GRT weekly report: trades near recent lows — resistance stays at $0.0405 with support at $0.0350
The Graph (GRT) ended the week down 6.22%, closing at $0.04035, and is currently positioned just above the week’s low. GRT remains well below its MA-20 at $0.0607, MA-50 at $0.0839, and MA-200 at $0.1472, indicating persistent bearish momentum on the weekly timeframe.
Highlights
- GRT lost 6.22% over the past week, closing at $0.04035 and trading near recent lows under steady selling pressure with moderate volatility.
- Bearish momentum prevails as GRT remains below its MA-20 ($0.0607), MA-50 ($0.0839), and MA-200 ($0.1472), with momentum oscillators showing only mild oversold conditions.
- The expected trading range for the upcoming week is $0.0350 to $0.0405, with more than 80% probability of further price decline and limited recovery prospects.
Adoption gains highlighted as Web3 usage and upgrades accelerate
The protocol continues to play a central role as decentralized indexing infrastructure in Web3, with its native token facilitating query fees, delegation, and curation rewards. Over the past six months, query volumes reached 11.6 billion, marking substantial developer adoption following the move to Arbitrum and the rollout of substreams-powered subgraphs. Institutional interest remains visible, as GRT is actively listed in Grayscale’s investment products. Network participation and recent technical upgrades also underscore rising activity and expanded adoption of the protocol.
Technical signals confirm entrenched bearish bias during the week
On the weekly chart, GRT is trading well below all major moving averages, with the MA-20 at $0.0607, MA-50 at $0.0839, and MA-200 at $0.1472, reinforcing a strong bearish bias. The nearest dynamic resistance is the Ichimoku kijun at $0.0753, while support is nearby at recent lows. Technical indicators paint a weak outlook, with the RSI at 33 showing mild oversold conditions, CCI at -78.7, and a neutral Stoch RSI. Momentum remains negative as both the MACD and ADX indicate a prevailing bearish trend, and sellers remained dominant throughout the week.
Further downside likely as momentum stays negative for next week
For the next 5–7 trading days, price action is likely to remain pressured within a range of $0.0350 to $0.0405, reflecting moderate volatility with a strong probability of further decline. The baseline scenario expects GRT to move sideways near recent lows, with only a slim chance of a technical rebound unless momentum strengthens. A move above $0.0405 could open the door to a recovery toward $0.044, but this appears unlikely. Should the price fall below $0.0350, the bearish trend would intensify, exposing GRT to further downside.
Previously it was noted that The Graph was trading below key weekly averages, with technical signals such as a weak ADX and oversold CCI reflecting persistent bearish sentiment and consolidation. Despite record network usage and strong developer adoption, analysts indicated that the likelihood of an upward breakout remains subdued.
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