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- The Graph ($GRT) price was up 15% and above $0.10, rising as most altcoins gained.
- Bitcoin’s bullish flip this past week could boost altcoins, including $GRT.
- The Graph’s price is above a key level after a breakout of a technical pattern.
The Graph ($GRT) has emerged as one of the standout performers in the latest crypto rebound, gaining over 15% as sentiment across digital assets turned sharply positive.
The move follows Bitcoin’s rally to above $94,000, driven in part by speculation around easing trade tensions and a broader macroeconomic tailwind that lifted risk assets, including equities.
That momentum spread to altcoins, with $GRT among the top gainers within the 100 largest tokens by market capitalization.
Notably, The Graph’s price action in the past 24 hours saw buyers break above a key technical pattern.
It’s an outlook that mirrors the moves for Sui and Arbitrum prices.
The Graph price jumps 15% as altcoins rise
As noted, The Graph’s price has climbed 15% in the past day. It is also more than 31% up in the past week, which aligns with a broader altcoin rally after BTC spiked to above $94k.
On-chain activity, including staking by Indexers and Curators, continues to grow, potentially fueling further price gains for the altcoin.
Currently, $GRT is trading at $0.102, having jumped to an intraday high of $0.103.
The altcoin, which boasts a 24-hour trading volume of $59 million (up 44%) and market cap of $997 million, is the 71st largest among cryptocurrencies.
Strong buying momentum, driven by renewed interest in decentralized infrastructure projects, has pushed The Graph price above a key level.
$GRT reached its all-time high of $2.88 in February 2021.
Can $GRT price break to $0.2?
$GRT recently broke through a falling wedge pattern, a bullish technical setup that often signals a trend reversal.
In most cases, a retest of a key hurdle and subsequent explosive move adds to the intensity of a breakout.
As an analyst points out in the chart below, The Graph price’s breakout occurred as $GRT surpassed the $0.1 resistance level.
While not a major move, it’s an area representing a key psychological and technical barrier highlighted with a falling wedge.
$GRT is broke through the falling wedge pattern pic.twitter.com/pYMYeeH8Lq
— CW (@CW8900) April 25, 2025
In the market, analysts look at falling wedge patterns, characterized by converging trend lines and declining volume, as indicative of a potential bullish flip. Buyers step in to push prices higher.
Recently, another analyst shared a $GRT price chart showing a “perfect ABCD harmonic pattern.”
According to Alpha Crypto Signal, the altcoin was poised for a recovery, with this scenario unfolding on the weekly time frame.
#$GRT HTF Analysis:$GRT has formed a perfect ABCD harmonic pattern and is now looking primed for a recovery on the weekly timeframe. $GRT just needs to break out of this box zone, and once it does, it's ready to go much higher. Actively watching $GRT and grabbing some spot… pic.twitter.com/PI5mVpxvxu
— Alpha Crypto Signal (@alphacryptosign) April 21, 2025
If positive sentiment prevails, $GRT price could target $0.15 and then $0.2.
However, failure to maintain above $0.1 might see $GRT retest support near $0.072.