🚀 Web3 Data Economy — Ocean Protocol analysis📊
Hello Crypto community Welcome to this introduction for another high potential crypto project.🚀💰
🔹Rank #167,/ kind : ETH TOKEN \\ Market Cap:$301,371,604 \\ Fully Diluted Market Cap: $693,044,185===> ✅
Max Supply: 1,410,000,000 /Total Supply:613,099,141/// Circulating Supply:613,099,141.00 OCEAN (43% )====> ❌
Holders Statistics: Top 10 Holders =>> 45.41% ✅
What Is Ocean Protocol (OCEAN)?
Ocean Protocol is a blockchain-based ecosystem that allows individuals and businesses to easily unlock the value of their data and monetize it through the use of ERC-20 based datatokens.
Through Ocean Protocol, publishers can monetize their data while preserving privacy and control, whereas consumers can now access datasets that were previously unavailable or difficult to find. These datasets can be discovered on the Ocean Market, where they can be purchased and later consumed or sold.
oceanprotocol.com-Coinarketcap
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📊Technical
As you can see on the WEEKLY timeframe for Ocean/USDT ,Since recording an ATH about $1.93 it has been declining and by printing lower highs and higher lows it was in consolidation phased in a supposed symmetrical triangle. today its is trading on a major pivot zone and under 100EMA . so if it want to continue its uptrend it should be able to maintain current level and also go above the higher EMAS and then in order to have bullish movement it should break out the higher trend line to reach higher target , but if loses the pivot zone if breakout downward it can even fall upon the lower support levels .
🛑resistance level: $0.86-$1// descending trendline
🆚pivot zone: $0.37- 0.46$
❇️support levels: $15-19.6///$0.9//0.06///ascending trendline
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👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
💜 if you're a fan of my analyses PLZ follow me and give a big thumbs 👍 OR drop comment 🗯
🔹Rank #167,/ kind : ETH TOKEN \\ Market Cap:$301,371,604 \\ Fully Diluted Market Cap: $693,044,185===> ✅
Max Supply: 1,410,000,000 /Total Supply:613,099,141/// Circulating Supply:613,099,141.00 OCEAN (43% )====> ❌
Holders Statistics: Top 10 Holders =>> 45.41% ✅
What Is Ocean Protocol (OCEAN)?
Ocean Protocol is a blockchain-based ecosystem that allows individuals and businesses to easily unlock the value of their data and monetize it through the use of ERC-20 based datatokens.
Through Ocean Protocol, publishers can monetize their data while preserving privacy and control, whereas consumers can now access datasets that were previously unavailable or difficult to find. These datasets can be discovered on the Ocean Market, where they can be purchased and later consumed or sold.
oceanprotocol.com-Coinarketcap
-------------------------------------------------------------------------------------------------------------------
📊Technical
As you can see on the WEEKLY timeframe for Ocean/USDT ,Since recording an ATH about $1.93 it has been declining and by printing lower highs and higher lows it was in consolidation phased in a supposed symmetrical triangle. today its is trading on a major pivot zone and under 100EMA . so if it want to continue its uptrend it should be able to maintain current level and also go above the higher EMAS and then in order to have bullish movement it should break out the higher trend line to reach higher target , but if loses the pivot zone if breakout downward it can even fall upon the lower support levels .
🛑resistance level: $0.86-$1// descending trendline
🆚pivot zone: $0.37- 0.46$
❇️support levels: $15-19.6///$0.9//0.06///ascending trendline
--------------------------------------------------------------------------------------------------------------------
👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
💜 if you're a fan of my analyses PLZ follow me and give a big thumbs 👍 OR drop comment 🗯