{"id":594111,"date":"2024-11-02T10:02:28","date_gmt":"2024-11-02T10:02:28","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=594111"},"modified":"2024-11-02T10:02:28","modified_gmt":"2024-11-02T10:02:28","slug":"is-it-too-late-to-buy-grass-grass-price-soars-40-and-this-might-be-the-next-crypto-to-explode","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/is-it-too-late-to-buy-grass-grass-price-soars-40-and-this-might-be-the-next-crypto-to-explode","title":{"rendered":"Is It Too Late To Buy GRASS? Grass Price Soars 40% And This Might Be The Next Crypto To Explode"},"content":{"rendered":"

The Grass price surged 40% in the last 24 hours to trade at $1.5607 as of 11:23 p.m. EST on trading volume that jumped 31% to $298 million, according to <\/span>CoinGecko<\/span><\/a>.<\/span><\/p>\n

Grass Price Poised For A Bullish Rally Continuation<\/b><\/h2>\n

According to the GRASS\/USDT price analysis on the 1-hour timeframe, the Grass price has been in a continued rally since its launch despite slightly dropping to the $0.78 support. This support allowed the bulls to push the price within a rising channel pattern, forming key support areas within the channel at $0.98 and $1.08.<\/span><\/p>\n

The Grass price now aims for a bullish rally continuation, with GRASS surpassing the upper boundary of the channel.<\/span><\/p>\n

GRASS is now trading above the 50-day Simple Moving Average (SMA), which now acts as the immediate support zone at $1.1522 and a confirmation that the asset will still rise.<\/span><\/p>\n

Furthermore, the Relative Strength Index (RSI) seems to be crossing above the 70-overbought region, currently at 80, indicating intense buying pressure from the bulls.<\/span><\/p>\n

The Moving Average Convergence Divergence (MACD) also supports the bullish stance, as the blue MACD line crosses above the orange signal, representing a bullish crossover.<\/span><\/p>\n

If the bullish rally continues, the price of Grass could surge even further, as the bulls aim for prices above $2.0.<\/span><\/p>\n

\"Grass<\/p>\n

GRASS\/USDT Chart Analysis (Source: Tradingview)<\/span><\/i><\/p>\n

Meanwhile, as the RSI shows overextended conditions and that the asset is overvalued, the Grass price may go through some correction to the next possible support level at $1.152, on the 50-day SMA level.<\/span><\/p>\n

As the Grass price soars, investors looking for alternatives may want to consider<\/span> Crypto All-Stars (STARS)<\/span><\/a>, an innovative new ICO that has raised over $2.95 million.<\/span><\/p>\n

According to ClayBro, a prominent crypto analyst on YouTube with over 130K subscribers, $STARS has the potential to soar 10X after its launch.<\/span><\/p>\n