Guest
In this video, we delve deep into The Graph (GRT) price prediction for 2023, along with a comprehensive price analysis of GRT in the 1-day timeframe. The recent performance of GRT has been a topic of concern, with a % decline in the past week, although there's been a slight % uptick in the last 24 hours. Currently trading at $, the 52-week range of GRT has seen fluctuations between $ and $. Over the last month, GRT has faced a % drop and a significant % decrease in the last six months, indicating a challenging period for the coin. However, there's a glimmer of hope with a positive year-to-date return of %, despite a negative one-year return of %. Market conditions are also in flux, with a % increase in market value and a staggering % drop in trading volume in the last 24 hours, according to Coinmarketcap. The Graph's innovative subgraphs, open APIs that organize blockchain data for applications, are a crucial aspect to consider. These subgraphs offer rapid access to well-structured data, benefiting data consumers and developers alike. On the derivatives front, GRT crypto's open interest stands at $ million, as per Coinglass, reflecting a % increase in the previous session. The long versus short ratio over the past 24 hours is , with short liquidation at $ versus $ million for the long liquidation. Analyzing GRT's price movements over the last three months, we've seen fluctuations from support at $ to highs around $. However, it's also fallen continuously, forming lower lows and highs. Currently trading around $, GRT is in a critical demand zone with pending buy and sell orders that could sway its future. If it fails to maintain this level, GRT might test support at $ and $. Conversely, sustaining the current level could push it towards resistance at $ and $. From a technical standpoint, GRT is trading below the 20 and 50-day exponential moving averages (EMA), signaling a downward trend. The MACD and RSI indicators further corroborate bearish sentiments, with MACD lines crossing down and the RSI showing signs of being oversold. In conclusion, this analysis paints a bearish picture for GRT in the daily timeframe. Major indicators, including MACD, RSI, and EMA, align with this outlook, suggesting the continuation of the downtrend. Support levels to watch are at $ and $, while resistance levels stand at $ and $. Stay tuned for the latest updates on The Graph's price action in 2023. The Graph (GRT) Price Prediction 2023 | The Graph (GRT) Price Analysis | GRT Bullish Surge Ahead? The Graph (GRT) The Graph (GRT) Price The Graph (GRT) Price Today The Graph (GRT) Price Prediction 2023 The Graph (GRT) Price Prediction The Graph (GRT) Price Analysis The Graph (GRT) Price Analysis Today The Graph (GRT) Technical Analysis The Graph (GRT) Technical Analysis GRT Bullish Surge Ahead? The Graph (GRT) Bullish Surge Ahead? The Graph (GRT) Future Price Action Expectations GRT GRT Price GRT Price Today GRT Price Analysis GRT Price Analysis Today GRT Price Prediction GRT Price Prediction Today GRT Price Prediction 2023 GRT Price Analysis GRT Price Analysis Today GRT Technical Analysis GRT Technical Analysis Today Telegram Channel Link: Disclaimer – We make videos to educate people, so if you decide to invest after watching our video, we will not be liable for any profit or loss encountered by you in the process. DISCLAIMER: “Copyright Disclaimer under Section 107 of the copyright act 1976, allowance is made for fair use for purposes such as criticism, comment, news reporting, scholarship, and research. Fair use is permitted by a copyright statute that might otherwise be infringing. ================================== #GRTPricePrediction #GRTPricePrediction2023 #TechnicalAnalysis #CryptocurrencyTrends #cryptomash #cryptopodcast #podcast
