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Telegram's GRAM token eyes 40% rally despite legal issues with founder Pavel Durov

Technical Signals
29 Jul 2026
FXEmpire
View Source
Bullish
pluang ai news

Telegram's GRAM token is forming a technical pattern called a falling wedge, similar to one before its April 2026 breakout, suggesting a possible 40% price rally toward $2. This comes despite new legal troubles for Telegram founder Pavel Durov, who faces terrorism-related charges and an international arrest warrant. The token needs to break above $1.48–$1.52 and hold support around $1.30 to confirm the bullish trend. A failure to hold $1.30 could lead to further declines toward $1.20–$1.25. The market reaction to Durov's legal issues has been less severe than past events but remains a risk factor for GRAM's price outlook.

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