The Graph price prediction: Can $0.02480 support hold as GRT slides 7.15%?

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The Graph falls 7.15% today

Highlights

GRT trades below key short-term and medium-term averages, reflecting sustained bearish pressure with a downward bias.
Technical indicators deliver mixed signals, but overall momentum and recent price action favor further declines despite underlying buy activity.
Expected weekly range stands at $0.02480–$0.02635, with downside risk elevated and high volatility persisting.

Support tested below Kijun as mixed momentum clouds outlook

On the technical side, GRT trades beneath the SMA-20 ($0.02635) and the Ichimoku Kijun level ($0.02714), while holding marginally above the SMA-50 ($0.02526) but well below the SMA-200 ($0.03426). Immediate resistance appears near the Kijun, and price action remains volatile within the day’s $0.02510–$0.02850 range. Among momentum signals, MACD stands neutral and both Stoch RSI and CCI show a neutral bias, but ADX indicates a modestly strong buying trend and RSI is in the mid-50s. Bull/Bear Power (BBP) presents evidence of buyer dominance on daily and lower timeframes, even as price nears intraday lows.

Downside risk prevails as probabilities favor trading within range

Looking ahead, the typical volatility band for GRT in the coming week is expected between $0.02480 and $0.02635. Probabilities favor continued downside, with a move higher currently assigned less than a 20% chance. The baseline scenario is a sideways consolidation within this range. A bullish break above resistance at $0.02714 could signal a brief relief rally, while a failure of support at $0.02480 may lead to further declines in line with the prevailing downtrend.

Anton Kharitonov, expert at Traders Union, sees The Graph (GRT) showing continued technical weakness as it trades below several key moving averages. He believes downside risk dominates, with momentum mixed and price nearing critical support at $0.02480. Kharitonov notes that the lack of positive news flow adds to the cautious scenario. "Until GRT decisively reclaims resistance above $0.02714, I expect sideways to lower price action to persist."

Earlier, analysts noted that The Graph was facing sustained bearish momentum despite intermittent periods of buyer support. The latest technicals reinforce this outlook, highlighting heightened short-term downside risk, with particular attention warranted around the $0.02480 support as a potential catalyst for further declines.

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.