The post GRT Technical Analysis Jan 22 appeared on BitcoinEthereumNews.com. GRT’s volume story shows weak conviction with low market participation; despite a +1The post GRT Technical Analysis Jan 22 appeared on BitcoinEthereumNews.com. GRT’s volume story shows weak conviction with low market participation; despite a +1

GRT Technical Analysis Jan 22

GRT’s volume story shows weak conviction with low market participation; despite a +1.93% increase within the downtrend, volume is below average, signaling that the rally may not be sustainable.

Volume Profile and Market Participation

GRT’s 24-hour trading volume came in at 10.80 million dollars, which is about 20% below the 7-day average volume. This low volume indicates limited market participation; even though the price rose +1.93% around $0.04, examining the volume profile shows the value area (high-volume price zone) squeezed in the $0.0368-$0.0417 range. According to volume profile analysis, the Point of Control (POC) is at $0.0377, and this level acts as a strong magnet.

Volume increased during recent declines (e.g., the drop from $0.05 resistance), but today’s upward move is low-volume. This highlights the lack of broad-based participation (high volume nodes – HVN) needed for a healthy rally. Market participants are cautious; retail traders are limited, and institutional flows are quiet. Volume delta analysis confirms that sellers (red volume) dominate buyers (green volume), pointing to the continuation of the downtrend.

Educational note: Volume profile shows where the ‘fair value’ lies. For GRT, low nodes (below $0.0326) are risky, while high nodes (above $0.0417) are potential targets.

Accumulation or Distribution?

Accumulation Signals

Accumulation signals are weak but present: volume increase at $0.0368 support (65/100 score level), resembling a spring test for potential bottom formation. RSI at 41.89 is approaching oversold, and hidden positive divergence in volume (volume decreasing as price falls) carries traces of accumulation. If there’s a volume explosion on a test of $0.0326, institutions might be hunting for bottoms.

However, staying below EMA20 ($0.04) and bearish Supertrend indicate accumulation is in an early stage. Watch for: Uptick in volume + price stabilization.

Distribution Risks

Distribution warnings dominate: High volume on rejection from $0.05 resistance (distribution climax), low volume on the recent +1.93% rally (fakeout). Negative MACD histogram and 7R/4S (resistance heavy) MTF volume levels on 1D/3D timeframes scream seller control. High risk of a volume trap at $0.0417; breakouts could collapse on low volume.

Education: In distribution, volume is low on upside fakes and high on real downside breaks. GRT fits this profile perfectly.

Price-Volume Confluence

Even though price is up +1.93%, there’s no volume confirmation; within the downtrend, this resembles a ‘weak hands shakeout’. High volume on declines (bearish conviction), low on rises (lack of conviction). Divergence is clear: Price bearish below EMAs, volume favors sellers.

On MTF, 10 strong levels (3R on 1W) are pulling price to $0.0377. Healthy volume: Needs HVN expansion for upside, currently unhealthy (narrow profile). I recommend cross-referencing volume-price confluence with futures open interest for GRT Spot Analysis and GRT Futures Analysis.

Big Player Activity

Institutional patterns are ambiguous: No clear buying in whale flows, but volume cluster at $0.0368 (institutional footprint?) hints at accumulation. Volume spikes at $0.05 show selling climax, indicating big players closing positions. If supported by on-chain data (whale wallet movements), a $0.0326 test could mark the end of distribution.

Warning: We don’t know exact institutional positions; we’re only interpreting volume footprints. Watch for large block trades.

Bitcoin Correlation

BTC at $89,722 +1.55% in downtrend, Supertrend bearish. GRT correlates 0.85% with BTC; if BTC breaks $89,153 support, GRT gets dragged to $0.0368. Key BTC levels: Support $86,892 (triggers GRT $0.0326), resistance $90,940 (condition for GRT rally). Rising BTC dominance cautions altcoins; GRT volume could spike on BTC dump (distribution).

Volume-Based Outlook

Short-term bearish: Volume low and scattered; needs 50%+ volume increase for $0.0377 breakout. Bull target $0.0600 low score (31), possible with $0.0368 hold in accumulation. Bear target $0.0206 (22 score), realistic with volume confirmation. Outlook: Low participation extends downtrend, follow volume spikes. Recommendation: $0.0368 stop-loss on Spot/Futures, wait for volume increase.

This analysis uses Chief Analyst Devrim Cacal’s market views and methodology.

Market Analyst: Sarah Chen

Technical analysis and risk management specialist

This analysis is not investment advice. Do your own research.

Source: https://en.coinotag.com/analysis/grt-volume-analysis-january-22-2026-accumulation-distribution

Market Opportunity
Graph Token Logo
Graph Token Price(GRT)
$0.02931
$0.02931$0.02931
-3.71%
USD
Graph Token (GRT) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Zcash (ZEC) Price Prediction: ZEC Defends $300 Support as Bullish Structures and Privacy Narrative Return to Focus

Zcash (ZEC) Price Prediction: ZEC Defends $300 Support as Bullish Structures and Privacy Narrative Return to Focus

Zcash (ZEC) is holding above the crucial $300 support zone as price consolidates near $339, with traders watching key resistance levels and a potential bullish
Share
Brave New Coin2026/02/01 02:16
The 5000x Potential: BlockDAG Enters Its Final Hours at $0.0005 Before the Presale Ends

The 5000x Potential: BlockDAG Enters Its Final Hours at $0.0005 Before the Presale Ends

BlockDAG is one of the few projects offering a structured window rather than a surprise. The presale has already raised $452 million, and only hours remain to buy
Share
Techbullion2026/02/01 02:00
Franklin Templeton CEO Dismisses 50bps Rate Cut Ahead FOMC

Franklin Templeton CEO Dismisses 50bps Rate Cut Ahead FOMC

The post Franklin Templeton CEO Dismisses 50bps Rate Cut Ahead FOMC appeared on BitcoinEthereumNews.com. Franklin Templeton CEO Jenny Johnson has weighed in on whether the Federal Reserve should make a 25 basis points (bps) Fed rate cut or 50 bps cut. This comes ahead of the Fed decision today at today’s FOMC meeting, with the market pricing in a 25 bps cut. Bitcoin and the broader crypto market are currently trading flat ahead of the rate cut decision. Franklin Templeton CEO Weighs In On Potential FOMC Decision In a CNBC interview, Jenny Johnson said that she expects the Fed to make a 25 bps cut today instead of a 50 bps cut. She acknowledged the jobs data, which suggested that the labor market is weakening. However, she noted that this data is backward-looking, indicating that it doesn’t show the current state of the economy. She alluded to the wage growth, which she remarked is an indication of a robust labor market. She added that retail sales are up and that consumers are still spending, despite inflation being sticky at 3%, which makes a case for why the FOMC should opt against a 50-basis-point Fed rate cut. In line with this, the Franklin Templeton CEO said that she would go with a 25 bps rate cut if she were Jerome Powell. She remarked that the Fed still has the October and December FOMC meetings to make further cuts if the incoming data warrants it. Johnson also asserted that the data show a robust economy. However, she noted that there can’t be an argument for no Fed rate cut since Powell already signaled at Jackson Hole that they were likely to lower interest rates at this meeting due to concerns over a weakening labor market. Notably, her comment comes as experts argue for both sides on why the Fed should make a 25 bps cut or…
Share
BitcoinEthereumNews2025/09/18 00:36