GRASS/USDT - BUY IDEAGRASS is in strong bullish trend since launched.
As the market is consistently printing new HHs and HLs on higher TF.
Currently the market is retracing a bit after last HH on daily and now forming bullish div , market just gave the falling wedge breakout.
If the market successfully sustain this bullish confluence the next leg high could go for new HH.
we will enter at 2.6198
SL - 2.2788
TP1 - 2.9625
TP2 - 3.3035
GRASSUSDT
GRASS about to get mowed down...The GRASS grew and grew...and now the lawn mower is coming...it's gonna get chopped down by the blades of retracement!
Shown here on the 1 hour chart, a very prominant head and shoulders pattern.
On the bright side ...with a little sunshine and water...I'm sure it will grow again!
— Best wishes.
Grass If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment!
I'm bullish on $GRASS
if it can form an impulse up here and break 3.40.
Has been pivoting at the levels I have labeled in the previous charts...check my profile.
There is a swift reaction here but it appears to be a Zig Zag correction down atm. So here I am looking for an impulse up for a possibility of continuation.
3.40 is a key component here as well. If it rejects, it could lead to a deeper retracement.
Trade Safe,
Trade Clarity.
GRASS Token Surges 14% Following Binance 75x Leverage ListingSolana’s GRASS token has surged by 14% following Binance’s launch of a new 75x leverage perpetual contract for GRASSUSDT, providing traders with fresh opportunities in the crypto derivatives market. Here’s an analysis of what’s propelling GRASS’s recent price momentum and a breakdown of its technical outlook.
Binance Introduces 75x Leverage Perpetual Contracts for GRASS, DRIFT, and SWELL
In a recent announcement, Binance launched perpetual contracts for GRASSUSDT, DRIFTUSDT, and SWELLUSDT, each allowing leverage up to 75x. This strategic listing opens the door for high-leverage traders looking to capitalize on volatility in Solana’s GRASS token, as well as DRIFT and SWELL.
Multi-Asset Mode and Increased Trading Flexibility
These new contracts are supported by Binance’s Multi-Asset Mode, allowing traders to use a range of assets, including BTC, as margin collateral. This feature enhances trading flexibility, enabling users to manage margin with reduced risk by diversifying their collateral.
Alongside GRASSUSDT, Binance’s Smart Arbitrage program is introducing trading opportunities for XRP and DOGE, featuring up to 20.95% APR on specific holdings. The promotion offers 45,000 USDT in rewards and is expected to attract increased trading volume across these assets until November 21. For high-exposure traders, the inclusion of multi-asset support adds an element of risk management in volatile market environments.
Why GRASS is Gaining Momentum
1. Increased Demand from Perpetual Contracts
The introduction of the GRASSUSDT perpetual contract has elevated trading interest, sparking a 14% increase in GRASS price. Perpetual contracts allow traders to enter high-leverage positions, driving speculative interest and volume.
2. Solana’s Strength in the DeFi Space
As a key token within the Solana ecosystem, GRASS benefits from Solana’s continued expansion in the decentralized finance (DeFi) space. The recent demand increase reflects broader confidence in Solana’s network and its potential to attract a diverse range of projects, from DeFi protocols to meme tokens. By offering leveraged futures on Binance, GRASS now appeals to a wider audience seeking high-risk, high-reward opportunities.
Technical Outlook:
Currently, $GRASS is trading up by 10% on the 2-hour chart, showing some indications of a temporary pullback. The RSI on this shorter timeframe stands at 59, indicating a slightly overbought state. Analysts suggest that GRASS may be forming a consolidation phase within a falling wedge pattern. This pattern can be indicative of a potential breakout, yet a short-term pullback could occur before the next upward surge.
Key Price Levels: Targeting $5 and $10
On a daily chart, GRASS maintains a bullish outlook with an RSI near 60, suggesting ongoing strength across longer time frames. If the price continues its current momentum, it could approach resistance levels at $5 and potentially extend towards $10 if buying interest sustains.
Conclusion
Binance’s launch of high-leverage perpetual contracts for GRASS has spurred a wave of interest in Solana’s token, evidenced by a 14% price increase. With multi-asset support, attractive funding rates, and a Smart Arbitrage campaign that includes XRP and DOGE, Binance is fostering an environment ripe for high-exposure trading on GRASS.
Grass ($GRASS) Token Surges 272% Since ListingIn a rapidly evolving market, Grass ($GRASS) has emerged as a standout, rallying 272% since its listing and recently climbing to $3 per token—a 58.84% increase in just 24 hours. This ascent has made it one of the top gainers above $400M market cap today, as it gains momentum both in terms of user adoption and trading volume. With a mission to decentralize web crawling and data-sharing, Grass is positioning itself as a game-changer in the AI data ecosystem.
