GRT Technical Analysis: The Price Is Almost At The Bottom

The GRT cryptocurrency cannot be considered one of the strongest on the market at the moment. Sellers managed to lower the GRT price from April 2021 by 75%. If strong cryptocurrencies did not update the lows of May-June 2021, GRT confidently did so. Thus, long-term investors who bought GRT since December 2020 now have unprofitable positions. Should we expect miracles from the GRT cryptocurrency? Let’s find out. https://www.tradingview.com/x/kv2eThkE/ In the weekly timeframe, we see an increase in trading volumes during the five weeks from 25 April 2021. The increase in investor interest occurred after sellers broke the mark of $0.31. So far, starting in February 2021, the GRT price has fallen in low volumes. However, the increase in trading volumes is not yet clear on the weekly timeframe. Therefore, to predict a rebound in the coin price above $0.31 is still unwise. Another positive factor for buyers is the GRT price stop near the bottom trend line of the fall channel. Yes, sellers managed to lower the price below this trend. However, the aggressiveness of the fall dropped significantly after 9 May. Thus, we expect the end of the fall wave from April 2022 and the beginning of the reversal of the GRT market. GRT Technical Analysis On The Daily Timeframe https://www.tradingview.com/x/sa95SN5u/ Analyzing the movement of the GRT price on the daily timeframe, you can see the importance of the local liquidity zone of $0.13. In this...