OriginTrail is a promising blockchain project focused on supply chain management. Discover the OriginTrail (TRAC) Price Prediction for 2024, 2025, and 2030 according to expert analysis and market sentiment.
- The current market sentiment around OriginTrail (TRAC) is neutral to slightly bearish, with a Fear & Greed Index score of 72 indicating greed.
- Key support levels for the TRAC price are around $0.95, while resistance is expected near $1.11-1.18 over the coming months.
- Based on technical analysis and predictive forecasting models, the average trading price of TRAC is projected to be $0.983 in April 2024, potentially ranging between $0.950 to $1.02.
- Looking further ahead, the average price could rise to $1.77 in 2025, $5.82 in 2028, and $11.81 by 2030 if the OriginTrail project continues to grow and gain adoption.
Analyzing the price movements of OriginTrail (TRAC), the token has shown volatility of 10.36% over the past 30 days. It recorded 11 green days out of the last 30, or 37% of the time. The strongest support level is around $0.95, with resistance expected between $1.11 to $1.18 in the coming months.
Key technical indicators like moving averages and the RSI suggest a neutral to slightly bearish outlook in the short-term. However, network growth metrics for OriginTrail remain positive, which could support higher prices in the long run if the trend continues.
Short-Term OriginTrail (TRAC) Price Prediction
| Date | Price | Change |
| April 25, 2024 | $0.962578 | -0.27% |
| April 26, 2024 | $0.951620 | -1.41% |
| April 27, 2024 | $0.949989 | -1.58% |
| April 28, 2024 | $0.969695 | 0.46% |
| April 29, 2024 | $1.001472 | 3.76% |
| April 30, 2024 | $1.015229 | 5.18% |
| May 01, 2024 | $0.992359 | 2.81% |
| May 02, 2024 | $1.015043 | 5.16% |
| May 03, 2024 | $1.032800 | 7% |
| May 04, 2024 | $1.048536 | 8.63% |
| May 05, 2024 | $1.113852 | 15.4% |
The short-term predictions suggest some price volatility for TRAC over the coming days, with a general upward trend. The price is expected to dip slightly in late April before rebounding above $1 in early May. By May 5th, TRAC could reach a price of $1.11, representing a 15.4% increase from the current level.
Long-Term OriginTrail (TRAC) Price Prediction
| Year | Minimum Price | Average Price | Maximum Price |
| 2024 | $0.950 | $0.983 | $1.02 |
| 2025 | $1.72 | $1.77 | $2.06 |
| 2026 | $2.61 | $2.70 | $3.02 |
| 2027 | $3.91 | $4.04 | $4.52 |
| 2028 | $5.65 | $5.82 | $6.92 |
| 2029 | $7.97 | $8.21 | $9.65 |
| 2030 | $11.48 | $11.81 | $13.68 |
The long-term OriginTrail price predictions show sustained growth through 2030 if the project achieves its roadmap goals:
- 2024: TRAC is forecast to trade between $0.95 and $1.02, with an average price of $0.983. This would represent a modest increase from the current price, suggesting a period of consolidation.
- 2025: The average price is projected to rise to $1.77, a 104% increase from the current level. Key developments and partnerships could drive increased adoption and demand for TRAC tokens.
- 2026: TRAC could reach an average price of $2.70, representing a 199% return from the current price. Continued growth of the OriginTrail ecosystem and expansion into new industries may fuel this rise.
- 2027: The uptrend is expected to continue, with an average price target of $4.04, producing a 347.5% return. Achieving major milestones on the roadmap and onboarding high-profile clients could validate OriginTrail’s long-term potential.
- 2028: Accelerating growth could take TRAC to an average of $5.82, a 585.1% return from the current level. Network effects may kick in as OriginTrail becomes a leading supply chain management solution.
- 2029: The average TRAC price is forecast to hit $8.21, an impressive 855.4% return on investment. Assuming the crypto market is in a bull cycle, this would be an opportune time to take some profits.
- 2030: If OriginTrail achieves mass adoption and becomes an industry standard, the average token price could reach $11.81. This would represent a staggering 1254.5% return from current levels. However, this is a best-case scenario and far from guaranteed.
These long-term predictions are highly speculative and contingent on the successful execution of OriginTrail’s vision. Unforeseen setbacks, delays, or a general crypto bear market could lead to much lower realized prices. Always invest responsibly based on your own research and risk tolerance.
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Historical Price Data
A brief review of OriginTrail’s price history shows:
- All-time high of $3.50
- All-time low of $0.0038
- Current price of $0.946 (as of April 25, 2024)
- Market capitalization of $383,596,255
- Circulating supply of 405,460,172 TRAC tokens
Conclusion
OriginTrail (TRAC) is an ambitious project aiming to revolutionize supply chain management using blockchain technology. While the short-term price predictions suggest some volatility, the long-term outlook for TRAC is quite bullish. If the team delivers on its vision and achieves widespread adoption, the average price of TRAC could potentially reach $11.81 by 2030, representing a 1254.5% return from current levels.
However, these predictions are highly speculative and dependent on numerous factors. Investors should thoroughly research the project, assess their risk tolerance, and make decisions based on their individual financial goals. As with any cryptocurrency investment, diversification and responsible risk management are essential.
FAQs
Is OriginTrail (TRAC) a good investment?
Whether OriginTrail is a good investment depends on your personal risk tolerance and investment goals. TRAC is a high-risk, high-potential reward investment opportunity.
How high can the TRAC price go?
According to our long-term price prediction, the average TRAC price could potentially reach $11.81 by 2030 in a best-case scenario. However, this is highly uncertain and speculative.
What drives the price of OriginTrail tokens?
The price of TRAC tokens is influenced by factors such as adoption, partnerships, market sentiment, speculation, technical progress, and regulatory developments.
What are the risks of investing in TRAC?
Key risks include volatility, execution risk, competition, regulatory uncertainty, and opportunity cost. Thoroughly assess your risk tolerance before investing.
