The Graph (GRT): How Does it Rank Friday on Long-Term Trading Metrics?

Friday, December 17, 2021 07:19 PM | InvestorsObserver Analysts

The Graph receives a weak long-term technical score of 19 from InvestorsObserver analysis. Our proprietary scoring system considers the trading patterns over the past several months to a year by analyzing the token's consistency, volatility, and where it is relative to long-term averages to determine whether it's a strong buy-and-hold investment opportunity. Currently, GRT holds a superior long-term technical analysis score than 19% of crytpocurrencies. Long-term investors employing a buy-and-hold strategy will find the Long-Term Rank especially relevant when allocating their assets and may find additional value finding cyptos with a high short-term technical score to discover tokens that have bottomed out.

InvestorsObserver is giving The Graph a 19 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on The Graph!
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Trading Analysis

The current trading price of $0.590000000 for GRT is -$0.2500000 (-29.87%) below the tokens 100-day moving average of $0.840000000.GRT meanwhile is $0.4700000 (-8574.66%) above its 52-week low of $0.120000000 and -$2.28000000 (-327.28%) under its 52-week high price of $2.880000000. The Graph's current price relative to the tokens long-term average and 52-week high and low, gives the crypto an average long-term technical score of 19. The price movement and range of GRT suggest that investors are bearish on the token at this time. The Graph has a market capitalization of $2,783,932,595.12 and a relatively high average daily volume with $841,283,872.68 worth of the currency traded over the typical 24 hour period. Over the last 24 hours, GRT's volume is below its seven day average with 122,840,949.33 exchanged. This token's subclass Decentralized Finance: DeFi, or decentrialized finance, Tokens are tokens that are created as an alternative to traditional financial institutions. These tokens are designed to alleviate the needs for brokers, exchanges, and/or banks by offering traditional financial products or services without the need for a central authority through the use of smart contracts.

Summary

Technical analysis of The Graph over the past year results in the crypto receiving a a weak long-term technical score of 19 as its price movement in that time has given traders reason to be bearish on the token in the long-term. Click Here to get the full Report on The Graph (GRT).

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