The Graph (GRT) Price and Market Status on May 11, 2025Current Price: Approximately $0.0815 USD, based on price predictions indicating a potential drop of -7.94% from recent levels, as forecasted for May 11, 2025.Market Sentiment:Technical indicators suggest a neutral to bearish sentiment, with a Fear & Greed Index score of 73 (indicating Greed but with bearish signals at 42%).Over the last 30 days, GRT recorded 16/30 (53%) green days, with a price volatility of 10.13%.Price Prediction for May 2025:Minimum: $0.0904Maximum: $0.105Average: Around $0.0977Analysts expect a potential decline by mid-May, with a forecasted price of $0.0745 by May 20, 2025, a -8.60% drop from current levels.Key Technical Indicators:50-day Simple Moving Average (SMA): $0.0935, currently falling, indicating a weakening short-term trend.200-day SMA: $0.1671, rising, suggesting a strong long-term trend despite short-term bearishness.Relative Strength Index (RSI): 47.12, indicating a neutral market position (neither overbought nor oversold).Market Cap and Trading Volume:Exact market cap for today isn’t specified, but The Graph’s market cap is typically calculated by multiplying the current price by its circulating supply (around 9.5 billion GRT). At $0.0815, this would estimate a market cap of roughly $774 million.Trading volume data for May 11 isn’t directly available, but recent trends show The Graph’s volume varies significantly with market sentiment.Recent Performance:The Graph has shown volatility, with a 0.48% gain projected from recent values but an overall bearish outlook for the short term.On a four-hour chart, GRT is bearish, with the 50-day SMA falling. However, the daily chart suggests potential support if the price stays above the 50-day SMA ($0.0935).Broader Crypto Market Context (May 11, 2025)Total Market Cap: The crypto market is valued at approximately $3.3 trillion, up 11.20% from last week, indicating bullish momentum.Bitcoin Dominance: Bitcoin holds 61.83% of the market cap, with its price at $104,169 (+0.97% today). The Graph, as an altcoin, is influenced by Bitcoin’s performance, and altcoins have faced heavier declines recently.Other Altcoins:Ethereum (ETH): $2,538.56 (+8.73% today), but down -45.3% in Q1 2025 to $1,805 by March.XRP: $2.41 (+2.04%).Solana (SOL), Avalanche (AVAX), and others have seen gains of 8-20% today, but altcoins generally underperformed Bitcoin in Q1.Market Sentiment: The Fear & Greed Index for the broader market is at 70-75 (Greed), driven by institutional adoption, SEC approvals for ETFs, and pro-crypto policies under Trump’s $BTC $ETH $XRP #AltcoinSeasonComing administration. However, volatility remains high due to trade tariffs and regulatory concerns.#ETHCrossed2500 #StrategyTrade