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The bullish GRASS price forecast ranges from $1.53 up to $4.02.
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According to an analysis, the GRASS could also reach $4.02 by 2024.
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GRASS has predicted a bearish market price of $0.6415 for 2024.
As Solana surges past the $180 resistance, excitement spreads throughout its ecosystem where tokens are seeing double-digit gains. One name stands out, however: Project Grass is a new Solana-based DePIN that was launched on October 28. It is making waves, and at the forefront of this is GRASS. This token has captured the attention of the market with a record for green days and zero volatility over the past week.
GRASS is the focus of attention, with the Fear & Greed Index indicating a strong “Greed”, at 69, and technical indicators in a “Neutral” state. Could this be the perfect time to join the trend and make it your own? As November unfolds GRASS could lead the Solana rally and position itself as a defining factor in the ecosystem. Is now the time to invest in GRASS? Find out in this Coin Edition Price Prediction article.
Table of Contents
What is Grass?
What is Grass?
Imagine earning passive income by sharing unused bandwidth on the internet while contributing to a transparent and ethical AI ecosystem. Grass Network is a decentralized platform based on Solana, which empowers individuals to monetize idle internet resources.
Instead of companies exploiting bandwidth, Grass allows you to turn that into earnings by offering rewards via Grass Points and token airdrops. There are also staking opportunities. By running the Grass application, your device is transformed into a node that securely gathers public web data. This data is anonymized and structured for AI models.
Grass’s unique zero-knowledge processor (ZK) ensures data integrity by tracing the source of every dataset to prevent AI bias. This ensures transparency and prevents AI bias. Grass’s privacy-first architecture, regular security audits and robust architecture are setting new standards for decentralized data handling.
GRASS Current market status
GRASS Current market status
GRASS has seen a massive increase in the past seven days, as shown by its sharp upward trend. From a low of $0.6415, on October 28, the price rose steadily to a high of $1.94, on November 2. This represents a weekly increase of 140.79%.
Despite the defined uptick in the cryptocurrency, it has shown some volatility. This led to a drop of 20.47% towards the $1.53 threshold. GRASS is volatile on a daily basis, but overall it shows a strong upwards trend. GRASS was trading at $1.53 as of press time. This represents a 15.41% rise in the last 24 hour period. It fluctuated between a low price of $1.31 to a high price of $1.81.
The token’s intraday trading volume is $318.14m, indicating high liquidity. Its volume-to-market-cap ratio of 84.81% reflects this. GRASS’s price has fallen from its daily peak of $1.81, indicating that short-term traders are taking profits.
Zooming in, the hourly chart shows volatility. The current resistance is around $1.70, and the support is at $1.31. This could indicate a possible phase of consolidation. The token’s recent performance, and the high trading volume, indicate a robust market interest. The price fluctuations over shorter time frames indicate continued speculation and the potential for further growth.
Grass Price Analysis
Grass Price Analysis
GRASS, with a self-reporting supply of 243.91 out of 1 billion GRASS Tokens, has plenty of room for expansion. This opens the door for future growth. In this section of Coin Edition, we dive into GRASS’s analysis of its price, using real-time data, key market indicators, and current trends to examine the current trends and explore possible price pathways.
Grass (GRASS) Price Analysis – Bollinger Bands
Grass (GRASS) Price Analysis – Bollinger Bands
The Bollinger Bands on the 4-hour chart for GRASS show volatility. The price is currently around $1.63 and approaching the upper band of $1.92. This upper band is often a sign of an overbought area, suggesting a possible correction or consolidation.
The middle line or SMA is around $1.49. This is close to the Fibonacci level of 61.8% and could be used as a support in case a pullback happens. The lower band, at $1.06, indicates strong support within a range of high volatility.
If GRASS maintains its momentum above the SMA it could retest highs. However, resistance near $1.94 previously triggered retracements signaling caution to bullish traders.
Grass Price Analysis – Relative strength Index
Grass Price Analysis – Relative strength Index
GRASS’s 4-hour RSI currently stands at 58.26. This suggests moderate bullish momentum, but without reaching overbought conditions. On the RSI (0-100) scale, readings above 70 indicate overbought conditions while readings below 30 indicate oversold.
GRASS’s RSI is positioned in a neutral or mildly bullish area, suggesting that there is room for upward movement before hitting resistance. If the RSI climbs close to 70, traders may be looking for signs of a pullback.
A downward trend in RSI can indicate a weakened momentum and a possible price retracement phase or stabilization.
Grass Price Analysis – Moving average convergence divergence
Grass Price Analysis – Moving average convergence divergence
The MACD for GRASS shows a bearish trend, with the MACD at 0.13883 falling beneath the signal line of 0.15316. This indicates a possible downward pressure or a weakening of bullish momentum.
The red bars of the MACD histogram highlight the bearish sentiment, as the gap between MACD and the signal lines increases. The MACD histogram, which is still in negative territory reflects a lack upward momentum.
Traders who are looking for a trend reversal can look for the MACD to cross above the signal line. This would indicate a possible shift to bullish momentum during the next sessions.
