Ocean Protocol Could Be Up For A Mega Run; Here Is Why

OCEAN’s price shows the market a glimpse of bullish hope as price broke out of its long-range movement with strong volume. OCEAN trades above key resistance as price breaks out of range holding above 8 and 20-day EMA. The price of OCEAN eyes a rally to $0.1 as key resistance was flipped into support with more buy orders. The price of Ocean Protocol (OCEAN) has continued to show its strength as price trends with key breakouts from a downtrend range against tether (USDT). With the crypto market cap bouncing from its weekly low as the market continued to look promising, the price of Ocean Protocol (OCEAN) was not left out as the price broke out of its long daily range, with the price trending to a higher height. (Data from Binance) Related Reading: This Little Known DeFi Token Is Attracting Investors – Find Out Here Ocean Protocol (OCEAN) Price Analysis On The Weekly Chart The crypto market received relief, as most crypto altcoins expected. However, despite the recent price surge in most crypto assets, some altcoins have remained range-bound. As the price of OCEAN could not break out with real volume in previous months, it was stocked in a range-like box. OCEAN’s price continued to move between $0.16 and $0.15 before breaking out and trending higher. After a long-term movement, and with the month looking good for most altcoins, as many refer to it as the month of Uptober, the price of OCEAN could be set for a break ou...