The Graph

<ul class="news-points"> 
 <li><strong>Santiment revealed in an X post today that GRT’s price has doubled since 19 October 2023.</strong></li> 
 <li><strong>According to the post, there has also been a notable increase in transactions exceeding $100K.</strong></li> 
 <li><strong>At press time, GRT was trading hands at $0.131 following a 24-hour loss of over 5%.</strong></li> 
</ul> 
<p><a href="https://coinedition.com/tag/graph-grt/">The Graph (GRT)</a> has nearly doubled in price since 19 October 2023 and may continue to rise, according to the blockchain intelligence platform Santiment. In an X post published earlier today, Santiment noted that the altcoin has seen “major whale movement” with several new addresses being created on-chain.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4ca.png" alt="📊" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://twitter.com/hashtag/TheGraph?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#TheGraph</a> has nearly doubled since October 19th, and there has been major whale movement and new addresses being created. To identify whether a <a href="https://twitter.com/hashtag/bullish?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#bullish</a> trend can continue, the mean dollar age line moving down (like it has for <a href="https://twitter.com/search?q=%24GRT&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$GRT</a>) is often validation. <a href="https://t.co/mJZiZitJ9P" target="_blank" rel="nofollow">https://t.co/mJZiZitJ9P</a> <a href="https://t.co/q0Dzp3dsPd" target="_blank" rel="nofollow">pic.twitter.com/q0Dzp3dsPd</a></p>— Santiment (@santimentfeed) <a href="https://twitter.com/santimentfeed/status/1722098101345984928?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">November 8, 2023</a>
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  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
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<p>Santiment also revealed that the mean dollar average line for GRT is moving down. This suggests that the cryptocurrency’s bullish trend may continue in the short term.</p> 
<p>Further on-chain analysis shows that The Graph has recorded its hi…</p>
<p>The post <a href="https://coinedition.com/grt-likely-to-retrace-short-term-despite-bullish-on-chain-metrics/">GRT Likely To Retrace Short Term, Despite Bullish On-Chain Metrics</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

GRT Likely To Retrace Short Term, Despite Bullish On-Chain Metrics

Coin Edition

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