chart
GRT/USD is rising 3.27% at $0.11. As the coin is recording some gains, the Graph price is likely to continue its bullish run if the coin breaks out of the upper boundary of the channel. Meanwhile, if the bulls apply more pressure on the market, the price can be expected to continue to rise.
The Graph Price Prediction: GRT/USD could surge
The Graph price is heading towards $0.11 above the 9-day and 21-day moving averages. If the price continues to create bullish momentum, traders can expect the price to continue to rise towards the upside. Meanwhile, as the technical indicator Relative Strength Index (14) moves in the overbought area, resistance levels at $0.15, $0.17, and $0.19 may be found in the long term.
However, if the coin maintains its bullish run in the next few days, traders might see more gains to higher levels. Meanwhile, The Graph price is trying to create a bullish run in the short term. Conversely, any bearish run below the moving averages could push the coin back to the long-term support levels of $0.09, $0.07, and $0.05.
For Bitcoin, if buyers can keep the coin above the 9-day and 21-day moving averages, the Graph price has the potential to break out of the upper boundary of the channel. As things stand, the market needs to increase in volume and resistance to spark an upward move in the market. Currently, The Graph (GRT) is trading around 510 SAT. Conversely, traders can expect close support at 400 SAT and below.
GRTBTC - Daily Chart
However, if the bullish trend pushes the price to the upper boundary of the channel, traders can confirm the bull run of the coin. In addition, since the technical indicator relative strength index (14) is above the 70 level, indicating a bullish trend, the nearest resistance may be located at 600 SAT and above.
Alternatives to The Graph
The Graph is currently steadily rising and is currently trading at $0.11, having gained nearly 3.27% in the past 6 days. It is currently sitting above the $0.10 support level, and consolidation of this support is expected to help the coin reach $0.15 or higher. At this point, the Meta Masters Guild presale is still selling at a rapid pace and has currently raised $2.7 million for the future development of the token. However, if the presale continues to sell MEMAG at this rate, it will sell out before the last day, so investors should act quickly to avoid missing out.
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