Table of Contents
ToggleKey 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 24.17 and 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.
Additional Read: Oasis Network Technical Analysis
Oasis Network Price Analysis: BTC Price Table (Last 07 Days)
Date | All-Time High | All-Time Low | Market Capitalization |
03 April 2022 | INR 24.18 | INR 20.80 | INR 103 Cr |
02 April 2022 | INR 22.1 | INR 20.93 | INR 94.47 Cr |
01 April 2022 | INR 21.65 | INR 20.36 | INR 97.32 Cr |
31 March 2022 | INR 22.30 | INR 20.26 | INR 95.02 Cr |
30 March 2022 | INR 23.00 | INR 20.93 | INR 102 Cr |
29 March 2022 | INR 21.72 | INR 20.80 | INR 95.39 Cr |
28 March 2022 | INR 22.23 | INR 21.00 | INR 99.70 Cr |
Oasis Network Price Prediction: ROSE Price Trend Comparison with SOL (Last 30 Days)
Source: Tradingview
Oasis Network and Solana, both are layer-1 blockchain networks, similar to Bitcoin or Ethereum. ROSE price maintained a significant uptrend throughout March until it faced a huge pullback during the first few days of April. The SOL price crossed the ROSE price trend at the beginning of April trade and despite a healthy plunge, managed to keep up the bullish momentum. At present, the SOL price is 60% above the average levels while the ROSE price is very close, 54.16% above.
Correlation of ROSE/INR and ROSE/BTC (Last 30 Days)
Source: Tradingview
The ROSE/USDT pair maintained a significant uptrend throughout the previous month and continues to range high. The platform received huge buying volume in the past couple of days which enabled the price to spike high. And despite a minor rejection, the USDT pair appears poised to flip and continue with the uptrend. The ROSE/USDT price is 54.45% above the average levels whereas ROSE/BTC maintained a silent trend being 17.67% above.
Where & How to Buy Oasis Network ROSE coin
CoinDCX is India’s most popular crypto exchange with a wide variety of crypto assets with multiple benefits at affordable rates. All you need to do is download the CoinDCX App on your smartphone and enter the required details. Once the details are verified, then fund your wallet and buy ROSE or any of your desired crypto.
Investing in any crypto has become much easy with CoinDCX’s Crypto Investment Plan (CIP). Pretty much similar to SIPs, you can invest in crypto assets in fixed weekly installments for a pre-determined tenure. Therefore, start in Bitcoin & other cryptos with Crypto Investment Plan now!
Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. In case you have any queries, write to [email protected].
The above information represent the independent views of Primestack Pte. Ltd, Neblio Technologies Pvt. Ltd, and/or their affiliate entities and are for informational & educational purposes only. The content, information or data provided above is not an offer, or solicitation of an offer, to invest in, or to buy or sell any interest or shares, virtual digital assets/ crypto products or securities, or to participate in any investment or trading strategy. Any statement or communication made above shall not be treated as a legal, financial, investment or tax advice by the reader. The calculations, data, risk-return formulations, performance or market capitalization indicators captured above are based on the independent data sourcing including collation of public information and/or analysis performed by analysts, advisors or employees of Primestack Pte. Ltd/ Neblio Technologies Pvt. Ltd and/or their affiliate companies and/or any third party. Past performance is not indicative of any future results. The reader(s) are hereby advised to consult their financial/ legal/ tax advisor(s) before making any investment.
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