Image of OCEAN
OCEANOcean Protocol
$0.1588
1.00%
1D

Ocean Protocol Analysis

Investment Score
A quick view into Ocean Protocol's investment prospects.
9.0

The setup looks very strong, with broad technical confirmation still supporting the current structure.

What is helping
  • The current level still offers a favorable reward-to-risk profile.
  • Squeeze Breakout Setup: Bollinger Bands are historically compressed and price is above EMA50, suggesting an expansion move may be underway.
Main risks
  • Momentum is extended, which raises the risk of chasing.
  • Trend Exhaustion Risk: Price is more than 5% extended above EMA50, increasing the risk of a pullback or mean-reversion dip.
Market State Summary
Current regime
Bull Quiet
Confidence: 95%
Why this state?
  • OCEAN is above SMA50
  • SMA50 is above SMA200
  • SMA50 slope is positive over the last 10 days
  • 30-day return is positive
  • ATR volatility is below the 60th percentile of its trailing 180-day history
Suggested strategy

In the current Bull Quiet regime, the best-fit approach is Trend following / buy dips. Trend conditions are constructive and volatility is contained, which usually favors following the move higher and looking for pullbacks instead of fading strength.

Trend
Bullish
OCEAN is trading above key moving averages and the medium-term trend is still rising.
Momentum
Overbought
RSI is 74.92, which points to stretched upside momentum.
Volatility
Quiet
OCEAN ATR volatility is below the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.1992 - $0.2163
Support zone
$0.1334 - $0.1455
Chart Patterns
SMA50
SMA100
SMA200
RSI
Overbought
MACD
Bearish
ATR%
Quiet
Volume
Low
Support & Resistance

Ocean Protocol support and resistance levels highlight key price zones where buyers and sellers are most active. This section helps identify likely breakout areas, pullback support, overhead resistance, and the current trading range so you can evaluate trend continuation, reversal risk, and near-term crypto price direction.

Support zone
$0.1334 - $0.1455
Resistance zone
$0.1992 - $0.2163
Active zone
--
Levels Table
LevelZoneStrength
Support 1$0.1334 - $0.1455
Support 2$0.1128 - $0.1198
Support 3$0.09775 - $0.1117
Support 4$0.08282 - $0.09557
Resistance 1$0.1992 - $0.2163
Resistance 2$0.2325 - $0.2396
Resistance 3$0.2556 - $0.2627
Resistance 4$0.2736 - $0.2846
Scenario Analysis
Bullish scenario

OCEAN clears the resistance zone at $0.1992 - $0.2163 and holds above it. That would strengthen the breakout case and shift attention to $0.2325 - $0.2396.

Bearish scenario

OCEAN loses the support zone at $0.1334 - $0.1455. That would weaken the setup and open the way toward $0.1128 - $0.1198.

Neutral scenario

OCEAN continues trading between $0.1455 and $0.1992. In that case, range-trading conditions remain active.

Technical Indicators

Technical indicators help summarize trend, momentum, volatility, and key price levels. They should not be used in isolation, but they can help identify whether a coin is trending, ranging, overextended, or approaching an important support or resistance level.

IndicatorValueSignalInterpretation
SMA50
$0.1214
Bullish
OCEAN is trading above the 50-day average.
SMA200
$0.1199
Bullish
OCEAN remains above the long-term trend line.
EMA50
$0.1299
Bullish
OCEAN is holding above the 50-day exponential average, which supports the recent trend.
EMA200
$0.1326
Bullish
OCEAN is above the 200-day exponential average, which keeps the longer-term structure constructive.
RSI (14)
74.92
Overbought
RSI (14) is elevated at 74.92, which suggests upside momentum may be getting stretched.
Stoch RSI (14)
55.54
Neutral
Stoch RSI (14) is at 55.54, which suggests momentum is active but not yet extreme.
MACD
0.009242
Bearish
MACD is below its signal line.
ATR
3.47%
Quiet
Volatility is below its 180-day median.
VWMA
$0.1445
Bullish
Price is above the volume-weighted average.
Commodity Channel Index (20)
128.86
Bullish
CCI (20) is strong at 128.86, which shows price is trading well above its recent average.
Awesome Oscillator (5, 34)
$0.02195
Bullish
Awesome Oscillator is above zero at $0.02195, which supports bullish momentum.
Williams Percent Range (14)
-6.69
Overbought
Williams Percent Range (14) is near the top of its recent range at -6.69.
Bull Bear Power (13)
$0.007396
Bullish
Bull Bear Power (13) is positive at $0.007396, which suggests buyers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
46.28
Neutral
Ultimate Oscillator is at 46.28, which suggests momentum is balanced across its short, medium, and long windows.
Hull Moving Average (9)
$0.1557
Bullish
OCEAN is trading above the Hull Moving Average (9), which supports the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.1280
Bullish
OCEAN is trading above the Ichimoku base line, which supports bullish structure.
Assets Similar to Ocean Protocol

Over the past 7 days, Ocean Protocol price was most positively correlated with the price of BitTorrent (BTT), Ethereum (ETH), Raydium (RAY), GateToken (GT) and Tezos (XTZ) and most negatively correlated with the price of Avalanche (AVAX), Trust Wallet Token (TWT), XDC Network (XDC), Aptos (APT) and Midnight (NIGHT).

Positively Correlated Currencies
NameCorrelation
Image of BitTorrentBitTorrent0.755
Image of EthereumEthereum0.675
Image of RaydiumRaydium0.673
Image of GateTokenGateToken0.608
Image of TezosTezos0.542
Negatively Correlated Currencies
NameCorrelation
Image of AvalancheAvalanche-0.681
Image of Trust Wallet TokenTrust Wallet Token-0.676
Image of XDC NetworkXDC Network-0.674
Image of AptosAptos-0.665
Image of MidnightMidnight-0.665

Ocean Protocol price is negatively correlated with the top 10 coins by market cap with a price of -0.499, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.255. Currencies that are positively correlated with Ocean Protocol indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with Ocean Protocol, a move in one direction for Ocean Protocol would translate into a move in the opposite direction for the negatively correlated coin.

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