Image of OCEAN
OCEANOcean Protocol
$0.1203
-5.19%
1D

Ocean Protocol Analysis

Investment Score
A quick view into Ocean Protocol's investment prospects.
3.5

The current setup is weak or too risky to treat as an attractive buy right now.

What is helping
  • Bollinger Squeeze: Bollinger Bands are at historically narrow levels, signaling a high-energy move is coiling. Watch for a directional break.
  • Institutional Support Reclaimed: A recent candle wick broke below SMA200 but closed above it while VWMA held, indicating strong buying interest at that level.
Main risks
  • Price is too close to resistance relative to nearby support.
  • The higher-timeframe trend is still working against fresh longs.
Market State Summary
Current regime
Bear Quiet
Confidence: 84%
Why this state?
  • OCEAN is below SMA50
  • SMA50 is above SMA200
  • SMA50 slope is negative over the last 10 days
  • 30-day return is negative
  • ATR volatility is below the 60th percentile of its trailing 180-day history
Suggested strategy

In the current Bear Quiet regime, the best-fit approach is Stay defensive and wait for confirmation. The market is weak without panic-level volatility, which usually argues for staying defensive, avoiding aggressive entries, and waiting for clearer evidence of a reversal.

Trend
Bearish
OCEAN is trading below key moving averages and the medium-term trend is still weakening.
Momentum
Oversold
RSI is 22.30, which points to stretched downside momentum.
Volatility
Quiet
OCEAN ATR volatility is below the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.1253 - $0.1288
Active zone
$0.1208 - $0.1252
Support zone
$0.1136 - $0.1189
Chart Patterns
SMA50
SMA100
SMA200
RSI
Oversold
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
$0.1136 - $0.1189
Resistance zone
$0.1253 - $0.1288
Active zone
$0.1208 - $0.1252
Levels Table
LevelZoneStrength
Support 1$0.1136 - $0.1189
Support 2$0.09823 - $0.1107
Support 3$0.08980 - $0.09429
Resistance 1$0.1253 - $0.1288
Resistance 2$0.1295 - $0.1323
Resistance 3$0.1332 - $0.1442
Resistance 4$0.1460 - $0.1521
Active 1$0.1208 - $0.1252
Scenario Analysis
Bullish scenario

OCEAN clears the resistance zone at $0.1253 - $0.1288 and holds above it. That would strengthen the breakout case and shift attention to $0.1295 - $0.1323.

Bearish scenario

OCEAN loses the support zone at $0.1136 - $0.1189. That would weaken the setup and open the way toward $0.09823 - $0.1107.

Neutral scenario

OCEAN continues trading between $0.1189 and $0.1253. 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
$0.1489
Bearish
OCEAN is trading below the 50-day average.
SMA200
$0.1260
Bearish
OCEAN remains below the long-term trend line.
EMA50
$0.1398
Bearish
OCEAN is trading below the 50-day exponential average, which weakens the recent trend.
EMA200
$0.1377
Bearish
OCEAN is below the 200-day exponential average, which keeps the longer-term structure under pressure.
RSI (14)
22.30
Oversold
RSI (14) is depressed at 22.30, which suggests downside momentum may be getting exhausted.
Stoch RSI (14)
0.00
Oversold
Stoch RSI (14) is low at 0.00, which shows momentum is pressing near its recent lower extreme.
MACD
-0.006172
Bearish
MACD is below its signal line.
ATR
2.75%
Quiet
Volatility is below its 180-day median.
VWMA
$0.1364
Bearish
Price is below the volume-weighted average.
Commodity Channel Index (20)
-113.34
Bearish
CCI (20) is weak at -113.34, which shows price is trading well below its recent average.
Awesome Oscillator (5, 34)
$-0.01624
Bearish
Awesome Oscillator is below zero at $-0.01624, which supports bearish momentum.
Williams Percent Range (14)
-99.97
Oversold
Williams Percent Range (14) is near the bottom of its recent range at -99.97.
Bull Bear Power (13)
$-0.004651
Bearish
Bull Bear Power (13) is negative at $-0.004651, which suggests sellers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
35.66
Neutral
Ultimate Oscillator is at 35.66, which suggests momentum is balanced across its short, medium, and long windows.
Hull Moving Average (9)
$0.1256
Bearish
OCEAN is trading below the Hull Moving Average (9), which weakens the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.1413
Bearish
OCEAN is trading below the Ichimoku base line, which points to weaker structure.
Assets Similar to Ocean Protocol

Over the past 7 days, Ocean Protocol price was most positively correlated with the price of Hedera Hashgraph (HBAR), Cronos (CRO), VeChain (VET), Sky (SKY) and BitTorrent (BTT) and most negatively correlated with the price of SPX6900 (SPX), LEO Token (LEO), Quant (QNT), KuCoin Token (KCS) and Midnight (NIGHT).

Positively Correlated Currencies
NameCorrelation
Image of Hedera HashgraphHedera Hashgraph0.865
Image of CronosCronos0.850
Image of VeChainVeChain0.829
Image of SkySky0.826
Image of BitTorrentBitTorrent0.808
Negatively Correlated Currencies
NameCorrelation
Image of SPX6900SPX6900-0.671
Image of LEO TokenLEO Token-0.552
Image of QuantQuant-0.515
Image of KuCoin TokenKuCoin Token-0.499
Image of MidnightMidnight-0.434

Ocean Protocol price is positively correlated with the top 10 coins by market cap with a price of 0.472, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.412. 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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