The Graph price prediction: Further downside ahead? GRT drops 7.38%

Traders Union
All News
Crypto
The Graph slides 7.38% today

Highlights

GRT trades at $0.02725, below its MA-20 ($0.029903), MA-50 ($0.035388), and MA-200 ($0.062580), reflecting sustained bearish momentum across all timeframes.
Intraday sentiment is weak, with a 7.38% price decline, high volatility, and dominant selling pressure keeping the price near session lows.
Key levels are marked by resistance at $0.030835 (Ichimoku Kijun) and support at $0.02690, with a further downside likely if support breaks.

Bearish signals persist as resistance caps price and oscillators diverge

Technical analysis shows GRT faces resistance at the Ichimoku Kijun level of $0.030835 on the daily chart, with support likely in the immediate zone or recent intraday lows. All key moving averages remain above the current price, highlighting continued bearishness. Momentum signals are negative overall: MACD and ADX indicate further downside, daily RSI sits at 43 (weak but not oversold), while Stochastic RSI is overbought and CCI is neutral, reflecting mixed signals among oscillators. Bull/Bear Power shows a slight buyer edge intraday, though prevailing sentiment is weak and price action is dominated by selling during a volatile session.

Limited upside expected as downward momentum outweighs rebound risks

Over the next five trading days, GRT is likely to consolidate sideways within a typical volatility band of $0.02690 to $0.02760 as selling pressure is gradually absorbed. Based on bearish signals from weekly MACD, RSI, ADX, and moving averages, there is a greater probability of a continued decline, while the chance of a price rebound is under 20%. Should the price close above $0.030835 (Ichimoku Kijun), a corrective rally toward prior resistance may develop. A break below $0.02690 would confirm downside momentum and could trigger a fresh move lower.

Viktoras Karapetjanc, expert at Traders Union, sees GRT trading in a prolonged bearish environment, yet he notes that consolidation is emerging as sellers tire. He highlights that while technical momentum remains negative, price may soon stabilize as market sentiment becomes less decisive after heavy selling. For now, Karapetjanc favors a cautious approach but sees the potential for a constructive shift if price closes above $0.030835. "A close above the Ichimoku Kijun could quickly shift market sentiment and set GRT on the path to recovery," he says.

Previously it was reported that The Graph remains under bearish pressure, trading below all key moving averages with mixed momentum signals as the MACD and ADX confirm prevailing negative sentiment, while oscillators highlight divergence. The asset faces resistance near the 20-day moving average and support at the Ichimoku Kijun level, with further downside favored as rally probabilities remain 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

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.