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The Graph price prediction 2024-2030: Will GRT reach $10?

Key takeaways:

  • The Graph price prediction anticipates a high of $0.2638 by the end of 2024.
  • In 2027, it will range between $0.7381 and $0.8832, with an average price of $0.7588.
  • In 2030, it will range between $2.15 and $2.68, with an average price of $2.22.

The Graph offers access to competitive and cost-efficient decentralized data sets. 

The network boasts a 99.99% uptime and 24/7 availability. Central to The Graph’s operations are subgraphs, APIs that organize and serve blockchain data to data consumers and developers.

The Graph has over 100 indexer nodes, 1.23 trillion served queries, and over 70,000 hosted projects. The GRT token acts as an incentive mechanism for the Graph Network. It incentivizes network participants to provide data to end users and organize it effectively.

So, how high will GRT go? Is it a good investment? What will be its price in 2025? The following sections explore these questions and more.

Overview

CryptocurrencyThe Graph
TickerGRT
Current price$0.1613
Market cap$1,537,867,309
Trading volume$28,363,757
Circulating supply9,548,531,509 GRT
All-time high$2.88 on Feb 12, 2021
24-hour high$0.1616
24-hour low$0.1545

The Graph price prediction: Technical analysis

MetricValue
Volatility (30-day variation)12.07%
50-day SMA$ 0.156225
200-day SMA$ 0.229641
Fear and greed index41 (Fear)
Green days17/30 (57%)
SentimentNeutral

The Graph price analysis: Cryptocurrency rises to a high of $0.1613

Key takeaways:

  • The Graph price analysis confirms an upward trend at $0.1613.
  • Cryptocurrency has gained up to 0.03% of its value during the day.
  • GRT coin prices are seeking resistance around $0.1964 high.

On October 6, 2024, The Graph price analysis revealed a bullish trend. It advanced to $0.1613 during the day as the bullish momentum rose. Overall, the cryptocurrency has gained 0.03% of its value. This creates a favorable scenario for buyers, as the buying activity is intensifies.

The Graph 1-day chart analysis

The 1-day price analysis of The Graph revealed a bullish trend. It rose to $0.1613 in the last 24-hours. The market sentiment reflects a bullish scenario as well. As the volatility is declining, there are lower chances of a reversal in the market events.

The distance between the Bollinger bands defines market volatility. As this gap is currently closing up, it signifies decreasing volatility. Moreover, the upper limit of the Bollinger bands indicator, acting as the resistance band, is at $0.1964. Whereas, the lower limit of the Bollinger bands indicator, serving as support, is at $0.1381. 

GRT/USD price chart. Image source: TradingView

The Relative Strength Index (RSI) indicator is in within the neutral region. Currently, its value is 49.45, and moving upward, this signifies a bullish market. The ascending curve on the RSI graph marks a rising buying pressure. If the buying activities continue to dominate the selling activities, further rise in RSI value is expected.

The Graph 4-hour chart analysis

The four-hour price analysis of The Graph coin presents a highly bullish scenario. The coin value has rose to $0.1613 in the last four hours. The bulls led throughout the day, earning substantial recovery for the currency. 

The Bollinger bands are expanding, resulting in a rising volatility. This increase in volatility refers to a higher market unpredictability. Moving ahead, the upper Bollinger band is now at $0.1613, indicating the resistance point. Whereby, the lower Bollinger band is present at $0.1510, securing the support.

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GRT/USD price chart. Image source: TradingView

The RSI indicator is situated within the neutral region. Currently at 51.43, and still moving upward, this indicates a bullish trend. The price movement remained on the increasing side today, leading to sufficient improvement in the RSI. The ascending curve on the RSI marks a balanced trading environment, and a positive market sentiment.

