Oasis Network (ROSE) Price Prediction 2023 – Will ROSE Hit $0.2 Soon?
- Bullish ROSE price prediction is $0.04160 to $0.23745.
- Oasis Network (ROSE) price might also reach $0.2 soon.
- Bearish ROSE price prediction for 2023 is $0.03332.
In Oasis Network (ROSE) price prediction 2023, we use statistics, price patterns, RSI, RVOL, and other information about ROSE to analyze the future movement of the cryptocurrency.
Oasis Network (ROSE) Current Market Status
| Current Price | $0.03679 |
| 24 – Hour Trading Volume | $11,095,644 |
| 24 – Hour Price Change | 3% down |
| Circulating Supply | 5,029,357,184 |
| All – Time High | $0.597347 (On January 15, 2022) |
What is Oasis Network (ROSE)?
Oasis Network (ROSE) is the native utility token of the Oasis Network. ROSE was launched in November 2020 on the network. Oasis Network is a privacy-focused smart contracts-based blockchain built on Cosmos SDK. The network focuses more on promoting privacy and confidentiality.
Just like the Cardano blockchain, Oasis Network also comprises a dual-layer model, Consensus Layer, and ParaTime Layer. Both the consensus and the computational operations are separated within the layers.
ROSE tokens serve as transactions within the network. It is deployed in the staking and delegation mechanisms of Oasis Network.
Oasis Network (ROSE) Price Prediction 2023
Oasis Network (ROSE) holds the 144th position on CoinGecko right now. ROSE price prediction 2023 is explained below with a daily time frame.
The above chart of Oasis Network (ROSE) laid out the descending channel pattern, also known as the falling channel. A descending channel is formed by two parallel trendlines. The upper trendline, which joins the highs, and the lower trendline, which joins the lows, run parallelly downwards. This pattern is the characteristic of a bearish market.
Currently, Oasis Network (ROSE) is in the range of $0.03677. If the pattern continues, the price of ROSE might reach the resistance levels of $0.04864 and $0.05825. If the trend reverses, then the price of ROSE may fall to $0.03332.
Oasis Network (ROSE) Support and Resistance Levels
The chart below shows the support and resistance levels of Oasis Network (ROSE).
From the above daily time frame, we can clearly interpret the following as the resistance and support levels for Oasis Network (ROSE).
| Resistance Level 1 | $0.08265 |
| Resistance Level 2 | $0.14323 |
| Resistance Level 3 | $0.23745 |
| Support Level | $0.03388 |
The charts show that Oasis Network (ROSE) has performed a bullish trend over the past month. If this trend continues, ROSE might run along with the bulls overtaking its resistance level at $0.23745.
Accordingly, if the investors turn against crypto, the price of Oasis Network (ROSE) might plummet to almost $0.03388, a bearish signal.
Oasis Network (ROSE) Price Prediction 2023 — RVOL, MA, and RSI
The Relative Volume (RVOL) of Oasis Network (ROSE) is shown in the chart below. It is an indicator of how the current trading volume has changed over a period of time from the previous trading volume. Currently, the RVOL of ROSE lies below the cutoff line, indicating weak participants in the current trend.
Also, the Moving Average (MA) of Oasis Network (ROSE) is shown in the chart above. Notably, Oasis Network (ROSE) price lies below 50 MA (short-term), so it is in a downtrend. Currently, ROSE has entered a bearish state. Therefore, there is a possibility of a reversal trend of ROSE at any time.
Meanwhile, the relative strength index (RSI) of the ROSE is 44.24. This means that Oasis Network (ROSE) is nearly in an oversold state. However, this means a major price reversal of ROSE may occur in the upcoming days. So, traders need to trade carefully.
Oasis Network (ROSE) Price Prediction 2023 — ADX, RVI
Let us now look at the Average Directional Index (ADX) of Oasis Network (ROSE). It helps to measure the overall strength of the trend. The indicator is the average of the expanding price range values. This system attempts to measure the strength of price movement in the positive and negative directions using DMI indicators with ADX.
The above chart represents the ADX of Oasis Network (ROSE). Currently, the ADX of ROSE lies in the range of 41.485 and thus, it indicates a strong trend.
