Gram weekly forecast: Continued downside pressure with very high probability of lower prices this week

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Gram slips 5.60% this week

Highlights

Gram trades at $1.313, down 5.6% in the past week and is now below all key daily moving averages.
Momentum indicators show weakness with Gram in an oversold condition and a continued sell signal from trend-following tools.
Gram faces immediate support at $1.31 and resistance at $1.371, with a projected range of $1.2807 to $1.5756 and a high probability of further decline.

Support remains critical as momentum signals deepen bearish bias

The daily chart points to sustained downside pressure with Gram pinned to support at $1.31 and volatility over the past week at 4.66%. Momentum indicators reinforce the weakness: the Stochastic RSI reads 0, placing it in the oversold zone, while the MACD continues to issue a sell signal. Immediate resistance is set at $1.371, while the Ichimoku Kijun at $1.5215 acts as higher resistance. Momentum character is an emerging move lower that is not yet confirmed, so the next few sessions hinge on whether this downside becomes decisive.

Further downside favored next week barring a key resistance breakout

Next week, the expected range is $1.2807 to $1.5756. There is a very high probability (more than 80%) of a decrease and a very low probability (less than 20%) of an increase. The base case is continued consolidation or further testing of support near $1.31. A move above $1.371 would open scope for a rebound, while a close below $1.31 would signal deeper downside risk within the projected range.

Viktoras Karapetjanc, expert at Traders Union, sees strong opportunity in Gram’s current technical setup. This week’s decline to $1.31 has pushed the token into oversold territory, as confirmed by a Stochastic RSI of 0 on the daily chart. While momentum remains bearish and the MACD continues to signal weakness, Karapetjanc believes the oversold condition and solid base near $1.31 set the stage for a potential rebound in the coming days. He expects consolidation or support tests to dominate, with any move above $1.371 unlocking upward potential through next week’s range. "With volatility staying elevated and the downside largely priced in, I view this zone as offering attractive entry points for traders ready to capitalize on a coming shift in momentum."

Earlier, analysts noted that Gram was facing persistent downside risk and entering a consolidation phase as sellers maintained control. The current analysis reinforces this outlook with updated momentum readings, highlighting the importance of support at $1.31 as a pivot for any potential shift in direction over the coming week.

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

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