Origin Protocol Price Prediction for Today, April 3 – OGN Technical Analysis

By Crypto Gloom On Apr 4, 2024

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Origin Protocol price prediction is poised to surpass the 9-day moving average as per the market range.

Origin Protocol Proposes Merger of OGN and OGV to Improve Ethereum Staking

Origin Protocol, a prominent figure in decentralized finance (DeFi), has proposed a strategic merger between the Origin DeFi Governance (OGV) token and OGN, the native DeFi Ethereum token. The proposal, backed by high-profile stakeholders including Reddit co-founder Alexis Ohanian and YouTube co-founder Steve Chen, aims to unify their products into a single token. This integrated token allows users to earn cryptocurrency rewards by staking Ethereum directly.

Origin Protocol prediction statistical data:

Current Origin Protocol Price – $0.21
Origin Protocol Market Cap – $121.8 million
Origin Protocol Circulation Volume – 578.1 million
Origin Protocol Total Supply – 1 billion
Origin Protocol CoinMarketCap Ranking – 423rd

OGN/USD market

Main level:

Resistance levels: $0.27, $0.29, $0.31

Support levels: $0.15, $0.13, $0.11

Origin Protocol Price Prediction for Today, April 3 – OGN Technical Analysis — OGNUSD – daily chart

OGN/USD is currently in a range around $0.21 and is likely to move above the 9- and 21-day moving averages if bullish pressure picks up. However, the Origin Protocol price has been trading sideways for the past few weeks and the coin is now struggling to break above its moving average. Origin Protocol price is likely to face a downtrend as the red line of the 9-day moving average may cross below the green line of the 21-day moving average.

Origin Protocol Price Prediction: Origin Protocol (OGN) May Continue to Trade Sideways

According to the daily chart, the Origin Protocol price could break through and reach the nearest resistance level of $0.24 if it holds above the 9- and 21-day moving averages. However, a successful break above this level could open the door for further upside towards the $26 level. In the meantime, further bullish moves could push the coin towards potential resistance levels of $0.27, $0.29, and $0.31.

Additionally, with the 9-day moving average crossing below the 21-day moving average, the nearest support could lie at the $0.17 level. If a downtrend appears below this support line, OGN/USD may test other support lines before breaking the lower channel limit. However, further losses could lead the price to support levels of $0.15, $0.13 and $0.11.

OGN/BTC Could Climb Higher

Compared to Bitcoin, the Origin Protocol price is showing strength with the coin hovering around 324 SAT. However, if the price falls and crosses below the lower boundary of the channel, there is a possibility that additional long-term support may be created. For reference, the next support level below the current price is near 270 SAT. Moreover, if the price continues to fall, it could reach important support below 265 SAT.

Conversely, if bulls continue to dominate the market, a bullish move could emerge above the upper boundary of the channel, with potential resistance levels positioned above 380 and the 9-day moving average forming a bullish crossover. A break above the 21-day moving average could indicate an uptrend.

In the latest update, @JavonTM1 shared with his extensive 36,000+ followers on After the breakout, the price surged around +102% and with a target of $0.67549448, there is room for another +204% upside in store!

$OGN (Origin Token) is here to stay with the potential to more than triple at its price.

The price is up about +102% since the breakout and the target is $0.67549448, with room for another +204% upside! https://t.co/90AYQxlV0p pic.twitter.com/Sk3sBcLS6f

— JAVON⚡️MARKS (@JavonTM1) April 3, 2024

Origin Protocol Alternatives

Origin Protocol price is significantly above its moving average, indicating a bullish trajectory targeting above $0.230. Origin Protocol is poised for further gains, ranking 423rd in the cryptocurrency market with a market cap of $121.8 million, but its large market cap could hinder significant gains. However, Bitcoin Minetrix has introduced a stake-to-mine program, allowing users to earn credits for cloud mining by staking BTCMTX tokens. With the pre-sale already raising over $12.8 million, traders are encouraged to explore investment opportunities.

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