GRASS Token Surges 190% as Nvidia Keynote Fuels AI Crypto Rally

Edgen Crypto·Mar 18 2026, 06:15

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Key Takeaways

The GRASS token has seen a significant price increase, fueled by a broader rally in AI-related cryptocurrencies following positive commentary from Nvidia's CEO. The token is now approaching a critical technical resistance level that will determine its short-term direction.

GRASS surged nearly 190% in just 22 days, including a 28% gain on March 17, recovering from a prior 96% crash from its peak.
The rally was catalyzed by Nvidia's GTC conference, where CEO Jensen Huang highlighted a $1 trillion opportunity in AI, boosting tokens like GRASS, FET, and NEAR.
The token faces a critical resistance test at the $0.49–$0.50 zone, which aligns with its 200-day moving average and will determine a potential move toward $0.60 or a pullback to $0.34.

GRASS Surges 190% in 22 Days on AI Sector Momentum

The GRASS token experienced a sharp 28% price increase on March 17, extending a powerful trend reversal that has seen its value climb nearly 190% in the last 22 days. This recovery follows a period of significant decline where the token had previously crashed over 96% from its all-time high of approximately $3.96. The sustained upward movement, marked by consistent higher highs and higher lows, indicates strengthening momentum and a potential shift in market structure from its prior downtrend.

Nvidia Keynote Catalyzes Rally Toward $0.50 Resistance

The token's recent performance is directly linked to a sector-wide surge in artificial intelligence projects. The primary catalyst was Nvidia's GTC conference, where CEO Jensen Huang's keynote address highlighted a potential $1 trillion market for AI chips and the rapid development of agentic AI. While not directly mentioning crypto, his comments ignited fresh interest and capital rotation into AI-linked and DePIN tokens. Projects like Fetch.ai (FET) and NEAR Protocol saw similar gains, underscoring the broad market sentiment supporting GRASS's ascent as it approaches a key resistance zone.

Technicals Show Key Test at 200-Day Moving Average

GRASS is now confronting a major technical hurdle at the $0.49 to $0.50 price range, a level that coincides with its 200-day Exponential Moving Average (EMA). This zone is a critical test for bulls. A decisive breakout and hold above this resistance would confirm the trend reversal and could accelerate the price toward short-term targets of $0.55 and $0.60. However, with the Relative Strength Index (RSI) approaching 70, the asset is nearing overbought conditions, which could trigger a short-term correction. If the price fails to break the resistance, it could be rejected back toward lower support levels at $0.34 or even $0.31.