The Graph (GRT) is an open-source, decentralized indexing protocol for blockchain data. It is designed to allow queries on the Ethereum network. The Graph network also allows developers to construct/use various APIs known as subgraphs for separate queries.
The prices have been consolidating since mid May in a range and almost static, lately. However, as seen in charts, we can see why it is interesting to pay attention on GRT now, specially when being compared with MASK.
Let's see how GRT will progress the next days (or weeks).
The prices have been consolidating since mid May in a range and almost static, lately. However, as seen in charts, we can see why it is interesting to pay attention on GRT now, specially when being compared with MASK.
- Similar pattern as MASK before it jumped almost 200% in a few days: prices dropped 80% in April and has been ranging since.
- MFI indicator: The local trendline was broken. If buy pressure is maintained, it is likely that the longterm trendline will be broken, as well.
Let's see how GRT will progress the next days (or weeks).
Kommentar:
GRT increased 15% from entry. The prices are now at major resistance. Successfully breaking these ones, GRT will fly in my opinion.
