Recent Price Movement of Oasis Network
The price of Oasis Network has risen by 25% in the past 24 hours, currently trading at $0.11879 and the trading volume has also surged up by 165%.
ROSE cryptocurrency has reclaimed its market value from August 2022, and continues to trend positively by featuring in the top gainers list.
Optimistic ROI for ROSE
Traders are optimistic about the ongoing rally of Oasis Network’s price and expect a potential further gain of up to $0.2000.
The bullish scenario is further highlighted by the positivity of indicators like Relative Strength Index, Awesome Oscillator, and Moving Average Convergence Divergence.
Potential Future Scenarios for ROSE
If the buying pressure continues, the price will further rise to $0.1400 and potentially test the psychological level of $0.1600, with a 32% increase above current levels.
On the flip side, in a bearish scenario, the price of Oasis Network could drop to the support level of $0.0821 or even lower, plunging into further downtrends.
Promising Alternatives to Oasis Network
Two relatively new cryptocurrency options to consider are YPRED and LPX, both designed for specific projects.
YPRED
YPRED is a potential token to invest in 2024, selling for $0.11, giving access to the yPredict ecosystem for AI signals and sentiment analysis. The yPredict project is in the presale stage, and shows good prospects for growth.
LPX
LPX powers the Launchpad XYZ project, offering unique AI insights for traders, and has gained popularity among investors for its low entry barrier during the presale stage.
Hot Take
In the current volatile environment, Oasis Network continues to show promise, but it doesn’t hurt to research potential alternative cryptocurrencies to diversify your portfolio.
Insa’s extensive background in the financial realm encompasses roles as a writer, trader, and personal finance coach. Her proficiency spans a wide spectrum, ranging from commodities and indices to forex and cryptocurrencies. Insa’s specialization lies in furnishing strategic investment advice tailored to the fintech investment niche.