OriginTrail (TRAC) Price Prediction – 2023, 2025, 2030
Origintrail (TRAC) Overview
|💱 Ticker Symbol||TRAC|
|💸 Market Cap||$110,951,765|
|🚀 Trading Volume||$871,013|
|📈 Price Change (24h)||-4.34%|
|💰 Current Supply||393,600,188|
- Bullish Origintrail (TRAC) price predictions range between $1.27 and $2.40 by 2030.
- Market analysts believe TRAC could reach $0.986613 by 2025.
- Bearish Origintrail market price prediction for 2023 is $0.225512.
Origintrail (TRAC) Introduction
A blockchain-based technology created exclusively for supply chains is called OriginTrail. All supply chain data is synchronized on a decentralized platform. The integrity of the complete supply chain is guaranteed by the fingerprints of data stored on the blockchain. Since OriginTrail complies with GS1 standards, it can be used with any I.T. system.
A project called OriginTrail (TRAC) seeks to use blockchain technology to address several prevalent problems in the supply chain sector.
When this article was written, there were more than 1500 active cryptocurrencies available. It will increasingly continue to emerge as the market develops, making it more difficult to distinguish between valuable and worthless coins.
How can you distinguish between good and evil? The most crucial inquiry is whether they are practical and solve an issue.
OriginTrail (TRAC) is trying to address a genuine problem in a vast industry. The coin has only been in circulation for over a month, yet it has already begun to gain traction and develop a following. So even though it is still in the early stages of development, it is already in use.
What Is OriginTrail (TRAC)?
The project OriginTrail is primarily aimed at the supply chain sector. Blockchain technology seeks to make information movement simpler, more flexible, less expensive, quicker, and more secure.
The perfect way to demonstrate this is with a very straightforward example:
A product is created by a Primary Producer and sent to processing. Distribution moves it next, followed by warehousing and the retailer.
All five organizations can instantly examine information about a shipment thanks to blockchain technology. The method enables automated data entry into the blockchain, which, once entered, is safe and cannot be tampered with, so there is no paperwork to get lost or fear of not knowing where something is.
Supply chain data is dispersed among permissioned blockchains like IBM Hyperledger, Ve chain, and legacy systems like SAP, sitting in silos. Products cannot, therefore, be tracked from beginning to end. However, in light of the current pandemic scenario, the consumer demand for integration, visibility, and trust has been highlighted by regulatory authorities and standardization bodies worldwide, including the US FDA and GS1.
To address this, OriginTrail created ODN, an Ethereum-based Knowledge Graph layer with two solutions that are entirely decentralized, open-source, and driven by TRAC tokens. Using knowledge graph technology, data may be scaled infinitely (tech utilized by Google and Amazon). ODN has integrated the GS1, IoT, and W3C standards and may be used to share public and private data, enabling all use cases. In addition, the ODN Explorer search tool allows a “Google”-like method of making connections.
OriginTrail (TRAC) Technical Analysis
Utilizing mathematical indicators to assess statistical trends and forecast price rise and fall direction in the cryptocurrency market is known as technical analysis. In order to understand how the market functions and forecast how it will affect future price changes, this is done by looking at historical price movements and volume data.
Through price movements, average forecast price and patterns visible on charts, technical analysis techniques evaluate the cryptocurrency markets and pinpoint trading opportunities.
They are predicated on the idea that a cryptocurrency’s historical trading activity and price fluctuations serve as important indicators of future price and activity.
Utilize MA (Movable Averages):
Moving averages are indicators that are regularly utilized in all financial sectors. Average Price change over a given period is slowed by a moving average (M.A.). However, moving averages are a lagging indicator. Thus, they depend on previous Origintrail price predictions movement. The two moving averages are simple moving average (SMA) and exponential moving average.
Indicators are tools that traders can use to predict origintrail price forecast and other tokens. Indicators consider the duration, quantity, strength, and other variables to determine whether the TRAC will increase or decrease. Even when traders cannot anticipate the price prediction of the TRAC, trades can nonetheless result in changes and stability.
Oscillators For TRAC Tokens:
An oscillator creates high and low bands between two maximum value to create a trend indicator that swings within these parameters. Traders use the trend indicator to identify short-term overbought or oversold positions.
