The Graph (GRT) has experienced a significant downturn, losing 3.15% against the US Dollar in the last 24 hours. This decline is part of a broader bearish trend, with GRT also falling 2.71% against BTC and 2.83% against ETH. Despite a 104.17% increase over the past year, GRT is currently trading 23.39% below its predicted value for October 25, 2024.

Market sentiment remains pessimistic, with 18 out of 30 indicators signaling a bearish forecast. The Fear & Greed index stands at 73, indicating market greed, which could suggest overvaluation. Key support levels to watch are $0.164866, $0.162629, and $0.159177, while resistance levels are $0.170556, $0.174008, and $0.176245.

Investors should exercise caution as the cryptocurrency market remains highly volatile and unpredictable.