Based

Oasis

Resistance

<ul class="list-ic vertical">
 <li><span>1</span> <a>The ROSE price has been following a downward trendline, and technical indicators like the MACD and RSI suggest further potential decline.</a></li>
 <li><span>2</span> <a>The trading volume and price correlation chart from Santiment suggests waning interest.&nbsp;</a></li>
</ul>
<p>The price of ROSE has been in favor of buyers earlier. It rose from the demand zone of $0.0400 to the supply level at $0.1800. ROSE broke through all intermediate resistance levels during its upward movement, including $0.07750 and $0.14450.</p>
<p>However, at the higher resistance level of $0.1800, the battle between bulls and bears got intense. Due to the bear’s strong existence at the top price level, the bulls ended up losing their ground and started deteriorating on the daily chart.&nbsp;</p>
<p>However, ROSE crypto has demonstrated a descent by following a downward trendline, as the price decreased from a crucial supply price level of around $0.1800 on the chart. If the ROSE crypto falls more, this tremendous drop could persist, as it has already reached the resistance level and started falling on the daily chart.</p>
<h2 class="wp-block-heading" id="strong-rose-crypto-indicator-analysis-over-1-d-chart-strong"><strong>ROSE Crypto Indicator Analysis Over 1-D Chart</strong></h2>
<p>The ROSE asset is showing bearishness and falling potential as it declines and makes a lower low structure side by side with a declining trendline. Also, the price structure is in-between major trend 20-day and 50-day EMAs.</p>
<p>Similarly, the ROSE asset illustrates a bearish prospect as MACD exhibits a bearish crossover, and the RSI is decreasing gradually, currently at 40.97. This forecasts that the ROSE crypto asset is losing traction and can reach new lows after taking another possible decline from a declining trendline.</p>
<p>Observing the overall chart of the ROSE crypto asset demonstrates bearish behavior and shows that it has more room to decrease. It has achieved a bad performance in the last week by -7.78% and a month by -21.85% despite being in an uptrend for so long from the previous quarter. Thus implying a robust downward direction dip possible in the coming day’s session on the daily chart.</p>
<p>The current trading price of ROSE is $0.12797, which has seen a slight intraday decline of 0.02%. Based on the current price action, if the price continues to decline and breaks the nearest major support of $0.11750, its price may dip further. However, if the price gains sudden buying pressure and breaks the trendline resistance, it may reach the targets of $0.14100 and $0.18000.</p> 
<p><a href="https://in.tradingview.com/chart/ROSEUSD/KZeUntjX-the-ROSE-asset-illustrates-a-bearish-prospect/" rel="noopener noreferrer nofollow"></a><a href="https://in.tradingview.com/u/Sam_TCR/" rel="noopener noreferrer nofollow"></a><a href="https://in.tradingview.com/" rel="noopener noreferrer nofollow"></a></p> 
<h2 class="wp-block-heading" id="strong-rose-crypto-price-and-volume-analysis-strong"><strong>ROSE Crypto Price And Volume Analysis</strong></h2>
<p>The Oasis network chart presents the correspondence between the volume and <a href="https://www.thecoinrepublic.com/2024/04/05/hedera-hashgraph-price-prediction-will-hbar-price-rebound/" target="_blank" rel="noopener noreferrer nofollow">price</a> of the crypto, and according to the Santiment chart, in March 2024, both the asset volume and price were relatively high, demonstrating a gain of interest and activity. The volume mostly remained above $75 to $130 Million, and the price reached the top level of around $0.184 in mid-March.</p>
<p>However, starting in mid-March, the volume and price of ROSE crypto declined abruptly, indicating a decrease in demand and excitement. The trading volume decreased below $75 Million, and the price dropped drastically, from $0.184 to $0.12. The current volume on the Santiment website is lower at $30.79 million, and the price is at the $0.132 level.&nbsp;</p>
<p>The chart depicting the price and volume of ROSE indicates a decline in both,&nbsp; which means a continuing downtrend.</p> <iframe loading="lazy" title="Santiment Chart: Price (ROSE), Volume (ROSE)" width="1170" height="425" src="https://embed.santiment.net/chart?ps=flow&amp;pt=FLOW&amp;df=2023-12-21T00%3A00%3A00.000Z&amp;dt=2024-04-04T18%3A29%3A59.966Z&amp;sat=shchcfg_OgEg9k_tBN4h&amp;emcg=1&amp;emhwm=1&amp;wm=%5B1%3Bprice_usd%3Boasis-network%3BROSE%5D%3B%5B1%3Bvolume_usd%3Boasis-network%3BROSE%5D&amp;wax=0%3B1&amp;wc=%23FFCB47%3B%23FF5B5B&amp;ws=%3B" scrolling="no"></iframe>
<h2 class="wp-block-heading" id="strong-rose-crypto-oasis-network-development-activity-chart-study-strong"><strong>ROSE Crypto (Oasis Network) Development Activity Chart Study</strong></h2>
<p>Furthermore, the activity level in ROSE crypto is reflected in the ongoing projects and developments. The developer activity appears to be slightly declining on the chart, and the activity metric suggests a possible decrease in the coming session, even though there is no significant decline in the development count.</p> <iframe loading="lazy" title="Santiment Chart: Dev. Activity Contributors Count (ROSE), Development Activity (ROSE)" width="1170" height="425" src="https://embed.santiment.net/chart?ps=flow&amp;pt=FLOW&amp;df=2023-12-21T00%3A00%3A00.000Z&amp;dt=2024-04-04T18%3A29%3A59.966Z&amp;sat=shchcfg_OgEg9k_tBN4h&amp;emcg=1&amp;emhwm=1&amp;wm=%5B1%3Bdev_activity_contributors_count%3Boasis-network%3BROSE%5D%3B%5B1%3Bdev_activity%3Boasis-network%3BROSE%5D&amp;wax=0%3B1&amp;wc=%23FF5B5B%3B%23FFCB47&amp;ws=%3B%7B%22transform%22%3A%7B%22type%22%3A%22moving_average%22%2C%22movingAverageBase%22%3A42%7D%7D" scrolling="no"></iframe>
<h3 class="wp-block-heading" id="strong-summary-strong"><strong>Summary</strong></h3>
<p>The ROSE crypto has seen a significant price fluctuation. After a bullish period where it rose from $0.0400 to a peak of $0.1800, breaking through several resistance levels, ROSE entered a bearish phase. The price has been following a downward trendline, and technical indicators like the MACD and RSI suggest further potential decline. The price has recently been performing poorly, with a weekly drop of -7.78% and a monthly drop of -21.85%.</p>
<p>Currently, ROSE is trading at $0.12797, with a minor intraday decrease. It could fall further if the price breaks the support level of $0.11750. Conversely, if there’s a surge in buying pressure that breaks the trendline resistance, the price could potentially rise to $0.14100 or even $0.18000.</p>
<p>The trading volume and price correlation chart from Santiment suggests waning interest. Additionally, a slight decline in developer activity may indicate a cooling off in project developments, although no major drop has been noted.</p>
<h4 class="wp-block-heading"><strong>Technical Levels</strong></h4>
<p><strong>Support Levels</strong>: $0.11750</p>
<p><strong>Resistance Levels</strong>: $0.14100</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>

Can ROSE Crypto Price Turn Around Or Keep Plunging Downwards?

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