🔥 GRT Underperforming: What To Expect
GRT saw a huge introduction to Binance, where at some point it made a 1000% move in little over a month.
However, since making said move, GRT's direction has been bearish. As of now, it's one of the coins which has severely underperformed other smaller-cap alts, with little change in sight.
GRT is still trading inside a huge triangle. As long as it's trading inside this triangle I don't see any spectacular moves occurring for this token.
Either GRT can bounce around in the triangle, hoping for a bullish break out in the end. Or, GRT can keep trading above the $0.80 support and hope for a break out in the coming two weeks.
Before stepping in, I'd wait for a daily close above the $1.1 resistance to confirm the bullish trend and bias.
Happy trading!
However, since making said move, GRT's direction has been bearish. As of now, it's one of the coins which has severely underperformed other smaller-cap alts, with little change in sight.
GRT is still trading inside a huge triangle. As long as it's trading inside this triangle I don't see any spectacular moves occurring for this token.
Either GRT can bounce around in the triangle, hoping for a bullish break out in the end. Or, GRT can keep trading above the $0.80 support and hope for a break out in the coming two weeks.
Before stepping in, I'd wait for a daily close above the $1.1 resistance to confirm the bullish trend and bias.
Happy trading!
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