The Graph ($GRT) Yet to Reach Its Yearly High
In the past one and a half months, GRT increased by 110%, primarily due to the positive trajectory of Bitcoin (BTC). Despite this surge, GRT has not yet reached its yearly high, which is 52% higher than its current price, sitting at the $0.23 mark.
The primary outlook for GRT, similar to many other altcoins, is to continue its upward trend. If it can break through the selling zone of $0.155-$0.165, the next targets for buyers would be around $0.17 and $0.19.
A market correction remains a plausible scenario, given the lack of significant downturns in Bitcoin's chart recently. Under such circumstances, GRT could potentially test support zones at $0.120-$0.130, $0.107-$0.115, and $0.101. These points might present good opportunities for accumulating the asset in the spot market, particularly if BTC stays above the critical $30,000 level.
Thegraph
GRT The Graph Price TargetBinance, along with its CEO 'CZ,' has confessed to federal charges and committed to settling fines amounting to $4.3 billion.
The crypto exchange “admits it engaged in anti-money laundering, unlicensed money transmitting and sanctions violations"!
The question arises: from where will these substantial funds be derived?
One possible source is Binance's Proof-Of-Reserves, which reportedly exceeds 100%.
Among the tokens impacted is GRT The Graph.
I've set a short-term price target for CGRT The Graph at $0.11.
Looking forward to read your opinion about it!
GRT (The Graph)----->Long (30X)Hello to all crypto players
If you like to risk a small part of your portfolio, but you are not interested in meme coins, then pay attention to this BINANCE:GRTUSDT !
The Graph is an indexing protocol for querying data for networks like Ethereum and IPFS, powering many applications in both DeFi and the broader Web3 ecosystem. Anyone can build and publish open APIs, called subgraphs, that applications can query using GraphQL to retrieve blockchain data. There is a hosted service in production that makes it easy for developers to get started building on The Graph and the decentralized network will be launching later this year. The Graph currently supports indexing data from Ethereum, IPFS and POA, with more networks coming soon.
Market cap
9.04%
$1,187,268,975
#46
Volume (24h)
31.61%
$127,555,041
#44
Volume/Market cap (24h)
10.74%
Circulating supply
9,281,136,914 GRT
Total supply
10,777,673,677 GRT
Max. supply
∞
Fully diluted market cap
$1,378,602,800
My view:
A token from the artificial intelligence category with excellent fundamentals and technicals and almost Circulating supply 100% and a drop of 95% from the ATH.
But don't rush to enter because to confirm the start of the main bullish rally:
We need to break the yellow line with strength and momentum and stabilize the price above that area.
My setup:
Entry after yellow line breakout
(0.17$)
TP In order of time frame and probability
0.72$
1.13$
1.7$
2.8$
.
.
.
4.7$ very imaginative goal
7.4$ very imaginative goal
🔥 GRT Falling Wedge Break Out: Start Of Huge Move?Great news for GRT holders; the token has finally broken through a bearish resistance line that has been keeping the price in check since early 2021.
In my view, this can be the break out that bulls have been waiting for, making the 0.06$ area the definitive lows of the bear market.
Target placed at the November 2021 top.
Above 0.0872-0.0893: Short-term upward trend reversalHello?
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(GRTUSDT chart)
The key is whether it can rise above 0.1453.
(1W chart)
To do so, it is necessary to check whether the price can be maintained and rise above 0.0851.
(1D chart)
The key is whether the price can be maintained above 0.0872 and rise above the HA-High indicator.
Accordingly, we need to check whether it can receive support around 0.0872-0.0893 and rise to the 0.0970-0.1084 range.
Otherwise, if the HA-Low indicator falls below 0.0834 and shows resistance, it is expected to lead to a further decline, so you should think about a response plan.
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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
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GRTUSD: Falling Wegde buy to 0.10250.The Graph is on a short term rise with the 1D technicals still neutral (RSI = 53.312, MACD = -0.002, ADX = 25.119) trading towards the 1D MA50. This is the Resistance since the end of July. This is a LL rebound at the bottom of the Rising Wedge pattern which is inside a wider Channel Down.
We are going long now, aiming at the top of the pattern (TP = 0.1025). On the long term, the price needs to cross above the 1D MA200 (as on January 23rd) in order to get a trend change and a breakout bullish signal. Technically the crypto can reach even the 1.382 Fibonacci extension (0.3500) from there.
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GRT/USDT Break Falling wedge, Bullish Momentum for The Graph💎 GRT has successfully broken out of its falling wedge pattern and the breakout has been confirmed. Currently, GRT is in the midst of an upward trajectory, having already completed its retesting phase and bounced off the support trendline.