Grass Tokenomics
Since its debut, Grass has shown remarkable returns for miners and early adopters, making it an attractive asset for crypto investors. Listed initially at $0.83, GRASS surged to an all-time high of $3.03 today, with the current price only slightly lower, down 1.56% from its peak. Grass now holds a market cap of $729.9 million, placing it at #118 on CoinGecko's rankings. With a 24-hour trading volume of $654.2 million, up 68.8% from the previous day, GRASS’s trading activity is intensifying, reflecting heightened investor interest.
A notable statistic is Grass’s fully diluted valuation (FDV), currently at $2.99 billion, which represents the theoretical maximum market cap based on the total potential supply of 1 billion tokens. With 240 million tokens circulating today, the high FDV hints at significant market confidence in Grass’s long-term potential as it grows its user base and technical capabilities.
The Vision Behind Grass
Grass’s project goal is as ambitious as it is groundbreaking. It aims to create the first open, user-owned, internet-scale web crawl—an endeavor that only two companies have previously accomplished at scale. Grass envisions a decentralized network powered by over 3 million active nodes, where users can share their unused bandwidth in exchange for rewards from verified institutions. This process allows users to contribute to AI data collection while being fairly compensated, addressing a crucial need for accessible, high-quality data for machine learning and AI models.
By empowering individuals to participate in data collection and incentivizing their bandwidth contributions, Grass could disrupt traditional web crawling monopolies, democratizing internet data and enabling AI research and applications to thrive on a user-owned foundation.
Technical Analysis
From a technical perspective, Grass shows signs of continued bullish momentum despite its recent rally. At the time of writing, $GRASS is up 13% and maintains a robust Relative Strength Index (RSI) reading of 71, placing it in overbought territory—a sign of strong buying pressure. This elevated RSI, while suggesting a possibility of consolidation, could indicate that Grass still has upward momentum.
On the daily price chart, $GRASS appears to be forming a falling wedge pattern. This formation is typically seen as a bullish continuation pattern, which suggests that if $GRASS breaks out from this structure, it could experience another significant surge in price. Analysts are watching closely for a decisive move, as the breakout could offer traders further opportunities for gains.
Where to Trade Grass
For those interested in trading $GRASS, it is currently available on multiple major exchanges. Bitget is the most active platform, with the GRASS/USDT pair seeing a trading volume of $104.8 million in the past 24 hours. Other exchanges where GRASS can be traded include Bybit and Gate.io, providing ample liquidity for both new and existing investors.
Grass vs. the Market and AI Crypto Sector
Grass has outperformed both the broader cryptocurrency market and its AI crypto peers over the past week. With a 7-day price increase of 191.4%, GRASS is far ahead of the general crypto market’s 8.9% gain and even surpasses the 4.3% rise seen among other AI-focused cryptocurrencies. This performance further solidifies GRASS as a high-potential asset within the AI crypto segment, attracting attention for its unique approach to decentralized data gathering.
Conclusion
Grass’s decentralized, user-owned web crawl is a bold initiative that addresses a critical need in the AI and data industries. By enabling millions of users to contribute unused bandwidth for rewards, Grass is crafting a knowledge graph that could rival those of tech giants. With whales accumulating tokens and trading volume on the rise, investor interest is steadily climbing, supporting Grass’s recent rally and positioning it for future growth.
While technical indicators like the RSI and falling wedge pattern suggest potential for near-term gains, the broader vision of Grass points to a longer-term shift in the AI data ecosystem. For investors and crypto enthusiasts alike, $GRASS represents an innovative addition to the blockchain space—one that merges decentralized technology with AI-driven objectives, all while rewarding its community for their contributions.
Grass price consolidates before the next impulseOne of the few successful listings in recent months was #GRASS
📊 OKX:GRASSUSDT.P price did not repeat the story of “colleagues in the shop” - other "tap" coins, which after distribution and listing fell like a stone into the downtrend, but grew more than 3 times in a few days.
What's next? Waiting for the consolidation to end, and:
🐳 Continued growth according to the blue scenario, at least to $2.60
💔 It's dangerous to hold a long below $1.40, as the fall will be in the $0.75-0.85 zone
Which scenario do you prefer?
Grass: New kinda high! I'm bullish on if it can stay above 2.40.
TP on my triangle trade, now is the wave going to extend?
PA has broke above and flipped level Identified on the last charts and has been following the bullish path.
