The Graph Price Prediction 2024-2030: Will GRT Reach $10?

Key Takeaways:

  • Our GRT predictions anticipate a high of $0.45 by the end of 2024.
  • In 2025, it will range between $0.40 and $0.50, with an average price of $0.42.
  • In 2030, it will range between $2.43 and $2.93, with an average price of $13.45.

Owing to its decentralized nature, the Graph offers access to competitive and cost-efficient datasets. The network boasts a 99.99% uptime and 24/7 availability. Central to The Graph’s operations are Subgraphs these are APIs that organize and serve blockchain data to data consumers and developers.

The Graph has 100+ indexer nodes, 1.23 trillion served queries, and 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? We explore these questions and more in the following sections.

Overview

Cryptocurrency The Graph
Abbreviation GRT
Current Price $0.3106
Market Cap $2,945,119,552
Trading Volume $150,600,281
Circulating Supply 9,483,493,263
All-time High $2.88 on Feb 12, 2021
24-hour High $0.3145
24-hour Low $0.2946

The Graph Price Prediction: Technical Analysis

Metric Value
Volatility (30-day Variation) 6.81%
50-day SMA $0.2982
200-day SMA $0.2251
Sentiment Bullish
Fear & Greed Index 74 (Greed)
Green Days 11/30 (37%)

The Graph’s Price Analysis: GRT on Bullish Trajectory

TL: DR

  • Positive momentum is growing, complementing the latest bullish engulfing candle.
  • Intraday GRT trading is highly volatile.

GRT/USD 1-day Chart: Resistance at 50% Fibonacci Level

GRT broke above consolidation in the first quarter of 2024, rising from a low of $0.15 to $0.50 at its peak, a 300% gain. It has since registered high volatility and attempts to break above the 50 percentile Fibonacci in current areas, with the following price target at $0.3354. Positive momentum is growing, complementing the latest bullish engulfing candle.

GRT/USD 4-hour Chart: Head Shoulder Pattern

Intraday GRT trading has been highly volatile, forming a head-shoulder pattern over the last ten days. The right shoulder should close slightly above $0.26. Positive market momentum has slowed in the previous four hours, discrediting the last engulfing candle.

The Graph Technical Indicators

Daily Simple Moving Average

Period Value ($) Action
SMA 3 0.2959 BUY
SMA 5 0.2805 BUY
SMA 10 0.2804 BUY
SMA 21 0.2709 BUY
SMA 50 0.2982 BUY
SMA 100 0.3006 BUY
SMA 200 0.2251 BUY

Daily Exponential Moving Average

Period  Value ($) Action
EMA 3 0.2860 BUY
EMA 5 0.2820 BUY
EMA 10 0.2753 BUY
EMA 21 0.2771 BUY
EMA 50  0.2918 BUY
EMA 100 0.2794 BUY
EMA 200 0.2386 BUY

What can you expect from The Graph Price Analysis Next?

The technical indicators show a bullish current sentiment, while the Fear and Greed Index shows 74 (Greed). The Graph recorded 11/30 green days with 6.81% price volatility over the last 30 days. Based on the chart analysis, it’s a good time to buy GRT with the next target of $0.3353. However, it will remain volatile over the short term.

Is The Graph a Good Investment?

The Graph rivals many 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 bullish, with predictions pointing to further price growth.

Recent News/ Updates

  • The Graph Foundation launched a 4 million GRT Sunrise Upgrade Program, composed of creative technical and non-technical missions supporting The Graph’s Sunrise of Decentralized Data – a three-phased plan enabling all subgraphs to upgrade seamlessly to The Graph Network.

The Graph Price Prediction May 2024

GRT could break out higher from current levels. A break of resistance will result in a mini bull run, with the next target at $0.335. This month, it will average at $0.30 and drop to $0.25 at its lowest.

Month Potential Low ($) Potential Average ($) Potential High ($)
May $0.25 $0.30 $0.335

The Graph Price Prediction 2024

As the second half of 2024 unfolds, GRT’s development track continues to provide more value to its users. The technical indicators are bullish on GRT and anticipate trading between $0.24 and $0.45.

Year Potential Low ($) Potential Average ($) Potential High ($)
2024 0.24 0.38 0.45

The Graph Price Predictions 2025 – 2030

Year Potential Low ($) Potential Average ($) Potential High ($)
2025 $0.40 $0.42 $0.50
2026 $0.59 $0.61 $0.71
2027 $0.84 $0.87 $1.03
2028 $1.22 $1.27 $1.44
2029 $1.69 $1.75 $2.10
2030 $2.43 $2.50 $2.93

The Graph Price Prediction 2025

The Graph price forecast for 2025 sets the high at $0.5005. However, in the case of a market correction, the GRT price might rest at a minimum price of $0.4020, making an average of $0.4166.

The Graph Price Prediction 2026

The year 2026 will experience more bullish momentum. As per The Graph GRT price prediction, it will range between $0.5887 and $0.7065, with an average trading price of $0.6053.

The Graph GRT Price Prediction 2027

The Graph prediction climbs even higher into 2027. According to the prediction, it will range between $0.8047 and $1.03, with an average of $0.8709.

The Graph 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 can reach between a minimum of $1.22 and a maximum of $1.44, an average of $1.27.

The Graph Price Prediction 2029

According to the GRT coin Price Prediction 2029, GRT’s price could reach a maximum and minimum of $1.69 and $2.10, respectively, with a year-round average of $1.75.

The Graph Foundation’s ongoing efforts to secure more global partnerships and achieve wider adoption of its token will play a pivotal role in this anticipated price rise. 

The Graph Price Prediction 2030

The Graph forecast for 2030 suggests a price range of $2.45 and $2.93 and an average price of $2.50. This long-term optimistic view hinges on GRT’s increasing global recognition and adoption. The demand could surge as more users and systems incorporate the GRT token, increasing its value.

The Graph Market Price Prediction: Analysts GRT Price Forecast

Firm 2024 2025
Changelly $1.09 $0.50
DigitalCoinPrice $0.60 $0.71
CryptoPredictions $0.39 $0.44

Cryptopolitan’s GRT Price Predictions

GRT has been up 22% over the last 30 days and is showing signs of rising higher. At current levels, it remains volatile.

It will achieve a high of $0.45 in the second half of 2024. In 2025, it will range between $0.40 and $0.50, with an average of $0.42. 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 Jennis Pohlman launched The Graph on the Ethereum blockchain in 2018.
  • In June 2020, The Graph held a token sale that raised $5 million. Some participants included Multicoin Capital, Digital Currency Group (DCG), and DTC Capital.
  • The Graph held its GRT public sale in October 2020 and raised $12 million. Each token sold at $0.03. Its 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. The coin registered its all-time high at $2.88 on February 12, 2021.
  • In February 2022, venture capital firms, including DCG, Multicoin Capital, NGC Ventures, Reciprocal 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 2023, it fell below $0.2.
  • It started recovering in 2024, breaking above $0.2 at its highest, reaching $0.45.
GRT Historical Price Movements. Image Source: https://coinstats.app/coins/the-graph/


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