The Graph falls sharply as sellers dominate amid weak momentum signals

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The Graph drops 7.49% today

Highlights

GRT is trading at $0.03311, below the MA-20 ($0.03918), MA-50 ($0.03878), and MA-200 ($0.06915), confirming ongoing bearish pressure across all timeframes.
Momentum indicators—including MACD, ADX, RSI, CCI, and Bull/Bear Power—all signal continued downside, with technical consensus supporting further near-term weakness after a 7.49% daily drop.
Key technical levels are the Ichimoku Kijun resistance at $0.03978 and support at $0.033; a break below $0.033 may trigger retests near $0.030.

Persistent bearish signals as weak momentum meets resistance limits

Momentum signals on the daily chart remain weak, with MACD in sell territory and ADX at a subdued level, suggesting that the current downward trend lacks strong conviction. RSI and Commodity Channel Index are both flagging sell signals, while Stochastic RSI is neutral on the daily but indicates oversold across intraday timeframes, implying possible exhaustion in selling pressure. Bull/Bear Power remains in negative territory, confirming intraday dominance by sellers. The Awesome Oscillator also aligns with this bearish tone. The closest dynamic resistance is the Ichimoku Kijun level at $0.03978, and the ongoing inability to retake higher moving averages confirms the bearish market structure.

Downside risk elevated with limited recovery prospects ahead

Over the next five sessions, the typical volatility band is expected between $0.030 and $0.036. The probability of a sustained price increase is under 20%, while further downside remains more likely. Sideways movement near recent lows could emerge if selling pressure pauses, but regaining momentum above $0.036 and the Ichimoku Kijun level is needed for a bullish scenario. A drop below $0.033 would open the risk of retests toward $0.030, as technicals continue to favor downside risk in the short-term view.

Viktoras Karapetjanc, expert at Traders Union, sees persistent selling pressure dragging The Graph (GRT) below key moving averages. He believes weak momentum and technicals currently favor the bears, though some intraday exhaustion is possible. Macro and sentiment signals are lacking fresh drivers, keeping the short-term outlook defensive. "If GRT can reclaim $0.036 and stabilize above the Ichimoku Kijun, I would look for a change in sentiment — until then, sellers dominate."

Previously it was reported that The Graph remains under persistent selling pressure, trading below all major weekly moving averages with key technical indicators such as RSI, MACD, and ADX confirming continued bearish momentum. Immediate resistance is noted near the Ichimoku Kijun, while weak support and the absence of reversal signals suggest elevated downside risk and a likely continuation of the bearish trend.

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

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.