- Technical indicators on GRT’s daily chart suggested that buyers had exited the altcoin’s chart.
- The surge in GRT’s price propelled the altcoin’s value above the major $0.1365 resistance level.
- The price of GRT skyrocketed more than 7% over the past 24 hours and stood at $0.1429 at press time.
The Graph (GRT) saw its price jump more than 7% over the past 24 hours. As a result of the latest surge, the altcoin’s price stood at $0.1429 at press time, according to the cryptocurrency market tracking website CoinMarketCap.
As a result of the positive daily performance, GRT’s gain throughout the past 7 days was nudged deeper into the green zone. Subsequently, the cryptocurrency’s weekly performance stood at +32.41%.
Daily chart for GRT/USDT (Source: TradingView)
GRT was able to blow past the $0.1365 barrier over the past 24 hours and continued to trade above this significant mark at press time. Following the break above this threshold, traders then attempted to boost the altcoin’s price above the subsequent resistance level at $0.1750 but were only able to elevate GRT to a high of $0.1649.
The opportunity to make a profit was too tempting…
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