![The Graph [GRT] short-term investors can expect this in Q3 2022](https://i.headtopics.com/images/2022/8/3/cryptoamb/the-graph-grt-short-term-investors-can-expect-this-in-q3-2022-1554581058729005056.webp)
TheGraph [GRT] short-term investors can expect this in Q3 2022
has continued to struggle. It all started with a hefty price fall from $0.34 to $0.12 between 5 May and 12 May.
Despite a good recovery for many cryptocurrencies to surge above May levels, GRT did not concur to another three-month high. In June, it went further down to $0.09. Interestingly, GRT gave its investors some glimmer of hope in July—surging from $0.08 on 13 July to $0.14 on 30 July. However, GRT seems to have returned to its old uninspiring ways. In the last 24 hours, it recorded an 11.44% dip to $0.11.The current GRT state appears to be unwilling to a price increase. According to Santiment data, GRT’s volumesufficiently between 31 July and today . As of yesterday , it was 126.61 million. At press time, GRT volume had fallen to 71.95 million.
Additionally, the thirty-day MVRV ratio has not been impressive either, reflecting an 11.26% drop over the last 24 hours.Expectedly, there has been a similar drop in market capitalization. While GRT claimed the $1 billion cap in the last week of July and held onto it till the first day in August, the present state shows otherwise.Based on the GRT four-hour chart, there could be some consolidation for GRT investors.
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