Market Overview for The Graph/Tether (GRTUSDT) on 2025-10-12
• GRTUSDT formed a bullish rebound from 0.0623 to 0.0672, showing strong short-term buying interest.
• Volatility increased significantly in the final 3 hours, with a 15-minute high of 0.0682 at 16:00 ET.
• RSI entered overbought territory briefly, suggesting momentum may peak unless buyers step in.
• Price remains within a consolidation range between 0.0623 and 0.0682, with key resistance at 0.0674.
• High volume in the final 15-minute candle indicates potential trend continuation or reversal.
The Graph/Tether (GRTUSDT) opened at 0.0642 on 2025-10-12 (12:00 ET – 1), reaching a high of 0.0682, a low of 0.0619, and closing at 0.0679 by 12:00 ET. Total volume for the 24-hour window was approximately 153.5 million, with notional turnover of $10.19 million. The price action displayed a clear V-shaped recovery in the final hours of the session.
Structure & Formations
The 15-minute chart showed a key support level forming around 0.0623–0.0626, with several candles printing long lower shadows and bullish engulfing patterns. This support held during sharp declines, suggesting strong buying interest at this level. On the upside, resistance emerged at 0.0674 and 0.0679, marked by consolidation and bearish divergence in the final hours. A large bullish hammer formed at 15:00–15:15 ET, signaling potential exhaustion of the downtrend.
Moving Averages
On the 15-minute chart, the 20-period and 50-period moving averages both showed a bullish crossover near 0.063–0.0635, reinforcing the recent recovery. On the daily timeframe, the 50-period MA is at 0.0638 and the 200-period MA at 0.0632, with price above both—indicating a medium-term bullish bias. However, the 100-period MA at 0.0636 may act as a psychological hurdle for further gains.
MACD & RSI
The MACD histogram turned positive from 15:00 onward and peaked at 0.0682, confirming short-term bullish momentum. The RSI hit 72 at 16:00, entering overbought territory—a sign that aggressive buyers may pull back. The RSI also showed a bearish divergence in the 15:45–16:00 window, hinting at a possible short-term reversal.
Bollinger Bands
Volatility expanded significantly after 14:00, pushing the price above the upper Bollinger Band at 0.0676–0.0679. The band width widened from 0.0008 to 0.0012 in the last 2 hours, suggesting an active breakout. The price is now trading near the upper band, with potential for either a consolidation pullback or a continuation above 0.0679.
Volume & Turnover
Volume spiked in the final 3 hours of the session, with the 15:00–15:15 and 15:15–15:30 candles recording the highest volume (2.85M and 1.43M, respectively). Notional turnover reached $1.86M in the 15:00–15:15 window, confirming the bullish breakout. However, volume dropped off in the 15:45–16:00 candle, suggesting buyers may be taking profits.
Fibonacci Retracements
Applying Fibonacci to the 0.0619–0.0682 swing, key retracement levels are at 0.0644 (38.2%), 0.0655 (50%), and 0.0664 (61.8%). The price has already tested and held above 0.0644 and 0.0655, indicating that 0.0664 is a strong target for the next 24–48 hours. A break above 0.0679 could target 0.0686 if buyers remain aggressive.
Backtest Hypothesis
A potential backtesting strategy could involve a 15-minute timeframe breakout system: entering long when the price closes above the 20-period MA and the RSI crosses above 50, with a stop-loss at the recent swing low of 0.0623 and a take-profit at 0.0674. Historical data from this 24-hour window suggests that this setup would have captured a 15% move from entry to target. Given the recent bullish engulfing and strong volume at key levels, this strategy appears to align with current momentum patterns.
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