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OCEAN Moves Sideways Under 200-day MA, Fluctuates Wildly Over It

Published 2023-01-09, 12:12 p/m
© Reuters.  OCEAN Moves Sideways Under 200-day MA, Fluctuates Wildly Over It

Coin Edition -

  • The bulls rescued OCEAN from the red zone and pushed it higher and higher.
  • OCEAN triumphantly trades in the green zone for the past week and hits a maximum of $0.2279.
  • OCEAN moves sideways under the 200-day MA but fluctuates violently over it.

The bulls triumphed over the market and kept pushing Ocean Protocol (OCEAN) higher over the past seven days. OCEAN opened the market for the week, trading at $0.166. During the first couple of days, OCEAN fluctuated under the $0.17 range with constricted movement and tanked to the red zone, but the bulls came to OCEAN’s rescue at the right time.

Notably, when looking at the chart below, the bulls came for OCEAN’s help when it reached the red zone. During this short decline, OCEAN tanked to its lowest price, $0.1631, for the week. However, following this short decline, the bulls pushed OCEAN out of the red zone and helped it soar high.

OCEAN reached its maximum price of $0.2279 towards the end of the week. Currently, Ocean Protocol is up 7.74% in the last 24 hours and is trading at $0.2236.

The post OCEAN Moves Sideways Under 200-day MA, Fluctuates Wildly Over It appeared first on Coin Edition.

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