Gram price prediction: $1.532 support in focus as GRAM drops 7.97%
Gram (GRAM, formerly Toncoin) is trading at $1.639, reflecting a decline of 7.97% over the last 24 hours. The asset currently sits below its key short- and medium-term moving averages, but remains supported by long-term averages.
Highlights
- The Gram token completed its rebrand from Toncoin after an 81.22% community vote, marking a major ecosystem identity shift.
- Telegram Wallet users retain uninterrupted functionality during the transition, but the project faces market adaptation and continued selling pressure.
- Technicals show pronounced bearish momentum, with price consolidating near $1.639 and high probability of further decline toward $1.532 support.
Brand overhaul as community vote triggers rebranding shift
The Gram token underwent a formal rebranding from Toncoin following a community governance vote that concluded on June 8, 2026, with 81.22% of participating voting power approving the change. This completed action initiates a full shift in asset branding and ecosystem identity, prompting both user and market adaptation as the new Gram name and logo are adopted across platforms. Telegram Wallet has implemented the name change, ensuring continued token functionality and stable wallet operations during this transition phase, though price action has remained under broader selling pressure.
Bearish momentum confirmed as major supports hold above
Technical analysis shows that GRAM is trading below both the MA-20 ($1.713) and MA-50 ($1.741) on the hourly chart, while remaining above the long-term MA-200 at $1.551 on the daily timeframe. Immediate resistance is marked by the Ichimoku Kijun at $1.741, with support at $1.532. Indicators reveal overall bearish momentum: MACD and ADX confirm downside pressure, and BBP demonstrates intraday selling dominance. Oscillators, including RSI (32.716), Stoch RSI, and CCI, all signal oversold conditions, highlighting short-term seller exhaustion. AO is neutral and does not intensify the trend, while the price currently approaches today's low at $1.639 amid high volatility and a $0.062 gap.
Downside risk persists as volatility narrows trading corridor
In the next 1–2 days, GRAM is expected to trade within a range between $1.532 and $1.704, reflecting the current volatility band relative to recent levels. The likelihood of upward movement is very low, while the probability of further decline is considered high. Baseline expectation is for price consolidation within this projected corridor. Should buyers reclaim momentum and push through the $1.741 resistance, a bullish shift could unfold, whereas extended selling might challenge the long-term support near $1.532.
Previously it was reported that Gram completed its rebranding from Toncoin following strong community approval, marking a significant shift in the token’s branding and ecosystem identity. With current technical analysis highlighting continued bearish pressure but also oversold signals, traders should closely monitor for a potential reversal if buyers regain momentum or for further downside risk should support near $1.532 be breached.
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