The Graph technical analysis: Levels and action

Daily simple moving average (SMA)

PeriodValue ($)Action
SMA 3 0.14938BUY
SMA 5 0.159438BUY
SMA 10 0.173888SELL
SMA 21 0.167652SELL
SMA 50 0.156225BUY
SMA 100 0.170797SELL
SMA 200 0.229641SELL

Daily exponential moving average (EMA)

PeriodValue ($)Action
EMA 3 0.162074SELL
EMA 5 0.156877BUY
EMA 10 0.151433BUY
EMA 21 0.152984BUY
EMA 50 0.172371SELL
EMA 100 0.201025SELL
EMA 200 0.216742SELL

Is The Graph a good investment?

The Graph rivals some Web2 data oracles for its efficiency and low costs. GRT, its native token, however, remains a victim of general market dynamics and high volatility. The current sentiment is bearish, with predictions pointing to higher price growth.

What can we expect from GRT price analysis next?

The Graph price analysis for the day confirms a bullish prediction. Coin value has increased up to $0.1613 high during the day as the bullish pressure is on the rise. Side by side, the currency has gained an overall recovery up to 0.03%. The buying activities have resumed once again as reflected from the one-day price chart. Technical indicators are giving out a negative verdict, however, the price charts continue to support the bulls.

Why is GRT up?

The Graph has returned to the highest trading levels of this year, the crypto market capitalization is also at its highest. The increase in the Graph’s value could be attributed to the general bullish market sentiment. However, the past few weeks proved to support the bears, as the selling pressure remained substantially high.

Will GRT recover?

The Graph is recovering this month, and the current resistance could be crucial to sending GRT to previous highs.

Will GRT reach $1?

Yes, GRT should rise above $1 in 2027. In that year the price will range between $0.8744 and $1.03.

WIll GRT reach $10?

According to the Cryptopolitan price prediction, it remains unlikely that GRT will get to $10 before 2030.

WIll GRT reach $100?

Per the Cryptopolitan price prediction, it remains highly unlikely that GRT will get to $100 before 2030.

Does GRT have a good long-term future?

Per the Cryptopolitan price predictions, GRT is set to trade higher in years to come. However factors like market crashes or difficult regulations could invalidate the bullish theory.

Recent news/ opinions

  • The Graph Network said in a post that it received a major upgrade with the release of TAP (timeline Aggregation Protocol). This will alow for more scalability and decentralization and improve payments for indexes.
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  • The Graph Network said users can increase the efficiency of their subgraphs and decentralized apps’ performance with a new feature that helps reduce excess queries at low activity times.

The Graph price prediction October 2024

A break above resistance is critical to ending The Graph’s bear run this month. The price will range between $0.1321 and $0.1985 and average at $0.1653.

MonthPotential low ($)Potential average ($)Potential high ($)
October0.13210.16530.1985

GRT price prediction 2024

As the third quarter of 2024 unfolds, GRT will likely recover to previous highs. The coin will trade between $0.2409 and $0.2638. The average price will be $0.2522

YearPotential low ($)Potential average ($)Potential high ($)
20240.24090.25220.2638

GRT price prediction 2025-2030

YearPotential low ($)Potential average ($)Potential high ($)
20250.34340.35600.4256
20260.50300.51720.5930
20270.73810.75880.8832
20281.031.071.25
20291.501.561.78
20302.152.222.68

The Graph price prediction 2025

The Graph price forecast for 2025 sets the high at $0.4256. However, in the case of a market correction, the GRT price will rest at a minimum of $0.3434 and an average of $0.3560.

The Graph price prediction 2026

The year 2026 will experience more bullish momentum. As per the Graph GRT price prediction, it will range between $0.5030 and $0.5930, with an average trading price of $0.5172.

The Graph price prediction 2027

The Graph prediction climbs even higher into 2027. According to the prediction, it will range between $0.7381 and $0.8832, with an average price of $0.7588.

The Graph GRT price prediction 2028

The analysis suggests a further acceleration in GRT’s growth by 2028. As per the GRT price prediction, the price of The Graph will range between $1.03 and $1.25, with an average of $1.07.

The Graph price prediction 2029

According to the GRT price prediction for 2029, GRT’s price will reach a maximum and minimum of $1.50 and $1.78, respectively, with a year-round average of $1.56.

