according to the materials of the site - Cryptonewsland
Origin Protocol (OGN) has formed a long-term bullish divergence model after a sustained decline since the beginning of 2021. According to the analysis, the asset's price has gradually moved towards a stable support zone, while technical indicators show signs of a potential directional change.
Origin Protocol remains within a clear downward trend since reaching a peak above $3.20 in 2021. After consecutive lower highs and lower lows, Javon Marks' observation indicates that the token has reached a key support area just above $0.05. Weekly price action between 2022 and 2025 reflects consistent consolidation in this zone. During this period, there have been no major breakthroughs, and the price has maintained a tight structure.
Latest data shows that the token is priced at $0.061. The current level corresponds to historical demand areas observed over the last two years. No signs of increased volatility or unusual trading volume have been detected.
Momentum indicators are now beginning to diverge from the price trend. According to the analysis, the MACD indicator is recording higher lows despite lower price levels of Origin Protocol. The divergence between price and MACD has been ongoing since mid-2022, forming a consistent upward trend line on the oscillator.
Light green histogram bars and an upward signal line have also appeared, reflecting early stages of potential momentum change. The convergence of this signal with the support structure indicates a technical alignment not observed in previous months.
A brief recovery occurred in the early morning hours, although the price remained below $0.057. Trading volume surged by 160.27% during the same period, reaching $50.98 million. Despite the increased activity, market capitalization decreased to $38.1 million. The volume-to-market-cap ratio is 143.11%, indicating heightened trading pressure.
According to Javon Marks' analysis, the previous resistance of OGN around $0.25 remains a reference point. This level marks the last major recovery before the current decline. If the price continues on an upward path, this area may again become a technical focus. The asset continues to hold support. Meanwhile, the MACD divergence and structural alignment remain active on the weekly chart.
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