Gravity is a Layer 1 blockchain designed for mass adoption and an omnichain future.

1. G Basic Info

SymbolG
NameGravity
Web Sitehttps://gravity.xyz
Wallet--
Source--
Explorerhttps://gscan.xyz
Forum--
Mining
Supply12000000000
Available Supply7232700000
Market Cap119122569
White Paper--
Is ICONone
Raised Funds-
Distribution-
Algorithm--
Proof--
Total12000000000
Release Date2024-07-19

2. G Technical Info

2.1 G Kline Chart Price

2.2 G Technical Analysis

Based on the K-line data provided, the short-term trend appears bearish, indicating a potential continuation of the downward movement observed in the recent past. The price has shown a pattern of lower highs and lower lows, with increased volume on days of significant price declines. This is a signal that the bearish trend is supported by active selling pressure. However, the market is demonstrating some volatility, and temporary price increases are possible.

Over the medium term, considering the prior price consolidation and the most recent downward trend, there is a high probability of further price declines. A key level to monitor is the support near 0.016. A break below this level could trigger a more substantial downward move.

In the long term, the market is expected to experience price fluctuations. Potential for price recovery exists. However, the sustainability of any upward movement will be crucial. Further data and market analysis will be needed to determine the ultimate trend direction and long-term stability.