Key Takeaways:
- The ROSE price closed the previous day’s trade at INR 23.98 with a market capital of INR 103 Cr and a circulating supply of 3.49B ROSE
- The asset’s parabolic recovery appears to have been hindered by the recent price slash which is expected to be flipped very soon
- With the next leg up, the ROSE price is expected to test the crucial resistance just an inch above the current levels at INR 24.17and try to secure above these levels
Oasis Network Price Analysis: How High Will ROSE Crypto Price Go in April 2022?
After a brief consolidation from mid-February to mid-March, the price initiated a flip and underwent a parabolic recovery. However, the asset faced a rejection just an inch below the important resistance levels but the buyers are trying hard to keep the price above $0.3 levels.
However, undergoing healthy price fluctuations, the ROSE price is expected to secure the INR 24.17 level at the earliest. Further sustaining above these levels may enable the price to test and also seal off the levels above INR 26.52 by the end of April 2022.
Oasis Network Price Prediction: Will ROSE Price Hit INR 75 in 2022?
The ROSE price managed to smash its highs during the first fortnight of 2022 and despite a huge price slash, displays a significant bullish momentum. However, after undergoing a parabolic recovery, the asset is testing one of the crucial resistance levels which may determine the next action.
Further, by the end of Q2, the price may settle above INR 30 which may ignite a healthy uptrend towards the next level close to INR 35. Yet in the second half of 2022, the ROSE price is expected to re-ignite a healthy bull run that could assist the price to test the levels around INR 50. However, the ATH at INR 45.18 may be tested but the asset may fail to form a new ATH by the end of 2022.
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