Grass Price Prediction 2024
Grass Price Prediction 2024
The Directional Movement Index (4-hour DMI) for GRASS shows a strong bullish trend. The Average Directional Index is at 41.84. This high value indicates a strong trend. The +DI is comfortably above the –DI at 18.8442. This means that bullish pressure currently outweighs negative pressure.
The gap between the +DI/-DI and high ADX indicates that the upward momentum of GRASS is likely to continue until there is a change in these indicators. Traders may view this as a sign of sustained bullish activity over the short-term.
Due to these market conditions, it is expected that the GRASS token will reach a peak of around $4.02 by the end the year. A shift in sentiment towards the bearish side may result in a possible pullback in price. It could find support around its all-time high of $0.6415.
Grass Price Prediction for 2025
Grass Price Prediction for 2025
According to Coin Edition’s projections GRASS could reach a peak of $7.25. This is due to the momentum generated by the halving of BTC after 2024. Market corrections could bring it down to $3.80 due to economic volatility and profit taking.
Grass Price Prediction for 2026
Grass Price Prediction for 2026
As BTC’s effects of halving diminish, GRASS could see a lower high at $6.10 amid bullish expectations but could fall deeper levels. Coin Edition says that due to cyclical adjustments and diminishing hype, GRASS could find support at $1.20.
Grass Price Prediction for 2027
Grass Price Prediction for 2027
Coin Edition predicts GRASS will rise to $10.80 as investors wait for the 2028 BTC half-division. GRASS could fall to $4.10 if global economic shifts occur, highlighting investor caution.
Grass Price Prediction for 2028
Grass Price Prediction for 2028
Coin Edition predicts that GRASS could reach $15.30, as the BTC half-doubling cycle revitalises markets. Yet, volatility could bring the price as low as $6.50 in bearish phases.
Grass Price Prediction 2029
Grass Price Prediction 2029
Coin Edition predicts GRASS could reach $22.70 due to widespread adoption and strong community support. GRASS could fall to $12.05.
Grass Price Prediction for 2030
Grass Price Prediction for 2030
Coin Edition believes GRASS could reach $30.40 due to mature market conditions and increasing user adoption. During periods of consolidation, the price could drop to around $18.30. This would balance market corrections with demand.
Grass Price Prediction 2040
Grass Price Prediction 2040
Coin Edition predicts that GRASS could reach $80.98 in the long run, driven by technological adoption. It could drop to $39.87, as macroeconomic factors affect market stability and investor confidence.
FAQs
FAQs
What is grass (GRASS), and what does it do?
Grass is a Solana based token that empowers users to monetize internet bandwidth. It fosters a decentralized and ethical AI ecosystem by leveraging data sharing, rewards and privacy-first architecture.
How can I buy Grass?
You can purchase Grass (GRASS), on major cryptocurrency exchanges which list the token. To ensure compatibility with Solana-based coins, make sure the exchange supports them.
Is grass (GRASS), a good investment or not?
Grass has a high growth potential in the Solana ecosystem, driven by its unique features and community interest. It is subject to market volatility so you should assess your risk tolerance before investing.
What is the Grass’ (GRASS’) all-time height?
The highest price of Grass ever reached $1.94 in November 2023.
What is grass circulating supply?
Grass’s self-reported supply of GRASS tokens is approximately 243.91 millions out of a total 1 billion.
Will Grass (GRASS), surpass its current ATH?
If bullish momentum continues, the prediction is that future highs could reach $4.02 by 2024.
What is the lowest price of Grass (GRASS?
Grass (GRASS), the grass product, reached a record low of $0.6415 per pound on October 28, 2023.
Who is the founder and owner of Grass?
Andrej Radonjic founded Grass, with Chris Nguyen as Chief Technology Officer (CTO).
What year was Grass launched?
Launched on October 28, 2024, Grass is a new grass-based game.
How do I store grass (GRASS?
To manage tokens securely, store Grass (GRASS), in a Solana wallet compatible with Phantom or Solflare.
What will the price of Grass be in 2024?
Market dynamics could influence the possible fluctuations in Grass prices (GRASS).
What will the price of Grass be in 2025?
Grass (GRASS), boosted by the halving of BTC after 2024, could reach $7.25. Corrections, however, could bring it down to $3.80.
What will the price of Grass be in 2026?
The price of GRASS token may stabilize at $6.10 with support at $1.20 in the wake of market adjustments following BTC’s halving.
What will the price of Grass be in 2027?
Grass (GRASS), driven by optimism in anticipation of the 2028 BTC half-division, could reach $10.80. Support may be found at $4.10.
What will the price of Grass be in 2028?
Grass (GRASS), which could reach a peak of $15.30 in the future, may fall to $6.50 if bearish trends continue.
What will the price of Grass be in 2029?
Grass (GRASS), supported by the growth of the community, may reach $22,70, but economic factors could cause it to drop to $12.05.
What will the price of Grass be in 2030?
As adoption increases, Grass could reach $30.40. During market corrections, it is possible that the price of Grass will be near $18.30.
What will the price of Grass be in 2040?
The price of Grass (GRASS), driven by technological advances, may reach $80.98, but could drop to $39.87 because of macroeconomic influences.
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