Origin Protocol has maintained weekly support above $0.05 after a long downtrend since its high above $3.
MACD shows bullish divergence, with higher lows forming on the oscillator despite declining price levels.
Market data confirms a 9.73% daily drop with volume up 160%, signaling pressure despite bullish structural signals.
Origin Protocol (OGN) has formed a long-term bullish divergence pattern following sustained downside since early 2021. According to analysis, the asset's price has gradually moved toward a stable support zone, while technical indicators display signs of a potential shift in direction.
Origin Protocol Price Structure Finds Support Near $0.05
Origin Protocol has remained within a clear downtrend since peaking above $3.20 in 2021. After consecutive lower highs and lower lows, Javon Marks' observation indicates that the token reached a key support region just above $0.05. Weekly price action between 2022 and 2025 reflects consistent consolidation within that zone. During this period, no major breakouts occurred, and the price maintained tight structure.
Source: Javon Marks (X)
Recent data places the token at $0.061. The current level aligns with historical demand areas seen throughout the past two years. No signs of increased volatility or unusual trading volume have emerged.
MACD Confirms Regular Bullish Divergence
Momentum indicators are now beginning to diverge from the price trend. According to analysis, the MACD indicator is recording higher lows despite Origin Prtocol’s lower price levels. The divergence between price and MACD has continued since mid-2022, forming a consistent upward trendline on the oscillator.
Light green histogram bars and a rising signal line have also emerged, reflecting the early stages of potential momentum change. The convergence of this signal with support structure points to a technical alignment not observed in prior months.
Current Market Trend and Reversal Conditions Targets
At the time of writing, CoinMarketCap data indicates that Origin Protocol (OGN) is trading at $0.05413 after falling 9.73% over the last 24 hours. The price showed an initial rise above $0.062 before reversing downward in the afternoon session. The decline continued through late evening, dropping below $0.055 by midnight.
Source: CoinMarketCap
A brief recovery occurred during early morning hours, though the price stayed under $0.057. Trading volume spiked 160.27% over the same period, reaching $50.98 million. Despite the increased activity, the market cap decreased to $38.1 million. The volume-to-market-cap ratio stands at 143.11%, indicating elevated trading pressure.
According to Javon Marks' analysis, OGN's prior resistance near $0.25 remains a reference point. That level marks the last major recovery before the current decline. If price continues its upward path, that zone may become a technical focus once again. The asset continues to hold support. Meanwhile, MACD divergence and structural alignment remain active on the weekly chart.
