ORIGIN PROTOCOL - OGN/USD

- USD (-)

- Real time data - Cryptocompare

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Change:	-
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Type:	Cryptocurrencies
Ticker:	OGNUSD
ISIN:

ORIGIN PROTOCOL - OGN/USD - 1H - Technical analysis published on 12/07/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Bullish

Underlying: Bullish

Technical indicators

61%

11%

28%

My opinion

Bullish above 0.158700 USD

My targets

0.165243 USD (+2.05%)

0.172320 USD (+6.42%)

My analysis

All elements being rather bullish, it would be possible for traders to only trade long positions (at the time of purchase) on ORIGIN PROTOCOL - OGN/USD as long as the price remains well above 0.158700 USD. The buyers' bullish objective is set at 0.165243 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.172320 USD. If there is any crossing, the next objective would be the resistance located at 0.176711 USD. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bullish, basic trend. If you have another key point closer to the current price, it would be better to only trade long positions (at the time of purchase) above that key point.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

5.5

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The ORIGIN PROTOCOL - OGN/USD price is 0.161931 USD. The price is lower by -0.21% since the last closing and was between 0.159912 USD and 0.162687 USD. This implies that the price is at +1.26% from its lowest and at -0.46% from its highest.

0.159912

0.162687

0.161931

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Volumes scanner detects abnormal volumes on the asset:

Abnormal volumes

Timeframe : 5 days

Abnormal volumes

Timeframe : 20 days

Abnormal volumes

Timeframe : 50 days

Technical

Technical analysis of ORIGIN PROTOCOL - OGN/USD in 1H shows an overall bullish trend. The signals given by moving averages are 78.57% bullish. This bullish trend is slowing down slightly given the slightly bullish signals of short-term moving averages. The Central Indicators scanner detects bullish and bearish signals on moving averages that could impact this trend:

Bearish trend reversal : adaptative moving average 20

Type : Bearish

Timeframe : 1 hour

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : 1 hour

The probability of a further increase are moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly

RSI indicator is back over 50

Type : Bullish

Timeframe : 1 hour

Price is back under the pivot point

Type : Bearish

Timeframe : 1 hour

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Near support of channel

Type : Bullish

Timeframe : 1 hour

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.133121	0.148407	0.158700	0.161931	0.165243	0.172320	0.176711
Change (%)	-17.79%	-8.35%	-2.00%	-	+2.05%	+6.42%	+9.13%
Change	-0.028810	-0.013524	-0.003231	-	+0.003312	+0.010389	+0.014780
Level	Major	Intermediate	Major	-	Minor	Intermediate	Minor

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.145525	0.150667	0.156466	0.161608	0.167407	0.172549	0.178348
Camarilla	0.159257	0.160260	0.161263	0.162266	0.163269	0.164272	0.165275
Woodie	0.145855	0.150831	0.156796	0.161772	0.167737	0.172713	0.178678
Fibonacci	0.150667	0.154846	0.157428	0.161608	0.165787	0.168369	0.172549

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.089778	0.100082	0.118519	0.128823	0.147260	0.157564	0.176001
Camarilla	0.129051	0.131686	0.134320	0.136955	0.139590	0.142224	0.144859
Woodie	0.093844	0.102115	0.122585	0.130856	0.151326	0.159597	0.180067
Fibonacci	0.100082	0.111061	0.117844	0.128823	0.139802	0.146585	0.157564

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.034821	0.056117	0.096536	0.117832	0.158251	0.179547	0.219966
Camarilla	0.119983	0.125641	0.131298	0.136955	0.142612	0.148269	0.153927
Woodie	0.044383	0.060898	0.106098	0.122613	0.167813	0.184328	0.229528
Fibonacci	0.056117	0.079692	0.094257	0.117832	0.141407	0.155972	0.179547

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	48.70
MACD (12,26,9):	0.0000
Directional Movement:	-4.112754
AROON (14):	-21.428572
DEMA (21):	0.161510
Parabolic SAR (0,02-0,02-0,2):	0.157910
Elder Ray (13):	-0.000235
Super Trend (3,10):	0.167920
Zig ZAG (10):	0.161536
VORTEX (21):	0.9694
Stochastique (14,3,5):	75.76
TEMA (21):	0.161735
Williams %R (14):	-16.38
Chande Momentum Oscillator (20):	0.002869
Repulse (5,40,3):	1.1119
ROCnROLL:	1
TRIX (15,9):	-0.0097
Courbe Coppock:	1.11

MA7:	0.156360
MA20:	0.131216
MA50:	0.106280
MA100:	0.096320
MAexp7:	0.161927
MAexp20:	0.161575
MAexp50:	0.160914
MAexp100:	0.157166
Price / MA7:	+3.56%
Price / MA20:	+23.41%
Price / MA50:	+52.36%
Price / MA100:	+68.12%
Price / MAexp7:	+0.00%
Price / MAexp20:	+0.22%
Price / MAexp50:	+0.63%
Price / MAexp100:	+3.03%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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