GRT advances modestly as technical momentum stays firmly bearish

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The Graph rises 2.34% this week

Highlights

GRT trades well below key moving averages, reflecting sustained bearish pressure across both medium- and long-term trends.
All major momentum and oscillator indicators signal weak sentiment, with selling bias dominant and no bullish signals present.
Price is forecast to move sideways between $0.02300 and $0.02780, with a high probability of further downside if $0.02300 breaks.

Persistent downside signals as technicals confirm heightened volatility this week

Technical analysis on the weekly timeframe highlights significant downward pressure, as GRT stays below all key moving averages. The nearest resistance is at MA-20, while no strong dynamic support is found nearby. Weekly indicators reinforce a bearish stance: the MACD and ADX both indicate selling conditions, the RSI shows deep oversold readings, Stochastic RSI remains oversold, CCI points to a sell bias, and Bull/Bear Power confirms seller dominance. Notably, no bullish signals are present and the Awesome Oscillator remains neutral, despite heightened volatility at 10.25%.

Sideways bias favored for next week amid low breakout probability

Looking ahead, GRT is forecast to trade between $0.02300 and $0.02780, reflecting typical weekly volatility. Technical momentum suggests a low probability (less than 20%) of any sustained upside, with key indicators showing no buy signals. The base case expects sideways movement within the current range. A sustained break below $0.02300 would likely extend the bearish trend further, while a close above $0.02780 is unlikely under current conditions.

Anton Kharitonov, analyst at Traders Union, notes that The Graph remained under significant bearish pressure this week, closing well below key moving averages. He emphasizes that even with a modest 2.34% recovery, all weekly indicators show sustained selling momentum and no evidence of a reversal. Resistance is set at the $0.03953880 MA-20 level, but GRT spent the week trading close to the bottom of its defined range. Kharitonov sees little support for a bullish scenario, as technical momentum remains decisively negative and volatility stays elevated at 10.25%. The analyst expects GRT to remain locked between $0.02300 and $0.02780 for the coming week, with further downside risk if $0.02300 fails. "As long as the price holds below its main moving averages and no technical buy signals appear, I remain defensive — this uptick is not a valid reason to expect a trend reversal."

Previously it was reported that The Graph remains entrenched in bearish territory, with the price anchored below all major moving averages and weekly indicators such as RSI and MACD signaling sustained negative momentum. Over the next week, analysts expect GRT to remain rangebound between its established support and resistance levels, with little probability of a meaningful upward reversal unless a decisive close above resistance occurs.

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

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