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- 1 The TRAC asset is showing bullish signs and the RSI is above the 50 level.
- 2 The TRAC crypto is strongly demonstrating a surge of 8.23% in the last 24 hours, trading at $0.5668.
OriginTrail is a platform that creates a trusted data foundation for artificial intelligence. It verifies the source of information and prevents misinformation, which is vital in the AI era.
OriginTrail crypto enables a Verifiable Web for decentralized AI by supporting world-class brands and builders. It uses its Decentralized Knowledge Graph to store and discover AI-ready Knowledge Assets, which are units of data with ownership, discoverability, and trust.
It also uses its OriginTrail Parachain, which is a key part of its infrastructure and will soon become NeuroWeb, to implement its technology with leading global customers and enterprises.
OriginTrail crypto is open-source and community-driven, with the core developers maintaining the open-source stack, such as node software, SDKs, blockchain modules, and visual libraries.
This encourages cooperation and innovation in the ecosystem. OriginTrail also has the Trace Alliance, a non-profit organization that brings together the OriginTrail ecosystem.
It has over 150 members worldwide and serves as a hub for knowledge exchange, networking, and adoption of various Decentralized Knowledge Graph topics.
OriginTrail crypto has received support and partnerships from world-class organizations such as British Standards Institution, SCAN, Polkadot, Parity, Walmart, World Federation of Hemophilia, Oracle, and the EU Commission’s Next Generation Internet.
These partnerships help advance OriginTrail’s trusted data foundation and its use in trillion-dollar industries. OriginTrail has its own token, TRAC, which is based on Ethereum and secures the OriginTrail network.
TRAC is used for Decentralized Knowledge Graph operations, such as publishing and updating Knowledge Assets, and providing collateral on OriginTrail nodes. TRAC enables trusted data exchange and rewards node operators for their work.
OriginTrail Crypto Price Is On The Rise, Can It Keep Up?
The OriginTrail crypto asset is expressing bullish characteristics and has the opportunity to surge further.
It has attained a remarkable performance in the past week by 11.82%, last month by 112.98% and 153.07% in the last three months, implying a consistent upward trend.
The TRAC crypto is strongly demonstrating a surge of 8.23% in the last 24 hours, trading at $0.5668.
The TRAC crypto is poised for a massive surge, as it prepares to blast through the barrier and soar to new levels from the current support zone.
However, if the demand for the TRAC Token remains high, the asset price could bounce back from the current level. The next goal for the TRAC price is to reach $0.6000.
But, if the TRAC crypto price fails and is unable to sustain above the $0.5000 level, it could slump further.
The OriginTrail crypto asset is displaying bullishness and rising tendency as it sustains above major trend EMA’s, reliant on the buyers’ surge.
The TRAC asset is showing bullish signs and the RSI is above the 50 level, indicating that the asset is still in a bullish zone and can go higher.
Summary
The OriginTrail crypto asset is expressing bullish characteristics and has the opportunity to surge further. It has attained a remarkable performance in the past week by 11.82%, in the past month by 112.98% and 153.07% in the last three months, implying a consistent upward trend.
Moreover, the TRAC crypto is poised for a massive surge, as it prepares to blast through the barrier and soar to new levels from the current support zone.
Technical Levels
Support Levels: $0.5000
Resistance Levels: $0.6000
Disclaimer
In this article, the views, and opinions stated by the author, or any people named are for informational purposes only, and they don’t establish the investment, financial, or any other advice. Trading or investing in cryptocurrency assets comes with a risk of financial loss.
With a background in journalism, Ritika Sharma has worked with many reputed media firms focusing on general news such as politics and crime. She joined The Coin Republic as a reporter for crypto, and found a great passion for cryptocurrency, Web3, NFTs and other digital assets. She spends a lot of time researching and delving deeper into these concepts around the clock, and is a strong advocate for women in STEM.
