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Grtusdt

GRTUSDT - The price correction began!Dear mate, GRT hit the top of the upside channel yesterday and can completely continue to move up slowly, but I don't think there will be a new remarkable high. The possibility of a price reduction is enormous with a low-risk ratio. I see GRT in need of price adjustment and rest after a sudden price increase. My prediction is that the price will drop to the zone 1.48-1.6 before further action. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Above is my personal opinion, I do not encourage anyone to follow suit, please manage your money, Good luck! Xin Liar
Short
by XinLiarBaby
4
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
GRT/USD - Pumping hard towards $1.5! 🚀🚀🚀GRT broke the previous resistance line and now we're clear to pump higher towards $1.5 which is our next resistance line. What is even more impressive is that GRT similar to KNC has been pumping today while BTC, ETH and most alts dumped. This shows GRT is very well positioned to make more gains. Indicators looking good. Let's see if the price can rise to $1.5 and then we can analyze again the price action. Enjoy the profits! :) Like and follow if you liked this idea! Also join my crypto community to stay in touch!
Long
by DU09
6