To keep up with the rapid rise of Bitcoin (BTC), The Grap (GRT) has given the green light to the field of artificial intelligence.
BTC surpassed $45,000 for the first time since April 2022, activating the altcoin market. Some altcoins failed to perform as expected due to their dominance. Projects that adapt to BTC price fluctuations also attracted attention. One of these projects was GRT, which works in the field of artificial intelligence. This popular cryptocurrency gained 18.76 percent in value in the last 24 hours and ranked fifth on the “Most Rising” list.
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GRT, one of the most entered altcoins of 2024, experienced an increase of nearly 30 percent in a short time. GRT, which stands out by leaving other artificial intelligence coins behind, is trading at $ 0.2196 at the time the news was published. BTC’s upward trend, decreasing dominance or positive developments in artificial intelligence will continue to add value to GRT. In such a scenario, we can observe a movement towards the $0.2618 and $0.3018 levels.
Factors such as the sharp decline in BTC, dominance approaching 60%, and the artificial intelligence field remaining in the background will naturally create sales pressure on GRT. In such a scenario, it initially traded at $0.2077 and could decline to $0.1864. From now on, we can follow the support levels from $0.1527 to $0.14 and $0.1169.
