The price of Origin Protocol\u00a0 (OGN) has struggled to break out of a range recently with few bullish signs against Tether (USDT).<\/p>\n
Origin Protocol could be set for a major rally after narrowly breaking out above key resistance as other crypto assets continue to trend higher with double-digit gains.<\/p>\n
Origin Protocol (OGN) Price Analysis On The Weekly Chart
\nWeekly OGN Price Chart Analysis | Source: OGNUSDT On Tradingview.com<\/p>\n
From the chart, the price of OGN saw a weekly low of $0.188, which bounced from that area and rallied to a price of $0.24.<\/p>\n
The price has struggled to build more momentum as it faces resistance at $0.24.<\/p>\n
If the price of OGN on the weekly chart continues with this structure, it could quickly revisit\u00a0 $0.2 acting as a good support area for buy bids.<\/p>\n
Weekly resistance for the price of OGN \u2013 $0.24.<\/p>\n
Weekly support for the price of OGN \u2013 $0.2.<\/p>\n
Price Analysis Of Origin Protocol On The Daily (1D) Chart
\nDaily OGN Price Chart Analysis | Source: OGNUSDT On Tradingview.com<\/p>\n
The price of OGN found strong support at $0.2, with what seems to be an area of interest on the daily chart.<\/p>\n
OGN bounced from its support and has rallied as it faces resistance at $0.24. The price of OGN has continued to range in a channel, breaking out of this channel could send the price of OGN to $0.4 where it will face a major resistance before trending higher in price.<\/p>\n
At the point of writing, the price of OGN is at $0.2440, narrowly above the 50 Exponential Moving Average (EMA) which corresponds to $0.240.<\/p>\n
OGN needs to hold above this support area that corresponds with the 50 EMA, a break below this region could send the price of OGN to $0.2<\/p>\n
The Relative Strength Index (RSI) for the price of OGN on the daily chart is above 40, indicating a low buy bid for OGN.<\/p>\n
Daily (1D) resistance for OGN price \u2013 $0.2440.<\/p>\n
Daily (1D) support for OGN price \u2013 $0.20.<\/p>\n
Price Analysis OF OGN On The Four-Hourly (4H) Chart
\nFour Hourly OGN Price Chart Analysis | Source: OGNUSDT On Tradingview.com<\/p>\n
The price of OGN is having a hard time breaking out the ranging channel, where it faces resistance at $0.2440.\u00a0<\/p>\n
On the low timeframe, the price of OGN has remained strong above the 50 and 200 EMA which corresponds to the price of $0.22 acting as support for OGN price. OGN holding above those important regions is good for a trend continuation.<\/p>\n
If OGN fails to hold this support due to a sell-off we could see the price of OGN in the region of $0.25.<\/p>\n
Four-Hourly (4H) resistance for OGN price \u2013 $0.244.<\/p>\n
Four-Hourly (4H) support for OGN price \u2013 $0.22.<\/p>\n
Featured image from currency, Charts from TradingView.com\u00a0<\/p>","protected":false},"excerpt":{"rendered":"
<\/p>\n
The price of Origin Protocol\u00a0 (OGN) has struggled to break out of a range recently with few bullish signs against Tether (USDT).<\/p>\n
Origin Protocol could be set for a major rally after narrowly breaking out above key resistance as other crypto assets continue to trend higher with double-digit gains.<\/p>\n
Origin Protocol (OGN) Price Analysis On The Weekly Chart
\nWeekly OGN Price Chart Analysis | Source: OGNUSDT On Tradingview.com<\/p>\n
From the chart, the price of OGN saw a weekly low of $0.188, which bounced from that area and rallied to a price of $0.24.<\/p>\n
The price has struggled to build more momentum as it faces resistance at $0.24.<\/p>\n
If the price of OGN on the weekly chart continues with this structure, it could quickly revisit\u00a0 $0.2 acting as a good support area for buy bids.<\/p>\n
Weekly resistance for the price of OGN \u2013 $0.24.<\/p>\n
Weekly support for the price of OGN \u2013 $0.2.<\/p>\n
Price Analysis Of Origin Protocol On The Daily (1D) Chart
\nDaily OGN Price Chart Analysis | Source: OGNUSDT On Tradingview.com<\/p>\n
The price of OGN found strong support at $0.2, with what seems to be an area of interest on the daily chart.<\/p>\n
OGN bounced from its support and has rallied as it faces resistance at $0.24. The price of OGN has continued to range in a channel, breaking out of this channel could send the price of OGN to $0.4 where it will face a major resistance before trending higher in price.<\/p>\n
At the point of writing, the price of OGN is at $0.2440, narrowly above the 50 Exponential Moving Average (EMA) which corresponds to $0.240.<\/p>\n
OGN needs to hold above this support area that corresponds with the 50 EMA, a break below this region could send the price of OGN to $0.2<\/p>\n
The Relative Strength Index (RSI) for the price of OGN on the daily chart is above 40, indicating a low buy bid for OGN.<\/p>\n
Daily (1D) resistance for OGN price \u2013 $0.2440.<\/p>\n
Daily (1D) support for OGN price \u2013 $0.20.<\/p>\n
Price Analysis OF OGN On The Four-Hourly (4H) Chart
\nFour Hourly OGN Price Chart Analysis | Source: OGNUSDT On Tradingview.com<\/p>\n
The price of OGN is having a hard time breaking out the ranging channel, where it faces resistance at $0.2440.\u00a0<\/p>\n
On the low timeframe, the price of OGN has remained strong above the 50 and 200 EMA which corresponds to the price of $0.22 acting as support for OGN price. OGN holding above those important regions is good for a trend continuation.<\/p>\n
If OGN fails to hold this support due to a sell-off we could see the price of OGN in the region of $0.25.<\/p>\n
Four-Hourly (4H) resistance for OGN price \u2013 $0.244.<\/p>\n
Four-Hourly (4H) support for OGN price \u2013 $0.22.<\/p>\n
Featured image from currency, Charts from TradingView.com\u00a0<\/p>\n
<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"colormag_page_layout":"default_layout","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[82],"tags":[],"class_list":["post-5701","post","type-post","status-publish","format-standard","hentry","category-blockchain"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/posts\/5701","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/comments?post=5701"}],"version-history":[{"count":0,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/posts\/5701\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/media?parent=5701"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/categories?post=5701"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/tags?post=5701"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}