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As the leading indexing and query project, The Graph Protocol and its utility token GRT are known as the ‘Google’ of blockchain, providing critical backbone infrastructure for cryptocurrencies across the industry.
Currently trading at a market price of $0.26 (representing a 24-hour change of +10%), GRT has hammered up to the top of the trading channel over the past week.
This comes as a magnificent +56% push off the 20DMA, which has provided GRT price action with a bullish pan-and-handle pattern on the chart.
Now overheated on the RSI, a brief retracement and consolidation might offer a local entry, ahead of what looks to be a skyrocket move by this critical token.
#AI concept coins gains momentum. Which ones are you holding?#