Resistance

OpenOcean

<ul class="list-ic vertical">
 <li><span>1</span> <a>OOE crypto price is facing weakness in the last few trading sessions.</a></li>
 <li><span>2</span> <a>OpenOcean crypto price has declined by almost 4.42% this week.</a></li>
</ul>
<p>OpenOcean operates as a comprehensive aggregator for cryptocurrency transactions, pooling resources from decentralized and centralized finance, while facilitating transactions across different blockchain networks. It employs a sophisticated routing system to secure optimal pricing from various decentralized and centralized exchanges, optimizing the trade path to ensure competitive rates, minimal price difference, and swift execution. Users can access this service at no additional cost, with only standard network and exchange transaction fees applicable.</p>
<p>The native token of <a href="https://www.thecoinrepublic.com/2024/03/03/openocean-ooe-triggered-breakout-can-ooe-fetch-0-03000/" rel="noopener noreferrer nofollow">OpenOcean</a>, OOE, serves both as a governance and utility asset within the ecosystem. It grants protocol users certain functionalities and empowers the community to influence the platform’s direction through proposal submissions and voting on key decisions such as protocol configurations, exchange integrations, and potential new blockchain additions.</p>
<h2 class="wp-block-heading" id="strong-technical-analysis-of-ooe-crypto-strong"><strong>Technical Analysis of OOE Crypto</strong></h2> 
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<p>OOE crypto is showing weakness in the latest trading sessions and heading towards the lower levels. However, the overall trend is bullish as the probability of the bounce back is high.</p>
<p>At press time, the OOE crypto price was trading at $0.022 with an intraday gain of 2.93%, indicating weakness on the charts. It has a monthly return of 27% showing long-term bullishness. It has a market cap of $11,625,542. Analysts are bullish and suggest the OOE price will attain higher levels in upcoming sessions.</p>
<p>Over a week, OOE crypto has experienced a decrease of approximately 4.42%. Moreover, the coin has grown by almost 27.63% in a month, and 31% in the last 3 months. It gave an outstanding return of 117.77% in the last 6 months and grew by 31% year to date. The data shows the recent weakness in the price.</p>
<p>Currently, OOE crypto is trading above its 50-day and 200-day daily moving averages (DMA), which supports the price momentum. The current RSI value is 47 points. The 14 SMA is close to the midline at 48.47 points, indicating a neutral trend for crypto.&nbsp;</p>
<p>There is a bearish crossover on the MACD indicator, which indicates a weakness in the price momentum of the HIVE cryptocurrency. Technical indicators also support the weakness in the price. These signals indicate that the cryptocurrency could face mild weakness in recent times.</p>
<h3 class="wp-block-heading" id="strong-summary-strong"><strong>Summary</strong></h3>
<p>OOE price prediction is bullish for the long term till it sustains above key dynamic supports or key EMA levels. It displayed a bullish momentum which further boosted the confidence of investors. The technical analysis suggests that OOE will reverse course amid bullish momentum and might continue on that path in the coming months.&nbsp;</p>
<h4 class="wp-block-heading"><strong>Technical Levels</strong></h4>
<p>Support Levels: $0.022370 and $0.019885</p>
<p>Resistance Levels: $0.026 and $0.032</p>
<h4 class="wp-block-heading"><strong>Disclaimer</strong></h4>
<p>This article is for informational purposes only and does not provide any financial, investment, or other advice. The author or any people mentioned in this article are not responsible for any financial loss that may occur from investing in or trading. Please do your research before making any financial decisions.</p>

OpenOcean Price Forecast: What’s Next In the OOE Price Chart?

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Thecoinrepublic.com

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