- Bullish ROSE price prediction for 2023 is $0.07283 to $0.09194.
- Oasis Network (ROSE) price might reach $0.5 soon.
- Bearish (ROSE) price prediction for 2023 is $0.04432.
In this Oasis Network (ROSE) price prediction 2023, 2024-2030, we will analyze the price patterns of ROSE by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency.
TABLE OF CONTENTS |
INTRODUCTION |
|
OASIS NETWORK (ROSE) PRICE PREDICTION 2023 |
|
| OASIS NETWORK (ROSE) PRICE PREDICTION 2024, 2025, 2026-2030 |
| CONCLUSION |
| FAQ |
Oasis Network (ROSE) Current Market Status
| Current Price | $0.06833 | 24 – Hour Price Change | 17.62% Up |
| 24 – Hour Trading Volume | $56,745,456 |
| Market Cap | $447,936,901 |
| Circulating Supply | 6,542,267,493 ROSE | All – Time High | $0.5964 ( On Jan 15, 2022) |
| All – Time Low | $0.03205 (On Nov 26, 2020) |
(Source: CoinMarketCap)
What is Oasis Network (ROSE)
| TICKER | ROSE |
| BLOCKCHAIN | Oasis Network |
| CATEGORY | Blockchain |
| LAUNCHED ON | 18 November 2020 |
| UTILITIES | Governance, security, gas fees & rewards |
Oasis Network (ROSE) is the native utility token of the Oasis Network. ROSE was launched in November 2020 on the network. Oasis Network is a privacy-focused smart contracts-based blockchain built on Cosmos SDK. The network focuses more on promoting privacy and confidentiality.
Just like the Cardano blockchain, Oasis Network also comprises a dual-layer model, Consensus Layer, and ParaTime Layer. Both the consensus and the computational operations are separated within the layers.
ROSE tokens serve as transactions within the network. It is deployed in the staking and delegation mechanisms of Oasis Network.
Oasis Network 24H Technicals
(Source: TradingView)
Oasis Network (ROSE) Price Prediction 2023
Oasis Network (ROSE) ranks 88th on CoinMarketCap in terms of its market capitalization. The overview of the Oasis Network price prediction for 2023 is explained below with a daily time frame.
ROSE/USDT Rounding Bottom Pattern (Source: TradingView)
In the above chart, Oasis Network (ROSE) laid out a rounding bottom pattern. The price movements form a pattern that resembles a bow and hence is also known as the saucer bottom pattern. In general, the rounding bottom pattern indicates a long-term price reversal. This pattern also emphasizes the changes in the market sentiment as the trend seems to shift from bearish to bullish. Investors generally have to stay cautious and time the market well. If the price breaks and moves past the resistance level, it will enter a confirmed bullish trajectory.
At the time of analysis, the price of Oasis Network (ROSE) was recorded at $0.06833. If the pattern trend continues, then the price of ROSE might reach the resistance level of $0.12619. If the trend reverses, then the price of ROSE may fall to the support of $0.06467, & $0.04026
Oasis Network (ROSE) Resistance and Support Levels
The chart given below elucidates the possible resistance and support levels of Oasis Network (ROSE) in 2023.
ROSE/USDT Resistance and Support Levels (Source: TradingView)
From the above chart, we can analyze and identify the following as resistance and support levels of Oasis Network (ROSE) for 2023.
| Resistance Level 1 | $0.07283 |
| Resistance Level 2 | $0.09194 |
| Support Level 1 | $0.05820 |
| Support Level 2 | $0.04432 |
ROSE Resistance & Support Levels
Oasis Network (ROSE) Price Prediction 2023 — RVOL, MA, and RSI
The technical analysis indicators such as Relative Volume (RVOL), Moving Average (MA), and Relative Strength Index (RSI) of Oasis Network (ROSE) are shown in the chart below.
ROSE/USDT RVOL, MA, RSI (Source: TradingView)
From the readings on the chart above, we can make the following inferences regarding the current Oasis Network (ROSE) market in 2023.
| INDICATOR | PURPOSE | READING | INFERENCE |
| 50-Day Moving Average (50MA) | Nature of the current trend by comparing the average price over 50 days | 50 MA = $0.04446Price = $0.06833 (50MA < Price) | Bullish / Uptrend |
| Relative Strength Index (RSI) | Magnitude of price change;Analyzing overROSEd & overbought conditions | 84.08963 <30 = OverROSEd 50-70 = Neutral>70 = Overbought | Overbought State |
| Relative Volume (RVOL) | Asset’s trading volume in relation to its recent average volumes | Below cutoff line | Weak volume |
Oasis Network (ROSE) Price Prediction 2023 — ADX, RVI
In the below chart, we analyze the strength and volatility of Oasis Network (ROSE) using the following technical analysis indicators — Average Directional Index (ADX) and Relative Volatility Index (RVI).
