The Graph ($GRT ), a blockchain indexing protocol, is experiencing a significant downturn, with a -16.94% drop against the US Dollar today. GRT also underperformed against Bitcoin and Ethereum, recording losses of -11.30% and -9.08% respectively. The crypto asset is currently trading 21.17% below our prediction made on April 18, 2024. In the last month, The Graph has seen a steep decline of -48.81%, despite an overall increase of 33.66% since a year ago. The current price of GRT stands at $0.219198, significantly below our prediction of $0.278073, which represents a 30.55% price increase expected in the next 5 days. However, the market sentiment for The Graph is bearish, with the Fear & Greed index reading at 72 (Greed), indicating a potential overvaluation. Key support levels are at $0.236617, $0.204212, and $0.164318, while resistance levels are at $0.308916, $0.348810, and $0.381215. The Graph's technical analysis suggests a bearish trend, with 20 out of 30 indicators favoring a negative prediction. The cryptocurrency market's current state of greed may signal an overvaluation, which coupled with the bearish sentiment for The Graph, paints a pessimistic picture for the asset's near-term performance. Investors are advised to exercise caution and seek independent professional consultation before making any investment decisions. The volatility and unpredictability of the cryptocurrency market necessitate careful consideration of all factors.
No it's not Isreal and Iran war is the reason behind market crash. It's bound to crash because of these reasons 1) Historically during the #bitcoinhalving market crashes and expect more crash 2) When $BTC crashes it takes down all the alt coins 3) Staying away from future is the best decision you can opt 4) If you are in loss at the moment, hold 5) During April end market would pump for sure and touch ATH in June and July. We already having two wars going on from last 1 year and till #BTC managed to reach ATH. Do you think few missiles can crash the market.
🥰 60 altcoins set to outperform the market in 2024-25: (Right time to invest on Spot) ⭐️ AI: $TAO, $ENQAI, $ORAI, $FET, $NMT, $PAAL, $AQTIS ⭐️ Memes: $WIF, $BALLZ, $PEPE, $MOG, $COQ, $MYRO, $FLOKI ⭐️ Layer 1s: $TIA, $QUBIC, $KAS, $SUI, $INJ, $MONAD, $SMH, $SEI ⭐️ Layer 2s: $METIS, $MNT, $ZKS, $OP, $ARB, $STRK, $SCROLL ⭐️ DePIN: $RNDR, $EMC. $KREST, $MINIMA, $NAVI, $EMC, $PEAQ ⭐️ RWA: $CPOOL, $CFG, $IXS, $DUSK, $TRADE, $MPL ⭐️ GameFi : $XAI, $PRIME, $ILV, $CROWN, $MAVIA, $METAL ⭐️ BTC eco: $SAVM, $ORDS, $BB, $MAP, $STX, $MUBI, $ALEX ⭐️ Privacy: $DOP, $ZKML, $VAULT, $ZEPH, $ROSE, $SCRT Chose the most promising projects from the sectors I'm bullish on this cycle for this list. I'm not in all of them, but quite a few are in my portfolio. I reckon we're just getting started with the altcoin rally, so there's still time to hop on board. But keep in mind, lots of tokens are already at ath. Try DCAing at least.