{"id":432163,"date":"2023-08-22T20:26:17","date_gmt":"2023-08-22T20:26:17","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=432163"},"modified":"2023-08-23T04:19:41","modified_gmt":"2023-08-23T04:19:41","slug":"orchid-price-prediction-for-today-august-22-oxt-technical-analysis","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/orchid-price-prediction-for-today-august-22-oxt-technical-analysis","title":{"rendered":"Orchid Price Prediction for Today, August 22 &#8211; OXT Technical Analysis"},"content":{"rendered":"<p>The Orchid price prediction shows that OXT may stay above the 9-day and 21-day moving averages to begin the upward trend.<\/p>\n<h2>Orchid Prediction Statistics Data:<\/h2>\n<ul>\n<li>Orchid price now &ndash; $0.064<\/li>\n<li>Orchid market cap &ndash; $63.8 million<\/li>\n<li>Orchid circulating supply &ndash; 962.6 million<\/li>\n<li>Orchid total supply &ndash; 1 billion<\/li>\n<li>Orchid Coinmarketcap ranking &ndash; #299<\/li>\n<\/ul>\n<h2>OXT\/USD Market<\/h2>\n<p>Key Levels:<\/p>\n<p>Resistance levels: $0.090, $0.100, $0.110<\/p>\n<p>Support levels: $0.040, $0.030, $0.020<\/p>\n<figure id=\"attachment_432166\" aria-describedby=\"caption-attachment-432166\" style=\"width: 1067px\" class=\"wp-caption alignnone\"><img decoding=\"async\" class=\"wp-image-432166 size-full\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/08\/OXTUSD_21082023.png\" alt=\"Orchid Price Prediction for Today, August 22: OXT Technical Analysis\" width=\"1067\" height=\"554\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/08\/OXTUSD_21082023.png 1067w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/08\/OXTUSD_21082023-300x156.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/08\/OXTUSD_21082023-1024x532.png 1024w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/08\/OXTUSD_21082023-768x399.png 768w\" sizes=\"(max-width: 1067px) 100vw, 1067px\"><figcaption id=\"caption-attachment-432166\" class=\"wp-caption-text\">OXTUSD &ndash; Daily Chart<\/figcaption><\/figure>\n<p><a href=\"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/buy-orchid\">OXT\/USD<\/a> is currently changing hands at around $0.064 as the coin touches the daily high at $0.067 with a market cap of $63.9 million. Today&rsquo;s trading begins with upward movement as the coin crosses above the 9-day and 21-day moving averages. According to the daily chart, traders are anticipating that the current price movement is an indication of the upcoming price rally in the market.<\/p>\n<h2>Orchid Price Prediction: Orchid May Gain More Uptrends<\/h2>\n<p>Looking at the daily chart, the next step for the <a href=\"https:\/\/insidebitcoins.com\/news\/orchid-price-prediction-for-today-august-6-oxt-usd-could-stay-above-0-075-resistance\">Orchid price<\/a> is to stay above the 9-day and 21-day moving averages. Once this is confirmed, bulls may now push the coin toward the upper boundary of the channel which could hit the resistance levels at $0.090, $0.100, and $0.110.<\/p>\n<p>However, as the technical Indicator Relative Strength Index (14) moves above the 50-level, OXT\/USD may continue to face the upside, once this plays out, it can manage to sustain the bullish movement above the 9-day and 21-day moving averages. Meanwhile, if the price slides and head toward the lower boundary of the channel, the support levels could be found at $0.040, $0.030, and $0.020 respectively.<\/p>\n<h2>OXT\/BTC Bullish Bias Continues<\/h2>\n<p>When compares with Bitcoin, the <a href=\"https:\/\/insidebitcoins.com\/visit\/etoro-news\" rel=\"nofollow\">Orchid<\/a> price is moving bullishly above the 9-day and 21-day moving averages as the coin heads to the north. At the moment, bulls are to push the coin above the upper boundary of the channel as the technical Indicator Relative Strength Index (14) moves to cross above the 60-level.<\/p>\n<figure id=\"attachment_432165\" aria-describedby=\"caption-attachment-432165\" style=\"width: 1067px\" class=\"wp-caption alignnone\"><img decoding=\"async\" class=\"wp-image-432165 size-full\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/08\/OXTBTC_21082023.png\" alt=\"Orchid Price Prediction for Today, August 22: OXT Technical Analysis\" width=\"1067\" height=\"554\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/08\/OXTBTC_21082023.png 1067w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/08\/OXTBTC_21082023-300x156.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/08\/OXTBTC_21082023-1024x532.png 1024w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/08\/OXTBTC_21082023-768x399.png 768w\" sizes=\"(max-width: 1067px) 100vw, 1067px\"><figcaption id=\"caption-attachment-432165\" class=\"wp-caption-text\">OXTBTC &ndash; Daily Chart<\/figcaption><\/figure>\n<p>Moreover, if the buyers push the market price above the channel, OXT\/BTC could rise to hit the resistance level of 320 SAT and above. On that note, the continuation of the bullish movement may keep the price above the moving averages. In other words, if the bears step into the market and bring the coin below the opening price of 225 SAT, any further bearish movement may cause the coin to hit the support level of 160 SAT and below.<\/p>\n<h2>Orchid (OXT) Alternatives<\/h2>\n<p>According to the daily chart, the Orchid bulls are coming into focus, and if the buyers put more effort, pushing the coin above the resistance level of $0.070 may create additional gains and this could encourage more buyers to invest in the coin.<\/p>\n<p>Meanwhile, the presale for the new meme coin <a href=\"https:\/\/insidebitcoins.com\/visit\/wallstreetmemes\" rel=\"nofollow\">Wall Street Memes ($WSM)<\/a> has now raised over $25 million and has entered its final stage ahead of the coin&rsquo;s official exchange launch. However, the presale has now progressed through 30 stages, gradually increasing the $WSM price as it meets fundraising milestones.