OGN’s Bullish Divergence Signals Major Reversal

A clear MACD bullish divergence sparks hopes of a large OGN reversal—potential to rally 300%.

  • MACD shows regular bullish divergence for OGN
  • Trend reversal could trigger 300%+ rally toward $0.25
  • Careful risk management and confirmation key for entries

Momentum is Building for Origin Protocol

MACD Signals a Bullish Turn

Origin Protocol (OGN) is showing promising signs of a potential trend reversal. A regular bullish divergence has formed on the MACD indicator, where the price made lower lows, but the MACD histogram created higher lows. This pattern often signals that selling momentum is weakening and a reversal could be on the horizon.

Technical Patterns Add Confidence

In addition to the MACD signal, OGN has been forming strong chart patterns like a falling wedge and a rounding bottom. These are commonly viewed as reversal indicators, especially when accompanied by growing trading volume. Together, these technical signals point to the likelihood of an upward breakout.

A Path Toward $0.25 and Beyond

Why a 300% Rally is Plausible

OGN is currently priced around $0.06. If the reversal unfolds as expected, price targets up to $0.25—or even higher—come into play. This would represent a rally of more than 300% from current levels. Historically, similar setups have led to sharp upward moves in short periods

Fundamentals Support the Technicals

Origin Protocol’s increasing role in the DeFi space strengthens the bullish case. With features like decentralized marketplaces, staking, and lending, the token’s real-world utility continues to grow. This enhances investor confidence and supports a long-term upward trend.

Strategy for Traders

Wait for Confirmation

While the MACD divergence is encouraging, it’s important to wait for confirmation through a MACD crossover and a break above key resistance levels. This helps filter out false signals

Plan Your Trades

  • Entry zone: Between $0.06 and $0.08
  • Stop-loss: Below $0.05
  • Target: First target at $0.25, with a stretch goal near $0.30

These levels offer a favorable risk-to-reward ratio for both short-term traders and long-term holders.

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Disclaimer: The content on CoinoMedia is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency investments carry risks, and readers should conduct their own research before making any decisions. CoinoMedia is not responsible for any losses or actions taken based on the information provided.

Isolde Verne

Isolde Verne is a passionate crypto writer, focusing on blockchain innovation, NFT ecosystems, and the societal impact of decentralized systems. Her engaging style bridges the gap between technology and everyday understanding.

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