- Bullish ROSE price prediction for 2022 is $0.08097 to $0.60806.
- The ROSE price will also reach $1 soon.
- Bearish ROSE price prediction for 2022 is $0.04254.
In Oasis Network (ROSE) price prediction 2022, we use statistics, price patterns, RSI, RVOL, and other information about ROSE to analyze the future movement of the cryptocurrency.
Oasis Network (ROSE) Current Market Status
According to CoinGecko, the price of Oasis Network (ROSE) is $0.050531 with a 24-hour trading volume of $25,013,427 at the time of writing. However, ROSE has increased to 2.5% in the last 24 hours.
Moreover, Oasis Network (ROSE) has a circulating supply of 5,029,357,184 ROSE. Currently, ROSE trades in cryptocurrency exchanges such as Binance, BKEX, Coinbase, Bitrue, KuCoin, Gate.io, ZB.COM, and LBank.
What is Oasis Network (ROSE)?
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 (ROSE) Price Prediction 2022
Oasis Network (ROSE) holds the 136th position on CoinGecko right now. ROSE price prediction 2022 is explained below with a daily time frame.
The above chart of Oasis Network (ROSE) laid out a descending channel pattern, also known as the falling channel. A descending channel is formed by two parallel trendlines. The upper trendline, which joins the highs, and the lower trendline, which joins the lows, run parallelly downwards. This pattern is the characteristic of a bearish market.
Currently, Oasis Network (ROSE) is at $0.0495. If the pattern continues, the price of ROSE might reach the resistance level of $0.05208, $0.06281, and $0.08133. If the trend reverses, then the price of ROSE may fall to $0.04329.
Oasis Network (ROSE) Support and Resistance Levels
The chart below shows the support and resistance levels of Oasis Network (ROSE).
From the above daily time frame, we can clearly interpret the following as the resistance and support levels of Oasis Network (ROSE).
| Resistance Level 1 | $0.08097 |
| Resistance Level 2 | $0.14261 |
| Resistance Level 3 | $0.23491 |
| Resistance Level 4 | $0.36964 |
| Resistance Level 5 | $0.60806 |
| Support Level | $0.04254 |
The charts show that ROSE has performed a bullish trend over the past month. If this trend continues, ROSE might run along with the bulls overtaking its resistance level at $0.60806.
Accordingly, if the investors turn against the crypto, the price of the ROSE might plummet to almost $0.04254, a bearish signal.
Oasis Network (ROSE) Price Prediction 2022 — RVOL, MA, and RSI
The Relative Volume (RVOL) of Oasis Network (ROSE) is shown in the below chart. It is an indicator of how the current trading volume has changed over a period of time from the previous volume for traders. Currently, the RVOL of ROSE lies below the cutoff line, indicating weak participants in the current trend.
Moreover, the Moving Average (MA) of Oasis Network (ROSE) is shown in the above chart. Notably, the ROSE price lies below 50 MA (short-term), so it is completely in a downward trend. Currently, ROSE is in a bearish state. There is a possibility of a reversal trend of ROSE at any time.
Meanwhile, the relative strength index (RSI) of the ROSE is at a level of 41.12. This means that ROSE is in an oversold state. However, this gives confidence to the traders to trade without any fear.
Oasis Network (ROSE) Price Prediction 2022 — ADX, RVI
Let us now look Average Directional Index (ADX) of Oasis Network (ROSE). It helps to measure the overall strength of the trend. The indicator is the average of the expanding price range values. This system attempts to measure the strength of price movement in the positive and negative directions using DMI indicators with ADX.
The above chart represents the ADX of Oasis Network (ROSE). Currently, ROSE lies in the range of 27.04254, indicating a strong trend.
From the above chart, the Relative Volatility Index (RVI) of Oasis Network (ROSE). RVI measures the constant deviation of price changes over a period of time. The RVI of ROSE lies above 50, indicating high volatility. In fact, ROSE’s RSI is at 41.12, thus confirming a potential buy signal.
