The Graph (GRT) has risen by 5.2% to $0.1726 this week, pulling back from a high of $0.1797. Despite this upward movement, GRT is slightly underperforming the broader market, with Bitcoin (BTC) surging by 7.8% to $67,600. The lack of specific positive news for The Graph project means it is trailing behind Bitcoin’s stronger momentum.
However, The Graph remains on an upward trajectory, and if Bitcoin continues its rise, GRT could follow suit. Should Bitcoin break its all-time high of $73,864, GRT may have the potential to rally further, with a key resistance level at $0.2000 coming into focus.