ROSE/USDT ADX, RVI (Source: TradingView)
From the readings on the chart above, we can make the following inferences regarding the price momentum of Oasis Network (ROSE).
| INDICATOR | PURPOSE | READING | INFERENCE |
| Average Directional Index (ADX) | Strength of the trend momentum | 65.43398 | Strong Trend |
| Relative Volatility Index (RVI) | Volatility over a specific period | 65.84 <50 = Low | High volatility |
Comparison of ROSE with BTC, ETH
Let us now compare the price movements of Oasis Network (ROSE) with that of Bitcoin (BTC), and Ethereum (ETH).
BTC Vs ETH Vs ROSE Price Comparison (Source: TradingView)
From the above chart, we can interpret that the price action of ROSE is similar to that of BTC and ETH. That is, when the price of BTC and ETH increases or decreases, the price of ROSE also increases or decreases respectively.
Oasis Network (ROSE) Price Prediction 2024, 2025 – 2030
With the help of the aforementioned technical analysis indicators and trend patterns, let us predict the price of Oasis Network (ROSE) between 2024, 2025, 2026, 2027, 2028, 2029 and 2030.
| Year | Bullish Price | Bearish Price |
| Oasis Network (ROSE) Price Prediction 2024 | $0.6 | $0.04 |
| Oasis Network (ROSE) Price Prediction 2025 | $0.7 | $0.035 |
| Oasis Network (ROSE) Price Prediction 2026 | $0.8 | $0.03 |
| Oasis Network (ROSE) Price Prediction 2027 | $1 | $0.025 |
| Oasis Network (ROSE) Price Prediction 2028 | $1.1 | $0.02 |
| Oasis Network (ROSE) Price Prediction 2029 | $1.3 | $0.015 |
| Oasis Network (ROSE) Price Prediction 2030 | $1.5 | $0.01 |
Conclusion
If Oasis Network (ROSE) establishes itself as a good investment in 2023, this year would be favorable to the cryptocurrency. In conclusion, the bullish Oasis Network (ROSE) price prediction for 2023 is $0.09194. Comparatively, if unfavorable sentiment is triggered, the bearish Oasis Network (ROSE) price prediction for 2023 is $0.04432.
If the market momentum and investors’ sentiment positively elevates, then Oasis Network (ROSE) might hit $0.5. Furthermore, with future upgrades and advancements in the Oasis Network ecosystem, ROSE might surpass its current all-time high (ATH) of $0.5964 and mark its new ATH.
FAQ
1. What is Oasis Network (ROSE)?
Oasis Network (ROSE) is the utility token of the Oasis Network. Oasis Network is a privacy-focused smart contracts-based platform built on Cosmos SDK.
2. Where can you purchase Oasis Network (ROSE)?
Oasis Network (ROSE) has been listed on many crypto exchanges which include Binance, KuCoin, MEXC, Coinbase Exchange, LBank. Gate.io.
3. Will Oasis Network (ROSE) reach a new ATH soon?
With the ongoing developments and upgrades within the Oasis Network Platform, ROSE has a high possibility of reaching its ATH soon.
4. What is the current all-time high (ATH) of Oasis Network (ROSE)?
On January 15, 2022, ROSE reached its new all-time high (ATH) of $0.5964.
5. What is the lowest price of Oasis Network (ROSE)?
According to CoinMarketCap, ROSE hit its all-time low (ATL) of $0.03205 on November 26, 2020.
6. Will Oasis Network (ROSE) reach $0.5?
If Oasis Network (ROSE) becomes one of the active cryptocurrencies that majorly maintain a bullish trend, it might rally to hit $0.5 soon.
7. What will be Oasis Network (ROSE) price by 2024?
Oasis Network (ROSE) price is expected to reach $0.6 by 2024.
8. What will be Oasis Network (ROSE) price by 2025?
Oasis Network (ROSE) price is expected to reach $0.7 by 2025.
9. What will be Oasis Network (ROSE) price by 2026?
Oasis Network (ROSE) price is expected to reach $0.8 by 2026.
10. What will be Oasis Network (ROSE) price by 2027?
Oasis Network (ROSE) price is expected to reach $1 by 2027.
Top Crypto Predictions
Litecoin (LTC) Price Prediction 2023
Sui (SUI) Price Prediction 2023
Kaspa (KAS) Price Prediction 2023
Disclaimer: The opinion expressed in this chart is ROSEely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.
Source: https://thenewscrypto.com/oasis-network-rose-price-prediction/