Comparison of ROSE with BTC, ETH
The below chart shows the price comparison between Bitcoin, Ethereum, and Oasis Network (ROSE).
From the above chart, we can interpret BTC, ETH, and ROSE are moving in a similar trend. This indicates that when the price of BTC increases or decreases, the price of ETH and ROSE also increase or decrease respectively.
Oasis Network (ROSE) Price Prediction 2023
If the declining price action completely slows down in momentum and the trend reverses, Oasis Network (ROSE) might probably attain $1.9 by 2023.
Oasis Network (ROSE) Price Prediction 2024
With several upgrades in the network, Oasis Network (ROSE) might enter a bullish trajectory. If the coin grabs the attention of major investors, ROSE might rally to hit $3.2 by 2024.
Oasis Network (ROSE) Price Prediction 2025
If Oasis Network (ROSE) sustains major resistance levels and continues to be recognized as a better investment option among investors for the next 3 years, ROSE would rally to hit $4.5.
Oasis Network (ROSE) Price Prediction 2026
If Oasis Network (ROSE) sustains major resistance levels and continues to be recognized as a better investment option among investors for the next 4 years, ROSE would rally to hit $5.5.
Oasis Network (ROSE) Price Prediction 2027
If Oasis Network (ROSE) sustains major resistance levels and continues to be recognized as a better investment option among investors for the next 5 years, ROSE would rally to hit $6.7.
Oasis Network (ROSE) Price Prediction 2028
If Oasis Network (ROSE) holds up a strong stance as a better investment option for the next 6 years, it might witness significant price rallies. Thus, by 2028, ROSE would hit $8.
Oasis Network (ROSE) Price Prediction 2029
If investors flock in and continue to place their bets on Oasis Network (ROSE), it would witness major spikes. ROSE might hit $9.5 by 2029.
Oasis Network (ROSE) Price Prediction 2030
With greater advancements in the Oasis Network ecosystem, the crypto community might continue to invest in Oasis Network (ROSE) for the next 8 years and drive significant price rallies for the token. Hence, Oasis Network (ROSE) might hit $11 by 2030.
Conclusion
With continuous improvements in the Oasis Network network, we can say that 2022 is a good year for ROSE. For this reason, the bullish price prediction of Oasis Network (ROSE) in 2022 is $0.60806. On the other hand, the bearish price prediction of Oasis Network (ROSE) for 2022 is $0.04254.
Furthermore, with the advancements and upgrades in the Oasis Network ecosystem, the performance of Oasis Network (ROSE) might hit $1 gaining investors’ attention. It would also rise above its all-time high (ATH) of $0.597347 in the near future.
FAQ
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.
Oasis Network (ROSE) has been listed on many crypto exchanges which include Binance, BKEX, Coinbase, Bitrue, KuCoin, Gate.io, ZB.COM, and LBank.
With the ongoing developments and upgrades within the Oasis Network platform, Oasis Network (ROSE) has a high possibility of reaching its ATH soon.
On January 15, 2022, Oasis Network (ROSE) reached its new all-time high (ATH) of $0.597347.
Oasis Network (ROSE) seems to be one of the top-gaining cryptocurrencies this year. According to the recorded achievements of Oasis Network in the past few months, ROSE is considered a good investment in 2022.
Oasis Network (ROSE) is one of the active cryptos that continues to maintain its bullish state. Eventually, if this bullish trend continues, Oasis Network (ROSE) will hit $1 soon.
Oasis Network (ROSE) price is expected to reach $2.7 by 2023.
Oasis Network (ROSE) price is expected to reach $4 by 2024.
Oasis Network (ROSE) price is expected to reach $4.5 by 2025.
Oasis Network (ROSE) price is expected to reach $5.5 by 2026.
Disclaimer: The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.
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Source: https://thenewscrypto.com/oasis-network-rose-price-prediction