APIs for a vibrant decentralized future
What Is The Graph (GRT)?
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.
The Last time that I had an analysis for GRTusdt in exactly hitted all of my Tps and even went beyound
so now
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ðð TECNICAL ANALYSIS
As you can see on the weekly timeframe for pair of GRTUSDT , Its trading about $0.4 right now .
GRTUSDT has been declining in a descending channel , and as we can see , after breaking down of ascending trend line it also loses an important key levels as support which is now a strong resistance zone between (0.58$-0.73$) .so in this situation of crypto marke it can go down more likely , and drop to next supports and Fibo levels respectively . otherwise but if it be able to jump above the resistance level with enough volume it can reach to the tps , but at this circumstance of market it have low chance right now to have a sharp rise as before , because it depends to total situation of market especially ethereum .
ðresistance level: 0.58$-0.73$/ 1.6$-1.9$ /trendline of channel
âïļsupport level: $(0.25-0.3) / fibo levels
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ðThis analysis is my personal opinion ,not a financial advice ,so do your own research.
ð if you're a fan of my analyses PLZ follow me and give a big thumbs ð OR drop comment ðŊð
ðwith Best Regards
What Is The Graph (GRT)?
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.
The Last time that I had an analysis for GRTusdt in exactly hitted all of my Tps and even went beyound
so now
-----------------------------------------------------------------------------------------------------------------------
ðð TECNICAL ANALYSIS
As you can see on the weekly timeframe for pair of GRTUSDT , Its trading about $0.4 right now .
GRTUSDT has been declining in a descending channel , and as we can see , after breaking down of ascending trend line it also loses an important key levels as support which is now a strong resistance zone between (0.58$-0.73$) .so in this situation of crypto marke it can go down more likely , and drop to next supports and Fibo levels respectively . otherwise but if it be able to jump above the resistance level with enough volume it can reach to the tps , but at this circumstance of market it have low chance right now to have a sharp rise as before , because it depends to total situation of market especially ethereum .
ðresistance level: 0.58$-0.73$/ 1.6$-1.9$ /trendline of channel
âïļsupport level: $(0.25-0.3) / fibo levels
--------------------------------------------------------------------------------------------------------------------
ðThis analysis is my personal opinion ,not a financial advice ,so do your own research.
ð if you're a fan of my analyses PLZ follow me and give a big thumbs ð OR drop comment ðŊð
ðwith Best Regards
