Origin Protocol Price Prediction for Today, September 4

Origin Protocol Price Prediction for Today, September 4 – OGN Technical Analysis

Updated: 05 September 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 – $0.074
OGN market cap – $41.5 million
OGN circulating supply – 559.6 million
OGN total supply – 1.0 billion
OGN Coinmarketcap ranking – #390

OGN/USD Market

Key Levels:

Resistance levels: $0.100, $0.110, $0.120

Support levels: $0.050, $0.040, $0.030

Origin Protocol Price Prediction for Today, September 4 – OGN Technical Analysis — 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 at the upside, if the Origin Protocol price continues to grind higher, the first resistance level may come at $0.080 as this could also be followed by $0.090. However, additional resistance may also be found at $0.100, $0.110, and $0.120 respectively. On the other side, if the Origin Protocol price slides below the lower boundary of the channel, it could hit the first support level at $0.060.

However, staying below the channel 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 40-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.

OGN/BTC May Go Bullish

Against Bitcoin, the daily chart shows that the Origin Protocol price is likely to cross above the 9-day and 21-day moving averages as the coin trades around 289 SAT. However, as soon as the coin crosses above the moving averages, there is a possibility that additional benefits could be obtained in the long term. Therefore, the next resistance key toward the upside could be at 400 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. Meanwhile, the Relative Strength Index (14) is likely to cross above the 50-level as more bullish signals could play out.

Alternatives to Origin Protocol

The Origin Protocol price has been experiencing significant boosts that could push the coin above the 9-day and 21-day moving averages. However, 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 $0.090 level if it continues to follow the positive direction.

While several popular tokens are experiencing a downturn, the $WSM token is holding strong with a consistent “buy” rating, thanks to its incredibly low presale price. It has already accumulated a remarkable $25 million in gains. Make a prudent move by securing some tokens at their current price point before they skyrocket.

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