In this Origin Protocol technical analysis, we will examine the current price action, trading volume, key levels and indicators for OGN-USDT. Origin Protocol (OGN) is a decentralized platform that enables the creation, management, and monetization of interactive digital content. It utilizes blockchain technology to provide secure and transparent transactions, ensuring fair compensation for creators and protecting their intellectual property rights. With its innovative features and user-friendly interface, Origin Protocol is set to revolutionize the way we interact with digital content.
Origin Protocol Price Overview:
As of October 02, 2023, Origin Protocol is trading at approximately 0.1418 USDT. Let’s dive into the detailed price action for OGN-USDT:
| Metric | Value |
|---|---|
| Open (O) | 0.1398 |
| High (H) | 0.158 |
| Low (L) | 0.1365 |
| Close (C) | 0.1418 |
| Volume (C) | 253,328,853.00 |
- Open (O): The opening price for today’s trading session was approximately 0.1398 USDT.
- High (H): Origin Protocol reached a daily high of around 0.158 USDT.
- Low (L): The daily low for OGN-USDT was approximately 0.1365 USDT.
- Close (C): At the time of analysis, Origin Protocol is trading near its daily close of 0.1418 USDT.
| Metric | Value |
|---|---|
| 1D Change (%) | 1.43% |
| 3D Change (%) | 35.05% |
| 7D Change (%) | 56.00% |
| 30D Change (%) | 96.13% |
| 90D Change (%) | 66.24% |
| YTD Change (%) | 62.99% |
Over the past three days, OGNUSDT has increased by approximately 35.05%, showcasing increased market volatility. Throughout the last week, it continued to rise, with a gain of around 56.00%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with OGNUSDT maintaining an upward trend of approximately 96.13%, despite intermittent fluctuations. Examining the last 90 days, OGNUSDT has witnessed substantial increase of approximately 66.24%, reflecting strong long-term confidence. Year-to-date, OGNUSDT has steadily appreciated by around 62.99%, attracting both institutional and retail investors and highlighting its potential as a long-term investment.
Origin Protocol Live Chart:
You can access a live price chart for OGN-USDT on various cryptocurrency market websites or trading platforms. These charts provide real-time data, allowing you to track price movements and indicators as they evolve.
Price Volatility and Momentum:
- Volatility score is 1.47037.
- Momentum score is 0.96127.
OGN USDT Technical Analysis
Origin Protocol Trading Volume:
The trading volume for Origin Protocol (OGN) over the past 24 hours has been significant, with approximately 253,328,853.00 USDT traded against OGN. Elevated trading volume often indicates increased market activity and can be an essential factor to consider in technical analysis.
Moving Averages:
- 50-day Simple Moving Average (SMA): OGN is currently trading above the 50-day SMA, indicating short-term bullish momentum.
- 200-day Simple Moving Average (SMA): Origin Protocol is also trading above the 200-day SMA, indicating a positive long-term outlook.
Relative Strength Index (RSI):
- The RSI30 for OGN-USDT is currently in the high zone, around 68.76707. This suggests that Origin Protocol is in bullish territory.
Analysis from TradingView:
Our Key Takeaways:
Origin Protocol (OGN-USDT) is currently exhibiting signs of short-term bullish momentum, with key support and resistance levels in focus. Traders and investors should closely monitor the USDT monthly resistance level and the USDT support level for potential trading opportunities. Additionally, the high RSI and significant trading volume are high signals for potential upward movement.
Disclaimer: The information provided herein, including any technical analysis of cryptocurrencies, is for informational and educational purposes only. It should not be considered as financial advice or a recommendation to buy, sell, or hold any cryptocurrency or make any financial decisions.
Cryptocurrency markets are highly volatile and speculative. Past performance is not indicative of future results, and there are no guarantees of profit or protection against losses. Cryptocurrency investments are subject to significant risks, including but not limited to market fluctuations, regulatory changes, and technological vulnerabilities.
Technical analysis involves the use of historical price and volume data, patterns, and indicators to make predictions about future price movements. It is a subjective and speculative approach to market analysis and should not be the sole basis for making investment decisions.
