Downloading...
Download

Grteuro

GRT analysisIn the 1-hour chart, I analyze the fixed range volume profile for over 2 months. The highest trading volumes are clearly visible, which also makes the prices strong points. At the moment, it is at a support point, but if the downward trend of the last few days is followed, it is highly likely to rebound to the price of 0.1245 euros and then we may have an inflow of capital to go to the next strong level which is 0.1741 euros. If there is low volatility, and thus small trading volumes for the next few months until the halving, it is likely to consolidate at prices close to this level or even to the one below. From my experience with GRT, it will follow the latter.
by chrisknsts
GRT has the fundamentals, will price follow?GRT is being called the "Google Of Blockchains" by some and while I understand its protocol use/function, Im more impressed seeing its current usage/integration in the most top used and fee generating protocols... similar to LINK's oracle, I think GRT might have a role as a pillar protocol in the greater DeFi/crypto ecosystem... regarding GRT/USD, we are looking at some price consolidation after breaking the previous 80 cent resistance and making an all time high at $2.89/GRT I will continue to watch the price action and manage around any technical breakdown in BTCUSD price or GRT/BTC ratio but regardless of short term price moves, I'm leaning bullish if we continue seeing The Graph protocol integration, adoption, and dependance into DeFi/greater crypto. I don't have any specific short term price targets, but I did chart a possible parabolic path... will update as the price decides its direction, but if you want to learn more about The Graph and GRT, I linked a Finematics youtube video that does a great job of explaining the importance, usage, and potential of the protocol hope that helps, cheers! The GRAPH - Google Of Blockchains? GRT Token Explained youtu.be
COINBASE:GRTUSDLong
by youknowram
2
Not much data to work on, but no Entry for meHello hello, My first post on GRT/Euro and looking into this token. The token itself looks interesting from a technology perspective, but for TA (Technical Analysis) purposes; not quite there yet. There is not much data to fill into the indicators so I can only work on the 1H and the 4 Hourly, and it is not convincing for an entry point just yet. BTC is strong along with other large crypto assets and that might drag interest away from early tokens like this one. Meaning that we might see more sell pressure in order to enter into other assets. The majority of the trading volume sits around price of 0.31 Euro, which is a little higher, indicating that there a some people with current loss if they sell. Question is: will they accept that loss in order to ride other coins which is probably a safer ride? The answer remains to be seen, but I will probably set some low buy order in case the price do drop. This token needs some more trading days, but GRT is on my watch list! Stay safe out there and good luck hunting profits!
by egilagre