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The post <a href="https://coinpedia.org/price-analysis/grt-price-is-back-on-bullish-track-eyes-to-surpass-0-15/" rel="noopener noreferrer nofollow">GRT Price Is Back On Bullish Track, Eyes To Surpass $0.15!</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a>
Despite the strong and solid bullish breakout rally of a falling wedge, the GRT price hits a bearish roadblock with a market-wide correction. However, the resilient holders overcome the quick supply wave and continue to follow the bullish track.&nbsp;
Further, the price of Bitcoin surpasses the $37K mark as it moves on from the Binance-induced bear phase. With the market leaders overcoming the pressure, altcoins are headed on a fast-track journey to recovery.
<figure class="wp-block-image size-large"><img decoding="async" width="1024" height="463" src="https://image.coinpedia.org/wp-content/uploads/2023/11/23132805/GRTUSD_2023-11-23_10-16-14-1024x463.png" alt="" class="wp-image-247872" srcset="https://image.coinpedia.org/wp-content/uploads/2023/11/23132805/GRTUSD_2023-11-23_10-16-14-1024x463.png 1024w, https://image.coinpedia.org/wp-content/uploads/2023/11/23132805/GRTUSD_2023-11-23_10-16-14-300x136.png 300w, https://image.coinpedia.org/wp-content/uploads/2023/11/23132805/GRTUSD_2023-11-23_10-16-14-768x348.png 768w, https://image.coinpedia.org/wp-content/uploads/2023/11/23132805/GRTUSD_2023-11-23_10-16-14-1536x695.png 1536w, https://image.coinpedia.org/wp-content/uploads/2023/11/23132805/GRTUSD_2023-11-23_10-16-14-150x68.png 150w, https://image.coinpedia.org/wp-content/uploads/2023/11/23132805/GRTUSD_2023-11-23_10-16-14.png 1825w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
Source- <a href="https://www.tradingview.com/x/v3kP042M/" rel="noopener noreferrer nofollow">Tradingview</a>
Following the impressive bullish trend rise with the falling wedge breakout, the GRT price is stuck in a sideways stroll. However, the sharp moves in the highly volatile sideways trend keep the action exciting.&nbsp;
Moreover, a sigmoidal distribution of trading volume over the past few weeks reflects the silent phase and anticipates a bullish return.&nbsp;
Currently, the GRT price trades at $0.1413 with an intraday fall of 2.55%, forming a bearish candle. However, the last night’s jump of 15% undermines the 9.73% drop on 21st November. Therefore, it is evident that the buyers are preparing a solid comeback and may soon surpass the $0.15 barrier.&nbsp;
Technical Indicators:
EMA: The golden crossover in the 50D and 200D EMA remains the bullish highlight of the GRT price chart. Signalling a bullish trend reversal, the EMAs expect a long-term uptrend in the Graph.
RSI indicator: The daily RSI line continues a declining slope as it approaches the halfway line.&nbsp;
<h2 class="wp-block-heading" id="h-will-the-grt-price-skyrocket-to-0-20">Will The GRT Price Skyrocket to $0.20?</h2>
As the market returns to the bullish cycle, the GRT price gracefully takes on the high road with the intent to reach $0.15. Moreover, the recent bullish engulfing candle improves the possibility of an uptrend per technical standards.&nbsp;
Therefore, the $0.15 breakout will signal an excellent entry point for sideline traders and potentially pump the Graph token price to $0.20.
However, a reversal under $0.12 can plunge the token value to $0.1128 if things go south.

GRT Price Is Back On Bullish Track, Eyes To Surpass $0.15!

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