GRAM rises 3.47% as broader trend stays weak
BROBROK News · Based on reporting by DiarioBitcoin ·
GRAM climbed 3.47% to $1.22, but the rebound came on volume below its 30-day average and with a still-bearish MACD. The token remains under several longer-term moving averages, suggesting the move has not yet confirmed a trend reversal.
Key points
- GRAM rose to $1.22 after opening at $1.18
- Daily volume was 10.45% below the 30-day average
- Price is above the SMA-7 but below the 15- to 200-day averages
- MACD remains bearish and RSI stands at 37.7
- No clear catalyst, derivatives data, or on-chain metrics were available
Why it matters
The price action points to a short-term bounce rather than a confirmed recovery. That matters because weaker volume and bearish momentum can make the move less reliable for market participants.
Original headline: “GRAM sube 3,47% el 31 de octubre, pero la tendencia de fondo sigue débil”
Read the original on DiarioBitcoin
Summary and analysis written by BROBROK News from the original report. Read the full story on the source website. Not investment advice.