$GRASS Price Spikes Above $2, Is a New All-Time High Coming?
By: crypto news|2025/05/14 12:45:04
0
Share
The $GRASS price has broken the $2 barrier for the first time since March, notching a 35% surge on the daily—the apparent altcoin of choice among traders. Better-than-expected US inflation data and a US-China trade agreement have reincentivised risk-on sentiment, opening the doors to fresh retail liquidity.The move concludes a two-month-long consolidation phase, range-bound between $2 and $1.40. Clear of this hurdle, Grass Network has a new standing in the “best crypto to buy” conversation. What’s Pushing the $GRASS Surge?Today’s $GRASS price surge seems fueled by organic spot demand rather than speculative interest, with no major fundamental developments driving the move.The derivatives market remains bullish, but balanced. The 24-hour Long/Short Ratio sits at 1.27, according to CoinGlass data—just 55% of traders are betting on increases.Open interest is also on a steady uptrend rather than a one-off spike, an indicator of sustained growth.Grass Open Interest. Source: CoinGlass.$GRASS Price Prediction: A New All-Time High Could Be NearThe $GRASS price teeters on a pivotal breakout from a symmetrical triangle pattern that has been forming since the start of the year, now battling to overcome its upper resistance.GRASS / USDT 1-day chart, symmetrical triangle breakout. Source: TradingView / Bybit.With the breakdown of an earlier ascending triangle priced in, Grass has fully exhausted its bearish momentum. With wider market headwinds clearing, it now has the fundamental backing for a surge.If momentum continues, the pattern sets a breakout target around $5.75, representing a potential 160% surge from current prices. This outlook is supported by the MACD, which continues to widen its lead above the signal line—often an early sign of a sustained mid-term trend.That said, the sharp upward move has pushed the RSI beyond the overbought threshold at 70, currently sitting at 72. This could be a precursor to a correction as buying reaches exhaustion.A false breakout here could trigger a pullback, potentially retesting the $2 level as a resistance zone turned support.This New ICO Could Be the Next Sleeper PickBest Wallet ($BEST) is a non-custodial crypto wallet that introduces a set of new and robust features to challenge the dominance of existing solutions like MetaMask and Exodus.This Web3 storage solution supports assets in more than 50 blockchains and offers low fees for swaps.It also introduces tools like “Upcoming Tokens”—a crypto screener that allows users to identify and invest in top ICOs while they are still flying below most investors’ radars.Upcoming tokens. Direct access. No extra steps. Best Wallet gives you exclusive access to new tokens before they hit the mainstream, all directly from the app.Discover early-stage projects before the crowd! Download the app today! https://t.co/qh6F57hoL4 pic.twitter.com/RmDemeqMUt— Best Wallet (@BestWalletHQ) May 14, 2025The upcoming Best Card takes the place of the traditional debit card, allowing seamless real-world transactions using stablecoins anywhere that Mastercard is accepted. Best Wallet is already making waves, raising over $12 million in the ongoing presale for its new $BEST utility token. Its app is already featured on Google Play and the App Store.To learn more about Best Wallet, follow its official X, Telegram, or visit the Best Wallet website.The post $GRASS Price Spikes Above $2, Is a New All-Time High Coming? appeared first on Cryptonews.
You may also like
Upcoming Auction of Token FOLD: What is The Interfold Supported by Vitalik?
The Demystification of AI Collaboration Tools: Is Organizing Reports and Checking Spreadsheets the Most Common Scenario?
Goldman Sachs Trading Desk: The Sell-off of Momentum Stocks in the U.S. is Fierce, Unseen Since 2020! But No 'Panic' Yet, Retail Investors are the Biggest Support
Collateral USD: How does the "second layer dollar" above stablecoins form?
Under the reference framework of the offshore dollar system, once stablecoins are incorporated into the collateral financing chain, it may give rise to a new type of dollar debt based on them—“collateralized dollars.” Whether this layer of debt can be established and whether it is stable depends on ...
How has the Pacific "fever" turned extreme weather into a cash machine for Wall Street?
The extreme weather caused by El Niño is sweeping through the commodity markets, becoming not only a "weather code" for quantitative funds and traders to frantically profit from, but also quietly driving up global food prices and the cost of living for ordinary people.
