Ocean has huge upside potential in the coming weeks according to TA. Price action could lead to a second breakout. Assets that break out a second time their higher resistances have statistically higher chance of continuing doing so. The inverse head and shoulder is very deep hence price could explode quickly especially if price consolidate around 7cents with reduce volatility. On the fundamental perspective I believe that the current market cap of Ocean (around 20 million) does not reflect it's potential and it's current place in the crypto market. On a news side, they are releasing their V2 "Compute to Data" which is their biggest step yet Tuesday 19 May. Telegram sources mentioned that some marketplaces are already live with automobiles, logistic and healthcare groups as partners.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.