Graph Price Analysis: Growth In Volume Activity Hints GRT To reclaim $0.2

The GRT/USDT pair retest a highly influential descending trendline which has carried the last two-month downtrend. Furthermore, the falling price hit a low at $0.119 and turned to walk a sideways path.

Timeline of The-graph

The Graph price analysis suggests an uptrend as a green candlestick has appeared on the price chart today. Bulls have tried to make a comeback after the price function covered range downwards for the last two days.

The Graph (GRT) achieved a new April low on 25 April at $0.32, allowing its price to extend its monthly decline past 40%. It quickly bounced back slightly over 20% from its new monthly low.