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The Graph: Can this development push GRT to achieve new highs in the long-term

ambcrypto.com

The Graph GRT appears to be having a rough time making a comeback after the slap down it received last week. Its attempts at a rally at the start of August demonstrated some promise for the bulls.

Read in Full: ambcrypto.com
Bitcoin GRT
$ 0.414

Timeline of The-graph


Low Volume Pullback Hints GRT Price May Hit $0.0875 Support - Coingape

The GRT price correction fall breakdown from the $1.17 support will most likely offset the July-August recovery. The post-breakout retest shows reduced volume activity indicating weakness in bullish commitment.


GRT Price Analysis: Why GRT Price Could Reach $0.21 Soon? - Coingape

Today, the Graph(GRT) coin is among the big gainers of the top 100 list of coinmarketcap, reflecting a 21.2% intraday pump. This massive gain has bolstered the buyers to breach the $0.135 neckline resistance of the cup and handle pattern.


The Graph: Trade perspective of how GRT fared in Q2 2022 - AMBCrypto

The Graph is described as an indexing protocol built to provide data on blockchain networks, storage networks, and P2P platforms. Through the use of “subgraphs,” anyone can extract data from a blockchain, process it, and store it so it can be easily queried via GraphQL.


Biggest Movers: GRT, LINK Rally to Multi-Week Highs on Friday - Bitcoin

The graph was a notable mover in Friday's session, as the token rallied to a multi-week high. Prices rose by as much as 16% in today's session, with chainlink also seeing its price climb by a double-digit percentage. Overall, the global crypto market cap is up 1.92% as of writing.


GRT Price Analysis: Sustained Bullish Momentum hints GRT may Hit $0.17 - Coingape

While the majority of cryptocurrencies showcased a significant recovery in July until yesterday, the GRT/USDT pair seemed to be struggling in uncertainty as the price traded below $0.117. Thus, with the recent breakout, the technical chart shows a recovery opportunity for holders Key points:  Steady growth in volume activity indicates a better possibility of GRT The post GRT Price Analysis: Sustained Bullish Momentum hints GRT may Hit $0.17 appeared first on CoinGape.


The Graph (GRT) Breaks out From 223-Day Resistance Line After Generating Bullish Divergence - BeInCrypto

The Graph (GRT) has increased only incrementally in July, but is showing preliminary signs that often precede sharp upward movements. The post The Graph (GRT) Breaks out From 223-Day Resistance Line After Generating Bullish Divergence appeared first on BeInCrypto.


Graph Price Analysis: Will $0.105 Breakout Resolve Uncertainty Among GRT Traders? - Coingape

On July 16th, the Graph (GRT) price pierced a two-month-long resistance trendline, hoping to kickstart a new recovery run. The post-retest rally has surged the altcoin by 13.57% on the intraday level and breached the $0.105 resistance.


The Graph (GRT) Creates Double Bottom After New All-Time Low: Biggest Weekly Losers - BeInCrypto

Be[In]Crypto takes a look at the five cryptocurrencies that decreased the most from June 24 to July 1, including The Graph (GRT), which has created a bullish pattern. The post The Graph (GRT) Creates Double Bottom After New All-Time Low: Biggest Weekly Losers appeared first on BeInCrypto.


Graph Price Analysis: High Volume Reversal may Drive GRT to $0.15 - Coingape

The Graph(GRT) price surpasses the long-coming resistance trendline with a reversal from the $0.093 support level. The increased demand for the altcoin brings a reversal as the overall market takes a break from the falling trend.


How The Graph's [GRT] short-term woes can pave way for a better long-term rally - AMBCrypto

The Graph token is arguably one of the crypto projects that have a bright future thanks to its strong fundamentals and unique focus. However, GRT's price action has been crashing in tandem with the rest of the crypto market, thus failing reflect the network's growth.

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