GRAM Price Outlook Sours Despite Durov's Optimism as Telegram Wallets Surge

21 minute ago 2 sources negative

Key takeaways:

  • GRAM's 1M wallet activations look weaker given only 6% funded, signaling fragile demand.
  • Reclaiming $1.35 and 200-day EMA near $1.4614 is key bullish confirmation for GRAM.
  • Failure below $1.10 risks a $1.00 retest, so GRAM traders should watch for volume weakness.

Gram (prev. Toncoin) price prediction remains bearish below $1.35, the level GRAM needs to clear to break out of its falling wedge. The base case for year-end 2026 is $1.25, with a longer-term target of $2.40 by 2030. According to the analysis, GRAM could end 2026 between $0.80 and $1.70, with the bull case requiring a close above the wedge line near $1.35 and a push through the 200-day EMA at $1.4614 toward the $1.72 September high. A close below $1.00 would put the $0.80 level in play.

Despite the cautious price outlook, Telegram founder Pavel Durov said more than 1 million Gram wallets were activated within 48 hours, reinforcing his ambition to make Gram a top-3 cryptocurrency. However, Bitcoin.com data shows only about 178,000 of 2.85 million Telegram wallets, roughly 6%, hold a balance. This gap underscores that wallet activations have not yet translated into widespread on-chain usage or sustained demand.

On November 13, GRAM dropped roughly 6% despite Durov's bullish prediction. The token now faces immediate support at $1.10; if that level fails, GRAM risks retesting $1.00. The convergence of technical resistance, bearish price structure, and early-stage adoption metrics suggests near-term downside risk remains elevated unless GRAM can reclaim the falling wedge and hold above the 200-day EMA.

Disclaimer

The content on this website is provided for information purposes only and does not constitute investment advice, an offer, or professional consultation. Crypto assets are high-risk and volatile — you may lose all funds. Some materials may include summaries and links to third-party sources; we are not responsible for their content or accuracy. Any decisions you make are at your own risk. Coinalertnews recommends independently verifying information and consulting with a professional before making any financial decisions based on this content.