The Graph is falling today: what traders are watching (January 19)

Traders Union
All News
Crypto
The Graph Slides 10.93% Today

Highlights

No financial news is available for the specified target dates, resulting in an absence of new market-moving information.
Investors did not receive any updates on prices, key financial indicators, or corporate events due to the error: 'NEWS ARE ABSENT ON TARGET DATES'.
Lack of relevant news flow for the target dates may contribute to muted market reactions and uninformed trading decisions.

Anton Kharitonov, expert at Traders Union, sees a clear confirmation of sustained bearish pressure. He notes that GRT remains entrenched below all key moving averages, with recent price action showing strong volatility and sellers firmly in control. The absence of news catalysts only amplifies technical weakness. Oscillators are positioned deep in oversold territory, but with momentum indicators failing to confirm a reversal, risk remains skewed to the downside. "The lack of strong buying signals and broken support areas make caution essential for bulls," he says.

Viktoras Karapetjanc, expert at Traders Union, remains constructive despite short-term weakness. He points out that the current pullback may offer opportunities for accumulation near multi-week lows. Macro and fundamental factors appear stable and do not add extra pressure for GRT. As long as the $0.037540 support holds, bullish setups could emerge with a push above the $0.040232 resistance. "I see this consolidation as a preparatory stage for renewed upside — traders should monitor for a decisive breakout," Karapetjanc states.

Parshwa Turakhiya, analyst, observes high volatility and mixed short-term sentiment for GRT. The drastic slide has stretched several indicators into oversold territory, but divergence in intraday signals hints at a possible near-term bounce. Price action remains weak, with sellers dominating recent sessions. He believes nimble traders may find quick setups within the $0.037540 to $0.040255 range. "I’m watching for signs of exhaustion in selling as a window for short-lived countertrend trades," Turakhiya says.

Bearish momentum intensifies as volatility and mixed signals emerge

Technical signals reinforce the bearish stance: Ichimoku’s Kijun at $0.038960 marks immediate dynamic resistance, with support developing under today’s range. Daily MACD registers tentative buying, but the ADX shows weak trend strength. Stoch RSI points to deep oversold territory, RSI and CCI sit in the lower mid-range, and a strong buy indication from BBP clashes with oscillators highlighting seller control. A gap down at the open followed by a sharp 10.93% slide keeps price near session lows, reflecting pronounced volatility and strong downside momentum, though some intraday indicators show divergence and do not fully confirm the sell-off’s power.

Previously it was reported that The Graph was trading well below weekly moving averages, with technical indicators such as a weak ADX, negative BBP, and an oversold CCI pointing to persistent bearish sentiment and consolidation pressure. Despite strong developer adoption and record network usage, analysts highlighted that the price is likely to remain in a sideways range as the likelihood of an upward breakout remains subdued.

Source of Data: GRT Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.