The Grass Price Surge Continues

草价持续上涨

In the past 24 hours, the Grass price has witnessed a remarkable 40% surge, reaching $1.5607 as of 11:23 p.m. EST. Trading volume has also increased significantly by 31% to $298 million, as per CoinGecko.

在过去 24 小时内，Grass 价格大幅上涨 40%，截至晚上 11:23 达到 1.5607 美元。美国东部时间。根据 CoinGecko 的数据，交易量也大幅增长 31%，达到 2.98 亿美元。

Bullish Momentum for Grass

草的看涨势头

Technical analysis of the GRASS/USDT pair on the 1-hour timeframe reveals a continuous rally since its launch, despite a brief dip to the $0.78 support level. This support has provided a foundation for a rising channel pattern, with crucial support zones within the channel at $0.98 and $1.08.

GRASS/USDT 对 1 小时时间范围内的技术分析显示，尽管短暂跌至 0.78 美元的支撑位，但自推出以来持续上涨。这种支撑为上升通道形态奠定了基础，通道内的关键支撑区域为 0.98 美元和 1.08 美元。

The Grass price is currently poised for a bullish continuation, with GRASS exceeding the channel's upper boundary. The price is now trading above the 50-day Simple Moving Average (SMA) of $1.1522, acting as immediate support, indicating further potential for growth.

Grass 价格目前准备继续看涨，GRASS 已超过通道上限。目前价格交投于 1.1522 美元的 50 日简单移动平均线 (SMA) 之上，该均线是直接支撑，表明进一步增长的潜力。

Furthermore, the Relative Strength Index (RSI) is approaching the overbought region (70), currently at 80, suggesting strong buying pressure from the bulls. The Moving Average Convergence Divergence (MACD) also supports the bullish sentiment, as the MACD line crosses above the signal line, representing a bullish crossover.

此外，相对强弱指数 (RSI) 正接近超买区域 (70)，目前为 80，表明多头施加强劲买盘压力。移动平均线收敛背离 (MACD) 也支持看涨情绪，因为 MACD 线穿过信号线上方，代表看涨交叉。

If the bullish momentum continues, the Grass price could rise further, with targets above $2.0 for the bulls.

如果看涨势头持续，草价可能进一步上涨，多头目标高于 2.0 美元。

Cautionary Note

注意事项

However, it's important to note that the RSI indicates overextended conditions, suggesting the asset may be overvalued. A potential correction to the next support level at $1.152, corresponding to the 50-day SMA, could occur.

然而，值得注意的是，RSI 表明过度扩张的情况，表明该资产可能被高估。可能会出现向下一个支撑位 1.152 美元（对应 50 日移动平均线）的潜在修正。

Alternative Investment Option

另类投资选择

While Grass continues to surge, investors seeking alternatives may consider Crypto All-Stars (STARS), an innovative new ICO that has secured funding of over $2.95 million.

尽管 Grass 继续飙升，寻求替代方案的投资者可以考虑 Crypto All-Stars (STARS)，这是一种创新的新 ICO，已获得超过 295 万美元的融资。

According to ClayBro, a renowned crypto analyst on YouTube with a significant following, $STARS has the potential to increase tenfold post-launch.

YouTube 上拥有大量追随者的著名加密货币分析师 ClayBro 表示，$STARS 在推出后有可能增长十倍。