GRT can 10x in a few weeks! Best time to buy now?Technical analysis
GRT looks extremely good on the weekly chart. We can see that the downtrend ended on a breakout of the red trendline, and since then, the price has been going upward. I believe this coin will 10x in 2024 if you buy it at the current price. We should hit an all-time high in 2024, and in 2025, this coin will continue in the price discovery! Put a stop-loss below my support zone!
Let me know what you think about my analysis, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.
What Makes The Graph coin Unique?
The Graph is working to bring reliable decentralized public infrastructure to the mainstream market. To ensure economic security of The Graph Network and the integrity of data being queried, participants use Graph Token (GRT). GRT is a work token that is locked-up by Indexers, Curators and Delegators in order to provide indexing and curating services to the network.
GRT will be an ERC-20 token on the Ethereum blockchain, used to allocate resources in the network. Active Indexers, Curators and Delegators can earn income from the network proportional to the amount of work they perform and their GRT stake. Indexers earn indexing rewards (new issuance) and query fees, while Curators earn a portion of query fees for the subgraphs they signal on. Delegators earn a portion of income earned by the Indexer they delegate to.
Let me know what you think about my analysis, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.
GRT
GRT/USDT upward momentum what next? 🚀GRT Analysis💎 Paradisers, turn your attention to #GRTUSDT! We're witnessing potential signals of a bullish turnaround from the crucial support point at $0.3535. Maintaining strength at this juncture could foreshadow a significant move ahead. It's noteworthy that #GRT is currently following a descending trendline, which, if broken in favor of an upward movement, sets sights on the initial resistance target at $0.5027.
💎 Should the price struggle to sustain its stance at this critical support, we may need to explore alternative scenarios. Anticipating a bullish resurgence from the Fair Value Gap (FVG) level or eyeing the lower support at $0.2667 becomes crucial, especially since the market has already probed liquidity beneath this level.
💎 Proceed with caution: slipping past this secondary line of defense might spell a move into deeper bearish territory, underscored by intensified selling activity. It's imperative to remain alert and flexible as we navigate the evolving dynamics of the #GRT market.
GRTUSDT upwards targets in fib extension+resistance fan putting fib extension levels over a larger fib speed resistance fan. daily TF log.
Next few days GRT will break out of current channel even just laying still sideways. Pressure is on the bears to keep it to the lower half of the current channel. If sellers can't produce strong enough dumps, GRT shoots out the channel to the ceiling of the channel above which is above $0.30 for the next 2 months. fib extension level 1 = $0.285. So about 200% gain from the current price. That's the most conservative estimation.
It could happen much faster too. Then we would be looking at sub $0,60 price range. That's 400% gain.
GRT: sell high channel📊Analysis by AhmadArz:
🔍Entry: 0.442
🛑Stop Loss: 0.459
🎯Take Profit: 0.427 -0.410 -0.398
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!
The Graph breaking up from two different channels Very close to hitting the teal channels breakout target, after that we head for the pink channels breakout target…also likely to go to the beginning of the red bearflag pole around 51 cents as is common with inverse Bart patterns. *not financial advice*
GRT (The Graph): Powering the Decentralized Data Ecosystem📈 GRT (The Graph): Powering the Decentralized Data Ecosystem with Innovation! 📈
Hello Crypto Community! 👋 The FXProfessor here, unraveling the vibrant narrative of GRT (The Graph). Let's explore how this trailblazing token is carving its niche in the decentralized data exchange sector.
GRT's Market Performance:
💥 Recently, GRT joined the AI token surge with a significant 19% rise, demonstrating robust market dynamics amid a broader crypto rally (u.today).
🚀 Its price has soared by 20% in just seven days, reaching intraday highs of $0.154, a testament to its growing market confidence.
Innovative Roadmap:
🛠️ In one of its most significant updates, The Graph unveiled a roadmap to integrate AI-assisted querying with large language models, post a $50 million investment round in 2022 (u.today).
🌟 This roadmap sets the stage for enhanced functionality and broader adoption in the DeFi space.
The Graph's Core Solutions and Benefits:
🌐 As a pioneering decentralized indexing and querying software, The Graph has facilitated over a billion queries since its 2020 inception (securities.io).
🔍 It offers a cost-efficient and secure API, allowing decentralized applications to integrate data seamlessly onto the Ethereum blockchain (securities.io).
📊 The Graph's indexing capabilities extend across Ethereum, IPFS, and PoA networks, eliminating technical barriers to querying (securities.io).
Advanced Technology and Ecosystem:
🛰️ Utilizing GraphQL technology, The Graph provides detailed descriptions of data in each API, with over 2,300+ subgraphs deployed on the platform (securities.io).
💡 GRT, the main utility and governance token of The Graph, plays a crucial role in the network with a max supply of 10 billion GRT coins (securities.io).
🗳️ The Graph Council and the upcoming shift to a decentralized governance model underscore the platform's commitment to community-driven development (securities.io).
💰 The Graph Foundation promotes adoption and innovation, funding new projects using Graph, with grants derived from 1% of network fees (securities.io).
Unique Features of The Graph:
🏦 GRT users can stake their tokens for passive rewards, contributing to the platform's health and efficiency (securities.io).
👥 Indexer nodes maintain the platform's indexing function, while Fishermen nodes verify the accuracy of query responses (securities.io).
🌟 Graph's critical role in the market is expected to continue as it fuels innovation and development in the decentralized sector (securities.io).
FXProfessor's Analysis:
🌐 GRT represents a significant leap in decentralized data exchange, providing invaluable services and driving innovation in the blockchain and DeFi sectors.
🔄 Stay updated as we follow GRT's exciting journey, a cornerstone technology shaping the future of decentralized data exchange.
