Last week, the value of grt had a large increase against the USDT. In 2 days the value increased by more than 200%. After that, the value corrections came to a value of 1.70. It is a 40% correction.
The value at which the correction was stopped is 0.618 level of Fibonacci retracement. The flow was followed by growth, and Higher Low was formed.
On 4 hours time frame a triangle has been formed, and the price is expected to break upwards.
The Relative strength index ( RSI ) is on the value of 50, after a large correction that came from a value of 96.
All of this written is not financial advice but my opinion regarding The Graph’s price movement.
The value at which the correction was stopped is 0.618 level of Fibonacci retracement. The flow was followed by growth, and Higher Low was formed.
On 4 hours time frame a triangle has been formed, and the price is expected to break upwards.
The Relative strength index ( RSI ) is on the value of 50, after a large correction that came from a value of 96.
All of this written is not financial advice but my opinion regarding The Graph’s price movement.