Analysis of #GRT for 09/25/2024

Price forecast (short-term, medium-term)

Short-term forecast: The GRT price has a good chance of continuing to grow after breaking through the descending triangle upwards, but it needs to stay above $0.19 to confirm the bullish trend. In case of a rebound from $0.18, we can expect a retest of $0.19, and then a movement to $0.20.

Medium-term forecast: If the $0.20 level is broken and consolidated above, further growth to $0.22 and higher is possible. Otherwise, the price may correct to $0.16–$0.155, where the next significant support is located.

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