The count is a bit sus to me so looking for some clarity. But, it looks like a nice pretty triangle to a break up. Need it to hold the2.40 level and give us a wave 4 and 5 here to be sure. Break down, watching the lower levels.
GRASSUSDT.P Higher, but lacking convictionHello everyone!
It's U.S. election day, so I'll keep this one short so you can enjoy the election show!
Today we’re looking at **GRASS/USDT** on the 30-minute timeframe. The price seems to be moving higher, but I’m seeing a series of lower highs and low volume. The lower highs trendline is pushing the price toward the 200MA. If the 200MA holds and the price breaks above the trendline with an increase in volume, there could be a chance to challenge the previous top. In this scenario, I'd like to see some volume come in to confirm the breakout.
Alternatively, I’d prefer to see a brief dip below the 200MA with a bounce from the 0.236 Fibonacci level, supported by volume. Either of these scenarios could lead me to take action.
This is not financial advice.
Stay safe, and enjoy the day!
Why $GRASS is a Cryptocurrency to Watch$GRASS has caught the attention of investors with a unique vision of creating the first-ever user-owned knowledge graph of the entire internet, $GRASS is not just a meme coin; it has the potential to disrupt the industry. Let’s delve into the future prospect of $GRASS to understand its growth potential.
Technical Analysis
As of now, $GRASS is trading at $1.59 USD, experiencing an impressive 11.10% increase in the last 24 hours. The trading volume has also seen significant activity, with approximately $323,904,947 USD changing hands, indicating strong investor interest.
Technically, $GRASS is currently positioned near an ascending trendline. This trendline indicates that the price may continue its upward trajectory, provided it remains above this critical support level. The main support for $GRASS is set at $1.4763, with an additional support level at $1.2391 should the price experience a further downturn.
Price Expectations
The chart reflects a steady upward trend, supported by the trendline, suggesting that buying momentum remains intact. If this momentum continues, the first target for $GRASS is projected at $2.2, representing a potential increase of 41% from its current price. Furthermore, the Relative Strength Index (RSI) stands at 50, indicating that $GRASS is poised to gather enough momentum to escape the symmetrical triangle pattern forming on the chart.
Revolutionizing Web Crawling
One of the most compelling aspects of $GRASS is its innovative approach to web crawling. Currently, the network is powered by over 3 million users running nodes to scrape petabytes of data for AI models. Only two companies globally possess the capability to crawl the entire web, and this has formed the backbone of their multi-trillion dollar businesses.
The Vision of Grass
Grass aims to disrupt this landscape by creating a decentralized, user-owned knowledge graph, fundamentally changing how data is collected and utilized across the internet. As institutional investors increasingly recognize the vision behind $GRASS, this could lead to further interest and investment in the token.
Market Sentiment and Future Potential
The broader cryptocurrency industry appears to be shifting positively, with institutional investors beginning to understand the potential behind innovative projects like $GRASS. The next pivotal point for $GRASS is set at the $2.6 mark, a move that seems plausible given the ongoing bullish momentum and the strong community backing.
Conclusion
In conclusion, $GRASS presents a unique opportunity for investors looking to capitalize on a project with both technical strength and a solid fundamental vision. With its innovative approach to web crawling and the potential for substantial price growth, $GRASS is a token worth watching closely. As the cryptocurrency market continues to evolve, $GRASS could very well be at the forefront of this transformation.
Investors should conduct thorough research and consider market conditions before making any investment decisions. As always, stay informed and invest wisely!
$GRASS - Will it Continue to Pump?$GRASS has seen an impressive surge in recent days.
Since its listing, $GRASS has been pumping, marking it as one of the best-performing mobile mining airdrops lately.
Will this momentum continue, leaving all the short-sellers—or 'grass cutters'—caught off guard?
Technical Outlook:
It failed to break its lower timeframe high and is now retesting the VWAP upper band.
The key local resistance is at $1.67. If it fails to break above this level, we may see a move down revisiting $1.30 to $1.20 area (VWAP).
Grass: Sprouts or time to cut. If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment!
I'm bullish on $GRASS if it can stay above 1.30.
Reacts in areas identified on the last chart.
Still having issues getting above and staying above the 1.70 level. If it can break above, and flip that would be ideal. Breach of 1.95 and it could be an impulse complete.
Trade Safe,
Trade Clarity.
Grass: Green? or brown?If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment!
Some questionable elliottwave structure in the wave one, but if it can stay above 1.37 here or above, and complete a move past the ath, I would be inclined to say impulse up is completing.
1.70 is the level the bears have to break to keep this party going, so if it does break I will be looking for how it breaks. A flip of the level would be ideal.
Trade Safe,
Trade Clarity.
