Origin Protocol’s OGN recently recorded a strong increase of 14.4% in 24 hours and 21.8% in one week, providing a recovery opportunity for holders when the price exceeds the $0.71 threshold.
Most OGN holders have fallen into a state of severe loss, yet the latest technical signals and cash flow movements in the exchange are increasing expectations for the next recovery.
MAIN CONTENT
OGN is experiencing significant price increases, signaling improved investor sentiment after a long period of being undervalued.
A low MVRV ratio reflects a market that has experienced capitulation, creating buying opportunities for new investors.
OGN reserves on exchanges are decreasing, cash is flowing into cold wallets, and all technical indicators are showing positive changes.
How has OGN from Origin Protocol performed in the past week?
OGN has increased by 14.4% in 24 hours and 21.8% in the past week, standing out during a volatile altcoin market period.
This short-term performance shows a significant recovery after most holders have endured prolonged losses, especially following previous deep price declines.
AMBCrypto Report, 2025
The strong price increase helped OGN surpass the $0.71 zone, an important resistance level on the technical chart. This boosts expectations for a potential medium-term reversal in the market.
With improved liquidity and increased demand, the sentiment of OGN holders has become more positive after a prolonged decline since mid-2024.
What is MVRV and what does it indicate about OGN?
MVRV (Market Value to Realized Value) is an index comparing market capitalization to realized capitalization, helping assess the average profit/loss state of holders.
The MVRV index at 0.45 proves that OGN is extremely undervalued, reflecting that the average purchase price of most holders is much higher than the current price, indicating a short-term capitulation phenomenon.
Source: Glassnode, 2025
This index has sharply declined since May 2022, remaining below neutral levels. A low MVRV level signals that there is an opportunity for accumulating purchases at attractive prices for new investors.
While many old holders continue to be at a loss, the market is creating a potential starting price zone for new cash flows wanting to participate in Origin Protocol.
Why have many OGN holders suffered severe losses?
Since 2022, selling pressure and deep declines have caused most OGN holders to buy at high prices.
Even with short-term recoveries pushing MVRV higher in late 2023 - early 2024, the overall market still leans towards a long-term bearish trend until the end of summer 2024. This increases the state of loss for medium and long-term holders.
The significant difference between the actual price and the current cost price creates selling pressure but also opens up opportunities for new investors due to the record low price.
What signs indicate that OGN may have bottomed out?
MVRV has remained at extremely low levels since May 2022, although some short recoveries have occurred.
"The MVRV recoveries have not been strong enough to reverse the long-term market structure, yet accumulation signs on-chain are appearing again."
AMBCrypto Report, analyzing Glassnode data, 2025
This accumulation phase is often associated with seller exhaustion, indicating that strong cash flows have entered into long-term integration.
The price recovery at the beginning of 2024 helped OGN reach a peak of $0.283, but it still depends on the overall trend of Bitcoin and the improvement in market sentiment.
What does the outflow of cash from exchanges mean for OGN?
OGN reserves on exchanges have been continuously decreasing since April 2025, indicating increasing accumulation activity and transfer of coins to cold wallets.
"The amount of OGN leaving exchanges is a positive signal, reflecting long-term confidence from investors and reducing selling pressure on prices."
CryptoQuant Data, 2025
When investors transfer OGN to cold wallets, the likelihood of sell-offs in the market decreases, creating a foundation for stable or long-term price recovery.
Typically in downtrend cycles, decreasing exchange reserves serve as a precursor to recovery phases after accumulation, similar to major altcoins during the 2019-2020 period (Source: CoinMetrics, 2021).
What does the current technical analysis of OGN reflect?
According to the weekly chart, OGN had previously established a clear upward trend at the beginning of 2024, but Bitcoin's retreat from $73.7k to $52.5k has caused OGN to drop nearly 65% in value.
"The RSI returning above the 50 threshold indicates a shift in positive momentum, while the CMF shows selling pressure decreasing day by day."
Source: TradingView, 2025
After dropping below $0.071, OGN recovered and broke through the old resistance zone; if maintained, it could initiate a new upward wave.
The concurrence of technical indicators supporting the recovery trend is a key factor in enhancing investor confidence in OGN's potential for a strong reversal.
What market events affect OGN in 2024?
In the past six months, the strong volatility of Bitcoin along with the altcoin wave reaching ATH has caused OGN to struggle to keep pace with the market, leading holders to lose patience and increasing capitulation pressure.
However, the current movements of RSI, CMF, and cash flows out of exchanges indicate that OGN's recovery scenario is clearer than ever compared to history.
If the breakout scenario above $0.71 continues to hold, OGN could very well become the focal point for capital seeking undervalued opportunities.
Frequently Asked Questions
What project is OGN a token of?
OGN is the native token of Origin Protocol – a platform for developing decentralized applications aimed at promoting DeFi globally.
At what MVRV level is it considered a good buying opportunity?
When the MVRV index is below 1, many experts believe this is an attractive price zone for those with a buying accumulation strategy, especially when the market has experienced strong capitulation.
What impact does the decrease in OGN reserves on exchanges have?
The amount of OGN withdrawn from exchanges shows that holders believe in the long term and reduces selling pressure, thereby supporting price during strong recovery cycles after accumulation periods.
What does an RSI over 50 signify on the weekly chart?
RSI above 50 reflects positive recovery momentum, signaling a reversal of the medium-term trend, boosting expectations for further price increases for OGN.
What is capitulation in the OGN market?
Capitulation is the state where holders sell off at the bottom, often occurring when MVRV is very low, opening up good opportunities for new investors wanting to enter at attractive prices.
Does OGN have the potential to recover to higher price levels?
If the $0.71 area holds and technical indicators remain positive, OGN could attract capital back and open up a new upward cycle as seen with many altcoins.
What factors should be monitored when investing in OGN during this period?
Investors should pay attention to MVRV indicators, cash outflows from exchanges, the movement of RSI and CMF technical indicators, along with Bitcoin price trends to make informed decisions.
Source: https://tintucbitcoin.com/ogn-tang-manh-nha-dau-tu-lam-gi/
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