Origin Protocol Price Prediction for Today, February 2nd – OGN Technical Analysis

adminFebruary 3, 2024

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According to the Origin Protocol price prediction, OGN is poised for an uptrend and could technically reach the resistance level of $0.160.

OGN (Unveiling Origin Protocol): A powerhouse of untapped potential

Origin Protocol is currently hovering around $0.158 and is firmly holding the 366th position in the cryptocurrency market. Over the past 24 hours, the value of OGN has been on the rise. Moreover, over the past seven days, OGN has shown a promising upward trajectory, showing significant potential. This is a great moment to explore investment opportunities through OGN.

OGN forecast statistical data:

Current OGN price – $0.158
OGN market capitalization – $90 million
OGN Circulation Volume – 571.9 million
OGN total supply – 1 billion
OGN Coin Market Cap Ranking – 366th

OGN/USD market

Main level:

Resistance levels: $0.190, $0.200, $0.210

Support levels: $0.130, $0.120, $0.110

Origin Protocol Price Prediction for Today, February 2nd – OGN Technical Analysis — OGNUSD – daily chart

OGN/USD appears to be trading towards the 9-day and 21-day moving averages as the coin could begin further strength above $0.158 if the market price breaks above the moving averages. However, breaking this barrier is the first sign bulls need to apply higher pressure.

Origin Protocol Price Prediction: What to Expect from Origin Protocol

Looking on the positive side, if Origin Protocol price starts moving higher, the first resistance level could be $0.160, followed by $0.170. However, additional resistance can also be found at $0.190, $0.200, and $0.210, respectively. On the other hand, if the Origin Protocol price falls below the channel lower limit, it could reach the first support level at $0.150.

However, staying below the channel could lead to important support levels at $0.130, $0.120 and $0.110. Meanwhile, the 9-day moving average is trying to break above the 21-day moving average, which means buyers are trying to enter the market, which could mean another signal from OGN that it could soon move back above $0.160. .

OGN/BTC rising trend

For Bitcoin, the daily chart shows that the Origin Protocol price is likely to break above the 9- and 21-day moving averages as the coin trades around 372 SAT. However, as soon as the coin breaks the moving average, there is potential for additional long-term profits. Therefore, the next resistance key towards the upside could be above 430 SAT.

However, if the bears regroup and head towards the lower boundary of the channel, support levels at 320 SAT could be seen before rolling into significant support below 310 SAT. Meanwhile, as more bullish signals may emerge, it is highly likely that the 9-day moving average will exceed the 21-day moving average.

Additionally, to see what trends OGN might follow, @Ahsan5117 told followers of his I did it. Cryptocurrency environment in 2024.

hello everyone!
Are you optimistic? @OriginProtocol $OGN? price $OGN It is on the rise and some analysts believe it could become one of the best performing cryptocurrencies in 2024. #OGN #Cryptocurrency #invest #Bitcoin #Cryptocurrency #Cryptocurrency pic.twitter.com/b0FUNPPiA5
– Ahsan (@Ahsan5117) January 29, 2024

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