Moonbeam Price Prediction 2023-2030: Will GLMR Price Hit $1 Soon?

• Bullish GLMR price prediction ranges from $0.3 to $1.5.
• GLMR price might also reach $1 this 2023.
• GLMR’s bearish market price prediction for 2023 is $0.2356.

Moonbeam, according to some, is one of the most amazing cryptocurrencies to rise this year (GLMR). 

Moonbeam is a Polkadot network smart contract parachain that uses the delegated proof of stake (DPoS) consensus process and features an Ethereum-compatible environment. Moonbeam is a parachain, which implies it is a Layer 1 chain connected to Polkadot’s Layer 0 Relay Chain.

If you are interested in the future of Moonbeam (GLMR) and would want to know the price analysis and price prediction of GLMR for 2022, 2023, 2024, 2025, 2026, up to 2030, keep reading this Coin Edition article.

Moonbeam (GLMR) Overview

Coin Name	Moonbeam
Symbol	GLMR
Rank	#123
Price (USD)	$0.3465
Market Cap	$170,033,041
All Time High	$29.84
All Time Low	$0.316
Circulating Supply	490,683,301 GLMR
Total Supply	1,046,109,654 GLMR

What is Moonbeam (GLMR)?

Moonbeam is Polkadot’s Ethereum-compatible smart contract parachain. Moonbeam makes it simple to construct or redeploy Solidity apps in a Substrate-based environment using common Ethereum development tools.

Moonbeam is a highly customized parachain that matches Ethereum’s Web3 RPC, accounts, keys, subscriptions, logs, and more. The Moonbeam platform adds on-chain governance, staking, and cross-chain integrations to the standard Ethereum feature set. Through bridges, Moonbeam integrates and connects Polkadot parachains as well as other chains like as Ethereum and Bitcoin. Derek Yoo of Pure Stake founded Moonbeam in 2019.

On top of Substrate, Moonbeam provides an Ethereum-like environment (rather than a Geth-based solution). This allows developers to quickly reinstall their current smart contracts, utilizing the same tools and integrations as before, but also benefiting from the new Substrate architecture on which all Polkadot parachains are built.

Developers utilizing Solidity or Vyper-based smart contracts may “go multi-chain” and expand their impact into the Polkadot ecosystem thanks to the Moonbeam network. Polkadot’s blockchain provides seamless task sharing on a new layer.

Developers may use Moonbeam to transfer current Ethereum DApps to Polkadot or construct new permissionless decentralized apps (dApps) using familiar Ethereum development tools. When front-end dApps are migrated between chains, Moonbeam’s tools ensure that there is minimum modification. By utilizing Moonbeam, Ethereum developers (the largest market of existing blockchain developers) would be able to avoid the scalability difficulties caused by the Ethereum network’s expense and restrictions.

The Moonbeam project is moving toward decentralized governance. Glimmer (GLMR), the utility token, will act as a gateway for network participants to access the network’s critical functionalities.

Holders of GLMR will be able to submit referendums, vote on them, and elect council members. A representation of Polkadot’s chosen proof-of-stake consensus technique. The added scalability and security provided by a Polkadot sharded design and shared security umbrella help Moonbeam.

Moonbeam (GLMR) Current Market Status

According to CoinMarketCap, the maximum supply of Moonbeam (GLMR) is unknown while its circulating supply is 490,682,197 GLMR. At the time of writing, GLMR is trading for $0.3474 which represents a 24 hours decrease of 0.02%. The trading volume of Moonbeam in the past 24 hours is $3,457,300 which represents a 13.29% decrease.

Some of the top cryptocurrencies exchanges for trading Moonbeam (GLMR) are Binance, KuCoin, Kraken, Huobi, OKX, and others.

Now that you have known what GLMR is and its current market status, we shall discuss the price analysis of Moonbeam (GLMR) for 2023.

Moonbeam (GLMR) Price Analysis 2023

Currently, GLMR is ranked in the 26th position on CoinMarketCap. Will developments and upgrades within the GLMR community lead to a rise in the price of Moonbeam (GLMR)? We shall see this in this Coin Edition price analysis 2023 article.

Moonbeam (GLMR) Price Analysis – Keltner Channel

Keltner Channel is a technical analysis indicator that is used to determine trend directions by measuring the volatility above or below the candlesticks. From the Keltner Channel signals for Moonbeam (GLMR), it could be seen that the present bear run could continue since the recent candlesticks are within the second half of the chart. Also, since the last candlestick is bearish, the present decrease in the price of GLMR might be sustained before any reversal would be expected.

Moonbeam (GLMR) Price Analysis – Relative Strength Index

The Relative Strength Index (RSI) is a technical analysis indicator that measures the relative momentum in the magnitude and speed of recent price changes of an asset to deduce if it is an oversold or overbought asset. The RSI value of Moonbeam (GLMR) 1day chart of GLMR/USDT is at 43.64. This shows that GLMR is showing less movement since it is not between 50 and 70. Investors should wait for a clear confirmation before taking the trade to lower the risk.

