Market Overview for The Graph/Tether (GRTUSDT) — October 13, 2025

• Price climbed from 0.0669 to 0.0717 on strong volume and momentum, forming a bullish trend.
• Key resistance at 0.0701–0.0717 tested twice, with a breakout attempt in the last hour.
• Volatility expanded in the afternoon, with a 15-minute high of 0.0717 and low of 0.0677.
• RSI and MACD show rising momentum, but divergence could signal overbought conditions.
• Bollinger Bands widened, indicating a period of high volatility and potential consolidation.

The Graph/Tether (GRTUSDT) opened at 0.0669 on October 12 at 12:00 ET, and by 12:00 ET the next day, closed at 0.0708 after hitting a high of 0.0717 and a low of 0.0677. The pair traded a total volume of 55,705,977.0 over the 24-hour period, with a total notional turnover of approximately $3,945,581.69.

Price action over the last day featured a broad-range breakout attempt, especially from 7:45 AM to 9:45 AM ET, during which the pair traded between 0.0701 and 0.0717. Notable candlestick patterns included a bullish engulfing pattern near 0.0685–0.0687 and a series of long-bodied green candles from 7:45 AM onward. A bearish divergence appeared in the 9:45 AM to 10:15 AM range, followed by a quick rebound. Key support levels include 0.0692 and 0.0681, while resistance levels at 0.0701 and 0.0717 were tested multiple times but held during the final hours.

The 15-minute chart shows that the 20-period and 50-period moving averages have both moved higher, with price staying above both for most of the session. The 20-period MA crossed above the 50-period MA in the morning, suggesting bullish momentum. On the daily chart, the 50-day, 100-day, and 200-day MAs are in a bullish alignment, with the 50-day MA acting as a dynamic support level for the 24-hour rally.

MACD showed a strong bullish crossover in the early part of the session and remained above the zero line throughout, confirming upward momentum. The RSI approached overbought territory during the 7:00 AM to 10:00 AM period, peaking at 68, though it pulled back to 60 by the end of the session. Bollinger Bands showed a significant expansion in the afternoon, particularly after the 7:45 AM breakout, and the price remained well above the upper band during that period. These signals suggest a period of heightened volatility and potential consolidation in the near term.

Backtest Hypothesis

To validate the potential of this bullish breakout and validate the technical signals observed (such as the engulfing pattern and moving average crossovers), a backtest using a strategy that targets breakout entry points and trailing stop-loss levels could be applied. Given the volatility and momentum indicators observed in the 15-minute chart, a strategy that enters long at the close of a bullish breakout candle and exits using a trailing stop at 1.5% below the 20-period moving average could be backtested. This would test the effectiveness of using MA crossovers and RSI divergence as signals in a high-volatility environment such as GRTUSDT. Investors may consider this as a potential model for similar assets, adjusting the timeframes and parameters based on the specific asset’s behavior.