Market Overview for The Graph (GRTUSDT)

• The Graph (GRTUSDT) formed a bullish engulfing pattern near 0.0890, signaling short-term support.
• Price traded in a 0.0892–0.0906 range with a 24-hour close near key resistance at 0.0905.
• RSI hovered near neutral territory, suggesting balanced momentum with no overbought/oversold extremes.
• Volatility expanded in the overnight hours, with increased volume confirming the recent price high.

The Graph (GRTUSDT) opened at 0.0893 on 2025-08-21 at 12:00 ET and reached a high of 0.0909 before settling at 0.0903 at 12:00 ET on 2025-08-22. Total volume for the 24-hour window was approximately 6.06 million GRT, with turnover reaching $542,570. The price action reflected moderate consolidation with a slight upward bias.

Structure & Formations

The price tested a critical support level at 0.0890 twice during the session, with a bullish engulfing pattern forming on the 15-minute chart as price rebounded. A bearish doji emerged at 0.0905 in the early hours of 2025-08-22, hinting at potential exhaustion at the upper end of the range. Key resistance appears to be consolidating at 0.0905–0.0906, with 0.0892 acting as a firm support.

Moving Averages

Short-term 20-period and 50-period moving averages on the 15-minute chart show price hovering above the 20-period line, indicating bullish momentum in the short run. On the daily chart, the 50-period and 200-period lines are closely aligned, suggesting a neutral-to-bullish bias in the broader trend.

MACD & RSI

The MACD histogram showed a mixed signal with positive divergence in the late hours of 2025-08-22, suggesting a potential pullback or consolidation. RSI remained in a neutral range (45–55), indicating balanced buying and selling pressure. The asset does not currently show signs of overbought or oversold conditions.

Bollinger Bands

Price action expanded volatility late into the session, moving closer to the upper Bollinger Band, a sign of tightening conditions before a potential breakout. In the overnight hours, the asset traded near the top of the band, suggesting a potential test of key resistance levels ahead.

Volume & Turnover

Volume increased significantly as price reached 0.0906, with the highest turnover recorded during the 21:15–22:00 ET period. Price and turnover aligned in the upper half of the range, suggesting accumulation rather than distribution. No major divergences were observed during the session.

Fibonacci Retracements

On the 15-minute chart, price retraced to the 61.8% level during the 23:45–00:15 ET time frame, suggesting a potential reversal point. On the daily chart, the 38.2% retracement level at 0.0899 acted as a pivot, with price showing a reluctance to break below it.

Looking ahead, The Graph may test the 0.0905–0.0906 level for a potential breakout. A break above could target 0.0910, while a retest of 0.0890 could provide a short-term entry for cautious longs. However, traders should remain cautious of potential reversal signals near key levels.