Technical weakness persists — The Graph drops 10.47%

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The Graph slides 10.47% to $0.024594

Highlights

GRT trades at $0.024594, sharply below the MA-20, MA-50, and MA-200, evidencing sustained selling pressure across all timeframes.
Momentum and oscillator indicators including MACD ('Strong Sell'), ADX (32.89), RSI (40.66), and CCI (-78.82) confirm strong bearish conditions with minimal buyer activity.
The immediate resistance is the Ichimoku Kijun at $0.026820, with a likely 5-day range of $0.0221–$0.0265 and downside risk increasing if $0.0221 is breached.

Bearish trend accelerates as momentum and support erode

GRT remains under sustained technical pressure, with the price firmly beneath the MA-20 ($0.02710450), MA-50 ($0.03246420), and MA-200 ($0.05821720). The Ichimoku Kijun at $0.026820 acts as the immediate resistance. Bearish momentum dominates as the MACD remains on 'Strong Sell,' and the ADX value of 32.89 confirms an active downward trend. The RSI at 40.66, Stochastic RSI at 43.76 (neutral), and CCI at -78.82 indicate that GRT approaches, but is not yet in, oversold territory. Bull/Bear Power is marginally positive, suggesting weak buying amid prevailing seller dominance. Volatility is elevated after a session gap down, with no bullish divergence present across oscillators.

Further downside risk persists as bullish reversal falters

Looking ahead, GRT is expected to consolidate within a typical 5-day volatility band of $0.0221 – $0.0265. The chance of a short-term price increase remains very low (less than 20%), given persistent bearish momentum from all major weekly trend indicators. A breakout above $0.0268 (Ichimoku Kijun) would be required for a bullish reversal, though technicals currently do not support this scenario. Further declines are likely if GRT falls below $0.0221, as momentum strengthens to the downside and oversold conditions could deepen.

Anton Kharitonov, analyst at Traders Union, sees GRT locked in a firm downtrend, with technical signals pointing toward continued weakness. He believes that momentum and trend indicators leave little room for optimism, as the price trades below all key moving averages and major resistance at $0.026820. Without any positive news catalysts, the technical outlook remains cautious unless GRT reclaims higher levels. "Base case remains bearish — unless GRT breaks above $0.0268, the downside stays in control."

Last time, analysts noted that The Graph is trading below its 20-, 50-, and 200-day moving averages with persistent bearish momentum, as confirmed by negative signals from MACD and ADX, while the RSI shows mild weakness and the Stochastic RSI suggests overbought conditions. Immediate resistance is seen at the Ichimoku Kijun, with the price expected to move sideways within a narrow range, and further downside risk dominating the outlook amidst heightened volatility and market uncertainty.

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.