Origin Protocol Price Prediction for Today, October 11 – OGN Technical Analysis

The Origin Protocol price prediction kicked off its rally with a break above the key resistance level of $0.130 as the coin spiked higher.

Origin Protocol Prediction Statistics Data:

• Origin Protocol price now – $0.131
• Origin Protocol market cap – $74.5 million
• Origin Protocol circulating supply – 569.3 million
• Origin Protocol total supply – 1 billion
• Origin Protocol Coinmarketcap ranking – #284

OGN/USD Long-term Trend: Bullish (Daily Chart)

Key Levels:

Resistance levels: $0.160, $0.180, $0.200

Support levels: $0.085, $0.065, $0.045

OGN/USD has been experiencing significant boosts that keep the coin above the 9-day and 21-day moving averages. The current performance of the coin indicates the addition of an upward movement within the channel. Meanwhile, it’s just a matter of time for this coin to reach another resistance level of $0.150 level if it continues to follow the positive direction.

Origin Protocol Price Prediction: What to Expect from Origin Protocol

At the time of writing, the Origin Protocol price has moved from around $0.115, touching the monthly high of $0.134. The ongoing trend may move a little bit higher in the next positive direction, and the coin could reach the nearest resistance level. However, if the buyers put more effort, OGN/USD could hit additional resistance levels at $0.160, $0.180, and $0.200 respectively.

However, if the coin crosses below the 9-day and 21-day moving averages, a bearish drop may roll the market back to the downside and the initial support level of $0.120 could be reached. Moreover, any further bearish movement could hit the critical supports at $0.085, $0.065, and $0.045 but any bullish cross above the upper boundary of the channel could supply more bullish signals to the market.

OGN/BTC Spikes Above the Moving Averages

Against Bitcoin, the Origin Protocol is trading above the 9-day and 21-day moving averages as the price hovers at 470 SAT. Moreover, the coin may continue to follow the bullish movement as soon as it reaches the resistance level of 500 SAT. Meanwhile, the daily chart reveals that the buyers may need to increase the pressure to create additional gains.

Furthermore, if the coin increases and spikes above the channel, the potential resistance level could be located at 550 SAT and above. In other words, a lower sustainable move may cancel the bullish pattern which could attract new sellers to the market and bring it below the lower boundary of the channel to hit the support level of 350 SAT and below.

Origin Protocol Alternatives

The Origin Protocol price is seen trading above the 9-day and 21-day moving averages as the coin may kick-start an additional bullish run above $0.150 if the market price is near the upper boundary of the channel. However, the break above this barrier could be the first signal needed for the bullish to press higher.

Meanwhile, Bitcoin Minetrix stands out as the pioneer stake-to-mine initiative, enabling users to stake their BTCMTX tokens for the creation of credits, which can then be utilized for cloud mining time. By holding and staking these tokens, investors have the opportunity to earn BTC, and the presale has already raised almost $ 1 million.