您现在的位置是:ROSE underperforms despite an upcoming upgrade >>正文
ROSE underperforms despite an upcoming upgrade
上海品茶网 - 夜上海最新论坛社区 - 上海千花论坛15人已围观
简介The broader cryptocurrency market has been underperforming over the weekend.The cryptocurrency marke...
The broader cryptocurrency market has been underperforming over the weekend.
The cryptocurrency market has been underperforming as the new week commences. Over the past 24 hours, the broader cryptocurrency market has lost nearly 2% of its value and now has a total market cap of $1.9 trillion.
Bitcoin, the world’s leading cryptocurrency, has lost 1% of its value today and trades below the $43k mark. Ether continues to struggle and could slip below the $3,000 psychological level if the bearish run continues.
ROSE, the native token of the Oasis Network, is also down by more than 2% over the last 24 hours. At press time, ROSE is trading at $0.2515 per coin.
The poor performance comes despite the Oasis Network getting read for its Damask protocol upgrade. The Oasis Foundation announced a few hours ago that the Damask upgrade will occur later today.
The Oasis Foundation said the Damask upgrade would provide many improvements, including increased security and performance, strengthened governance mechanisms, and more decentralization.
However, it remains unclear if ROSE would rally in a few hours after the network upgrade has been completed.
Key levels to watch
The ROSE/USD 4-hour chart is currently bearish as the coin has been underperforming over the past few days. The technical indicators show that ROSE is performing poorly at the moment.
The 14-day relative strength index currently stands at 42, down from the 68 recorded last week. The RSI shows that ROSE could soon enter the oversold region if the bearish momentum continues.
The MACD also slipped into the negative zone over the weekend as the bears took control of the market. If the current market momentum persists, ROSE could drop below the first major support level at $0.2183 before the end of the day.
However, the major support level at $0.18836 should limit further downward movement in the short term.
If the bulls regain control of the market, ROSE could test the first major resistance level at $0.29356 over the coming hours.
Tags:
转载:欢迎各位朋友分享到网络,但转载请说明文章出处“上海品茶网 - 夜上海最新论坛社区 - 上海千花论坛”。http://www.jz08.com.cn/news/23745.html
相关文章
Bitget Lists API3 (API3) in Innovation Zone and DeFi Zone
ROSE underperforms despite an upcoming upgradeVictoria, Seychelles, January 30th, 2024, ChainwireBitget, the world’s leading cryptocurrency...
阅读更多
Music Video: Katy Perry’s "Roar"
ROSE underperforms despite an upcoming upgradeAbandoning the Rockytheme of her closing performance under the Brooklyn Bridge at this year’s MTV Vi...
阅读更多
Ethereum Blockchain Game Pikamoon Raises $3.6m, Final ICO Phase Selling Out Fast
ROSE underperforms despite an upcoming upgradeDubai, United Arab Emirates, July 11th, 2023, ChainwirePikamoon, an emerging Ethereum blockchain gam...
阅读更多
热门文章
- Digital Won To Launch In Korea Next Year
- Maker (MKR) sheds 6%, price risks dip below $1k: Here's why
- Esport Players Under SBI To Be Paid In XRP
- Flipster to give away huge 1,500,000 USDT worth of Bonus
- Google Trends Data Shows Less Interest In Bitcoin And DeFi
- Web3 is an opportunity and a requirement: France's Macron
最新文章
Watch Radiohead’s “I Promise” Music Video Directed by Michal Marczak
Bitcoin is less risky than bonds
South Korea president’s office urges FSC to reconsider its spot Bitcoin ETFs stance
Lif3 Accelerates DeFi Adoption and Innovation with BitFinex Listing
Ethereum price prediction: Fed and options expiry in focus
Bitget Unveils New Messi Film to Kick off Second Year of Messi Partnership