OGN - Retracement Hello everybody,
Keeping this short and sweet ~ it is quite obvious OGN has struggled to overcome it's latest local resistance/support levels. Here, I have drawn out a simplistic version of my point of view with OGN.
OGN has successfully defended its support recently at .58, and tried to push back up, leading to a slow bleed over the weekend. As observed, OGN has also lost more than 50% of its original daily volume. (this is obviously expected after a 200% pump.) OGN seems to be cooling off for now however, retail need not to worry, as this is completely normal. If anything, this is bullish for OGN. Historically, OGN is known to dump right after large pumps. So there is still volume in the market. As of today (3/27/22) Daily Volume sits at $99.8M according to CoinMarketCap; showing that a majority of the big players have already exited their larger positions, and we are left with traders and retail mainly moving the market per usual.
A few things to keep in mind for this upcoming summer regarding Origin Protocol and it's team are; 1: the release and Airdrop of OGV to all OGN holders, 2: The full release of Origin Story (Origin Protocol's NFT Marketplace already hosting record breaking sales with celebrities like Paris Hilton and Tommy Trumpet.) Although, there are things like the Picasso flop, that included a great-grandson of Pablo Picasso selling "Picasso NFT's" leading to the great-grandson to denounce his artwork as his own, rather than Picassos.)
OGN seems to be a strong coin, not only because of its latest pump, but due to OUSD's staking capabilities, holders are also left with the choice to convert OGN, ETH, etc. into OUSD and let it compound without actually needing to lend the coin via reward pools.
OGN is surely a high potential coin, keeping its creators in mind, we aren't dealing with random run of the mill nobodies when it comes to OGN, there is Josh Fraser (CoFounder), Matthew Liu (CoFounder), Yu Pan (Founding Engineer, originally one of the 6 creators of PayPal and the 1st employee at YouTube.) And the list goes on.
There are plenty of reasons to buy OGN, and I'm sure there are plenty of reasons why people think they should sell their OGN, but I believe it could truly be something great someday.
not *FA*
COINBASE:OGNUSD
OGN
OGN (Origin Protocol) Token Analysis 28/03/2022Fundamental Analysis:
Origin Protocol is bringing NFTs and DeFi to the masses. Origin’s flagship products are Origin Story which has supported numerous high-profile NFT drops, and Origin Dollar (OUSD), the first stablecoin that earns a yield automatically in users’ wallets. Origin’s platform and governance token is OGN. Origin was founded in 2017 by successful Silicon Valley entrepreneurs and has a team of experienced engineers from iconic tech companies like YouTube, Google, PayPal, and DropBox.
Origin Protocol provides a platform for building peer-to-peer marketplaces and e-commerce applications. Users can buy or sell goods and services on these marketplaces, and developers can create their own applications powered by the Origin blockchain. The Origin token (“OGN”) is used as an incentive, payment, and governance token in the Origin ecosystem.
The current CoinMarketCap ranking is #200, with a live market cap of $248,801,973 USD. It has a circulating supply of 388,570,733 OGN coins and a max. supply of 1,000,000,000 OGN coins.
Technical Analysis:
The Token has fallen more than 90% Lower than its All Time High, it is at a very Discounted Price and Currently at the accumulation zone, soon the Smart Money effect shall Appear on the Price Value.
As the price value Start its Bullish trend From these kind of Discounted Zones such as Fib 78.6% or lower such as 85%, we can Rationally expect the ATH to be easily Achievable and ultimately developing the new cycle thus new ATH.
There are Total of 3 Targets defined by the Average Confluences of the Fibonacci Expansion and Fibonacci Trend Base Extension. these confluences Points can even be counted as the Major Pivot Points .
The 3 TP gets its confirmation as the Bullish trend Triggers the 2 TP followed by some Price correction and Reaccumulation. on its Up Formation rally.
OGN - Potential Daily Flipping Bearish Hello all,
Today I am publishing my outlook of OGN on the Daily TF, here I see a big fight between bulls/bears.
As you see, this latest daily candle is on the verge of completely engulfing the last. Showing that a larger retracement is possible. However, there is still 6 hours remaining on this candle - meaning that there is still a lot of time to flip this candle bullish again. This is unlikely, but there is always the possibility that it can happen.
I will post updates as I see things changing.
OGNUSD (origin protocol) Daily tf Range Updated till 19-3-22OGNUSD daily timeframe range, From 13 march 2022 to 19 march 2022 the ALT pumped over 200% that tells how massive a swing low accumulate position can be. actually spaces between its zone its huge which already been indicated if we check the past data of this alt . Dump from 19 may 2021, 07 September 2021 , 04 December 2021 etc. those moves and past pump a good indication of what we are seeing in 19 march 2022 how powerful the pump can be and same goes to dump.
Origin Protocol (OGN) Howdy?
today we gonna talk about OGN, Origin Protocol provides a platform for building peer-to-peer marketplaces and e-commerce apps. Users can buy or sell goods and services on these marketplaces, and developers can create their own applications powered by the Origin blockchain. The Origin token is used as an incentive, payment, and governance token in the Origin ecosystem.
0.66 level is very interesting for OGN cuz if we pass it and bitcoin doesn't correct then we can see higher levels for OGN and back to 1$
Spring is comin
OGN pullbackGauging my skills at spotting Pullbacks.
Target #1 0.3239
Target #2 0.2907
This is my Thesis, targets are purely hypothetical based on my analysis.
This is NOT Investment and/or Trading Advice.
Happy Trades!
❤️ If you enjoy my ideas, Please like/comment, it means a lot, Thank You! ❤️
BINANCE:OGNUSDTPERP
COINBASE:OGNUSD
🆓Origin Protocol (OGN) Feb-15 #OGN $OGN
After being rejected at $0.45, OGN corrected to $0.35, this is a good support where we can buy OGN and expect a rally in the near future. But the selling at $0.45 is very strong so we need to pay attention to this zone
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 0.35$ zone
🔴Buy : 0.35
🔴Sell : 0.45 - 0.55 - 0.65
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 0.35$ zone
🔵Sell : 0.35
🔵Buy : 0.3 - 0.25
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
$OGN Short 4 HoursHi and happy late new year,
So I'm still holding my $OGN but i think we'll still se some more retracement 0.4 -+ if that becomes our support and manage to build some consolidation, I can se we pump back again, still think it would take more than what i was expecting, then again I'm here because i believe in the project, OUSD looks like a promising stable coin
DYOR
Trade Safe