GRT - Graph MASSIVE Upside Potential💎
Updated
Hi Traders, Investors and Speculators of Charts📈📉
As you know, we're trading in the opening moments of a new bullish cycle.
The Graph is another excellent altcoin hold with great upside potential. This is one of the alts I'll be watching for a longer time hold💎
Originally launched on the Ethereum blockchain, The Graph’s mission is to help developers use relevant data to increase the efficiency of their decentralized application (dapp).
The Graph analyzes and gathers blockchain data before storing it into various indices, called Subgraphs, allowing any application to send a query to its protocol and receive an immediate response.
The Graph’s native cryptocurrency, GRT, is used to ensure the integrity of the data secured within its network. Any user, whether they are indexers, curators or delegators, must stake GRT to perform their roles, and, in return, earn fees from the network.
The Graph is an open-sourced software used to collect, process and store data from various blockchain applications to facilitate information retrieval.
The Graph is being used by popular Ethereum dapps like Aave, Curve and Uniswap.
From a SHORT TERM perspective, the technical indicators are looking bearish, showing sellers are in control. After observing an "overbought" signal, a healthy pullback seems likely. Lower buy opportunity!
It's important to note that any cycle takes months to complete, sometimes even stretching over a year. Keeping this in mind helps you set realistic timeframe-goals for price targets.
If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets.
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CryptoCheck
GRTUSDT
As you know, we're trading in the opening moments of a new bullish cycle.
The Graph is another excellent altcoin hold with great upside potential. This is one of the alts I'll be watching for a longer time hold💎
Originally launched on the Ethereum blockchain, The Graph’s mission is to help developers use relevant data to increase the efficiency of their decentralized application (dapp).
The Graph analyzes and gathers blockchain data before storing it into various indices, called Subgraphs, allowing any application to send a query to its protocol and receive an immediate response.
The Graph’s native cryptocurrency, GRT, is used to ensure the integrity of the data secured within its network. Any user, whether they are indexers, curators or delegators, must stake GRT to perform their roles, and, in return, earn fees from the network.
The Graph is an open-sourced software used to collect, process and store data from various blockchain applications to facilitate information retrieval.
The Graph is being used by popular Ethereum dapps like Aave, Curve and Uniswap.
From a SHORT TERM perspective, the technical indicators are looking bearish, showing sellers are in control. After observing an "overbought" signal, a healthy pullback seems likely. Lower buy opportunity!
It's important to note that any cycle takes months to complete, sometimes even stretching over a year. Keeping this in mind helps you set realistic timeframe-goals for price targets.
If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets.
_______________________
📢Follow us here on TradingView for daily updates📢
👍Hit like & Follow 👍
We thank you for your support !
CryptoCheck
GRTUSDT Note
Looks like GRT may make another push up towards the heavy resistance zone before a pullback:Note
Look at this upside potential! Still infinitely bullish on GRT
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