Key takeaways
OriginTrail is a multi-chain protocol for organizations, institutions, and other blockchains to share information safely in a fully decentralized and traceable environment. The OriginTrail blockchain is built on a collection of synchronized and decentralized nodes that make it easy to hold and share data.
The founding team of the blockchain noted a fundamental problem facing the supply chain. For instance, hundreds of objects, equipment, or furniture exist in your house or workplace.
You might not know where most came from, which profoundly reflects the problems of traditional supply chains. OriginTrail’s role is to provide a working solution for creating transparency across supply chains and logistics.
TRAC, or Trace token, is the currency used to facilitate trade between supply chain data producers, consumers, and OriginTrail node owners.
If you’re considering TRAC for your crypto portfolio, look at our TRAC Price Prediction, which anticipates more positive outcomes from these transformations.
As the “world’s first Decentralized Knowledge Graph️,” what could be the future for its native token TRAC? Think about organizing, discovering, and verifying anything – from physical to digital assets like supply chain items to Art, Diplomas, Certificates, NFTs, DeFi, etc.
Cryptocurrency | Original Trail |
Token | TRAC |
Price | $0.533 |
Market Cap | $210,899,268 |
Trading Volume | $2,732,289 |
Circulating Supply | 406,924,832 TRAC |
All-time High | $3.50 Nov 03, 2021 |
All-time Low | $0.003853 Mar 13, 2020 |
24-hour High | $0.5422 |
24-hour Low | $0.518 |
Metric | Value |
Volatility | 14.13% |
50-Day SMA | 0.65499 |
200-Day SMA | 0.867426 |
Sentiment | Neutral |
Fear & Greed | 25 (Extreme Fear) |
Green Days | 12/30 (40%) |
TL;DR Breakdown
On August 17, 2024, Origintrail price analysis revealed a downward trend for the cryptocurrency. It dropped to a low of $0.533 after a prolonged period of ascent. The cryptocurrency has lost up to 3.99% of its value in the past 24 hours. Moreover, the overall market sentiment remains negative, as the bears are coming forward to take advantage of favorable conditions.
The 1-day price chart for Origintrail confirms a declining trend. Currently trading at $0.533, the cryptocurrency has lost up to 3.99% of its value. Although a strong bullish tide enveloped the market in the past week, the circumstances have shifted today. There are low chances of reversal, as the volatility is receding and the market sentiment remains bearish.
The gap between the upper and lower extremes of the Bollinger bands indicator determines volatility. As the bands continue to converge, this signals decreasing market volatility. The upper limit of the Bollinger bands indicator, the resistance band, is $0.696, whereas its lower limit, serving as support, is $0.421.
The Relative Strength Index (RSI) indicator is within the neutral region. Its value is 43.31 and still moving downward, which indicates a bearish trend. The descending curve on the RSI graph confirms a continual downside during the day. This downward movement confirms that selling activities are dominating over buying activities.
The four-hour price analysis of Origintrail indicates a bullish trend. The upward movement has recovered the coin value above $0.533. However, considering the previous downside, the coin value is still below the moving average value. Despite this increase, the overall market sentiment remains bearish.
Volatility is deteriorating, which signals higher market predictability. Moving ahead, the upper side of the Bollinger bands indicator is at a high of $0.556, securing the resistance point. Conversely, the lower side of the Bollinger bands indicator is present at $0.502, confirming stable support.
The RSI indicator resides within the neutral region at 52.46. The RSI curve is heading upward, indicative of a bullish trend. As the RSI value advances, upcoming stability in the trading atmosphere can be expected. The bulls secured a swift comeback in the last four hours, leading to a sufficient boost in TRAC/USD value.
Period | Value ($) | Action |
SMA 3 | 0.517238 | BUY |
SMA 5 | 0.519453 | BUY |
SMA 10 | 0.52124 | BUY |
SMA 21 | 0.597005 | SELL |
SMA 50 | 0.65499 | SELL |
SMA 100 | 0.743676 | SELL |
SMA 200 | 0.867426 | SELL |
Period | Value | Action |
EMA 3 | 0.508659 | BUY |
EMA 5 | 0.514366 | BUY |
EMA 10 | 0.536042 | SELL |
EMA 21 | 0.580441 | SELL |
EMA 50 | 0.648939 | SELL |
EMA 100 | 0.721961 | SELL |
EMA 200 | 0.743891 | SELL |
Origintrail’s price analysis for the day confirms a downward swing for the cryptocurrency over the determined period. As a result of the latest downturn, its value has fallen below the $0.533 mark. Low chances of reversal can be observed due to decreasing volatility. Technical indicators and price charts continue to favor cryptocurrency sellers. However, the four-hour price analysis confirms an upturn following the latest bullish strike.