Moonbeam (GLMR) Price Analysis – Moving Averages

The chart above shows the 1Day chart of the GLMR 200-day and 50-day Moving Average (MA). Presently, GLMR is on a bearish trend as indicated in the recent downtrend. Since the 200-MA is above the 50-MA, we can deduce that the price is bearish for long-term investors. 

Also, since the gap between the moving averages is getting small and within the recently formed candlesticks, the price of Moonbeam (GLMR) might experience reversal in the near future.

Moonbeam (GLMR) Price Prediction 2023

Looking at the 1Day chart of GLMR/USDT, GLMR has been in the bear market for a long time. It already broke its psychological resistances and now trading at $0.3474. GLMR has been trading inside the flag. However, GLMR has a weak low forming at 22 November, 2022. If GLMR breaks that low, we can expect another low price for GLMR.

Meanwhile, our long-term GLMR price prediction for 2023 is bullish since it cannot break the current low zone. We can expect GLMR to reach above $0.5 this year.

Month	Minimum Price	Average Price	Maximum Price
January 2023	0.3578	0.3578	0.3601
February 2023	0.3871	0.4001	0.4024
March 2023	0.4056	0.4381	0.6681
April 2023	0.5159	0.5271	0.5494
May 2023	0.6025	0.6117	0.6940
June 2023	0.6701	0.6931	0.7454
July 2023	0.7415	0.7545	0.7568
August 2023	0.8061	0.8386	1.0686
September 2023	0.8834	0.8946	0.9169
October 2023	0.8535	0.9456	1.0279
November 2023	0.9501	0.9731	1.0254
December 2023	0.9985	1.0115	1.0138

Moonbeam (GLMR) Price Prediction – Resistance and Support Levels

This bearish chart shows that the price of GLMR has decreased since last month. If this price decrease continues, GLMR could break the $0.3168 support level and move lower to $0.2356, the bearish signal for 2023.

However, if buyers have their way, the price of GLMR might be rising from its present downtrend position. In simpler terms, GLMR might trend above the $0.5836 level, and even higher in 2023, a bullish signal.

Moonbeam (GLMR) Price Prediction 2024

Moonbeam (GLMR) price could hold the support level around 200-MA, the long-term moving average of 200 days firmly, buyers will then have ample time and stability to forge the next attack mission on the vital level at $1.73, making it not plummet but play consistently. Additionally, this could only be possible if GLMR breaks through past psychological resistance levels.

Month	Minimum Price	Average Price	Maximum Price
January 2024	1.0800	1.0800	1.0823
February 2024	1.1093	1.1223	1.1246
March 2024	1.1278	1.1603	1.3903
April 2024	1.2381	1.2493	1.2716
May 2024	1.3247	1.3339	1.4162
June 2024	1.3923	1.4153	1.4676
July 2024	1.4637	1.4767	1.4790
August 2024	1.5283	1.5608	1.7908
September 2024	1.6056	1.6168	1.6391
October 2024	1.5757	1.6678	1.7501
November 2024	1.6723	1.6953	1.7476
December 2024	1.7207	1.7337	1.7360

Moonbeam (GLMR) Price Prediction 2025

Moonbeam (GLMR) prices might grow past $2.48 during the next three years. Furthermore, hitting this level might not be so tough for GLMR due to new medium, short-term, and long-term price objectives for purchase or sell orders may be discovered. According to the forecast, GLMR has a strong chance of reaching a new all-time high (ATH) price.

Month	Minimum Price	Average Price	Maximum Price
January 2025	1.8300	1.8300	1.8323
February 2025	1.8593	1.8723	1.8746
March 2025	1.8778	1.9103	2.1403
April 2025	1.9881	1.9993	2.0216
May 2025	2.0747	2.0839	2.1662
June 2025	2.1423	2.1653	2.2176
July 2025	2.2137	2.2267	2.2290
August 2025	2.2783	2.3108	2.5408
September 2025	2.3556	2.3668	2.3891
October 2025	2.3257	2.4178	2.5001
November 2025	2.4223	2.4453	2.4976
December 2025	2.4707	2.4837	2.4860

Moonbeam (GLMR) Price Prediction 2026

Moonbeam (GLMR) prices might grow past $3.24 during the next four years. Furthermore, hitting this level might not be so tough for GLMR due to new medium, short-term, and long-term price objectives for purchase or sell orders may be discovered. According to the forecast, GLMR has a strong chance of reaching a new all-time high (ATH) price.

Month	Minimum Price	Average Price	Maximum Price
January 2026	2.5900	2.5900	2.5923
February 2026	2.6193	2.6323	2.6346
March 2026	2.6378	2.6703	2.9003
April 2026	2.7481	2.7593	2.7816
May 2026	2.8347	2.8439	2.9262
June 2026	2.9023	2.9253	2.9776
July 2026	2.9737	2.9867	2.9890
August 2026	3.0383	3.0708	3.3008
September 2026	3.1156	3.1268	3.1491
October 2026	3.0857	3.1778	3.2601
November 2026	3.1823	3.2053	3.2576
December 2026	3.2307	3.2437	3.2460

Moonbeam (GLMR) Price Prediction 2027

Moonbeam (GLMR) prices might grow past $4.044 during the next five years. Furthermore, hitting this level might not be so tough for GLMR due to new medium, short-term, and long-term price objectives for purchase or sell orders may be discovered. According to the forecast, GLMR has a strong chance of reaching a new all-time high (ATH) price.