Trade wisely, stay informed, and let's embrace the innovations brought by GRT in the crypto world! 💙
One Love,
The FXProfessor 💙
Links (securities.io) :
u.today
www.securities.io
GRT/USDT Need to Break the pattern for continue the upward move!💎 GRT has recently experienced notable shifts in the market. Currently, GRT has bounced from the demand area, with the candle exhibiting a positive response.
💎 If this bounce is validated, the next objective is the resistance trendline of the descending channel pattern. A successful breakout from this pattern probability could initiate a bullish momentum, facilitating an easy movement towards our target strong resistance area.
💎 However, should GRT fail to break out of the pattern, there's a potential retreat to the demand area to create new market momentum. Sustaining the demand zone is crucial, as a breakdown could signal a bearish trend, leading to a downward movement with the next support level situated at the support area, possibly extending further downward.
GRT/USDT Break this level, It will be confirmed Bullish movement💎 GRT has recently demonstrated noteworthy market dynamics, seemingly breaking out of the major cup and handle pattern, a reversal pattern indicating bullish momentum.
💎 However, for further confirmation, GRT needs to break above the bearish OB + supply area. A successful breakout from this zone could lead to a significant upward movement, probability signaling a bullish trend.
💎 Conversely, if GRT fails to break above and experiences rejection, there is potential for the price to retreat downwards towards the support area, which previously acted as resistance at the neckline of the CNH pattern.
💎 The support area holds significant importance, as a failure to maintain price above this level could invalidate the pattern, potentially leading to a reversal back into a downward trend. This could result in further decline towards the demand area, or possibly even lower levels.
MEGA VOLUME FOR GRT (THE GRAPH) $0,22 TARGETThanks for reading this update, remember that this is not trading advice.
We did follow GRT by the previous update since $0,11
We expect that this coin can become one of the coins with a bullrun effect that can gain to $0,22 in the coming time. we will update this chart soon with more data.
GRT/USDT 4H Bullish (Long) Structure from Falling Wedge
GRT is now trading around 0.153.
GRT has broken out a falling wedge pattern on 4hr time frame which is a bullish pattern. So the Possible scenario is according to the pattern, we can see bullish momentum in it.
Otherwise If the price dumps and trades inside the pattern again, the pattern will become invalid.
Stay tuned with us for further updates.
GRTUSDT.1DBased on the given market data, the cryptocurrency GRT is currently trading at 0.1724 USDT. The Relative Strength Index (RSI) values indicate that the currency is neither overbought nor oversold in any of the time frames, suggesting a neutral market sentiment.
In the 4-hour time frame, the Moving Average Convergence Divergence (MACD) is slightly positive, suggesting a weak bullish trend. However, the price is below the Bollinger Band (BB) midline, indicating bearish pressure. The immediate support and resistance levels are at 0.1632 and 0.1974, respectively.
In the 1-day and 7-day time frames, the MACD values are positive, suggesting a bullish trend. However, the price is below the BB midline in both time frames, suggesting that bearish pressure still exists. The support levels are lower in these time frames, indicating potential downside risks.
In conclusion, GRT seems to have mixed signals with slight bullish indications from the MACD values but bearish pressure from the BB values. It is crucial to watch out for the mentioned support and resistance levels. As always, it's recommended to consider other factors and your risk tolerance before making an investment decision. Please note that trading cryptocurrencies involves risk, and you should only invest what you can afford to lose.
GRT analysisIn the 1-hour chart, I analyze the fixed range volume profile for over 2 months. The highest trading volumes are clearly visible, which also makes the prices strong points. At the moment, it is at a support point, but if the downward trend of the last few days is followed, it is highly likely to rebound to the price of 0.1245 euros and then we may have an inflow of capital to go to the next strong level which is 0.1741 euros. If there is low volatility, and thus small trading volumes for the next few months until the halving, it is likely to consolidate at prices close to this level or even to the one below. From my experience with GRT, it will follow the latter.
GRT: Channel Up BreakoutTrade setup : Price remains in an Uptrend, however, following a bearish breakout from < a Channel Up pattern and below $0.175 support, price could correct further and pull back to $0.15 support next.
Pattern : Price was trading in a Channel Up pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout.
Trend : Neutral on Short-Term basis and Uptrend on Medium- and Long-Term basis.
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral).
Support and Resistance : Nearest Support Zone is $0.175, which it broke, then $0.150. The nearest Resistance Zone is $0.230.
Go to reverse zone(GRT)❤️❤️Thanks for boosting 🚀 and supporting us!
📈And in bull-tend come to reverse zone.
📊 (Entry) : 0.2052
🔴 Stop Loss : 0.2211
🎯 Take Profit : 0.1887-0.1778-0.1640-0.1467
🔗 For more communication with us, In the footnote and send a message in TradingView.
👨🎓 Experience and Education: Our trading team has five years of experience in financial markets, especially cryptocurrencies.
GRT had a Good Run |🚀👀 What's Next for GRT?💎 Paradisers, gear up for an intriguing trading opportunity with GRTUSDT. It's currently in a phase of noteworthy activity within the demand zone, signaling a potential pivot to an upward trajectory.
💎 TheGraph has been consistently following a descending channel pattern. Recently, it has broken above this pattern, leading us to expect a surge towards a resistance level, then a quick pullback, in line with its established pattern.
💎There's a high probability of a bullish turn initiating from the support level at approximately $0.1227. Having successfully broken out of the descending channel upwards, GRT is now likely to target resistance levels around $0.23.
💎 Timing is crucial for savvy Paradisers. Pinpointing the most advantageous entry points during this rise is essential. Exercise caution and avoid buying at the peak of the movement.
💎Additionally, be mindful of the potential for GRT to drop below the $0.1150 support level. A breach below this pivotal point could cast doubt on the longevity of the upward trend.