Origin Protocol Price Prediction for Today, June 22 – OGN Technical Analysis

The Origin Protocol value prediction suggests a bullish motion, indicating that the coin may very well be technically poised to interrupt above $0.105.

Origin Protocol Pronounces OGN Token Merger and Reveals Multichain Yield Merchandise Roadmap

Origin Protocol (OGN) token holders have launched a governance proposal to merge Origin DeFi Governance (OGV) with OGN. The lesser-known token, OGV, noticed a major appreciation of over 100% final month, pushed by the protocol’s growing income and whole worth locked (TVL).

OGN Prediction Statistics Information:

• OGN value now – $0.104
• OGN market cap – $61.6 million
• OGN circulating provide – 587.1 million
• OGN whole provide – 1.4 billion
• OGN Coinmarketcap rating – #489

OGN/USD Market

Key Ranges:

Resistance ranges: $0.160, $0.165, $0.170

Assist ranges: $0.055, $0.050, $0.045

OGN/USD is seen buying and selling towards the 9-day and 21-day shifting averages because the coin could kick-start a bullish run above $0.105 if the market value crosses above the shifting averages. Nevertheless, the break above this barrier may very well be the primary sign wanted for a bullish to press larger.

Origin Protocol Worth Prediction: What to Anticipate from Origin Protocol

Wanting on the upside, if the Origin Protocol value continues to rise, the primary resistance stage could also be encountered at $0.110, probably adopted by $0.120. Additional resistance may very well be discovered at $0.160, $0.165, and $0.170. Conversely, if the Origin Protocol value falls beneath the decrease boundary of the channel, it might attain the primary assist stage at $0.100.

Nevertheless, for the market to remain beneath the channel might result in important assist ranges at $0.055, $0.050, and $0.045. Moreover, the 9-day shifting common could must cross above the 21-day shifting common which might point out that consumers may enter the market, suggesting a possible push for OGN again above $0.105 quickly.

OGN/BTC Might Head to the North

In opposition to Bitcoin, the each day chart signifies that the Origin Protocol value is poised to cross above the 9-day shifting common earlier than focusing on the 21-day shifting common. If the coin achieves a bullish crossover above these shifting averages, it might see further long-term features, with the following key resistance stage at 225 SAT and above.

Nevertheless, if the bears regroup and push the value beneath the decrease boundary of the channel, the assist stage at 120 SAT may be examined earlier than probably falling to the important assist at 110 SAT and beneath. In the meantime, the 9-day MA is more likely to stay beneath the 21-day MA, suggesting extra bearish alerts might emerge.

Moreover, @CryptoBull_360 suggested his 3,000+ followers on X (previously Twitter) that #OGN is primed for a breakout 🚀🚀🍿. Based on his evaluation, the present market circumstances and technical indicators counsel a major upward motion is imminent. He recommends conserving a detailed eye on #OGN because it approaches important resistance ranges, hinting at a possible surge that would current a superb funding alternative. Don’t miss out on this thrilling prospect!

#OGN value prepared for breakout🚀🚀🍿$OGN #OGNUSDT pic.twitter.com/J7N2mmJYG5

— CryptoBull_360 (@CryptoBull_360) January 30, 2024

Alternate options to Origin Protocol

The Origin Protocol value has been lingering beneath the 9-day and 21-day shifting averages. This means that OGN/USD may quickly see a bullish motion. It’s solely a matter of time earlier than this coin hits the following resistance stage of $0.105 if it begins to development upwards. Then again, whereas many widespread tokens are dealing with a downturn, the $PLAY token stays sturdy with a constant “purchase” ranking resulting from its exceptionally low presale value. It has already amassed practically $5m in features. Traders are to make a smart choice by securing the token earlier than its launch day.

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