1. Just as Google indexes the web, The Graph indexes blockchain data from networks.
2. Can buy in the BIG exchanges like Coinbase, Binance, and Kucoin.
3. Longer the CONSOLIDATION, the bigger the move. Think of DOGE. Consolidated in a range for 3-4 years, then exploded over over 1000x. Don't buy the hype, buy the fear and Cryptocurrencies that haven't moved yet!!
Market Cap: 1.9 Billion (HIGHLY UNDERVALUED!)
Total Supply: 10 BIllion
Everything is on the chart! GRT is on the verge of exploding higher. Dips/Corrections are normal and are needed in a bull market, and are BUYING OPPORTUNITIES! HUGE GAIN opportunity in the coming months!!. Buy targets are between the Fibs (shown in the chart). On the chart, the RSI is bouncing off strong support resistance from the past and we are CLEARLY OVERSOLD... MACD changed momentum to bullish on May 1st. GRT is about to make a big move right after the correction that will happen VERY SOON. NEVER TRADE BLINDLY. USE MULTIPLE INDICATORS TO MAKE CALCULATED DECISIONS. TRADE WITH NO EMOTIONS!!
CHARTS DON'T LIE!! Small/Mid size Corrections will happen on this journey to $5000 which corresponds to the Fibbonacci target in the next couple of months! Once target is met, a HUGE CORRECTION (maybe 70% dip) will occur. Take profit and buy again for the REAL bull run to begin!
My last LTC chart:
Check out the Altcoin season chart below (Crypto Total Market Cap Excluding BTC ). We are on the verge of another altcoin super cycle Altcoin Season is just getting started!! BULLISH CROSS on weeky!
Bitcoin dominance will die down and Altcoins will take over!! Whales/bots/institutions will be moving their Bitcoin ( BTC ) into the Altcoins, meaning Altcoin Season is just getting started.
Money flows like this: FIAT > BITCOIN > LARGE MARKET CAP COINS > MIDDLE MARKET CAP COINS > SMALL MARKET CAP COINS > back to FIAT, and the cycle starts again.
I have moved majority of my BTC and diverse them into different altcoin positions. (ETH, HBAR, GRT , XLM , XRP, NEO, SNX , BNT, BCH, ADA, LTC, BTMX, LINK, FORTH, BTMX, and NKN are the some of the altcoins I am moving BTC too).
Get ready to have an explosive Altcoin season just like what happen in the 2017 bull market. Once my sell indicators hit, I will be selling my positions to buy real estate, a lambo ;) , and moving the rest to Ethereum to Stake it!
Good Luck!
"If you can't beat the fear, do it scared!"
"Be fearful when others are greedy, and greedy when others are fearful!" - Warren Buffet.
"Markets are a device for transferring money from the impatient to the patient. - Warren Buffet
"Show me the charts, and I'll tell you the news." - Bernard Baruch
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Sorry meant to say Journey to $16, not "journey to $5000"..
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And accidentally put my LTC chart on here. Ignore that too.
I really don't understand how you come up with those numbers. 16$? How? Do you even take BTCs corrections into consideration? GRT never recovered since February's big BTC correction and is losing more and more value with every correction, bein unable to recover loses. We're almost under a buck. One of the worst performing major altcoins in the last 4 months.
arielle731
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Have your thoughts changed on this one since we broke support?
Noloco100
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On June 13 there will be a new ATH over 400% but I don't think we will reach $ 16 in my opinion the target will be ~ $ 10
mukit1
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I am not sure if $16 will be reached on this market cycle. It will put the total market cap close towards $200 bil. Not impossible, and crazier things are happening right now. Eventually most likely this asset might hit this price point and more.
@jeremy_bearimy, Should take into account the fully diluted market cap, not only the current supply. With a 3% annual supply increase a slow and steady growth would mean a long sustainable uptrend. We need more supply locked up with indexers and not in exchanges trading. Don't fret the recent rut. It will get to whatever price you are predicting, someday.
jeremy_bearimy
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@mukit1, good point, but to counter the 3% increase, its burning 1% of fees and all deposit taxes. Either way, a 3% increase doesnt necessitate a need for 100x market cap to get to a 10x increase in price. However, since the inflation can be set by governance, it does leave that up in the air a bit...
mukit1
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@jeremy_bearimy, you got my point exactly. Governance is the key to make this project successful. As a trader, I'd love to make 10x,15x gains, but as a fan of the project, I'd like to see a steady growth, long term uptreand. This is still a very new asset. We have already seen massive moves necessary to establish its worth in the market. The current consolidation also proves that there is demand in this $1 -$1.5 range. If we see a 10x gain in the short term at this point, that would make me think some shady business going on, and what comes next won't be pretty. I'd take the money and run...
jaydee_757
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Sorry meant to say Journey to $16, not "journey to $5000"..