GRT price prediction 2030

The Graph for 2030 suggests a price range of $2.15 and $2.68 and an average price of $2.22. This long-term prediction hinges on GRT’s rising global adoption and recognition. Demand surges as more users and systems incorporate the GRT token, increasing its value.

The Graph Market price prediction: Aalysts GRT price forecast

Platform 202420252026
Digitalcoinprice$0.38$0.45$0.67
Changelly$0.41$0.39$0.57
Gate.io$0.26$0.28$0.29

Cryptopolitan’s GRT price prediction

Our predictions show that GRT will achieve a high of $0.2811 in the second half of 2024. In 2025, it will range between $0.3598 and $0.4261, with an average of $0.3702. In 2030, it will range between $2.38 and $2.81, with an average price of $2.47. Note the predictions are not investment advice. Seek independent professional consultation or do your own research.

The Graph historic price sentiment

  • Yaniv Tal, Brandon Ramirez, and Jennus Pohlman launched The Gaph on the Ethereum blockchain in 2018.
  • In June 2020, The GRaph held its private token sale, raising $5 million. Some participants included Multicoin Capital, Digital Currency Group, and DTC Capital.
  • The public sale, which took place in October 2020, raised $12 million. Each token sold for $0.03. The mainnet launched in December 2020.
  • In January 2021, another sale led by Tiger Global Management raised $50 million.
  • Looking back, GRT had its best performance in 2021, when it registered its all-time high at $2.88 on February 12, 2021.
  • In Feb 2022, venture capital firms DCG, Milticoin Capital, NGC ventures, Gumi Cryptos Capital, and Hashkey announced the launch of a $205 million ecosystem fund, The Graph Protocol.
  • In preceding years, GRT consistently traded below $0.7. In 203, it fell below $0.2 as per historical data.
  • GRT started recovering in 2024, breaking above $0.4 at its highest, reaching $0.45 in March. It later corrected, and in July, it fell below $0.20. 
  • At the start of August 2024, GRT/USD dipped to $0.1280 but it spiked up to $0.1767 by August 24, before dipping once again to $0.1300 level in September.
  • In October 2024, GRT is trading near $0.1580 range.

FAQs

Is the Graph (GRT) an ERC-20 cryptocurrency?

Yes, GRT is an ERC-20 cryptocurrency that runs on the Ethereum network.

Where are GRT tokens traded?

GRT can be traded on a variety of exchanges, such as Binance, Coinbase Pro, Kraken, KuCoin, and Huobi Global. If, after buying GRT, you wish to HODL it for extended periods, cold storage or offline hardware wallets will come in handy. Hardware wallets ensure that your crypto holdings are not susceptible to online threats; the Ledger Nano X or Ledger Nano S wallets both support GRT. The EU, the United Kingdom, and other countries have supported the Graph project. Thus, more traders will be able to take part in and benefit from GRT trading.

Will GRT surpass its current ATH?

The Graph's all-time high is $2.84. This ATH was reached on February 11th, 2021. According to our on-chain analysis, this may be surpassed by 2030.

Is the Graph Network Token (GRT) a good investment?

GRT is considered one of the top-rising cryptocurrencies this year. Also, along with the recorded achievements of GRT in the past few months, we can say that GRT is indeed potentially good crypto to invest in this year.

The Graph (GRT) offers solutions to real-life data querying problems on the blockchain. It has continued to gain massive traction in the DeFi space while also engaging in new partnerships and upgrading its offerings. Also, the Graph issues reward to participants on the network using its utility - GRT. 

Is The Graph legit or scam?

With the rising level of memes, hit-and-run schemes, and projects in the cryptocurrency ecosystem, it has become essential to question the validity of a utility or token. The legitimacy of a cryptocurrency or project, in general, is tied to its road map, real-world use cases, demand & supply, and level of adoption.

Can GRT be mined?

GRT cannot be mined, and the system leverages the Proof-of-Stake consensus algorithm.

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Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

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