Origin Protocol Price Prediction – Will OGN Price Hit $2 Soon?

This Origin Protocol (OGN) Price Prediction 2022 article is based on technical analysis alone. Below, you will see the key metrics that we have taken into consideration upon coming up with our OGN price analysis and prediction.

Among the cryptocurrencies that are rallying this year, Origin is perhaps one of the most surprising for some. It is not directly connected to Bitcoin, nor is it the most hyped cryptocurrency today.

But for those that are aware, Origin Protocol has been around since 2017. It recently made headlines after hitting almost $3.39 on April 08, 2021, according to CoinMarketCap. Its price has reduced by over 48% in the past one year.

Can Origin Protocol reach $2 in 2022? We will find out shortly. But before we proceed to our Origin Protocol price analysis, let us first answer the question “What is Origin Protocol?” in this OGN prediction 2022 article.

What is Origin Protocol (OGN)?

Origin Protocol is a network that enables market participants to distribute goods and services via peer-to-peer (P2P) networks. Moreover, the platform focuses to create an extensive online platform that leverages the Ethereum (ETH) blockchain and Interplanetary File System (IPFS), however, to eliminate middlemen’s needs.

More so, the protocol enables the creation of a decentralized setting where both buyers and sellers can combine, check for available listings, write reviews, and perform many other actions. With this, fractional utilization of assets could be traded more easily.

Now that we have an idea about OGN, do you think Origin Protocol (OGN) will be profitable crypto in 2022? Join me and let us see the charts in this OGN price analysis and OGN price prediction.

Origin Protocol (OGN) Current Market Status

As of the time of writing this Origin price analysis, OGN trades at $0.4058 with a 24-hour trading volume of $503,205,682. The price of OGN has increased by 52.09% in the last 24 hours.

Furthermore, OGN has a current circulating supply of 388,570,732.54 OGN. Currently, the top cryptocurrency exchanges for OGN are Binance, Huobi Global,Gate.io, Kucoin, Kraken, Mexc and others.

Now, let’s proceed to the next part of this OGN technical analysis for 2022.

Origin Protocol (OGN) Price Analysis 2022

Currently, OGN holds 270th place on CoinMarketCap. But will the latest upgrades, development, and changes in the OGN blockchain help the cryptocurrency price to reach higher? Let’s proceed to the charts in this OGN price prediction article.

Keltner channel is a technical analysis indicator that is used to determine trend directions by measuring the volatility above or below the candlesticks. From the Keltner Channel signals for Origin Protocol (OGN), it could be seen that the present uptrend could continue since the last candlestick had continued the breakout from the top of the curve. This shows that the present increase in the price of OGN might be sustained for some days before any reversal would be expected.

The Relative Strength Index (RSI) measures the relative momentum in the magnitude of recent price changes so as to deduce oversold or overbought assets. The RSI value of Origin Protocol (OGN) 1day chart of OGN/USDT is at 67.34.  This shows that OGN is showing a strong trend since it is between 50 and 70. This value is triggering a bullish run already since it seems that more buyers had repositioned as the value is moving towards the 70 RSI mark which will be the overbought region.

The 200-MA and the 100-MA are further apart but the 100-MA is already close to the last candlestick, which means that the price of OGN might plummet soon. However, long-term investors would gain since the 200-MA is above the 100-MA.

Origin Protocol (OGN) Price Prediction

The chart below shows that Origin Protocol has performed great over the past few days. Moreover, the OGN price is over 48% in the last 14 days. If this trend continues, OGN might run along with the bulls, overtaking its $0.4965 resistance1 level and climb higher to $1.4234 at resistance4 level, the bullish signal for 2022.

Conversely, if the investors turn against the crypto, the bears might take over and dethrone OGN from its uptrend position. In simpler terms, the price of OGN might plummet to almost $0.2412, a bearish signal.

Meanwhile, our long-term OGN price prediction for 2022 is bullish. It has a high possibility of surging over its current all-time-high (ATH) at about $3.39 this year. However, that will only take place if it breaks many past psychological resistances.

Origin Protocol (OGN) Price Prediction 2022

If this bullish trend continues, OGN will reach $1.4234 by the end of 2022. Moreover, the first half of 2022 is going to show rapid growth, up to $0.7609. Then the rise will slow down, but no major falls are expected. With upcoming, partnerships, and developments reaching $2 is quite optimistic in the price point of view but undoubtedly feasible for the near future.

Origin Protocol (OGN) Price Prediction 2023

If OGN holds the support level around 200-MA which is the long-term moving average, buyers will then have OGN time and stability to forge the next attack mission on the vital level at $5, making it not plummet but play consistently.

Origin Protocol (OGN) Price Prediction 2024

As per the latest upgrades, developments, OGN price prediction, and new project forecasts of the platform, OGN investors could expect many partnerships and integrations around 2024. Moreover, this might boost the price of OGN in the crypto market, and it will be the best investment as the price can spike and reach around $15.

Origin Protocol (OGN) Price Prediction 2025

In the next four years, OGN prices could rise up to $20. More so, reaching this level could not be so difficult for OGN as an additional medium, short-term, and long-term price targets could be found to purchase or sell orders. This indicates that OGN has a high possibility of reaching a new ATH soon in the next five years as per the prediction.

Origin Protocol (OGN) Price Prediction 2026

In the next five years, OGN prices could rise up to $40. More so, reaching this level could not be so difficult for OGN as an additional medium, short-term, and long-term price targets could be found to purchase or sell orders. This indicates that OGN has a high possibility of reaching a new ATH soon in the next five years as per the prediction.

Conclusion

Origin Protocol has a bright future ahead of it in 2022. With the ongoing developments happening within the OGN ecosystem, as well as in the overall crypto market, we may see OGN reach new heights.

Bullish OGN price prediction 2022 range is $0.7609 to $1.4234. As said above, it may even reach $2 if investors have decided that OGN is a good investment in 2022, along with mainstream cryptocurrencies like Bitcoin and Ethereum.

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Disclaimer: The views and opinions expressed in this article are solely the author’s and do not necessarily reflect the views of CoinQuora. No information in this article should be interpreted as investment advice. CoinQuora encourages all users to do their own research before investing in cryptocurrencies.

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