<\/p>\n                                        <div class=\"inContentProviderSingle inContentColor--insidebitcoins fc-row\">\n                        <div class=\"inContentProviderSingle--wrapper\">\n                            <div class=\"container\">\n                                <div class=\"row mb-lg-3\">\n                                    <div class=\"col-12 col-md-8\">\n                                        <p class=\"inContentProviderSingle--title\">New OKX Listing - Wall Street Memes<\/p>\n                                    <\/div>\n                                    <div class=\"col-12 col-md-4\">\n                                        <div class=\"inContentProviderSingle--rating\">\n                                            <div class=\"rating--holder\">\n                                                <p class=\"rating--text\">Rating<\/p>\n                                                <div class=\"rating--star-container\">\n                                                    <div class=\"rating--star\" style=\"width: 100%;\"><\/div>\n                                                <\/div>\n                                            <\/div>\n                                        <\/div>\n                                    <\/div><!--\/.col-md-4-->\n                                <\/div><!--\/.row-->\n                                <div class=\"row\">\n                                    <!-- *******  Desktop Provider Logo ********** -->\n                                    <div class=\"col-12 col-md-12 text-center d-block d-sm-block d-md-none d-lg-none\">\n                                        <img decoding=\"async\" class=\"inContentProviderSingle--img mb-3\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/05\/wall-street-memes.svg\" alt=\"Wall Street Memes\" width=\"125\" height=\"60\">\n                                    <\/div>\n\n                                    <div class=\"col-12 col-md-8\">\n                                                                                    <ul class=\"inContentProviderSingle--list\">\n                                                                                                    <li>Established Community of Stocks &amp; 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Orchid Prediction Statistics Data: <a class=\"read-more-link\" href=\"https:\/\/insidebitcoins.com\/news\/in-content-providers\/wall-street-memes\" title=\"Wall Street Memes\">[&#8230;]<\/a><\/div>","protected":false},"author":1742,"featured_media":432164,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"_lmt_disableupdate":"no","_lmt_disable":"","footnotes":""},"categories":[1],"tags":[13047,13120,13071,7992],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.0 (Yoast SEO v22.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Orchid Price Prediction for Today, August 22 - OXT Technical Analysis<\/title>\n<meta name=\"description\" content=\"The Orchid price prediction shows that OXT may stay above the 9-day and 21-day moving averages to begin the upward trend.\" \/>\n<meta name=\"robots\" content=\"max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/432163\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Orchid Price Prediction for Today, August 22 - OXT Technical Analysis\" \/>\n<meta property=\"og:site_name\" content=\"InsideBitcoins.com\" \/>\n<meta property=\"article:published_time\" content=\"2023-08-22T20:26:17+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-08-23T04:19:41+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/08\/orchid-oxt-logo-1.png\" \/>\n\t<meta property=\"og:image:width\" content=\"480\" \/>\n\t<meta property=\"og:image:height\" content=\"480\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Azeez Mustapha\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ItuGlobal\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Azeez Mustapha\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/432163#article\",\"isPartOf\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/432163\"},\"author\":{\"name\":\"Azeez Mustapha\",\"@id\":\"https:\/\/insidebitcoins.com\/#\/schema\/person\/0e3e45af228d02da2a4f4ff4b82454b8\"},\"headline\":\"Orchid Price Prediction for Today, August 22 &#8211; 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He has broad experience in forex trading, coaching, and funds management. Azeez provides daily articles covering the price movements of major cryptocurrencies, and has contributed to a range of respected publications and trading magazines. Find his other published work on Learn2.trade, and CryptoSignals.org.","sameAs":["https:\/\/www.linkedin.com\/in\/azeez-mustapha-0825565b\/","https:\/\/twitter.com\/ItuGlobal"],"url":"https:\/\/insidebitcoins.com\/news\/author\/azeezmustaph"}]}},"modified_by":"Azeez Mustapha","_links":{"self":[{"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/432163"}],"collection":[{"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/users\/1742"}],"replies":[{"embeddable":true,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/comments?post=432163"}],"version-history":[{"count":3,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/432163\/revisions"}],"predecessor-version":[{"id":432202,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/432163\/revisions\/432202"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/media\/432164"}],"wp:attachment":[{"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/media?parent=432163"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/categories?post=432163"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/tags?post=432163"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}