Grt forecast

Answered at Oct 22, 2024

The Graph (GRT) Price Forecast: A Comprehensive Overview

The Graph (GRT) is a cryptocurrency that has garnered attention for its potential in the blockchain space. As we look into its future price predictions, it's essential to understand the various forecasts and analyses available. This report will provide a detailed yet easy-to-understand overview of GRT's price predictions from 2024 to 2029.

Current Market Snapshot

As of today, The Graph (GRT) is trading at $0.166371 with a market capitalization of $1,586,937,700. The 24-hour trading volume stands at $60,569,792, and it ranks #59 in market capitalization (source).

2024 Price Predictions

  • 3Commas predicts that GRT will reach a maximum price of $0.16763014 by the end of 2024 (source).
  • Koinx suggests a more optimistic outlook, with an average price of $0.270 and a potential maximum of $0.318 (source).

2025 to 2026 Outlook

  • 2025: Koinx forecasts a significant increase, with GRT potentially reaching a maximum of $0.403 and an average trading price of $0.342 (source).
  • 2026: The price could rise further, with predictions suggesting a high of $0.521 and an average price of $0.442 (source).

Long-Term Projections (2027-2029)

2027

  • LiteFinance and TradingBeasts both predict a modest increase, with a maximum price of $0.18816581 and an average of $0.17862375 (source).
  • Koinx offers a more bullish forecast, with a potential maximum of $0.774 and an average of $0.656 (source).

2028

  • The maximum price is projected to reach $1.006, with an average of $0.852 (source).

2029

  • Predictions suggest a maximum value of $1.296, with an average price of $1.098 (source).

Technical Analysis Insights

The technical analysis of GRT shows mixed signals:

  • Short-term: The 50-day moving average is rising, indicating a bullish trend.
  • Long-term: The 200-day moving average has been falling since late 2024, suggesting potential long-term weakness (source).

Conclusion

The Graph (GRT) shows potential for growth, with varying predictions from different sources. While some forecasts are conservative, others suggest significant price increases in the coming years. As always, these predictions are based on current data and trends, and actual market conditions may vary. Investors should consider these forecasts as part of a broader investment strategy and remain informed about market changes.