Buy Trade Idea for OFNDescription
OFN (Open Finance Network) is an emerging cryptocurrency that brings valuable fundamentals to the blockchain ecosystem. Here are the key reasons why a buy trade for OFN could be a compelling opportunity:
- **Decentralized Finance (DeFi) Platform:** OFN offers a comprehensive suite of d
#OFN/USDT#OFN
The price is moving within a bearish channel pattern on the 12-hour frame, which is a strong retracement pattern and was broken to the upside.
We have a bounce from a major support area in green at 0.1700
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on th
#OFN/USDT#OFN
We have a bearish channel pattern on a 4-hour frame, the price moves within it and adheres to its limits well
We have a green support area at 0.4500 after the price touched it and bounced from it
We have a tendency to stabilize above moving average 100
We have an uptrend on the RSI indicator t
#OFN/USDT#OFN
We have a bearish channel pattern on a 1-hour frame, the price moves within it and adheres to its limits well, and it is about to break upwards.
We have a green support area at 0.5300
We have a tendency to stabilize above moving average 100
We have a downtrend on the RSI indicator that support
#OFN/USDT#OFN
The price is moving in a bearish channel on a 4-hour frame and we have a support area in green at the 0.500 level.
Now we have a breakout that is about to occur well after bouncing from the green zone
Our RSI indicator has a trend that is about to break to the upside
Entry price is 0.690
The
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Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of OFNUSDT SPOT (OFN) is 0.08784 USDT — it has risen 0.72% in the past 24 hours. Try placing this info into the context by checking out what coins are also gaining and losing at the moment and seeing OFN price chart.
OFNUSDT SPOT price has fallen by −14.69% over the last week, its month performance shows a −33.31% decrease, and as for the last year, OFNUSDT SPOT has decreased by −29.70%. See more dynamics on OFN price chart.
Keep track of coins' changes with our Crypto Coins Heatmap.
Keep track of coins' changes with our Crypto Coins Heatmap.
OFNUSDT SPOT (OFN) reached its highest price on Oct 24, 2023 — it amounted to 1.40000 USDT. Find more insights on the OFN price chart.
See the list of crypto gainers and choose what best fits your strategy.
See the list of crypto gainers and choose what best fits your strategy.
OFNUSDT SPOT (OFN) reached the lowest price of 0.06000 USDT on Oct 24, 2023. View more OFNUSDT SPOT dynamics on the price chart.
See the list of crypto losers to find unexpected opportunities.
See the list of crypto losers to find unexpected opportunities.
The safest choice when buying OFN is to go to a well-known crypto exchange. Some of the popular names are Binance, Coinbase, Kraken. But you'll have to find a reliable broker and create an account first. You can trade OFN right from TradingView charts — just choose a broker and connect to your account.
Crypto markets are famous for their volatility, so one should study all the available stats before adding crypto assets to their portfolio. Very often it's technical analysis that comes in handy. We prepared technical ratings for OFNUSDT SPOT (OFN): today its technical analysis shows the strong sell signal, and according to the 1 week rating OFN shows the sell signal. And you'd better dig deeper and study 1 month rating too — it's buy. Find inspiration in OFNUSDT SPOT trading ideas and keep track of what's moving crypto markets with our crypto news feed.
OFNUSDT SPOT (OFN) is just as reliable as any other crypto asset — this corner of the world market is highly volatile. Today, for instance, OFNUSDT SPOT is estimated as 9.18% volatile. The only thing it means is that you must prepare and examine all available information before making a decision. And if you're not sure about OFNUSDT SPOT, you can find more inspiration in our curated watchlists.
You can discuss OFNUSDT SPOT (OFN) with other users in our public chats, Minds or in the comments to Ideas.