GLMR Price Analysis
About Moonbeam
Moonbeam is much more than just an EVM implementation: it’s a highly specialized Layer 1 chain that mirrors Ethereum’s Web3 RPC, accounts, keys, subscriptions, logs, and more. The Moonbeam platform extends the base Ethereum feature set with additional features such as on-chain governance, staking, and cross-chain integrations. Moonbeam combines the best of both worlds: the familiar and easy-to-use tooling of Ethereum and the scalable, interoperable architecture of Polkadot. Dive into the tools, integrations, and comprehensive tutorials to start using and building on Moonbeam.
Market Overview
Moonbeam is currently trading with a market cap of $69.94M, reflecting sustained investor interest despite broader market fluctuations. The circulating supply stands at 1011364877, which contributes to the asset's overall liquidity. Trading volume over the last day was $6.34M, supported by an average 24-hour turnover of $74.02K, hinting at active participation by market players. Sentiment metrics further highlight an atmosphere of optimism, with the Fear and Greed Index displaying a value of 63, classified as Greed. These conditions suggest a tilt towards risk appetite among the investing community at this time.
Technical Analysis
Moonbeam's trading activity demonstrates important signals for both momentum traders and longer-term investors. The current price is positioned above the short-term 7-day simple moving average, which is trending upward, suggesting recent bullish momentum. However, medium and long-term indicators like the 30, 90, and 200-day simple moving averages are all pointing downward, signifying overarching resistance and a prevailing bearish trend on broader timeframes. Short-term volatility is notable, though not excessive, making this period potentially attractive for those employing tactical strategies. Price dynamics over the past hour reflect a slight retracement, adding nuance to the intra-day outlook. Overall, while some short-term upward moves have occurred, prevailing longer-range trends remain cautious, calling for disciplined risk management.
Future Price Predictions
| Year | Year High | Year Low |
|---|---|---|
| 2026 | $0.12 | $0.045 |
| 2027 | $0.16 | $0.06 |
| 2028 | $0.22 | $0.08 |
| 2029 | $0.3 | $0.11 |
| 2030 | $0.42 | $0.16 |
Expert Prediction
Given the interplay between the upward-trending short-term indicators and the persistent downward movement on medium and long-term averages, Moonbeam is in a crossroads phase. A measured approach is recommended, as short-term traders might find opportunities in the current positive momentum, while long-term investors should be mindful of broader resistance levels. The combination of robust trading activity and prevailing market sentiment, marked by Greed, creates a unique landscape for both defensive and aggressive strategies. Analysts will be watching for potential inflection points that could solidify either a trend reversal or continuation going forward.
| Volume (24h) | $6.34M |
| Current Supply | 1.01B |
| Market Dominance | 0.00% |
| Circulating Supply | 1.01B |
| Volatility (24h) | 62.31% |
| Fear & Greed | 63 (Greed) |
Other Price Predictions