Relative Strength Index (RSI):
The relative Strength Index (RSI) is a motion oscillator that may assess whether a cryptocurrency is overrated or underpaid.
The prices of Basic Attention Token (BAT), Synthetix (SNX), Waves (WAVES), WEMIX Token (WEMIX), and Loopring (LRC) were most positively correlated with World Mobile Token. At the same time, Chilli (CHZ), Quant (QNT), ECOMI (OMI), Serum (SRM), and Chain were most negatively correlated (XCN).
OriginTrail (TRAC) Fundamental Analysis
While fundamental analysis performs the opposite, traders employ graphical analysis to focus on an asset’s performance, frequently down to the minute on trading charts. Trades have been expanded. They are fully aware of the savvy investment and the organization backing it.
Fundamental analysis attempts to ascertain the “intrinsic value” of an item. For instance, considering several internal and external factors may help you determine whether a cryptocurrency is overvalued or undervalued.
You’ve probably heard the adage, “invest in people, not products.” This quotation primarily captures the central idea of the fundamental analysis.
According to investors who believe in basic research, a company’s health is the main predictor of how well an asset, such as World Mobile Token, will perform in the future. This is the ideal tactic for investors aiming to buy affordable assets at their pricing.
Examining what the project has already achieved or anticipates achieving shortly can be used to predict OriginTrail’s (TRAC) price. Long-term traders regularly stay up to date with OriginTrail (TRAC) news, other predictions and schedule purchases or sales of OriginTrail (TRAC) around significant occurrences.
While fundamental analysis can frequently help forecast future TRAC prices based on knowledge of upcoming notable events or breaking news that may have an immediate and unexpected effect on the price, regardless of what the charts show, technical analysis can sometimes help traders decide when to buy or sell OriginTrail (TRAC).
Where technical analysis falls short, staying current on vital OriginTrail (TRAC) news will provide Traders with a competitive advantage.
OriginTrail (TRAC) Current Price
Origintrail is currently worth $0.28189 USD. TRAC has moved -4.34% in the last 24 hours with a trading volume of $871,013. Origintrail is currently ranked 243 amongst all cryptocurrencies with a market capitalization of $110,951,765 USD.
Utilizing the relative strength index (RSI), moving weighted average (MWA), williams fractal (fractal) and moving average convergence divergence (MACD) from the chart above, we can determine price patterns for Origintrail (TRAC) to decide wether it is going to have a bullish or bearish year.
OriginTrail (TRAC) Price Prediction
|Year||Minimum Price||Average Price||Maximum Price|
Our price prediction forecasts use real-time Origintrail (TRAC) market data and all data is updated live on our website. This allows us to provide dynamic price predictions based on current market activity.
Origintrail (TRAC) Price Prediction 2023
Origintrail, according to some, is one of the most amazing cryptocurrencies to rise this year (TRAC). The TRAC price forecast for 2023 anticipates a significant increase in the year’s second half, possibly reaching $0.422834.
As with other cryptocurrencies, the rise will be gradual, but no considerable drops are expected. Averaging $0.394645 in price is quite ambitious, but it is feasible in the near future given anticipated collaborations and advancements. TRAC is expected to have a minimum value of $0.338267.
Origintrail (TRAC) Price Prediction 2024
In 2024, Origintrail TRAC price prediction has much room for expansion. As a result of the potential announcements of numerous new partnerships and initiatives, we anticipate that the price of TRAC will soon surpass $0.704724. However, we should wait to see if the TRAC’s relative strength index comes out of the oversold zone before placing any bullish bets.
Considering the market volatility, TRAC will trade with a minimum trading price of $0.563779 and an average trading price of $0.620157.
Origintrail (TRAC) Price Prediction 2025
If the upward trend continues until 2025, it could reach $0.986613 and TRAC may profit. If the market experiences a decline, the goal may not be met. TRAC is expected to trade at an average price of $0.902046 and a low of $0.845669 in 2025.
Origintrail (TRAC) Price Prediction 2026
If Origintrail successfully boosts market sentiment among cryptocurrency enthusiasts, the TRAC coin price could remain stable for the next five years.
