The Graph (GRT) and TRON (TRX) showcased a retest of their recent support in the 50-day EMAs. They highlighted strengths on the chart, making them a point of discussion among Web3 communities. Pullix (PLX) recently raised over $3,000,000 with its presale, and gained the attention from GRT and TRX holders. We will look at each crypto in-depth to see just how far they can rise. Then, we will determine which is the best cryptocurrency to invest in.
The Graph (GRT) Rises Above $0.20 – Is a Surge Above $0.30 Possible?
The Graph (GRT) showcases strength on the chart and the formation of higher highs in its pattern. The bears are in a defensive position and are attempting to dominate near its top end. However, the technical indicators for The Graph price imply a bullish outlook in the long term.
During the past week, GRT traded between $0.16 and $0.22, and it’s up 176% on the annual chart.
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The short-term indicators, on the other hand, signify the continuation of the trend with the buyers losing momentum. The Graph crypto could surge to further heights, and needs to maintain above its 50-day EMA. According to The Graph price prediction, it can reach $0.3197 by Q4.
Pullix (PLX) To Solve Liquidity Issues and Feature DeFi and NFT Launchpad
Pullix (PLX) is an upcoming platform that will bridge the gap between CEXs and DEXs. It will offer the best of both of these worlds and can become a major player in the DeFi space. Most exchanges today face liquidity issues, which have hindered mainstream adoption. Pullix will establish a secure platform that can resolve this issue.
By incentivizing users to provide liquidity, Pullix can offer better liquidity and far more competitive prices as a result. Every trade can also get executed by the off-chain order book, which can result in a higher speed.
Alongside these features, the Pullix platform will support CFDs and perpetual futures and have a dedicated vault. There will be a lending protocol available where anyone can get passive income. Users can also engage with the DeFi and NFT Launchpad to get the best opportunities. PLX is the best cryptocurrency to invest in based on all of these aspects.
TRON (TRX) Rises 100% YTD – Can It Sustain This Growth?
TRON (TRX) experienced a 100% rise on its year-to-date (YTD) chart. The crypto has since, however, paused its gains and is hovering above neutrality. The TRON price trend is still intact and favors the bulls. However, it looks stretched, which can result in a retracement, as noted in the recent session. A pullback from the 50-day EMA mark on the TRON crypto near $0.1 occurred, and afterward, TRX began heading upwards.
The technicals are suggesting that buyers have taken a halt and are waiting for the right moment to engage. The RSI flows near 60%, indicating a neutral trend and directing the volatile outlook on the chart. According to the TRON price prediction, it can rise as high as $0.1838 in 2024.
Summary
The Graph is heading upwards, and TRON needs to regain momentum to reach new heights. In the meantime, the crypto ICO for Pullix has seen a massive influx of buyers.
Now, at Stage 6, PLX trades at just $0.08. Once it launches and gets listed on Tier-1 exchanges, analysts project an upswing of 5,000%.
For more information regarding Pullix’s presale see links below:
Visit Pullix
Join The Pullix Communities
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