💎 For further confirmation, it's crucial for GRT to break through the existing resistance area. If this occurs, it's likely that GRT will easily reach the bearish Order Block (OB) area or Target Price 2 (TP2). However, if the price faces rejection at the resistance and reverses, it may revisit the weekly OB area, providing an opportunity for additional accumulation.
💎 The bullish scenario would be invalidated if GRT's weekly candle closes below the weekly OB area.
#GRT/USDT 12h (Bybit) Symmetrical triangle breakdown and retestThe Graph got rejected on resistance forming a shooting star with an overbought RSI, retracement down to 50MA support seems in play.
⚡️⚡️ #GRT/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (3.8X)
Amount: 5.0%
Current Price:
0.12445
Entry Targets:
1) 0.13580
Take-Profit Targets:
1) 0.10715
Stop Targets:
1) 0.15015
Published By: @Zblaba
CRYPTOCAP:GRT #GRTUSDT #TheGraph #AI #Web3
Risk/Reward= 1:2
Expected Profit= +80.2%
Possible Loss= -40.2%
Estimated Gaintime= 3-4 weeks
thegraph.com
GRT: Resistance BreakoutTrade setup : Trend appears to be reversing to an Uptrend. Following a bearish breakout from a Descending Triangle , price dipped as low as $0.09 but rebounded above 200-day moving average ($0.12), which could signal a trend reversal. Price could revisit $0.18.
Trend : Uptrend on Short-Term basis and Downtrend on Medium- and Long-Term basis.
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $0.10, then $0.08. The nearest Resistance Zone is $0.18, then $0.23.
🔥 GRT: The Big ShortAlthough the rest of the market is dumping, GRT is showing relative strength. My assumption is that this relative outperformance is only temporary, and GRT will go down as well in the near future.
I'm waiting for a final move up, ideally touching the top resistance of the triangle, to make an entry. Note that the triangle pattern is a bearish triangle, classically a bearish break out pattern.
Assuming we're going to see a longer period of downwards pressure, GRT can fall all the way towards the bear market lows, around 0.055, although it's wise to take partial profits and/or move the stop around the 0.11 and 0.9 levels.
THE GRAPH long term more gain and shine 💣🚀💣Hello 🐋
we expect to see more gain for the price in log term targets 🚀💣
Brief explanation 📖👌💡
It is an indexing protocol designed with the specific aim of querying networks like Ethereum and IPFS.
In simple words, projects with complicated contracts (such as Uniswap and even the Bored Ape Yacht Club NFT collection) store information on Ethereum’s network.
The Graph makes it very difficult to read anything other than the basic data directly from the blockchain.
Without getting too far into technicalities, The Graph solves the complexities through a decentralized protocol that’s designed to index and enable the performance of efficient querying of the network data.📖
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
✴️ The Graph | EW Basics With Potential Targets (0.395 & 0.555+)Here we the chart for The Graph (GRTUSDT) and I can easily spot a flat (3-3-5) correction based on Elliot Wave theory.
This tells me that a bullish impulse (5-3-5-3-5) should follow as shown on the chart.
The wave count is just for illustration purposes as the shape of the wave is quite unpredictable, the levels though are easier to predict.
So far we have the first and second waves complete and expecting the third wave which is normally the strongest in volume.
After the low was hit in November 2022 we see an increase in buy volume, this support the change of trend.
The RSI hit its lowest level ever and is now back in the green.
Namaste.
The Graphhello everyone...
graph is out of the falling wedge... made a strong movement and currently trading above the 0.14
the next main resistance is 0.33 which is highly possible since the weekly rsi is above 50
I think the bear cycle has completely ended for this coin and bull has taken over for long run
good luck
GRT Triangle bigger than originally thought.After several candle close outside of the original yellow triangle, it is clear that the more valid triangle is now this bigger tan triangle. We can see the top trendline of the tan triangles trajectory angle also matches the angle of the purple descending channels as well for added confluence. While that means we haven’t yet actually broken up out of the triangle just yet, the good news is when we do the breakout target will be higher than original expected. I arbitrarily placed the breakout measured move target line here for a rough estimate. opefully it breaks out of the triangle somewhere close to this region. *not financial advice*
GRTUSD Bull Flag completed. Huge rally ahead.GRTUSD just broke above its Bull Flag pattern as well as the MA50 (1d).
With the MA200 (1d) supporting on Fibonacci 0.618, we see this as a solid long-term buy opportunity.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 0.5000 (right under Resistance 1).
Tips:
1. The RSI (1d) has also broken above its own Bull Flag.
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