Origin Protocol Price Prediction for Today, June 12: OGN/USD Climbs by 5.06%

Updated: 22 July 2023

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The Origin Protocol price prediction prepares for the uptrend, the coin will be technically and fundamentally ready to break above $0.080.

OGN Prediction Statistics Data:

OGN price now – $0.070
OGN market cap – $36 million
OGN circulating supply – 509.4 million
OGN total supply – 1.0 billion
OGN Coinmarketcap ranking – #405

OGN/USD Market

Key Levels:

Resistance levels: $0.090, $0.100, $0.110

Support levels: $0.050, $0.040, $0.030

Origin Protocol Price Prediction for Today, June 12: OGN/USD Climbs by 5.06% — OGNUSD – Daily Chart

OGN/USD is seen trading toward the 9-day and 21-day moving averages as the coin may kick-start an additional bullish run above $0.080 if the market price crosses above the moving averages. However, the break above this barrier is the first signal needed for a bullish to press higher.

Origin Protocol Price Prediction: What to Expect from Origin Protocol

Looking ahead, if the buyers continue to grind higher, the first resistance level may come at $0.080 as this could also be followed by $0.085. However, additional resistance may also be found at $0.090, $0.100, and $0.110 respectively. On the other side, if the Origin Protocol price crosses below the lower boundary of the channel, it could hit the first support level at $0.060.

However, staying below the moving averages may lead to the critical support levels at $0.050, $0.040, and $0.030. Meanwhile, the technical indicator Relative Strength Index (14) trying to recover above the 30-level, which indicates the buyers are attempting to step into the market and this, could also mean that another signal of OGN could be pushing back above $0.080 soon.

Against Bitcoin, the daily chart shows that the Origin Protocol price is moving toward the upper boundary of the channel around 273 SAT. However, as much as the coin crosses above the 9-day and 21-day MAs, there is a possibility that additional benefits could be obtained in the long term. Therefore, the next resistance key above the resistance level of 300 SAT could even break 350 SAT and above.

However, if the bears regroup and cross below the lower boundary of the channel, the support level of 250 SAT may play out before rolling to the critical support at 200 SAT and below. The Relative Strength Index (14) is trying to level the oversold region as more bullish signals could play out.

Origin Protocol Alternatives

Nevertheless, if OGN/USD soars toward the upper boundary of the channel, this could be a sign of sustainability and may likely result in a bullish continuation. Furthermore, if the Origin Protocol price fails to move up; traders may see a price cut below the lower boundary of the channel, and a further low could bring the price to the support level of $0.050. Meanwhile, the broader crypto market has taken a hit, Wall Street Memes (WSM) has remained resilient – and become a hot topic among influential YouTubers in the crypto space. the WSM token has achieved almost $7m in its presale as this will provide excellent retail trading tools to the traders.

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