GRT is attempting a recovery.

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Graph (GRT) price forecast – September 12
The graph market is trying to recover by trading against the US dollar. The last ninety day trading session saw a high of $0.1569 and a low of $0.08576. Price is currently averaging 1.63% to $0.1186.

Graph (GRT) price statistics:
GRT price now – $0.1186
GRT market value – 818.4 million dollars
GRT circulation supply – 6.9 billion
GRT total supply – 10 billion
Coinmarketcap Rank – #57

GRT/USD market
Key steps:
Resistance levels: $0.15, $0.175, $0.20
Support levels: $0.095, $0.085, $0.075

GRT/USD – Daily Chart
The daily chart shows that the GRT/USD market has pushed slightly above the minor SMA trend line and is trying to recover. The 14-day SMA indicator is at $0.1109, below the 50-day SMA indicator line of $0.1388. A horizontal line is drawn at the $0.095 support level. The Stochastic Oscillators moved into the overbought range to reach the 98.89 and 99.26 range points.

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Could there be more sustained growth in the GRT/USD market soon?

The upward movement of the GRT/USD market will not last for long, although the crypto economy is trying to recover and is pushing towards a known high. In an effort to move further north from the current trading point, the 14-day SMA trend line should not exactly breach the south side of the buy signal to avoid panic selling. Investors should hold their positions on a long run basis.

In technical lows, going by the reading of stochastic oscillators, the situation suggests that the downward movement will resume in the short term. A sudden pull-up after any minute cannot turn into a failure in a short period of time. The main resistance trading line is around the 50-day SMA value point, around $0.1388. Bears can regain control of the market in the long term at $0.10 up to the support line.

GRT/BTC price analysis

The graph trading activity seems to be gradually pushing towards the highest trading point in Bitcoin. And the cryptocurrency pair market will soon stop trying to pull further north of the large-SMA trend line. The 50-day SMA indicator is closer to the 14-day SMA indicator than the 14-day SMA indicator. To reach the values ​​of 77.62 and 78.65, the Stochastic Oscillators have been combined at some level in consolidation mode. This indicates that the base crypto is on the verge of losing its position against the anti-trade crypto.

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