Recent Developments & Market Context
Right now, GEOD is hovering around $0.13953, having dipped about 0.38% over the past day. The token has roughly 317 million coins circulating out of a billion total, which puts its market cap somewhere in the low tens of millions. Compared to bigger DeFi or DePIN projects, trading volume is pretty light. The price has climbed from earlier lows near $0.13, helped along by growing real-world use and the token burn program that’s been running.
There’s been some interesting news lately—GEODNET closed an $8 million funding round with Multicoin Capital leading the charge. They’re using that money to expand into robotics and AI infrastructure. The network itself keeps growing too, with over 13,500 reference stations spread across more than 142 countries. That’s actually strengthening the token’s utility story. What’s especially noteworthy is how the price has held up despite a major token unlock that would normally tank things.
Technical Indicators & Price Action
When you look at the charts, the picture is mixed but leaning bullish. Short-term indicators like RSI, the faster moving averages (5, 10, 20, and 50-day), MACD, CCI, and Bull/Bear Power are all suggesting there’s more room to run. The 5-day moving average sitting below current price is a decent sign of recent momentum building.
The longer-term averages (100 and 200-day) are still above where we’re trading though, which means there’s resistance waiting up ahead. The ADX reading is fairly high, telling us that when this thing moves, it tends to move hard—volatility is definitely present based on the ATR numbers. Some oscillators like Williams %R and Stochastic are getting into overbought territory, which could mean a pullback is brewing. There’s also some conflicting data from different market analyses showing sell signals in certain regions, probably due to thinner liquidity or localized selling pressure.
Price Prediction: Scenarios, Levels & Strategy
Bullish Scenario
If GEODNET keeps expanding its network, driving revenue from its services, and maintaining or increasing its burn rate, we could see price push toward $0.18 to $0.20. The first hurdle is around $0.15 where those longer moving averages are sitting. Break through that and $0.17 is next—that’s where previous highs clustered. Beyond that, $0.20 comes into play if momentum really takes hold. Sure, we might see some brief pullbacks when indicators flash overbought, but if the fundamentals stay strong, buyers will probably keep stepping in. For swing traders, getting in somewhere between $0.12 and $0.14 looks like a solid risk/reward setup, especially if volume starts picking up.
Bearish/Neutral Scenario
On the flip side, if the broader crypto market turns sour or if adoption slows down, GEOD could struggle. Those sell signals popping up in regional analyses hint that support around $0.12 might get tested. If we break below $0.10, that would be more concerning—likely needing either a major crypto market downturn or the burn rate disappointing expectations to trigger it. In a more neutral scenario, we might just chop around between $0.11 and $0.15 for a few weeks until something happens to break the stalemate.
Strategic Indicators to Monitor
• Moving averages: Keep an eye on that MA100 and MA200 resistance zone around $0.14–$0.15.
• MACD crossover strength and where the signal line is heading.
• Burn rate versus emissions: if GEODNET can offset 80-90% or more of new supply, that deflationary pressure really starts to matter.
• How quickly they’re adding new RTK stations and landing enterprise deals, particularly in newer markets.
• Volume spikes that match up with price increases—without volume backing it up, rallies tend to fizzle out.
