(Chart by TradingView)
On January 4-5, The Graph's alligator against Bitcoin was seen falling to about ₿340 Satoshi. It then slowly moved up and down and is now up looking for food again.
Meanwhile, the Moving Average Convergence Divergence (MACD) oscillator is in a bullish position. This indicates that the price of this asset is rising.
However, the stochastic Relative Strength Index (RSI) oscillator is in overbought territory. In other words, the market price of this asset is above its intrinsic price.
And now we see the alligator opening its mouth upward. Will it continue to walk up in search of prey?
Let's continue The Graph's alligator adventure with Bitcoin.
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