The Hourly View for Origin Protocol
- At the moment, OGN’s price is up $0 (0.36%) from the hour prior.
- This is the 2nd hour in a row Origin Protocol has seen its price head up.
- From a hourly perspective, the market looks fairly choppy; clear trends aren’t showing up on the 20, 50 and 100 hour timeframes.
- Regarding moving averages, it should first be noted that price has crossed the 50 hour moving average, resulting in them so that price is now turning above it. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.
- Divergence between OGN’s price and its RSI may be manifesting. As such, be on the lookout for trend reversal in OGN’s price.
https://storage.googleapis.com/sjn-charts/oneaidmts/OGN-1627462578.17961.png
Origin Protocol’s hourly price chart is shown below.
The Daily View for Origin Protocol
- Currently, OGN’s price is up $0.01 (0.71%) from the day prior.
- Origin Protocol has seen its price go up 4 out of the past 5 days, thus creating some compelling opportunities for bulls.
- As for the trend on the daily timeframe, we see the clearest trend on the 100 day timeframe.
- The moving averages on the daily timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.
Below is a daily price chart of Origin Protocol.
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The post Origin Protocol is Up for the 2nd Day in a Row appeared first on CFDTrading.
This post first appeared on Complete CFD Trading Guide, News And Analysis, please read the originial post: here
