TheGraph price is contained inside a descending triangle pattern on the 4-hour chart. The digital asset faces significant selling pressure from large holders. Bulls have the chance of pushing GRT by 50% if they crack key resistance level. TheGraph has been under consolidation since its all-time high of $2.88 on February 12. Many large whales have sold some of their GRT holdings, increasing the selling pressure of the digital asset. TheGraph price faces strong selling pressure in the short-term On the 4-hour chart, TheGraph price is right at the top trendline of a descending triangle pattern. Rejection from the key resistance level of $2 will quickly drive GRT down to the lower boundary of the pattern at $1.44. GRT/USD 4-hour chart Additionally, the number of whales holding between 1,000,000 and 10,000,000 GRT coins ($2,000,000 and $20,000,000) has dropped by nine in the past week, significantly adding selling pressure to the network. GRT Holders Distribution chart However, the current price of GRT is extremely close to the key resistance trendline of $2. A breakout above this point will drive TheGraph price towards its previous all-time high. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next Silver’s bearish bias intact, gradual move towards 200DMA near $24.00 likely FX Street 1 year TheGraph price is contained inside a descending triangle pattern on the 4-hour chart. The digital asset faces significant selling pressure from large holders. Bulls have the chance of pushing GRT by 50% if they crack key resistance level. TheGraph has been under consolidation since its all-time high of $2.88 on February 12. Many large whales have sold some of their GRT holdings, increasing the selling pressure of the digital asset. TheGraph price faces strong selling pressure in the short-term On the 4-hour chart, TheGraph price is right at the top trendline of a descending triangle pattern. Rejection from the key… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.