Analytics

COTI and Origin Protocol (OGN) Technical Analysis: Back to H1 2021 Highs?

COTI and Origin Protocol buyers are reading from the same script. While OGN might print new H2 2011 highs, COTI could spring back to $0.45.

COTI

The COTI platform empowers enterprises to build crypto-leaning payment systems using its native token at the core.

Past Performance of COTI

The COTI token is trading in a bullish breakout pattern, firm on the last trading day reading from technical analysis in the daily chart.

Notably, the COTI crypto token is up three percent against the greenback, stabilizing against ETH.

COTI Technical Analysis

The COTI coin is trading within a bullish breakout pattern reading from the daily chart.

Accordingly, the coin could print higher in the days ahead as traders expect even more gains.

Notably, there has been a retest after COTI strong surge in August.

As prices find support at the middle BB, the dynamic support line may be the springboard back to $0.45 in a buy trend continuation pattern.

Day-Ahead and What to Expect

The uptrend is clear, and COTI buyers are in the driving seat. In the immediate term, the middle BB is the primary support.

Since gains were posted over the weekend, every dip might provide entries for optimistic and aggressive traders.

In that case, COTI prices might expand to $0.45. On the flip side, dips below the middle and $0.30 would dampen the uptrend.

Origin Protocol (OGN)

The Origin Platform’s core mandate is to decentralized service offerings using Ethereum and the IPFS as the primary ledgers. OGN is the facilitating token.

Past Performance of OGN

As per the performance in the daily chart, OGN crypto buyers are tireless.

The uptrend is clear, and bulls are clearly in control.

When writing, the Origin Protocol token is firm in a bullish breakout pattern, adding eight percent against the USD on the last trading day.

Of note, the OGN crypto token could print above last week’s highs and register new H2 2021 highs.

Day-Ahead and What to Expect

The path of the least resistance for the OGN token is northwards.

As per the OGN technical analysis in the daily chart, buyers stand a chance.

Notably, a close above $1.3 would affirm buyers of August, propelling the token to new H2 2021 territories and close to 2021 highs.

On the flip side, a dump below $1.10 might slow down determined buyers.

OGN Technical Analysis

Presently, OGN buyers are in control.

Accordingly, every Origin Protocol token dip presents an opportunity for aggressive buyers, building momentum to close above $1.3 to new September 2021 highs.

Even so, losses below the middle BB and $1.1 — September 3 lows — would likely weaken bulls, triggering a sell-off towards $0.95.

   

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