OriginTrail (TRAC) is a blockchain-based cryptocurrency that powers the OriginTrail Decentralized Knowledge Graph (DKG). OriginTrail aims to create a decentralized network where data can be organized, verified, and shared seamlessly across industries. The protocol was designed to enhance transparency and interoperability, particularly in supply chain management. TRAC acts as the native utility token, facilitating data integrity, accessibility, and incentivization within the OriginTrail ecosystem.
Applications Across Various Industries
Notably, OriginTrail’s applications extend beyond traditional blockchain use cases, allowing industries such as supply chain, healthcare, and manufacturing to ensure data authenticity and traceability. For example, companies can leverage the DKG to track products from origin to end-user, adding an extra layer of verification and trust for both businesses and consumers. The system supports diverse data standards, enabling companies to integrate their existing databases, and ensuring wide compatibility and adaptability across sectors.
TRAC’s Role and Potential
Moreover, TRAC is essential for transactions on the OriginTrail network, paying for data publication, verification, and retrieval. Users and companies earn TRAC tokens by providing data and running nodes, which helps secure the network. With an emphasis on supply chain transparency and industry collaboration, TRAC has garnered interest among companies seeking efficient, trustworthy data solutions.
As the demand for verifiable data rises globally, TRAC is positioned to benefit from this trend, potentially growing in value as its network adoption increases. The OriginTrail ecosystem remains highly promising for bridging blockchain with real-world data applications.
OriginTrail (TRAC) Technical Price Analysis
Notably, over the past 24 hours, TRAC saw a price increase of 7.92%, rising from a low of $0.7192 to a peak of around $0.83 before stabilizing near $0.78. The trading volume surged by nearly 80%, suggesting heightened interest and volatility. The price faced resistance near $0.83, indicating a potential short-term pullback. Support remains around $0.72, and if momentum sustains, a retest of $0.83 could be likely.
Similarly, over the past 7 days, TRAC has experienced a 12.45% rise, moving from a low of $0.68 to a high near $0.85. This upward trend shows strong support around $0.68, with resistance near $0.85. Volume spikes suggest increased buying interest, but the price retraced after each peak, indicating possible profit-taking. Currently stabilizing around $0.77, TRAC could retest support at $0.75 or approach resistance if momentum builds.
Furthermore, in the past month, TRAC surged by 100%, starting from around $0.48 and reaching a peak near $0.82. The price saw consistent upward momentum, supported by strong buying interest, with notable pullbacks providing consolidation zones around $0.60 and $0.70. After hitting resistance near $0.82, TRAC stabilized around $0.77. If buying pressure continues, it may retest $0.82, while support remains near $0.70.
OriginTrail 1-month price chart (Source: Coinmarketcap)
On the technical indicators side, TRAC is consolidating near the lower Bollinger Band, indicating reduced volatility. The price briefly touched the upper band, then retracted, showing a tendency to remain within the bands. With the bands narrowing, a breakout may occur if volume increases. Current resistance aligns with the midline at $0.78, while support lies around $0.77 at the lower band.
Additionally, the MACD line is slightly above the signal line, showing mild bullish momentum after a recent crossover. However, both lines remain close to the zero line, indicating weak momentum and limited direction. If the MACD gains upward momentum, it could signal a stronger bullish trend, but a downward crossover may lead to a short-term decline.
Hence, both Bollinger Bands and MACD suggest a consolidation phase for TRAC, with low volatility and uncertain direction. The proximity of the MACD lines to the zero line and the price movement near the lower Bollinger Band indicate limited momentum. A breakout in either indicator (Bollinger Bands widening or a decisive MACD crossover) could confirm a stronger directional trend.
TRAC 24hr Price chart (Source: Trading View)
OriginTrail (TRAC) Price Prediction
OriginTrail (TRAC) Price Prediction 2024-2030
Year | Potential low ($) | Average price ($) | Potential High ($) |
2024 | 0.4612 | 0.6854 | 0.7806 |
2025 | 0.8062 | 0.8369 | 0.9575 |
2026 | 1.14 | 1.18 | 1.39 |
2027 | 1.57 | 1.61 | 1.98 |
2028 | 2.19 | 2.26 | 2.67 |
2029 | 3,28 | 3.38 | 3,84 |
2030 | 4.69 | 4.86 | 5.71 |
OriginTrail Price Prediction 2024
As per the forecast price and technical analysis, In 2024 the price of OriginTrail is predicted to reach a minimum level of $0.4612. The TRAC price can reach a maximum level of $0.7806 with an average trading price of $0.6854.
OriginTrail Price Prediction 2025
The price of OriginTrail is predicted to reach a minimum level of $0.8062 in 2025. The OriginTrail price can reach a maximum level of $0.9575 with an average price of $0.8346 throughout 2025.
OriginTrail Price Prediction 2026
The price of OriginTrail is predicted to reach a minimum value of $1.14 in 2026. The OriginTrail price could reach a maximum value of $1.39 with the average trading price of $1.18 throughout 2026.
OriginTrail Price Prediction 2027
The price of 1 OriginTrail is expected to reach a minimum level of $1.57 in 2027. The TRAC price can reach a maximum level of $1.98 with the average price of $1.61 throughout 2027.
OriginTrail Price Prediction 2028
The price of OriginTrail is predicted to reach a minimum value of $2.19 in 2028. The OriginTrail price could reach a maximum value of $2.67 with the average trading price of $2.26 throughout 2028.
OriginTrail Price Prediction 2029
OriginTrail price is forecast to reach the lowest possible level of $3.28 in 2029. As per our findings, the TRAC price could reach the maximum possible level of $3.84 with an average forecast price of $3.38.
OriginTrail Price Prediction 2030
As per the forecast and technical analysis, In 2030 the price of OriginTrail is expected to reach a minimum price value of $4.69. The TRAC price can reach a maximum price value of $5.71 with an average value of $4.86.
OriginTrail Price Forecast FAQs
How high can OriginTrail go?
The average price of OriginTrail (TRAC) might go to $0.7806 by the end of this year. If we estimate the five-year plan, it is estimated that the coin will easily reach the $2.26 mark.
Is OriginTrail (TRAC) a good investment?
OriginTrail’s value is expected to continue to expand, as shortage tends to encourage price rises. Please note, that there is some risk to any investment. Just invest in what you can accomplish before coming to any conclusions and conduct the maximum research possible.
How much will OriginTrail be worth in 2030?
In terms of price, OriginTrail has an outstanding potential to reach new heights. It is forecast that TRAC will increase in value. According to specific experts and business analysts, OriginTrail can hit the highest price of $5.71 by 2030.
How much will OriginTrail be worth in 5 years?
In five years, OriginTrail will have a minimum price of $2.67 and a maximum price of $2.19 per TRAC. Since OriginTrail is traded on a supply-and-demand basis, its value fluctuates drastically.
What will be the TRAC highest forecast price for 2024?
The TRAC price is expected to reach a maximum level of $0.7806 at the end of 2024.
What is the future of OriginTrail?
The future of OriginTrail is highly dependent on the overall performance of the crypto industry. When it comes to investing in TRAC, you need to make sure that you are using the right strategy. In addition to its speculative nature, TRAC also offers exposure to global technology and an ever-growing ecosystem.
What is the OriginTrail price today?
Today OriginTrail (TRAC) is trading at $0.7765 with the market cap of $322.22M.
How much does OriginTrail cost in 2025?
The price of OriginTrail will increase as more investors get involved in the project. In 2025, OriginTrail will be worth about an average price of $0.8346.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.