Are GRT Bulls Ready For A Run?

The Graph protocol has a market cap of $2.9 Billion and is ranked 39th in the CMC. The volume of token price has seen a surge of 47% in the last 24 hours. GRT token price is trading near the value of $0.31 with a slight gain in the intraday session.
GRT token price is forming a weak bearish candles on the daily chart. It is trading below the 50 and 100 EMA on the 4 hour chart. The upside trend of the asset price can see a halt near $0.45. Meanwhile the support for the asset price can be seen near $0.28.
The RSI of GRT is near 41 with no slope in it. The overall sentiment of the indicator is bearish in nature.
Harmonic PatternsTrend Analysis

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