The above chart also represents the Relative Volatility Index (RVI) of Oasis Network (ROSE). RVI measures the constant deviation of price changes over a period of time. The RVI of ROSE lies below 50, indicating low volatility. In fact, the RSI of Oasis Network (ROSE) is at 44.24 thus confirming a potential sell signal.
Comparison of ROSE with BTC, ETH
The below chart shows the price comparison between Bitcoin (BTC), Ethereum (ETH), and Oasis Network (ROSE).
From the above chart, we can interpret that BTC, ETH, and ROSE are moving in a similar trend. This indicates that when the price of BTC and ETH increases or decreases, the price of ROSE also increases or decreases respectively.
Oasis Network (ROSE) Price Prediction 2024-2030
Numerous factors are taken into account when forecasting prices including volume changes, price variations, market cycles, and similar coins. Let’s predict the price of Oasis Network (ROSE) between 2024 and 2030.
Oasis Network (ROSE) Price Prediction 2024
If the declining price action completely slows down in momentum and the trend reverses, Oasis Network (ROSE) might probably attain $0.8 by 2024.
Oasis Network (ROSE) Price Prediction 2025
With several upgrades in the network, Oasis Network (ROSE) might enter a bullish trajectory. If the coin grabs the attention of major investors, ROSE might rally to hit $1 by 2025.
Oasis Network (ROSE) Price Prediction 2026
If Oasis Network (ROSE) sustains major resistance levels and continues to be recognized as a better investment option among the investors for the next 3 years, ROSE would rally to hit $1.7
Oasis Network (ROSE) Price Prediction 2027
If Oasis Network (ROSE) sustains major resistance levels and continues to be recognized as a better investment option among the investors for the next 4 years, ROSE would rally to hit $1.9
Oasis Network (ROSE) Price Prediction 2028
If Oasis Network (ROSE) sustains major resistance levels and continues to be recognized as a better investment option among the investors for the next 5 years, ROSE would rally to hit $2
Oasis Network (ROSE) Price Prediction 2029
Oasis Network (ROSE) holds up a strong stance as a better investment option for the next 6 years amid the trends in the highly-volatile crypto market. By driving significant price rallies, ROSE would hit $2.3 in 2029.
Oasis Network (ROSE) Price Prediction 2030
If investors flock in and continue to place their bets on Oasis Network (ROSE), it would witness major spikes. ROSE might hit $2.5 by 2030.
Conclusion
With continuous improvements in the Oasis Network network, we can say that 2023 is a good year for ROSE. For this reason, the bullish price prediction of Oasis Network (ROSE) in 2023 is $0.23745. On the other hand, the bearish price prediction of Oasis Network (ROSE) price prediction for 2023 is $0.03332.
Furthermore, with the advancements and upgrades to the Oasis Network ecosystem, the performance of ROSE would help to reach above its current all-time high (ATH) of $0.597347 very soon. But, it might also reach $0.2 if the investors believe that ROSE is a good investment in 2023.
FAQ
Oasis Network (ROSE) is the utility token of the Oasis Network. Oasis Network is a privacy-focused smart contracts-based platform built on Cosmos SDK.
Oasis Network (ROSE) has been listed on many crypto exchanges which include Binance, KuCoin, MEXC, Coinbase Exchange, LBank. Gate.io.
With the ongoing developments and upgrades within the Oasis Network Platform, ROSE has a high possibility of reaching its ATH soon.
On January 15, 2022, Oasis Network (ROSE) reached its new all-time high (ATH) of $0.597347.
Oasis Network (ROSE) seems to be one of the top-gaining cryptocurrencies this year. According to the recorded achievements of Oasis Networkin the past few months, ROSE is considered a good investment in 2023.
Oasis Network (ROSE) is one of the active cryptos that continues to maintain its bullish state. Eventually, if this bullish trend continues then Oasis Network (ROSE) will hit $0.5 soon.
Oasis Network (ROSE) price is expected to reach $0.8 by 2024.
Oasis Network (ROSE) price is expected to reach $1 by 2025.
Oasis Network (ROSE) price is expected to reach $1.7by 2026
Oasis Network (ROSE) price is expected to reach $1.9 by 2027.
Disclaimer: The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.
Read more: https://thenewscrypto.com/oasis-network-rose-price-prediction
Text source: TheNewsCrypto – Blockchain & Cryptocurrency News M
