OpenLedger ($OPEN ) grew by 13.53% over the last 24 hours, significantly outperforming the overall cryptocurrency market growth of 0.83%.
The Relative Strength Index RSI7 is at 52.47 — this is a neutral level, with no signs of overbought conditions. Price$OPEN is above the 7-day moving averages (SMA and EMA), indicating a bullish trend. The pivot point at $0.60078 may serve as support. However, technical analysis alone does not explain the sharp increase of 13%, so the main drivers remain news about buybacks and ongoing campaigns.
Over the last 24 hours, the cryptocurrency market has grown by approximately 0.83%, but the growth of $OPEN significantly exceeds this figure, indicating specific reasons for this coin. The Fear & Greed Index is currently at 62 (greed), which creates a positive sentiment, but the main factors are the buyback and the Binance campaign.