Table of Contents
ToggleKey Takeaways
- Osmosis price witnessed a major spike, which elevated the price by over 60% in just a few hours, marking the highs for the year 2023
- Unfortunately, the bulls failed to hold the gains, ending up in a significant pullback and causing the price to reach its initial levels
- The technicals are bullish at the moment and have reached above the upper resistance, signaling a probable pullback may occur very soon
Osmosis Overview as of December 27, 2023
Osmosis Price | $1.63 |
24 Price Change | +0.28% |
7D Price Change | +21.6% |
Market Cap | $803.61 million |
Circulating Supply | 492.59 million |
Trading Volume (24-Hour) | $103.88 million |
ATH | $11.21 |
Fear-Greed Index | 71 (Greed) |
Sentiment | Bullish |
Volatility | 33.47% |
Green Days | 24/30(80%) |
Osmosis Technical Analysis
Bullish | 87% |
Bearish | 13% |
- OSMO bulls have been in action since the beginning of November and as the trade is heading to its climax, another fresh bullish wave was recorded
- The token witnessed the second-highest jump in volume since then, which indicates the bulls are more in control, aiming to test the upper resistance
- OSMO price is trading within an ascending parallel channel and has transformed the ascending resistance into support, which has been offering a strong base for over a week
- As the RSI and MACD are displaying bearish capabilities, the price may test the lower ascending support, piercing through the average levels of the channel
- The crypto markets continue to remain optimistic, and hence, a fair rebound could be triggered at around $1.45, which may elevate the price close to $1.8 by the year-end
Additional Read: Bitcoin Price Prediction 2024
OSMO Price Prediction 2023-2030
Year | Minimum Price / Maximum Price |
2023 | $1.85 to $1.95 |
2024 | $4.5 to $5.5 |
Osmosis Price Prediction December 2023
Osmosis price has been falling under extremely bearish conditions since the collapse of the Terra ecosystem in May 2022. Despite the market’s rebound at the beginning of 2023, the token failed to revive. However, the bulls appear to have gained back control with a decent rise in buying volume. Therefore, the price is about to experience a fresh bullish wave as the buying pressure has accumulated to a large extent.
After witnessing a massive upswing in the past few hours, the bulls appear to have exhausted themselves to some extent. The immediate lower support at $1.5 to $1.57 may offer a strong base, which may help the bulls revive the upswing. Besides, the markets are also heading towards a bullish close for the year. This may keep up the bullish momentum and close the yearly trade above $1.85 to $1.9.
Osmosis Price Prediction 2024
- Osmosis price is expected to begin the 2024 trade on a bullish note, as the buying pressure could have piled up to a large extent
- The first half is believed to remain elevated, surpassing $2 initially and later continuing to mark higher milestones at $3 and $5 by the end of the H1 trade.
- However, a minor pullback could be followed, which may marginally drag OSMO price by 10% to 15%
- In the latter part of the year, the bulls are expected to regain momentum and trigger a fine upswing, which may further transform into a bull run by the end of the third quarter
- During the fourth quarter, the bull run could intensify, and OSMO price may reach a two-digit figure of $10 to $10.5 by the end of the year.
Osmosis Price Prediction 2025
- The beginning of 2025 may mark the start of a fresh bullish phase, as the markets could be at the peak of the bull run that started during the fourth quarter of 2023
- The bears may have no room to thrive or intensify their actions, as the bulls could have greater control and a tighter grip over the rally
- By the middle of the second quarter, OSMO price may form a new ATH at around $22.5 to $25, which may be followed by a considerable setback.
- The start of the second half of the year may be quite bearish, as the dropped bullish activity may pave the way for the bears to thrive
- By the end of the year, the price is expected to plunge by more than 30% to 35% and trade between $16.75 and $17.5
Osmosis Price Prediction 2026
- The trend could be in favor of bears since the start of the year, as market participants may constantly extract profits after a 35% drop in 2025
- Initially, it could appear as a correction, but slowly, the descending trend may transform into a bear market where bulls may have less control over the rally
- OSMO price is expected to form constant lower highs and lows, suggesting growing strength among the bears
- As the trade enters the final quarter of the year, the bears are expected to face a minor drain in their strength, paving the way for the bulls to regain some momentum
- By the end of the year, the price may certainly not trigger a healthy upswing but may stall a descending trend and trade between $9.5 to $11.25.
Read On: Ethereum Prediction
Osmosis Price Prediction 2027
- The markets may remain still in the first few weeks of 2027, as the bulls could be fighting hard to hold the price above pivotal support
- As the selling volume and pressure get exhausted, the token may enter a recovery phase where the bulls begin to utilize their accumulated strength
- The price may initially begin to trade within as an ascending consolidation, which may later transform into an elevated range, forming constant higher highs and lows
- In the second half of the year, OSMO price may regain levels beyond $13 to $14 and maintain a healthy upswing till the end.
- By the end of the year, Osmosis price could rise above $15 and close the trade between $16 to $18.
Osmosis Price Prediction 2028
- With the bullish close for 2027, the markets are expected to turn optimistic about the impending trend
- This may attract fresh liquidity within the markets, and the bulls may take back control of the rally
- Initially, the upswing may appear calculated as the bears may constantly extract profits after a minor price rise, but in the latter part of the year, the bulls may dominate
- During the last quarter, OSMO price could gain acute strength and begin with a fresh upswing, withstanding bearish interference
- The trade may reach beyond $20 and close the yearly trade within the range of $22.5 to $24.
Osmosis Price Prediction 2029
- The bullish start could be witnessed since the start of the year 2029, which may make investors hopeful about the impending trend
- The price may initially rise above $25 in the first few weeks and later maintain a healthy upswing, intending to reach $30 before the end of the first quarter.
- At the beginning of the second quarter, OSMO price is believed to intensify its upswing as the selling volume is expected to wane
- By the middle of the third quarter, the bulls could conquer the markets, causing a massive rise in the value
- Therefore, Osmosis price could maintain a steep, elevated trend and close the yearly trade ranging between $28 to $30.
Osmosis Price Prediction 2030
- The start of the year could be bullish as the markets may have ignited a strong upswing, which may further transform into a bull run
- OSMO price may not skyrocket to $50 at once but may maintain a healthy ascending trend with minimum interference from the bears.
- Just before the end of the first half, the price may reach the peak of the prevailing bull run and hit levels above $50
- After achieving the maximum levels, the bulls are expected to face extreme exhaustion and eventually allow the bears to intensify their activity
- By the end of the year, Osmosis price could trade between $37 and $42, while the trend may remain in bearish favor.
Will Osmosis Price Rise Again in 2023?
Osmosis price has just triggered a healthy upswing after remaining under bearish claws for over a year. The buying volume has accumulated, and the pressure has also piled up to a large extent. Therefore, the price is expected to maintain a significant upswing until the end of the year 2023.
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