The Graph

The post <a rel="noopener noreferrer nofollow" href="https://coinpedia.org/price-analysis/the-graph-price-analysis-heres-why-grt-price-can-crash-under-0-10-is-it-a-perfect-chance-to-sell/">The Graph Price Analysis: Here’s Why GRT Price Can Crash Under $0.10; Is It A Perfect Chance To Sell?</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinpedia.org">Coinpedia Fintech News</a> 
Falling under the crucial support zone near $0.1128, the GRT coin price falls by 5.38% in the last three days. However, the downtrend takes support at the support trendline of the triangle pattern.&nbsp; 
Currently, the <a href="https://coinpedia.org/price-prediction/the-graph-grt-price-prediction/" target="_blank" rel="noopener noreferrer nofollow">GRT price</a> shows an intraday fall of 0.94% and hints at the bearish breakdown of the triangle pattern.&nbsp; 
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 <img decoding="async" src="https://lh3.googleusercontent.com/orBQxqKencJs_DxPA_8stmHpJNUdgIjLkSN0CbITyrLAAMZ_7n0WGz0Dv5lFLvb2SAOUT9CvLtr_qZ7NybGHeJO3CJxIEdUE5pxWB6qQc3JQomYrXIrgcRtTO4k07c80JbflaerCAmKadh3O20o_kmg" alt=""> 
</figure> 
Failing to stay afloat above the 61.80% Fibonacci level at $0.1128, the GRT prices find excessive selling pressure leading to multiple bearish candles. The falling prices with an increase in trading volume warn of a bearish breakout.&nbsp; 
Technical indicators like the RSI and the MACD indicator display a solid bearish phase. The RSI line falls below the midline and approaches the halfway line. Meanwhile, the MACD and signal lines enter the negative territory with growing bearish histograms.&nbsp; 
Starting a negative trend from the 61.80% Fibonacci level, the breakdown rally can plunge the GRT coin price by 14.5%. Finding the next support level at $0.086 at 78.6% Fibonacci level, the Graph price might end the bullish dominance at the $0.10 psychological mark. 
If the GRT buyers hold off the selling spree at $0.086, a bullish reversal can challenge the $0.1128 overhead ceiling. Moreover, an early reversal as a retest of the breakdown is possible from the $0.10 mark.&nbsp;&nbsp;

The Graph Price Analysis: Here’s Why GRT Price Can Crash Under $0.10; Is It A Perfect Chance To Sell?

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