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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 Protocol Technical Analysis: OCEAN/USD sees another price explosion after getting listed on Binance
Lorenzo StroeLorenzo StroeIndependent Analyst

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

OCEANUSD

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.

Author

Lorenzo Stroe

Lorenzo Stroe

Independent Analyst

Lorenzo is an experienced Technical Analyst and Content Writer who has been working in the cryptocurrency industry since 2012. He also has a passion for trading.

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