The Graph is a global API and indexing protocol designed to organize blockchain data and make it easily accessible via GraphQL.
Yaniv Tal (Project Lead), Jannis Pohlman (Tech Lead), and Brandom Ramirez (Research Lead) developed the Graph with the goal of allowing developers to construct serverless dApps that run exclusively on public infrastructure. Developers can establish a subgraph that describes how blockchain data should be formatted so that app and dapp developers can consume it. GraphQL subgraph schemas allow app and dapp developers to query the network for GRT tokens. Let us review the GRT price
GRT Price Prediction
Bullish Scenario: If GRT manages to break above the resistance level at $0.51 then it would be bullish. If it gains some momentum and buying pressure builds up then we might test the next resistance level at $0.64 and $0.84. Breaking above $0.84 price level with significant buying volume will lead to a good chance of crossing above $1.26.
Bearish Scenario: GRT has been in a downtrend channel since the last few weeks. However, if the $0.37 support level is not maintained, the price will fall to $0.32, $0.24, $0.15 and even lower sooner or later.
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