GRAM drops as bearish momentum continues

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Gram drops 7.56% today to $1.57

Highlights

GRAM/USD trades below key short- and medium-term moving averages, showing ongoing seller pressure despite support from the long-term trend.
Short-term momentum signals are mixed, with overall bearish conditions and significant loss of 7.56% on the day amid increased volatility.
GRAM/USD is expected to fluctuate between $1.4985 and $1.6555 over the next two to three sessions, with a 62% probability of an upward move.

Mixed technical signals as momentum diverges below key resistances

On the hourly chart, GRAM/USD is currently trading below the MA-20 at $1.5879 and the MA-50 at $1.6142, but maintains its position above the long-term MA-200 on the daily timeframe at $1.5292. Immediate resistance is highlighted by the Ichimoku Kijun level at $1.6355. Momentum indicators present mixed signals: MACD shows a strong sell, while ADX gives a buy alert, suggesting conflicting underlying directional strength. The RSI holds at 45.74, joined by a strong sell from Stoch RSI, indicating ongoing bearish momentum. CCI remains neutral and Bull/Bear Power points to buyers holding a slight edge intraday. Awesome Oscillator is neutral and does not provide additional directional cues at this time.

Range-bound outlook holds as volatility shapes directional probabilities

Over the next two to three trading days, GRAM/USD is expected to fluctuate within a range of $1.4985 to $1.6555, representing a typical volatility band relative to current levels. The probability of an upward move in the short term is estimated at 62%, reducing the likelihood of a further decline to 38%. Baseline expectations suggest price will continue consolidating within this corridor. A break above $1.6355 would open a bullish scenario, while a move below $1.4985 would indicate renewed bearish pressure.

Anton Kharitonov, Traders Union analyst, sees GRAM in a technically weak setup as it remains below key moving averages and lacks supportive news flows. Momentum indicators are divided, but the dominant tone is bearish with some short-term upside probability. The analyst notes that with price action stuck in a consolidation range, any moves above $1.6355 or below $1.4985 would be decisive. "Until GRAM reclaims and holds above its resistance levels, I stay defensive and see no clear bullish signal in the current setup."

Earlier, analysts noted that Gram’s outlook remained cautiously bullish, with renewed interest following the rebranding and integration of the self-custodial wallet. The current technical setup signals a shift to greater short-term uncertainty, making price behavior near the $1.4985 and $1.6355 levels critical for confirming the next directional breakout.

Source of Data: GRAM 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.