Token

Resistance

Oasis

<ul class="list-ic vertical">
 <li><span>1</span> <a>The ROSE crypto has displayed a sign of revival as the price bounced back.</a></li>
 <li><span>2</span> <a>This coin is rising steadily and strongly as it remains above major EMA’s.</a></li>
</ul>
<p>Oasis Networks (ROSE) is a blockchain platform that enables blockchain developers to build fast, secure, and private business applications (dApps) that safeguard user data.</p>
<p>Oasis Networks (ROSE) is mainly used for creating dApps that need user privacy and security.&nbsp;</p>
<p>It achieves this by using security tools that allow the blockchain to handle sensitive information without exposing it to others. It can also be used for online payments and transfers between different cryptocurrency platforms.&nbsp;</p>
<p>The consensus layer is a blockchain that uses PoS and is secured by a decentralized network of validator nodes run by independent nodes. The consensus layer is different from the execution layer, which is verified by fraud proofs.</p>
<p>On the Oasis Network’s Cipher ParaTime, nodes use a secure computing technology called a TEE, which works as a black box for executing confidential smart contracts in a confidential ParaTime.</p>
<p>The data is encrypted before it goes into the black box with the smart contract, decrypted and processed by the smart contract, and encrypted again before it comes out of the TEE. It ensures that the data is kept secret and not leaked to the node operator or the app developer.</p>
<h2 class="wp-block-heading" id="strong-is-oasis-network-ready-for-another-spike-strong"><strong>Is Oasis Network Ready for Another Spike?</strong></h2>
<div class="wp-block-image">
 <figure class="aligncenter"><img loading="lazy" decoding="async" width="1504" height="808" src="https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-320.png" alt="The Oasis Networks (ROSE) Is Rising Upward, Will It Still Rise?" class="wp-image-183919" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-320.png 1504w, https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-320-300x161.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-320-1024x550.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-320-768x413.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-320-750x403.png 750w, https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-320-1140x612.png 1140w" sizes="(max-width: 1504px) 100vw, 1504px">
  <figcaption class="wp-element-caption">
   Source: ROSE/USD: COINBASE.1.D.&nbsp; by TradingView
  </figcaption>
 </figure>
</div>
<p>The ROSE started advancing around October last week from $0.0400 and reached a high of around $0.7500. The resistance was high and the ROSE price took a pause at the same level.</p>
<p>This coin has displayed a sign of revival as the price bounced back from a critical level of around $0.06501 on the charts. It is experiencing a decline of 4.30% in the last 24 hours, trading at $0.08017.</p>
<p>It seems like the ROSE crypto is poised for a spectacular rally, as it prepares to smash the resistance level and soar to new heights from the current support zone</p>
<p>This coin is showing bullish traits and it can achieve more growth. It has demonstrated good performance in the past month, and three months, by 116.41% and 9.64% indicating a reliable upward trend.</p>
<p>However, if the demand for the ROSE Token remains high, the asset price could bounce back from the current level. The next goal for the ROSE price is to reach $0.09001.</p>
<p>The ROSE coin is rising steadily and strongly as it remains above major EMA’s, indicating bullish strength. However, if this coin’s price fails to stay above the $0.07500 level, it could decline further.</p>
<div class="wp-block-image">
 <figure class="aligncenter"><img loading="lazy" decoding="async" width="1504" height="808" src="https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-321.png" alt="The Oasis Networks (ROSE) Is Rising Upward, Will It Still Rise?" class="wp-image-183920" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-321.png 1504w, https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-321-300x161.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-321-1024x550.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-321-768x413.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-321-750x403.png 750w, https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-321-1140x612.png 1140w" sizes="(max-width: 1504px) 100vw, 1504px">
  <figcaption class="wp-element-caption">
   Source: ROSE/USD: COINBASE.1.D. by TradingView
  </figcaption>
 </figure>
</div>
<h4 class="wp-block-heading"><strong>Summary</strong></h4>
<p>The<a href="https://www.thecoinrepublic.com/2023/12/10/everything-you-need-to-know-about-bitcore-a-utxo-fork-of-bitcoin-2/" target="_blank" rel="noopener noreferrer nofollow"> ROSE crypto</a> has displayed a sign of revival as the price bounced back from a critical level of around $0.06500 on the charts. It seems like this coin is poised for a spectacular rally as it is rising steadily and strongly as it remains above major EMA’s, indicating bullish strength.</p>
<p>Therefore, if the demand for the ROSE Token remains high, the asset price could bounce back from the current level. The next goal for the ROSE price is to reach $0.09001.</p>
<h4 class="wp-block-heading"><strong>Technical Levels</strong></h4>
<p><strong>Support Levels</strong>: $0.07500</p>
<p><strong>Resistance Levels</strong>: $0.09000</p>
<h4 class="wp-block-heading"><strong>Disclaimer</strong></h4>
<p>In this article, the views, and opinions stated by the author, or any people named are for informational purposes only, and they don’t establish the investment, financial, or any other advice. Trading or investing in cryptocurrency assets comes with a risk of financial loss.</p>

The Oasis Networks (ROSE) Is Rising Upward, Will It Still Rise?

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