Month	Minimum Price	Average Price	Maximum Price
January 2027	3.3911	3.3911	3.3934
February 2027	3.4204	3.4334	3.4357
March 2027	3.4389	3.4714	3.7014
April 2027	3.5492	3.5604	3.5827
May 2027	3.6358	3.6450	3.7273
June 2027	3.7034	3.7264	3.7787
July 2027	3.7748	3.7878	3.7901
August 2027	3.8394	3.8719	4.1019
September 2027	3.9167	3.9279	3.9502
October 2027	3.8868	3.9789	4.0612
November 2027	3.9834	4.0064	4.0587
December 2027	4.0318	4.0448	4.0471

Moonbeam (GLMR) Price Prediction 2028

Moonbeam (GLMR) prices might grow past $4.8918 during the next six years. Furthermore, hitting this level might not be so tough for GLMR due to new medium, short-term, and long-term price objectives for purchase or sell orders may be discovered. According to the forecast, GLMR has a strong chance of reaching a new all-time high (ATH) price.

Month	Minimum Price	Average Price	Maximum Price
January 2028	4.2381	4.2381	4.2404
February 2028	4.2674	4.2804	4.2827
March 2028	4.2859	4.3184	4.5484
April 2028	4.3962	4.4074	4.4297
May 2028	4.4828	4.4920	4.5743
June 2028	4.5504	4.5734	4.6257
July 2028	4.6218	4.6348	4.6371
August 2028	4.6864	4.7189	4.9489
September 2028	4.7637	4.7749	4.7972
October 2028	4.7338	4.8259	4.9082
November 2028	4.8304	4.8534	4.9057
December 2028	4.8788	4.8918	4.8941

Moonbeam (GLMR) Price Prediction 2029

Moonbeam (GLMR) prices might grow past $5.6862 during the next seven years. Furthermore, hitting this level might not be so tough for GLMR due to new medium, short-term, and long-term price objectives for purchase or sell orders may be discovered. According to the forecast, GLMR has a strong chance of reaching a new all-time high (ATH) price.

Month	Minimum Price	Average Price	Maximum Price
January 2029	5.0325	5.0325	5.0348
February 2029	5.0618	5.0748	5.0771
March 2029	5.0803	5.1128	5.3428
April 2029	5.1906	5.2018	5.2241
May 2029	5.2772	5.2864	5.3687
June 2029	5.3448	5.3678	5.4201
July 2029	5.4162	5.4292	5.4315
August 2029	5.4808	5.5133	5.7433
September 2029	5.5581	5.5693	5.5916
October 2029	5.5282	5.6203	5.7026
November 2029	5.6248	5.6478	5.7001
December 2029	5.6732	5.6862	5.6885

Moonbeam (GLMR) Price Prediction 2030

Moonbeam (GLMR) prices might grow past $6.6466 during the next eight years. Furthermore, hitting this level might not be so tough for GLMR due to new medium, short-term, and long-term price objectives for purchase or sell orders may be discovered. According to the forecast, GLMR has a strong chance of reaching a new all-time high (ATH) price.

Month	Minimum Price	Average Price	Maximum Price
January 2030	5.8129	5.8129	5.8152
February 2030	5.8422	5.8552	5.8575
March 2030	5.8607	5.8932	6.1232
April 2030	5.9710	5.9822	6.0045
May 2030	6.0576	6.0668	6.1491
June 2030	6.1252	6.1482	6.2005
July 2030	6.1966	6.2096	6.2119
August 2030	6.2612	6.2937	6.5237
September 2030	6.3385	6.3497	6.3720
October 2030	6.3086	6.4007	6.4830
November 2030	6.4052	6.4282	6.4805
December 2030	6.4536	6.4666	6.4689

Moonbeam (GLMR) Price Prediction 2040

According to our long-term GLMR price estimate, GLMR prices could reach a new all-time high this year. If the current growth rate continues, we could anticipate an average price of $15 by 2040. If the market turns bullish, the price of GLMR could go up beyond what we predicted for 2040.

Minimum Price	Average Price	Maximum Price
$11.3	$15	$17.6

Moonbeam (GLMR) Price Prediction 2050

According to our GLMR forecast, the average price of GLMR in 2050 might be above $32. If more investors are drawn to GLMR between these years, the price of GLMR in 2050 could be far higher than our projection.

Minimum Price	Average Price	Maximum Price
$26	$32	$34

Conclusion

As said above, Moonbeam (GLMR) might reach above $0.5 in 2023 and $6 by 2030 if investors have decided that GLMR is a good investment along with mainstream cryptocurrencies like Bitcoin and Ethereum.

FAQ

Disclaimer: The views and opinions, as well as all the information shared in this price prediction, are published in good faith. Readers must do their research and due diligence. Any action taken by the reader is strictly at their own risk. Coin Edition and its affiliates will not be held liable for any direct or indirect damage or loss.