Investing in OriginalTrail necessitates an evaluation of its market and its emphasis on adaptability. In contrast to numerous other projects in the same field, Origintrail is currently being utilized by several significant companies worldwide. Home Depot, Walmart, and Target are the companies that have agreed to use its supply chain and auditing services. In addition, the company signed an agreement to integrate its factory audit verification technologies with the US Department of Homeland Security. Earnings from TRAC require long-term investment decisions, whether holding or trading, but in this dynamic market, risk management is primarily achieved through diversification and keeping abreast of developments. However, it is expected that TRAC/USD will reach $7.53 by 2030.
The TRAC/USD crypto pair price has devalued today as the selling influx abruptly took over the market, devaluing the price to $0.533. The bulls are targeting the resistance of $0.6968 next, but overall, the coin’s value has decreased significantly over the past week, especially since the July 4 depreciation negatively impacted the coin’s value.
Yes, TRAC should rise above $1 in 2025. Its price will range between $1.35 and $1.54 after that in 2026.
Yes, TRAC should rise above $5 in 2030. Its price will range between $5.97 and $7.53 during that period.
Per the Cryptopolitan price prediction, OriginalTrail (TRAC) prices are unlikely to reach $10 before 2030.
According to Cryptopolitan price predictions, Origintrail TRAC will trade higher in years to come. However, factors like market crashes or difficult regulations could invalidate this bullish theory.
TRAC token may rise this month and is projected to touch a maximum price of $0.6988. According to the technical analysis, TRAC’s price might go as low as $0.4207, with an average price of $0.5598.
Month | Potential low ($) | Potential average ($) | Potential high ($) |
August | 0.4207 | 0.5598 | 0.6988 |
TRAC token may skyrocket in the near future and is projected to touch a maximum price of $0.6901. According to our technical analysis, TRAC’s price might consolidate and record a low of $0.6172, with an average price of $0.6388.
Year | Potential low ($) | Potential average ($) | Potential high ($) |
2024 | 0.6172 | 0.6388 | 0.6901 |
Year | Minimum ($) | Average ($) | Maximum ($) |
2025 | 0.9027 | 0.9282 | 1.07 |
2026 | 1.35 | 1.39 | 1.54 |
2027 | 1.94 | 2.00 | 2.32 |
2028 | 3.03 | 3.11 | 3.43 |
2029 | 4.30 | 4.43 | 5.26 |
2030 | 5.97 | 6.19 | 7.53 |
In 2025, the maximum trading price of the OriginTrail token will be $1.07. The average price is expected to be around $0.9282. TRAC’s price can touch the bottom at $0.9027.
The Trac (Ordinals) price is forecast to reach its lowest possible level of $1.35 in 2026. According to the findings, the TRAC price could reach a maximum possible level of $1.54, with an average forecast price of $1.39.
The Trac (Ordinals) price is forecast to reach its lowest possible level of $1.94 in 2027. According to the findings, the TRAC price could reach a maximum possible level of $2.32, with an average forecast price of $2.00.
TRAC is expected to reach a maximum level of $3.43, with an average trading price of $3.11. However, our technical analysis reveals that TRAC may reach a minimum of $3.03.
Our OriginTrail price prediction states that TRAC’s price is anticipated to hit a maximum of $5.26. The average price of the TRAC coin is predicted to be $4.43, with a minimum price of $4.30.
In 2030, the OriginTrail token price is expected to witness a massive price jump. Its maximum value will be around $7.53, with an average trading price of $6.19. TRAC may touch a minimum value of $5.97.
Platform | 2024 | 2025 |
Digitalcoinprice | $1.10 | $1.32 |
Coincodex | $ 0.44558 | $ 1.398433 |
At current levels, TRAC presents the potential to be bullish. According to our predictions, TRAC could achieve a high of $0.6901 in the second half of 2024. In 2025, it’s expected to maintain a trading range of $0.9027 – $1.07, with an average of $0.9282. Note the predictions are not investment advice. Seek independent professional consultation or do your research.