Oasis

Million

Resistance

<ul class="list-ic vertical">
 <li><span>1</span> <a>Oasis (ROSE) crypto price witnessed a decline in the trading volume and price.</a></li>
 <li><span>2</span> <a>The technical indicators are suggesting a possible rebound from the 100-Day EMA mark.</a></li>
</ul>
<p>The Oasis price (ROSE) token price witnessed a retracement and sellers are engaging and attempting to push the token toward the 100-Day EMA mark. The price is in a rising wedge formation, forming the higher high swings. If the token slips below the $0.1400, a sharp fall can be seen shortly. Amidst the significant upmove, profit booking at the highs is a nominal move, but the support zone of $0.1400 needs to be secure to maintain the bullishness.</p>
<p>At press time, ROSE was trading at $0.1513 with an intraday drop of 6.02%, indicating neutrality on the charts. It has a monthly return ratio of 22.76% and 133.30% on a yearly basis. The pair of ROSE/BTC is at 0.000225 BTC, and the market cap is $226.52 Million. Analysts are neutral and suggest that <a href="https://www.thecoinrepublic.com/2024/02/26/oasis-network-can-rose-crypto-boost-soon-reach-higher-levels/" rel="noopener noreferrer nofollow">ROSE crypto</a> price may reflect volatile swings and will rebound soon.</p>
<h2 class="wp-block-heading" id="strong-oasis-crypto-at-50-day-ema-mark-what-s-next-bounce-or-selloff-strong"><strong>Oasis Crypto At 50-Day EMA Mark, What’s Next Bounce Or Selloff?</strong></h2> <iframe loading="lazy" title="Santiment Chart: Price (ROSE), Volume (ROSE)" width="1170" height="425" src="https://embed.santiment.net/chart?ps=oasis-network&amp;pt=ROSE&amp;df=2023-10-10T00%3A00%3A00.000Z&amp;dt=2024-03-17T18%3A29%3A59.464Z&amp;emcg=1&amp;emhwm=1&amp;wm=price_usd%3Bvolume_usd&amp;wax=0%3B1&amp;wc=%232e934a%3B%23c6c8ce&amp;ws=%7B%22interval%22%3A%221d%22%2C%22node%22%3A%22candle%22%7D%3B%7B%22interval%22%3A%221d%22%7D" scrolling="no"></iframe>
<p>The chart shows that sellers are want to push the token below the 50-Day EMA, forming follow-on bearish candlesticks and signifying the underperformance this week. Additionally, the trading volume also dropped over 25% to $56.80 Million this week, revealing a decline in investor interest. However, the token trades near the crucial trendline support zone of $0.1500 and further selloff may lead to a sharp decline soon.</p>
<h2 class="wp-block-heading" id="strong-price-volatility-and-weighted-sentiment-analysis-strong"><strong>Price Volatility and Weighted Sentiment Analysis</strong></h2> <iframe loading="lazy" title="Santiment Chart: Weighted sentiment (Total) (ROSE), Price Volatility 1w (ROSE)" width="1170" height="425" src="https://embed.santiment.net/chart?ps=oasis-network&amp;pt=ROSE&amp;df=2023-10-10T00%3A00%3A00.000Z&amp;dt=2024-03-17T18%3A29%3A59.464Z&amp;emcg=1&amp;emhwm=1&amp;wm=sentiment_volume_consumed_total%3Bprice_volatility_1w&amp;wax=0%3B1&amp;wc=%233b6dc6%3B%23FF5B5B&amp;ws=%7B%22interval%22%3A%221d%22%7D%3B" scrolling="no"></iframe>
<p>Per the Santiment data, the price volatility noted a bounce amidst the price decline, revealing that buyers are losing momentum and a further decline may be seen soon.</p>
<p>Moreover, the total weighted sentiment remained on a declining note and dragged by over 20% to a negative value of -0.565, replicating the bearish sentiment.</p>
<h3 class="wp-block-heading" id="strong-social-dominance-and-volume-outlook-strong"><strong>Social Dominance and Volume Outlook</strong></h3> <iframe loading="lazy" title="Santiment Chart: Social Dominance (ROSE), Social Volume (ROSE)" width="1170" height="425" src="https://embed.santiment.net/chart?ps=oasis-network&amp;pt=ROSE&amp;df=2023-08-31T00%3A00%3A00.000Z&amp;dt=2024-03-17T18%3A29%3A59.484Z&amp;emcg=1&amp;emhwm=1&amp;wm=social_dominance_total%3Bsocial_volume_total&amp;wax=0%3B1&amp;wc=%23FF5B5B%3B%23c2e0e7&amp;ws=%7B%22interval%22%3A%221d%22%7D%3B%7B%22interval%22%3A%221d%22%7D" scrolling="no"></iframe>
<p>The Oasis token noted a steep decline and has slipped by over 35% to 0.099%, revealing the drop in the investor interest. Likewise, the social volume witnessed a steady move and the value was noted at 12.</p>
<h4 class="wp-block-heading"><strong>Development Activity and RSI Overview</strong></h4> <iframe loading="lazy" title="Santiment Chart: RSI 7d (ROSE), Development Activity (ROSE), Dev. Activity Contributors Count (ROSE)" width="1170" height="425" src="https://embed.santiment.net/chart?ps=oasis-network&amp;pt=ROSE&amp;df=2023-08-31T00%3A00%3A00.000Z&amp;dt=2024-03-17T18%3A29%3A59.484Z&amp;emcg=1&amp;emhwm=1&amp;wm=rsi_7d%3Bdev_activity%3Bdev_activity_contributors_count&amp;wax=0%3B1%3B2&amp;wc=%23FF5B5B%3B%238358FF%3B%23FFCB47&amp;ws=%7B%22__appliedInterval%22%3Atrue%2C%22interval%22%3A%227d%22%7D%3B%7B%22transform%22%3A%7B%22type%22%3A%22moving_average%22%2C%22movingAverageBase%22%3A21%7D%2C%22node%22%3A%22area%22%7D%3B" scrolling="no"></iframe>
<p>Following the price retracement, the development activity and the contributors’ count activity noted a significant decline. The development data was noted at 42.20 with a decline of over 8% this week, whereas the contributors count dragged 56% to 5.</p>
<p>The Relative Strength index (RSI) curve noted a negative divergence and the value stayed near the midline. Furthermore, the total supply of the token is 10 billion, whereas the volume to market cap is 0.267.</p>
<h3 class="wp-block-heading" id="strong-summary-strong"><strong>Summary</strong></h3>
<p>The Oasis crypto (ROSE) price witnessed a price retracement and is hovering near the 50-Day EMA mark. Moreover, the token is displaying short buildup activity and is revealing bearish dominance.</p>
<h4 class="wp-block-heading"><strong>Technical Levels</strong></h4>
<p><strong>Support Levels:</strong> $0.1480 and $0.1400</p>
<p><strong>Resistance Levels:</strong> $0.1670 and $0.1700</p>
<h4 class="wp-block-heading"><strong>Disclaimer</strong></h4>
<p>The views and opinions stated by the author or any other person named in this article are for informational purposes only and do not constitute financial, investment, or other advice.&nbsp;</p>

Oasis Price Prediction: Can ROSE Attain Pullback From $0.1500?

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Thecoinrepublic.com

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