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GRT

GRT 12h Made +600% will it grow more or is it time to fall?Less than a month has passed since the publication of the previous idea on GRTUSDT , and the price made x6 Let's figure out how it happened. In the previous idea, we expected a 30% correction in the GRT price, received -25%, and the GRTUSD price began to turn upward. The goal of the idea was x2-x3. And when the price of GRTUSDT reached there, it was too late to stop growth) Growth continued without stopping along at the levels upwards, as a result, +600% in 3 weeks, congratulations to those who earned!) Growth is manipulative, without volumes - this is bad , when a reversal will occur, it is difficult to say with certainty. It is felt that the price drop is close. Although lumbago up to $3.30 should not be excluded from the scenarios. Nevertheless, in the future, the price of GRTUSDT will be pulled towards itself by the liquidity zone of $0.84-0.95. Do not forget to take your profit from the market on time. _______________________________ Since 2016, we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
by P_S_trade
26
The Graph (GRTUSDT) FUND & Technical analysisWhat is The 🌟Graph🌟? The Graph ($GRT) is a decentralized and open-sourced indexing protocol for blockchain data. Developers can build and publish different APIs, which are referred to as subgraphs, and perform queries through the GraphQL. The platform can easily be used to look for any Ethereum data conveniently through simple queries. This addresses the common problem faced by a lot of other blockchain indexing platforms. The Graph Token, or $GRT, is its native ERC-20 based token, which can serve as a medium of exchange and the reward distributed to community participants who function as Indexers, Curators, and Delegators. GRT also has a vesting and distribution schedule ranging between 6 months to 10 years depending on the bucket. Around 12.5% of the total token supply (i.e. 1,224,999,438 GRT) is expected to be in circulation at launch. However this figure is exclusive of stakeable but locked tokens. Background Yaniv Tal, co-founder and CEO of The Graph, together with his team, has created an indexing protocol meant to ease the process of accessing blockchain data. Tal and his co-founders had personally witnessed themselves how difficult it was to actually create new applications on the Ethereum blockchain. Thanks to their experience on applications, they have found out that there is actually no decentralized indexing and querying softwares yet for blockchain. The problem back then was that developers had to come up with their own method to gather data and transform them from different sources. The mission of the platform, which Tal and his team developed, is to help create applications that require no servers and make Web3 accessible to everyone. Graph Roadmap: What’s next? Now that mainnet has launched, The Graph will continue building. The Team has stated that the Graph Foundation will work on building a production-ready Graph Explorer dApp and Gateway that will support all network contributors. The Graph is also open to any individuals or third-parties that want to build for the network and as mentioned previously, they an apply to the Grants Program or collaborate with other community contributors. Conclusion Looking at the current boom of the DeFi space, we can see how important it is for developers to be able to freely access blockchain data. Making the process faster and less difficult for everyone could potentially influence the growth of the space as well as its reliability, security, and capacity. Everyone saw the need to create a bridge of information between applications and blockchain data. The Graph sought out to answer that. -------------------------------------------------------------------------------------------------------------------- ❇️Quick Technical analysis Given the well-known pattern of cups and handles, we can guess that this token is prone to Sharpe growth, and I anticipate targets of $ 1, $ 1.5, and then $ 2 for it; Expect Sharp Growth Due to the good foundation and the people behind this token like CZ , we can take a risk to get into the right position. -------------------------------------------------------------------------------------------------------------------- 👉This analysis is my personal opinion and you are responsible for your own trades or invests. ❤️with Best Regards and successful trades.
by PRO_SMART_Trader
2