BTC$60 907.24


ETH$3 249.66




Binance Coin




USD Coin


GRIN: Good Fundamentals - Weak Price Action

April 2020

Grin is undoubtedly one of the most elegant options for all those who strongly value anonymity and the absence of any kind of restrictions when it comes to monetary transactions. It utilizes the innovative Mimblewimble blockchain protocol that is said to meliorate the privacy and scalability of the corresponding network. But while this coin possesses genuinely innovative fundamentals, it’s prowess in terms of gains and the overall price action leaves much to be desired.

All-time Grin price chart

As you can see on this chart, GRIN was at its best at the time of the exchange listing, which happened in January of 2019. Right of the bat, the coin had shot up to the all-time high at $12 and then slid downhill equally fast. Its competitors include the other two well-known privacy coins: ZCash and Monero, which have different technical characteristics but belong to the same class of coins, nonetheless. However, this comparative chart shows that GRIN is inferior to ZEC and XMR when it comes to long-term gains.

3-months GRIN/ZEC/XMR comparison chart

In the last twelve months of its existence, the value of Grin has lowered by 83%, with 60% accounting for this month alone, though we certainly should take into account that current disastrous situation on all markets. All in all, GRIN is definitely more suitable for occasional anonymous transactions, but the holders may as well trade it for some profit.     

Going deeper underground

Like all other cryptocurrencies, GRIN had experienced a devastating blow that sent the price to the all-time low at $0.3, recorded on March 13. But unlike other coins, which saw their gains made during the short-lived uptrend of January/February wiped out by the crash, Grin had lost its four days before the downfall even occurred, which must have left only the devotees holding this currency.

1-day GRIN/USD chart

This is probably one of the reasons why the coin has performed an unimpressive recovery, having regained only 35% since the all-time low. Right now, GRIN is trading in the range, just like the rest of the market, and shows little to no prerequisites for the significant swing to the upside. MACD might have formed the bullish crossover, but it is presently swimming way too deep below zero - therefore, this potential move could be regarded as insignificant. Grin’s current trading volume profile is mainly bearish, whereas the brief flashes of buying activity resulted in absolutely insignificant green daily candles that did nothing except for keeping the coin in the $0.37 - $0.54 range.

Therefore, even the period of bullish action - which rarely lasts more than a day in these market conditions - would lift the 135th currency only to the top of the consolidation channel but not higher. Interestingly, the average trading volume of GRIN didn’t experience any abrupt changes over the course of last month, ranging from $20 million to $40 million. This is a good sign since it shows that traders aren’t abandoning the currency even in times of crisis, but, on the other hand, it means that one shouldn’t expect any sudden injections of liquidity that might have helped the coin climb outside the trading range and a bit closer to the 50-period moving average, which has traditionally served as a point of attraction for GRIN.

Author: Alex Paulson for


Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 72.4% 48 $60 907.24 2.74% 7.95% $1 201 110 545 769 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 77.6% 46 $3 249.66 1.95% 10.59% $390 660 724 581 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 92.8% 1 $1.000483 0.01% 0.06% $112 521 291 389 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 74.8% 48 $545.47 2.44% 10.66% $80 502 405 442 BNB 7 days price change
5 Solana (SOL) SOL Solana predictions 83.6% 25 $147.48 3.98% 10.54% $68 439 891 003 SOL 7 days price change
6 USD Coin (USDC) USDC USD Coin predictions 95.2% 1 $1.000054 -0.01% 0.01% $33 955 441 106 USDC 7 days price change
7 XRP (XRP) XRP XRP predictions 82.4% 29 $0.529085 0.59% 25.61% $29 525 795 272 XRP 7 days price change
8 Toncoin (TON) TON Toncoin predictions 82% 27 $7.39 1.21% 3.73% $18 514 454 508 TON 7 days price change
9 Dogecoin (DOGE) DOGE Dogecoin predictions 73.6% 54 $0.115147 2.08% 10.19% $16 709 822 671 DOGE 7 days price change
10 Cardano (ADA) ADA Cardano predictions 78.8% 36 $0.433919 -1.12% 24.20% $15 569 472 122 ADA 7 days price change
11 TRON (TRX) TRX TRON predictions 80.8% 37 $0.137615 -1.83% 10.19% $11 989 577 434 TRX 7 days price change
12 Avalanche (AVAX) AVAX Avalanche predictions 74.4% 48 $26.45 1.86% 2.73% $10 436 162 041 AVAX 7 days price change
13 SHIBA INU (SHIB) SHIB SHIBA INU predictions 74.4% 42 $0.000018 1.88% 12.93% $10 321 337 154 SHIB 7 days price change
14 Lido stETH (STETH) STETH Lido stETH predictions 91.6% 1 $2 941.39 -0.40% -3.32% $10 258 752 564 STETH 7 days price change
15 Wrapped TRON (WTRX) WTRX Wrapped TRON predictions 92% 1 $0.116354 -0.46% 0.23% $10 171 995 609 WTRX 7 days price change

Be the first to receive Cryptocurrency Price Predictions and Forecasts daily

Get cryptocurrency price predictions, forecasts with analysis and news right to your inbox.

© 2015-2024

The usage of this website constitutes acceptance of the following legal information. Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website, including information about the cryptocurrencies and bitcoin is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Crypto Rating shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about cryptocurrencies. The entire responsibility for the contents rests with the authors. Reprint of the materials is available only with the permission of the editorial staff.