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Ocean Protocol Technical Analysis: OCEAN/USD sees another price explosion after getting listed on Binance

  • It was only a matter of time for the best performing altcoin to get listed on Binance, OCEAN is now trading at $0.626.
  • OCEAN is ranked 61st by market capitalization and has hit $200 million. 

OCEAN is currently trading at $0.62 after yet another bullish breakout. OCEAN has been posting new all-time highs almost every day and climbing the market capitalization ladder.

OCEAN/USD daily chart

Clearly, OCEAN is extremely bullish and has an overextended RSI that means basically nothing right now. Buyers have defended the daily 12-EMA twice on August 11 and 12 creating two lower long wick candlesticks.

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