Origin Protocol Price Prediction – July 4
There has been a line of incrassates in the OGN/USD market operations as the crypto economy tends to be pushing for a high against a psychological resistance line. The last 52 weeks of trading have witnessed a low and a high of $0.1734 and 1.49 in that order. The current percentage rate of trading is at 6.19 positives.
Origin Protocol (OGN) Price Statistics:
OGN price now – $0.3327
OGN market cap – $127.8 million
OGN circulating supply – 388.6 million
OGN total supply – 1 billion
Coinmarketcap ranking – #156
Origin Protocol (OGN) Market
Resistance levels: $0.40, $0.50, $0.60
Support levels: $0.25, $0.20, $0.15
OGN/USD – Daily Chart
The OGN/USD daily chart showcases the crypto-economic price is pushing for a high against the trend line of the bigger SMA. The 14-day SMA indicator is underneath the 50-day SMA trading indicator. The bearish trend line drew southward to get conjoined with the bigger SMA to mark a resistance that the price has to breach northward sustainably to affirm a bullish trend is resurfacing in the market. The stochastic Oscillators have crossed northbound from the range of 40, swerving briefly back into the overbought region to denote a buying pressure is ongoing.
Will the OGN/USD market push more for a high higher than the present value?
The push of the OGN/USD market has been on a grand-building outlook as the crypto economy is pushing for a high. That said, the price is on the verge of striving to breach past a resistant-trading spot around the 50-day SMA to face other higher resistances as outlined above at a later session. A forceful downward reversion around the SMA’s trend line will dowse the strength capacity to obtain more sustainable ups.
On the downside of the technical analysis, the OGN/USD market sellers will have to wait for the emergence of a bearish candlestick to signify the possibility of the crypto economy losing its stance back to the downside direction. The main resistance level to the early observation of the market running back downward is obtainable around the $0.40 level. A sudden forceful push against the value line may keep the trading line afloat for some time over the $0.33
OGN/BTC Price Analysis
Origin Protocol, in comparison, has been trending vigorously against the purchasing weight of Bitcoin. In other words, the pairing trading crypto economy is pushing for a high above the trend lines of the SMAs. The 14-day SMA indicator has intercepted the 50-day SMA indicator in the upside direction. The Stochastic Oscillators have crossed northbound into the overbought region. And they are pointing toward the north to signify the flagship counter crypto is on the momentum-losing scale with the base trading crypto presently.
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