Is It Too Late To Buy GRASS? Grass Price Skyrockets 27% And This Might Be The Next Crypto To Explode
The Grass price has skyrocketed 27% in the last 24 hours to trade at $2.46 as of 3:25 a.m. EST on a 56% pump in trading volume to $173 million. Grass Price Continues The Uptrend After A Short Correction The GRASS/USD pair on a 1-hour timeframe shows a strong bullish trend, highlighted by a series of bullish technical patterns. Around November 6, the price formed a bullish wedge pattern, which led to a breakout as the price action developed a parabolic curve, indicating increasing buying momentum and accelerated gains. Parabolic moves indicate strong demand, but they can also foreshadow a potential pullback if the curve becomes too steep. Key moving averages reinforce this bullish sentiment, with the 50-simple moving average (SMA blue line) currently providing support around $1.98, and the 200-hour moving average (green line) further below at approximately $1.49, indicating a robust long-term uptrend. GRASSUSD Analysis Source: Dextools.io Technical indicators such as th...