Should You Sell Oasis Network (ROSE) Sunday?

Sunday, March 31, 2024 07:28 AM | InvestorsObserver Analysts

Oasis Network receives an average long-term technical score of 45 from InvestorsObserver's research based on historical trading patterns. The proprietary scoring system weighs price movement from recent months to a year, analyzes the token's support and resistance levels, and where it is relative to long-term averages to determine whether it's a strong buy-and-hold investment opportunity. ROSE currently holds a superior long-term technical analysis score than 45% of cryptos in circulation. This ranking metric is most useful to buy-and-hold type investors looking for strong steady growth when allocating their assets. tokens with a high long and short-term technical score can help indicate assets that have bottomed out, providing investors a chance to 'buy the dip'.

InvestorsObserver is giving Oasis Network a 45 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Oasis Network!

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Trading Analysis

Oasis Network's price is $0.0100000 (4.91%) above its 100-day moving average price of $0.130000000 as its price at the moment sits at $0.140000000. Additionally, ROSE is $0.1000000 (-29453.96%) higher than its 52-week low price of $0.040000000 while -$0.05000000 (-5321.82%) under its 52-week high of $0.190000000. The current trading price in relation to its long-term average along with its 52-week high and low, gives ROSE an average long-term technical score of 45. Long-term trading movement of Oasis Network suggest that investors are bearish on the token at the moment. Oasis Network currently has a total market cap of $914,786,693.47 to go along with its average daily volume of $155,449,547.65 worth of the currency over the past seven days. ROSE's volume is below its seven day average as of the past 24 hours, with 23,497,031.88 exchanged in that period. This token's subclass Art, Collectibles and Non-Fungible Tokens: Non-fungible tokens (NFTs) are units of data stored on a digital ledger that use blockchain technology to authenticate and verify ownership. They often take the form of photos, videos, audio, and other representations of real-world items. This category also includes other tokens that are used in the buying, selling or collecting of art or certain other digital goods.

Summary

Trading patterns over the last year for Oasis Network leads to the token's an average long-term technical score of 45 as its consistency, volatility, and relation to long-term averages has given investors reason to be bearish on the token. Click Here to get the full Report on Oasis Network (ROSE).