fxstreet.com 12 Feb, 2021 06:30 am

GRT's 600% rally unstoppable as bulls eye upswing to $5

GRT's 600% rally unstoppable as bulls eye upswing to $5
In the last six weeks, the Graph has rallied more than 600% from $3.35 to the prevailing market value of $2.2. Breaking above the former all-time high

5 on the 12-hour chart.A sell signal on the 12-hour chart may sabotage the upswing to $5 is validated.GRT/USD 12-hour chart IntoTheBlock's "Daily New Addresses" metric reveals that The Graph has a positive network growth.The Graph holder distribution Similarly, a sell signal on the 12-hour chart may validate the bearish outlook.

GRT/USD 12-hour chart A reversal from the current price levels may see The Graph drop in one to four 12-hour candlesticks.The Graph's uptrend is supported by a positive network growth, according to data by IntoTheBlock.

categories
Read full story at fxstreet.com