Ocean Protocol Technical Analysis: OCEAN/USD jumps to $114 million market capitalization and slides into top 80th
|- OCEAN/USD just surpassed $110 million in market capitalization after another 15% price boost.
- OCEAN bulls are unstoppable making the digital asset one of the best-performing assets in 2020.
OCEAN has hit $0.368 after another massive price boost in the last 24 hours. Ocean Protocol has been climbing the ladder non-stop in the past four months and managed to hit a $100 million market capitalization.
OCEAN/USD daily chart
Clearly, OCEAN is extremely bullish and in a sturdy daily uptrend facing no resistance levels but the RSI is overbought. The daily 12-EMA is currently located at $0.249 and the 26-EMA is at $0.202, both should serve as support levels in case OCEAN sees a pullback.
OCEAN/USD 4-hour chart
OCEAN has been riding the 12-EMA for days now, an indicator that this bull rally is actually healthy even though it’s quite steep.
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