OGNUSD trade ideas
OGNUSD - Bullish markup potentiallyThis is a basic accumulation distribution idea.
1. The 50/200 EMA Daily is signaling bullish move.
2. Has been in accumulation for 230+ days
3. High was 3.30s
4. Low Marketcap (389M circulating, 1B max, 389M Marketcap)
5. Token distro suggests this has potential to reach 2 digits relatively easily if the project establishes bullish sentiment.
Please do your own research. NFA
New local trendA clearer new potential trend favoring upwards momentum on the green line. I would like to see this clear $1.41 strongly to potentially see major upside. Red line offering hard support as the HnS pattern could still possibly be in play. Personal bias is favoring upward movement as it has touched this resistance several times in the last month.
Daily head and shoulders formed. The overall trendline is still being followed and most likely will act as a very strong support. However head and shoulder formation has formed and most likely price will dip down below 0.80. This area would be a great place to buy to open up longer holds, as OGN has huge potential to complete its parabola up to $3.41 and beyond. Let me know your thoughts or differing opinions!
OGN - 🚀 1000% The Origin Protocol price today is $1,36 USD with a 24-hour trading volume of $498.268.693 USD.
Origin Protocol is down 8,89% in the last 24 hours.
The current MarketCap ranking is #158, with a live market cap of $479.661.200 USD.
It has a circulating supply of 351.815.555 OGN coins and the max supply is not available.
Chart of the Day: OGN / USDTFalling Wedge has broken through the resistance line.
Possible bullish price movement towards the $1.20 level in the next few weeks?
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OGN: Demand Floods InDemand floods in for OGN as it breaks TR-R. Expect a possible consolidation along the 1.0 Fibonacci before the target zone climb.
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OGN - why? Origin Dollar (OUSD) is the first DeFi stablecoin that earns a yield while it’s still in your wallet. It's just as easy to use and spend as Tether (USDT) while automatically earning savings for you at rates that trounce those in traditional finance.
Some information...
Locked Tokens - Most insiders and team members have voluntarily increased their lock-ups. Locked tokens include tokens that otherwise would have been released and entered the circulating supply.
Total number of tokens in investor and team lockups - 27,109,963
Total number of staked tokens - 81,388,809
Total number of tokens founders have sold - 0
On Sunday, May 23, 2021, the original viral video, Charlie Bit My Finger, will be taken off of YouTube and auctioned to the highest bidder on Origin's NFT launchpad. One winner will own a piece of internet history.
OGN is disrupting content ownership with the Charlie Bit Me #NFT auction. Charlie set a new record for a meme-as-NFT sale with Origin's NFT Launchpad, raising $760,999 to surpass other notable video & meme NFTs, Nyan Cat and Disaster Girl.
Grammy award-winning MonoNeon & contemporary American pop artist, Kii Arens will drop the "Mono x Kii Collection" on Origin's NFT Launchpad. The 30 minute sale hosts 4 open-editions from this iconic mashup between music and culture.
Do these tidbits make a coin jump 50%, probably not the entire cause, just more reason to love OGN
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