The Graph (GRT), one of the leading names of artificial intelligence coins, created a danger by losing nearly 15 percent of its value in a very short time.
GRT, which is among the popular coins in the artificial intelligence field, caused concern among its investors with its recent price movement. GRT, which has been following a positive trend for a while, especially in terms of technical analysis, came directly to the support zone with the withdrawal of BTC. The artificial intelligence coin, which decreased by 13.47 percent in a very short time, may be increasing its dangers.
Will GRT, which is currently pricing in a critical support area, receive an upward reaction? Which price zones are important to follow for GRT?
The decline may get deeper!
While BTC has retreated slightly, GRT has experienced a much larger decline and is currently trying to hold on to the support zone. The popular coin, which has weakened from $ 0.1621 to $ 0.1403, may see a very new sales wave if it cannot maintain the green area. In such a scenario, we can watch price movements to 0.1289 – 0.1169 – 0.1080 and 0.0965 dollars respectively.
Situations such as the artificial intelligence trend gaining more attention, BTC rising above $ 38,000 again, or GRT being able to maintain its current position will increase confidence in the parity. In such a case, the $0.1527 level can be targeted first. Afterwards, we can observe an increase up to 0.1751 – 0.1864 and 0.2077 dollars respectively.
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