- The GRT price closed the previous day’s close at $0.4256 with a market capitalization of $1.99 billion and a circulating supply of 4.72 billion GRT
- The asset from the past couple of days gained huge bullish momentum and barged in the immediate pivot levels, aiming to smash a higher target beyond $0.5
The Graph Token Price Analysis: How High Will GRT Crypto Price Go in March 2022?
The GRT price began the monthly trade with a healthy consolidation just below the pivotal levels at around $0.39.However, the asset gained a huge influx of buying volume in the past couple of days which uplifted the price above the accumulation. Currently, the GRT price has broken the pivotal levels and continues to maintain a significant uptrend.
The price may continue to rise higher and eventually smash the immediate resistance close to $0.5. Here, if the asset holds strong above these levels, then the rally may continue to surge high to test the next resistance at around $0.8. As these levels are untouched for quite a long time, the probabilities of liquidations are slightly higher. Therefore, the asset may close the monthly trade in between $0.5 to $0.7 levels.
The Graph Token Price Prediction: Will GRT Price Hit $5 in 2022?
The Graph token maintained a significant descending trend ever since the asset marked its bull run in Q4 2021. After a prolonged descending consolidation, the asset finally broke up and ignited a strong uptrend. The uptrend may continue until the monthly close and eventually ignite a notable bullish trend later.
One can expect a notable bullish trend to continue further where-in the GRT price may aim to secure positions above $1 initially. Further continuing the bullish trend, the asset may even try to rise beyond the ATH to reach the $1.5 milestone too. However, here it could face an interim pullback, followed by a minor consolidation. Yet the bullish trend could prevail but $5 in 2022 may not be achievable following the current pace.
Additional Read: The Graph Technical Analysis
The Graph Token Price Analysis: GRT Price Table (Last 07 Days)
|Date||All-Time High||All-Time Low||Market Capitalization|
|15 March 2022||$0.4370||$0.3513||$2.02B|
|14 March 2022||$0.3773||$0.3263||$1.68B|
|13 March 2022||$0.3600||$0.3161||$1.64B|
|12 March 2022||$0.3282||$0.3177||$1.52B|
|11 March 2022||$0.3395||$0.3159||$1.52B|
|10 March 2022||$0.3474||$0.3167||$1.51B|
|09 March 2022||$0.3649||$0.3349||$1.61B|
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