Keep up with what's happening in the crypto world in real-time.
All Filters (1)
The Graph [GRT] hit a crucial support level, but the prevailing sell pressure could undermine a strong recovery. GRT faced price rejection at $0.2321, ushering in bears.
Top AI Coins Price Analysis: The term AI(Artificial intelligence) has been buzzing around the world and crypto market since the launch of ChatGPT, which is a chatbot developed by OpenAI. Thus, with a massive surge in popularity, the cryptocurrencies associated with this AI technology recorded significant gains despite the uncertain market sentiment.
An Ethereum-based (ETH) altcoin has seen its price skyrocket by 175% in less than a week to shatter the $1 billion market cap level. Blockchain indexing protocol The Graph (GRT) has seen its price tag dramatically shoot up since the first of February. The token surged from the $0.08 mark all the way to $0.
The Graph GRT coin: While ChatGPT and Google vie for the pole position in the AI chatbot space, AI tokens are dominating the crypto market. Cryptocurrencies linked to the AI domain, The Graph (GRT) and SingularityNET (AGIX) saw some correction in prices after a huge jump over the last week.
GRT has turned technically overbought, but its long-term potential remains skewed to the upside, thanks to healthy network fundamentals.
Data shows the small cap altcoins have continued to outperform Bitcoin and the rest of the market recently as GRT has managed 117% gains in the past week. Small Cap Altcoins Index Is Sitting At 48% Profits For The Past Month As per the latest weekly report from Arcane Research, while other sections of the market have stagnated, the small caps have still seen an upside recently.
Since its advent, the crypto market has witnessed multiple ups and downs and attracted investors to jump on this bandwagon. However, the latest trend that has shaken up the crypto space is the integration of artificial intelligence with the crypto market, leaving many investors questioning its future potential and market dominance.
One of today's most sensational news stories concerns the token of crypto analytics company The Graph (GRT), which is up 55% in the last seven days.
Artificial Intelligence is widely seen as one of the breakthrough technologies that revolutionize the way the world does business. This revolution has entered the cryptocurrency market as well.
The Graph token has been experiencing extreme bearish pressure and had begun with a parabolic recovery from the past several months. However, the recent upswing uplifted the price straight towards the neckline which was supposed to consolidate in an ascending way for the next 30 to 45 days.
The price of The Graph's native token, GRT, has gained a whopping 114% in the last seven days. However, within the last few hours, the price has experienced a major correction of about 23%.
The 'Google of Blockchain' - The Graph (GRT) has kicked off 2023 with a sensational rally.
The native token for The Graph, GRT, is on fire today following a token unlock and transfer and on the back of solid metrics for Q4 2022.
Following a decline in value in 2022, The Graph [GRT] has recovered alongside the rest of the cryptocurrency market. The value, however, has been rising even more rapidly since the beginning of February 2023.
It's a divergent market in the crypto sector today.
The graph token surged by over 35% so far on Tuesday, as markets continued to be buoyed by the growth of its ecosystem. Since allowing integrations to new blockchains, prices of the indexing protocol's native token have jumped by over 200% from 2022 lows. Litecoin was also higher today, breaking a three-day losing streak.
The Graph token is definitely one of the star performers for the second month of 2023. The token price witnessed a significant inflow since February 1st and showed strong bullish momentum throughout the week.
The latest price moves in bitcoin (BTC) and crypto markets in context for Feb. 7, 2023. First Mover is CoinDesk's daily newsletter that contextualizes the latest actions in the crypto markets.
Although the cryptocurrency market entered the consolidation phase in February, followed by a bullish start of the year, some of its assets are recording double-digit daily gains, and the top three of the top 100 cryptocurrencies by market capitalization in these advances are artificial intelligence (AI) coins.
The token has risen 55% over the past week amid significant growth of The Graph ecosystem.
Ever since the launch and popularity of Open AI's ChatGPT, AI tokens have been doing incredibly well in the market. This performance has continued despite the crypto market pullback with AI tokens remaining green in a sea of red.
Positive news for The Graph: the protocol that experienced significant ecosystem growth in Q4 2022 and also for crypto GRT. Its current price could be due to a reversal with a bearish divergence identified on the daily chart.
The last six months of price action in Graph coin shows the formation of a rounding bottom pattern. It is displayed as a U-shaped recovery, where a steady downtrend shifts to an uptrend after a brief period of consolidation or side trend.
According to a recent report from Messari titled “State of The Graph Q4 2022,” the open-source and decentralized indexing protocol for blockchain data The Graph, experienced growth in key ecosystem metrics during the fourth quarter of 2022.
