The Graph ($GRT) has experienced a notable 5.469% price increase over the past 24 hours, reflected by its trading range between 0.117 and 0.1087. With Bollinger Bands indicating price volatility, the current uptrend appears moderately strong, supported by a solid base at 0.1087 and resistance at 0.117. Although Bitcoin’s influence remains undefined, macroeconomic factors such as ongoing inflation concerns and evolving regulatory landscapes could bolster investor sentiment, positively impacting GRT. Given the volatility, a short-term trading strategy may be prudent. A key takeaway is that as GRT aligns with the broader market's uptrend, proactive traders could capitalize on potential breakouts above resistance.
