Image of BTG
BTGOpenverse Network
$0.5389
-2.96%
1D

Openverse Network Analysis

Investment Score
A quick view into Openverse Network's investment prospects.
7.8

The asset still looks technically supportive, with multiple signals continuing to back the setup.

What is helping
  • The current level still offers a favorable reward-to-risk profile.
  • High Conviction Breakout: Price recently crossed above the 50-day average and VWMA is confirming, suggesting accumulation-backed momentum.
Main risks
  • Price is trading below the volume-weighted average, which suggests the move is losing volume-backed support.
  • Price is trading below the Ichimoku base line, which suggests the broader structure is weakening.
Market State Summary
Current regime
Bull Quiet
Confidence: 68%
Why this state?
  • BTG is above SMA50
  • SMA50 is below 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
BTG is trading above key moving averages and the medium-term trend is still rising.
Momentum
Neutral
RSI is 49.58, which is neither overbought nor oversold.
Volatility
Quiet
BTG ATR volatility is below the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.6392 - $0.6813
Support zone
$0.4881 - $0.5566
Chart Patterns
SMA50
SMA100
SMA200
RSI
Neutral
MACD
Bearish
ATR%
Quiet
Volume
Low
Support & Resistance

Openverse Network 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
$0.4881 - $0.5566
Resistance zone
$0.6392 - $0.6813
Active zone
--
Levels Table
LevelZoneStrength
Support 1$0.4881 - $0.5566
Resistance 1$0.6392 - $0.6813
Resistance 2$0.6838 - $0.7632
Resistance 3$0.7658 - $0.8080
Resistance 4$0.8909 - $0.9330
Scenario Analysis
Bullish scenario

BTG clears the resistance zone at $0.6392 - $0.6813 and holds above it. That would strengthen the breakout case and shift attention to $0.6838 - $0.7632.

Bearish scenario

BTG loses the support zone at $0.4881 - $0.5566. That would weaken the setup and open the way toward $0.4881 - $0.5566.

Neutral scenario

BTG continues trading between $0.5566 and $0.6392. 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
$0.5506
Bullish
BTG is trading above the 50-day average.
SMA200
$1.53
Bearish
BTG remains below the long-term trend line.
EMA50
$0.5794
Bearish
BTG is trading below the 50-day exponential average, which weakens the recent trend.
EMA200
$1.92
Bearish
BTG is below the 200-day exponential average, which keeps the longer-term structure under pressure.
RSI (14)
49.58
Neutral
RSI (14) is at 49.58, which keeps momentum in a balanced range.
Stoch RSI (14)
14.82
Oversold
Stoch RSI (14) is low at 14.82, which shows momentum is pressing near its recent lower extreme.
MACD
0.007403
Bearish
MACD is below its signal line.
ATR
9.47%
Quiet
Volatility is below its 180-day median.
VWMA
$0.5736
Bearish
Price is below the volume-weighted average.
Commodity Channel Index (20)
-20.15
Neutral
CCI (20) is at -20.15, which keeps price relatively close to its recent average.
Awesome Oscillator (5, 34)
$0.02544
Bullish
Awesome Oscillator is above zero at $0.02544, which supports bullish momentum.
Williams Percent Range (14)
-82.74
Oversold
Williams Percent Range (14) is near the bottom of its recent range at -82.74.
Bull Bear Power (13)
$-0.01588
Bearish
Bull Bear Power (13) is negative at $-0.01588, which suggests sellers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
40.51
Neutral
Ultimate Oscillator is at 40.51, which suggests momentum is balanced across its short, medium, and long windows.
Hull Moving Average (9)
$0.5561
Bullish
BTG is trading above the Hull Moving Average (9), which supports the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.5900
Bearish
BTG is trading below the Ichimoku base line, which points to weaker structure.
Assets Similar to Openverse Network

Over the past 7 days, Openverse Network price was most positively correlated with the price of Litecoin (LTC), Zcash (ZEC), Nexo (NEXO), PancakeSwap (CAKE) and Celestia (TIA) and most negatively correlated with the price of Curve DAO Token (CRV), XDC Network (XDC), Stellar (XLM), Pump.fun (PUMP) and Midnight (NIGHT).

Positively Correlated Currencies
NameCorrelation
Image of LitecoinLitecoin0.854
Image of ZcashZcash0.850
Image of NexoNexo0.850
Image of PancakeSwapPancakeSwap0.845
Image of CelestiaCelestia0.835
Negatively Correlated Currencies
NameCorrelation
Image of Curve DAO TokenCurve DAO Token-0.871
Image of XDC NetworkXDC Network-0.757
Image of StellarStellar-0.735
Image of Pump.funPump.fun-0.727
Image of MidnightMidnight-0.707

Openverse Network price is positively correlated with the top 10 coins by market cap with a price of 0.175, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.183. Currencies that are positively correlated with Openverse Network 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 Openverse Network, a move in one direction for Openverse Network would translate into a move in the opposite direction for the negatively correlated coin.

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