According to our projections, TRAC will be green in 2026. The TRAC is expected to reach and surpass its all-time high in 2026. In 2026, the virtual currency will be worth $1.27, with a minimum price of $1.13 and an average price of $1.18.
Origintrail (TRAC) Price Prediction 2027
After some extensive forecasting and technical analysis, we estimate the TRAC price is expected to cross an average price level of $1.47 by 2027, with a minimum price of $1.41 expected before the end of the year. Furthermore, TRAC has a maximum price value of $1.55.
Origintrail (TRAC) Price Prediction 2028
Due to the future partnerships that are expected to happen by 2028, we are expecting that a bullish trend will continue, bringing the average price to around $1.75. If TRAC manages to break the resistant level in 2028, we could see a maximum price of $1.83, failing to gather the support TRAC needs by 2028 could result in a low of $1.69.
Origintrail (TRAC) Price Prediction 2029
While TRAC is striving towards interoperability between networks to hasten interaction, the bullish trend from the previous year is expected to continue. So the minimum trade price has been placed at $1.97 and a yearly price close above $2.11 in 2029.
Origintrail (TRAC) Price Prediction 2030
By 2030, Origintrail will finally surpass its previous ATH values and record new price levels. The minimum price could be $2.26 and potentially reach a maximum price value of $2.40, averaging out at $2.31.
Origintrail (TRAC) Price Prediction 2031
The cryptocurrency market is known to be highly volatile which is one of the many reasons why price forecasting is a difficult task. BitcoinWisdom tries our best to forecast future price points with precision, however all predictions should not be taken as financial advice and you should DYOR (do your own research). In 2031, we are expecting cryptocurrency to have gained adoption across many sectors. As such, the maximum TRAC price in 2031 is projected to be $2.76 in the event of a bull run, with an average price level of $2.65.
As more investors selected less volatile assets, several cryptocurrencies have seen a market mood similar to that experienced by OriginTrail in recent years, which has seen a downward trend. However, since OriginTrail has utility, it should continue to be relevant after its predicted recovery.
Future collaborations will be crucial to Origintrail’s expansion. This is because these agreements will allow OriginTrail’s knowledge data graph to expand.
TRAC is a long-term investment that will likely pay you because prices are anticipated to increase gradually in the following years as per historical data.
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What is the Origintrail (TRAC) price today?
Today, Origintrail (TRAC) is trading at $0.28189 with a total market capitalization of $110,951,765.
Is Origintrail a good investment?
Origintrail proved to be one of the most talked about coins in the crypto space this past year. With this in mind, it is wise to say that TRAC is a good choice of investment.
How high can Origintrail go?
The average price of Origintrail (TRAC) can possibly reach $0.394645 this year. Over the next 5 years, it is projected that Origintrail may surpass $1.83.
How much will Origintrail be worth in 5 years?
Based on the rising popularity of cryptocurrency and Origintrail, a long term investment in TRAC could see the price rise to $1.83 within the next 5 years.
How much will Origintrail be worth in 10 years?
If you invest in Origintrail today, as with any investment, a long term increase is expected. The price of TRAC could possibly rise to $3.58 within the next 10 years.
What will the Origintrail price be in 2024?
Origintrail (TRAC) price is expected to reach $0.704724 by 2024.
What will the Origintrail price be in 2025?
Origintrail (TRAC) price is expected to reach $0.986613 by 2025.
What will the Origintrail price be in 2026?
Origintrail (TRAC) price is expected to reach $1.27 by 2026.
What will the Origintrail price be in 2027?
Origintrail (TRAC) price is expected to reach $1.55 by 2027.
What will the Origintrail price be in 2028?
Origintrail (TRAC) price is expected to reach $1.83 by 2028.
What will the Origintrail price be in 2029?
Origintrail (TRAC) price is expected to reach $2.11 by 2029.
What will the Origintrail price be in 2030?
Origintrail (TRAC) price is expected to reach $2.40 by 2030.
What will the Origintrail price be in 2031?
Origintrail (TRAC) price is expected to reach $2.76 by 2031.