📈 Analysis and forecast for $OGN : Is it time to exit? 🚀
As of May 30, 2025, 15:44 EEST, the exchange rate $OGN on Binance is $0.0733, with a 12.3% increase over the last 24 hours. The trading volume for the day is around $4.08M, and the market capitalization is $44.83M (with a circulating supply of 692.14M OGN). The increase is related to interest in DeFi and partnerships by Origin Protocol, including integration with Chainlink and EigenLayer.
Technically, $OGN in an upward trend. On the 4-hour chart, the price has broken resistance at $0.07 and is testing $0.0741. RSI (14) is around 60, indicating a neutral state, but MACD confirms bullish momentum. Key resistance is at $0.0935; a break above may push the price to $0.1050. A drop below $0.0603 would increase pressure down to $0.055.
Forecast: By the end of May, OGN could reach $0.08–$0.09 if volume is maintained. By July 2025, a rise to $0.12 is possible if interest in DeFi remains. By the end of the year, the target is $0.15, provided new partnerships are established. Long-term potential for 2026 is $0.50+, if the market remains bullish. Fundamentally, integrations with Arbitrum and Optimism support growth, but competition in DeFi poses a risk.
Is it time to exit? The price of $0.0733 is close to resistance at $0.0741. A 12.3% increase in 24 hours and RSI around 60 signal possible overbought conditions. To lock in profits, exit at $0.08–$0.09. Set a stop-loss at $0.06. The X indicates optimism, but traders warn of a correction. Watch for volumes and news about the network — the market is volatile! #OGN #Binance #CryptoAnalysis