Trade Spot Market Orders With More Control: WEEX Adds Slippage Tolerance
WEEX Spot now supports Slippage tolerance for market orders, helping users set a maximum acceptable price deviation before placing a market buy or sell order
Morning Report | One week after the full implementation of the EU MiCA, 21 stablecoin issuers and over 270 crypto service providers have obtained regulatory qualifications; Microsoft lays off 4,800 employees, with Xbox accounting for about 3,200 of the...
July 7 Market Important Events Overview
Morning News | SK Hynix officially launches the marketing promotion process for its U.S. stock listing; the Central Cyberspace Administration announces the results of the first phase of rectifying AI application chaos, with over 14,000 non-compliant pr...
July 6 Market Important Events Overview
How has Binance's stock business performed in the 30 days since its launch?
Emerging market buying supported the first wave of demand.
Blockchain Capital Partner: AI is rewriting the fundamental unit of labor
The rise of AI is rewriting the basic unit of labor from "positions" and "companies" to "tasks." When programmable labor meets programmable currency, a production line without companies, salary systems, or HR becomes possible for the first time.
Can Open USD support Stripe's ambitions?
Stripe collaborates with multiple parties to launch OUSD, not only challenging the dominance of USDC but also exposing its trillion-dollar ambition to transition from a "payment interface" to a "next-generation funds settlement network."
Founder of Baixing.com: I believe half of the statement that large language models devour everything
The internet has been shouting for so many years about devouring everything. Has it really devoured everything now? Is it the internet that devours everything, or is it the large models that devour everything? Both are devouring, and nothing is left?
A "legal" robbery? Attackers emptied the BonkDAO treasury by buying tickets
Handing over the keys to the vault to a public vote where "anyone can spend money to participate," without sufficient oversight mechanisms, even the most legitimate governance ideals may turn into the most convenient tools for attackers.
Should You Buy Bitcoin Now? What the Data Says After a 50% Pullback
Should you buy Bitcoin now? Explore Bitcoin's nearly 50% pullback, ETF outflows, on-chain data, Strategy's BTC sale, and historical trends to assess whether July 2026 is a buying opportunity.
WEEX P2P now supports BDT & LKR—Merchant Recruitment Now Open
To make crypto deposits easier, WEEX has officially launched its P2P trading platform and continues to expand fiat support. We're excited to announce that the Bangladeshi Taka (BDT) and Sri Lankan Rupee (LKR) are now available on WEEX P2P!
The cryptocurrency industry has become a traditional industry
For entrepreneurs and retail investors still in this industry, they should either embrace the current changes or explore the next unpredictable field in cryptocurrency.
Chip frenzy cooling down? Morgan Stanley's Wilson: Funds are shifting towards AI supercomputing giants like Microsoft and Amazon
Morgan Stanley's chief equity strategist Wilson pointed out that the momentum in the semiconductor sector is waning, with the Philadelphia Semiconductor Index having dropped nearly 14% from its peak. Funds are shifting towards AI supercomputing giants like Microsoft, Amazon, and Meta, as well as sec...
Morning Report | Vitalik outlines Ethereum's long-term roadmap, Lean Ethereum will become the third major iteration; SK Hynix seeks to attract more AI investors by listing in the U.S
July 5 Market Important Events Overview
Upcoming Auction of Token FOLD: What is The Interfold Supported by Vitalik?
The Demystification of AI Collaboration Tools: Is Organizing Reports and Checking Spreadsheets the Most Common Scenario?
Goldman Sachs Trading Desk: The Sell-off of Momentum Stocks in the U.S. is Fierce, Unseen Since 2020! But No 'Panic' Yet, Retail Investors are the Biggest Support
Collateral USD: How does the "second layer dollar" above stablecoins form?
Under the reference framework of the offshore dollar system, once stablecoins are incorporated into the collateral financing chain, it may give rise to a new type of dollar debt based on them—“collateralized dollars.” Whether this layer of debt can be established and whether it is stable depends on ...
How has the Pacific "fever" turned extreme weather into a cash machine for Wall Street?
The extreme weather caused by El Niño is sweeping through the commodity markets, becoming not only a "weather code" for quantitative funds and traders to frantically profit from, but also quietly driving up global food prices and the cost of living for ordinary people.
Trade Spot Market Orders With More Control: WEEX Adds Slippage Tolerance
WEEX Spot now supports Slippage tolerance for market orders, helping users set a maximum acceptable price deviation before placing a market buy or sell order
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com




