OSMO USDT Osmosis Technical Analysis

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By Frans van Elst

Osmosis logo In this Osmosis technical analysis, we will examine the current price action, trading volume, key levels and indicators for OSMO-USDT. Osmosis (OSMO) is a decentralized exchange (DEX) built on the Cosmos-Binance Smart Chain that enables users to trade assets across multiple blockchains. OSMO utilizes a novel liquidity pool model, allowing for more efficient and secure trading experiences. With its innovative features and interoperability capabilities, Osmosis is poised to revolutionize the decentralized finance (DeFi) landscape.

Osmosis Price Overview:

As of July 08, 2024, Osmosis is trading at approximately 0.4798 USDT. Let’s dive into the detailed price action for OSMO-USDT:

Explore Osmosis’s (OSMOUSDT) potential setbacks at 4.80e-01 USDT through bearish technical analysis, emphasizing weakened support and cautionary indicators.

Metric Value
Open (O) 0.4608
High (H) 0.4943
Low (L) 0.4459
Close (C) 0.4798
Volume (C) 2,222,635.15
  • Open (O): The opening price for today’s trading session was approximately 0.4608 USDT.
  • High (H): Osmosis reached a daily high of around 0.4943 USDT.
  • Low (L): The daily low for OSMO-USDT was approximately 0.4459 USDT.
  • Close (C): At the time of analysis, Osmosis is trading near its daily close of 0.4798 USDT.
Metric Value
1D Change (%) 4.01%
3D Change (%) 9.32%
7D Change (%) -12.29%
30D Change (%) -33.74%
90D Change (%) -62.25%
YTD Change (%) -68.31%

Over the past three days, OSMOUSDT has experienced a significant surge of approximately 9.32%, indicating increased market volatility. In contrast, the cryptocurrency’s performance over the last week was marked by a decline of around -12.29%, suggesting a shift in investor interest. A 30-day analysis provides a more comprehensive view, revealing a downward trend of approximately -33.74%. Looking further back at the last 90 days, OSMOUSDT has witnessed a substantial decline of around -62.25%, reflecting a loss of long-term confidence. Year-to-date, the cryptocurrency has steadily depreciated by approximately -68.31%.

Osmosis Live Chart:

You can access a live price chart for OSMO-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 0.79173.
  • Momentum score is -0.16251.

OSMO USDT Technical Analysis

Osmosis Trading Volume:

The trading volume for Osmosis (OSMO) over the past 24 hours has been insignificant, with approximately 2,222,635.15 USDT traded against OSMO. 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): OSMO is currently trading below the 50-day SMA, indicating short-term bearish momentum.
  • 200-day Simple Moving Average (SMA): Osmosis is also trading below the 200-day SMA, indicating a negative long-term outlook.

Relative Strength Index (RSI):

  • The RSI30 for OSMO-USDT is currently in the low zone, around 34.99159. This suggests that Osmosis is in bearish territory.

Analysis from TradingView:

Our Key Takeaways: Osmosis (OSMO-USDT) is currently experiencing short-term bearish momentum, with key support and resistance levels drawing attention. Traders and investors should closely monitor the USDT monthly resistance level and the USDT support level for potential trading opportunities. Furthermore, the low RSI and insignificant trading volume are low signals indicating a potential downward trend.

Explore Osmosis’s (OSMOUSDT) potential setbacks at 4.80e-01 USDT through bearish technical analysis, emphasizing weakened support and cautionary indicators.

Don’t skip our thorough exploration of OSMO BTC Osmosis Technical Analysis if you resonated with this post; it’s the perfect next step for deeper understanding.

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.

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