GRT hovers near recent lows with RSI deep in oversold territory: weekly analysis

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The Graph slips 7.08% this week

Highlights

GRT remains in a pronounced downtrend, trading below all major moving averages and confirming medium- to long-term bearish momentum.
Momentum and trend indicators continue to signal strong selling dominance, though deeply oversold readings suggest potential for a brief relief bounce.
The anticipated trading range for the week is $0.01445–$0.01705, with further declines more likely unless a decisive breakout above resistance occurs.

Bearish momentum intensifies during the week as indicators hit extremes

Momentum signals are strongly negative on the weekly chart: MACD confirms a strong sell, the ADX supports ongoing downside momentum, and the RSI stands deeply oversold at 27.53. The Stochastic RSI and CCI are also maximally oversold and deeply negative, while Bull/Bear Power aligns with sellers dominating the trend. The Awesome Oscillator remains neutral, signaling a lack of any meaningful bullish reversal attempts, as GRT closes the week at the bottom of its trading range and marks volatility at 8.27%.

Range-bound trade expected next week as oversold pressures persist

In the next 7 days, GRT is expected to trade within a range of $0.01445 – $0.01705, just beneath its current level. With all major weekly indicators still pointed lower and no buy signals present, the likelihood of a sustained rally is below 20%. The baseline scenario calls for continued consolidation in this band as oversold conditions linger. A break above $0.01705 may trigger short covering, while any sustained move below $0.01445 would reinforce the downtrend.

Viktoras Karapetjanc, Senior Analyst at Traders Union, sees this week’s GRT action as a confirmation of persistent downside momentum but believes the stage is set for tactical opportunities. While the crypto remains under strong bearish pressure, Karapetjanc points to stretched oversold signals and a well-defined consolidation range as a chance for agile participants to monitor for a rebound. He notes that macro forces and overall market risk appetite could quickly shift sentiment, creating setups for sharp reversals or short covering. The upcoming week’s price band between $0.01445 and $0.01705 offers a clear technical framework for decision-making. "This week’s persistent selling gives patient bulls a chance to watch for a relief bounce — if momentum shifts, opportunities will emerge swiftly," he says.

Earlier, analysts noted that The Graph was locked in a prolonged bearish trend with little evidence of imminent recovery. Fresh technical signals in the current period reinforce this outlook, as deepening oversold conditions and persistent downside momentum place extra emphasis on monitoring for a decisive break below $0.01445 as the next potential catalyst.

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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