ROSE USDT Oasis Network Technical Analysis

Oasis Network logo In this Oasis Network technical analysis, we will examine the current price action, trading volume, key levels and indicators for ROSE-USDT. Sure, here are three sentences about Oasis Network (ROSE) cryptocurrency: Oasis Network (ROSE) is a decentralized blockchain platform that enables the development of scalable and interoperable applications. With its novel consensus algorithm and data sharding technology, ROSE offers faster transaction speeds and lower fees compared to other blockchains. Additionally, ROSE features a unique governance mechanism that allows holders of the network’s token (ROSE) to participate in decision-making processes and shape the future of the platform.

Oasis Network Price Overview:

As of October 03, 2023, Oasis Network is trading at approximately 0.04141 USDT. Let’s dive into the detailed price action for ROSE-USDT:

Metric Value
Open (O) 0.04171
High (H) 0.04243
Low (L) 0.04091
Close (C) 0.04141
Volume (C) 44,320,454.60
  • Open (O): The opening price for today’s trading session was approximately 0.04171 USDT.
  • High (H): Oasis Network reached a daily high of around 0.04243 USDT.
  • Low (L): The daily low for ROSE-USDT was approximately 0.04091 USDT.
  • Close (C): At the time of analysis, Oasis Network is trading near its daily close of 0.04141 USDT.
Metric Value
1D Change (%) -0.65%
3D Change (%) -0.55%
7D Change (%) 0.12%
30D Change (%) 4.49%
90D Change (%) -16.31%
YTD Change (%) 21.08%

Over the past three days, ROSEUSDT has declined by approximately -0.55%, showcasing increased market volatility. Throughout the last week, it continued to increase, with a gain of around 0.12%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with ROSEUSDT maintaining an upward trend of approximately 4.49%, despite intermittent fluctuations. Examining the last 90 days, ROSEUSDT has witnessed substantial decrease of approximately -16.31%, reflecting strong long-term confidence. Year-to-date, ROSEUSDT has steadily appreciated by around 21.08%, attracting both institutional and retail investors and highlighting its potential as a long-term investment.

Oasis Network Live Chart:

You can access a live price chart for ROSE-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 0.35763.
  • Momentum score is 0.04492.

ROSE USDT Technical Analysis

Oasis Network Trading Volume:

The trading volume for Oasis Network (ROSE) over the past 24 hours has been insignificant, with approximately 44,320,454.60 USDT traded against ROSE. 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): ROSE is currently trading above the 50-day SMA, indicating short-term bullish momentum.
  • 200-day Simple Moving Average (SMA): Oasis Network is also trading above the 200-day SMA, indicating a positive long-term outlook.

Relative Strength Index (RSI):

  • The RSI30 for ROSE-USDT is currently in the neutral zone, around 47.31304. This suggests that Oasis Network is in range-bound territory.

Analysis from TradingView:

Our Key Takeaways:

Oasis Network (ROSE-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 neutral RSI and insignificant trading volume are neutral signals for potential sideways 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.