HomeNFT'sOrigin Protocol Price Forecast on February 2 – OGN Technical Analysis

Origin Protocol Price Forecast on February 2 – OGN Technical Analysis

-


Join Our Telegram channel to stay up to date on breaking news coverage

 

The Origin Protocol price prediction shows that OGN may get ready for the uptrend, which could technically hit the resistance level of $0.160.

Unveiling Origin Protocol (OGN): A Powerhouse of Untapped Potential

Origin Protocol is currently hovering at $0.158, securing its position at No. 366 within the cryptocurrency market. Over the past 24 hours, the value of OGN has witnessed an uptick. Furthermore, over the last 7 days, OGN has displayed a promising upward trajectory, indicating substantial potential. This presents an opportune moment to consider delving into investment opportunities with OGN.

OGN Prediction Statistics Data:

  • OGN price now – $0.158
  • OGN market cap – $90 million
  • OGN circulating supply – 571.9 million
  • OGN total supply – 1.0 billion
  • OGN Coinmarketcap ranking – #366

OGN/USD Market

Key Levels:

Resistance levels: $0.190, $0.200, $0.210

Support levels: $0.130, $0.120, $0.110

Origin Protocol Price Prediction for Today, February 2 – OGN Technical Analysis
OGNUSD – Daily Chart

OGN/USD is seen trading toward the 9-day and 21-day moving averages as the coin may kick-start an additional bullish run above $0.158 if the market price crosses above the moving averages. However, the break above this barrier is the first signal needed for a bullish to press higher.

Origin Protocol Price Prediction: What to Expect from Origin Protocol

Looking at the upside, if the Origin Protocol price begins to grind higher, the first resistance level may come at $0.160 as this could also be followed by $0.170. However, additional resistance may also be found at $0.190, $0.200, and $0.210 respectively. On the other side, if the Origin Protocol price slides below the lower boundary of the channel, it could hit the first support level at $0.150.

However, staying below the channel may lead to the critical support levels at $0.130, $0.120, and $0.110. Meanwhile, the 9-day moving average is trying to cross above the 21-day moving average, which indicates the buyers are attempting to step into the market and this, could also mean that another signal of OGN could be pushing back above $0.160 soon.

OGN/BTC Goes Bullish

Against Bitcoin, the daily chart shows that the Origin Protocol price is likely to cross above the 9-day and 21-day moving averages as the coin trades around 372 SAT. However, as soon as the coin crosses above the moving averages, there is a possibility that additional benefits could be obtained in the long term. Therefore, the next resistance key toward the upside could be at 430 SAT and above.

Origin Protocol Price Prediction for Today, February 2 – OGN Technical AnalysisOrigin Protocol Price Prediction for Today, February 2 – OGN Technical Analysis
OGNBTC – Daily Chart

However, if the bears regroup and head toward the lower boundary of the channel, the support level of 320 SAT may play out before rolling to the critical support at 310 SAT and below. Meanwhile, the 9-day MA is likely to cross above the 21-day MA as more bullish signals could play out.

Moreover, to also confirm the possible trend that OGN could follow, @Ahsan5117 informed his followers on his X account that as the price of $OGN experiences a noticeable surge, some analysts are increasingly optimistic about its potential to emerge as one of the standout performers in the cryptocurrency landscape for the year 2024.

Alternatives to Origin Protocol

The price of the Origin Protocol (OGN) is on the rise, potentially surpassing key moving averages and indicating a bullish trend. However, despite its significant market cap of $90m and ranking 366th in the crypto world, its importance may be overlooked. Meanwhile, the Bitcoin Minetrix token presents an enticing opportunity for maximizing returns, with over $10.1 million already secured in its presale phase.

Bitcoin Minetrix ICO Hits $10M – Next 10X Potential Crypto?!

Bitcoin Minetrix introduces a groundbreaking opportunity for market participants to tap into bitcoin mining revenue by owning the $BTCMTX token. As the sole product of its kind, it offers token holders the unique privilege of accessing passive income derived from mining Bitcoin. However, the crypto industry is in demand for products that generate value by genuinely serving practical purposes.

You can benefit from Bitcoin Minetrix today.

Related News

New Crypto Mining Platform – Bitcoin Minetrix

Bitcoin MinetrixBitcoin Minetrix
  • Audited By Coinsult
  • Decentralized, Secure Cloud Mining
  • Earn Free Bitcoin Daily
  • Native Token On Presale Now – BTCMTX
  • Staking Rewards – Over 100% APY

Bitcoin MinetrixBitcoin Minetrix


Join Our Telegram channel to stay up to date on breaking news coverage



LEAVE A REPLY

Please enter your comment!
Please enter your name here

LATEST POSTS

6 Top Meme Coin Early Sales to Purchase Now – Next 10X Digital Currencies to Surge

Join Our Telegram channel to stay up to date on breaking news coverage Meme coins have become a hot topic in the crypto space, with...

Could a Massive Rally Be in the Cards?

Meet Samuel Edyme, Nickname - HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack...

Forecast of Filecoin Pricing for Today, July 12 – Filecoin Technological Analysis

Join Our Telegram channel to stay up to date on breaking news coverage The Filecoin price prediction is heading toward the upper boundary of the...

Most Popular