Ocean Protocol Price Forecast – When Is A Re-Entry Possible?

Monday 07 September 2020, 10:25 PM AEST - 4 months ago

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On August 26th we predicted a correction in the overall crypto market, including Ocean. Lets see what happened afterwards!

Ocean Protocol historical price dataOcean Protocol on Coinmarketcap.com

The Ocean Protocol price reached $0.694 on August 18th, equivalent to a market capitalization of $245 Million. Currently, Oceans market capitalization lies around $141 Million.

ICO investors more than tripled their money!
As a reminder: Ocean protocol is a Singapore based blockchain, whose mission is to free data from silos and empower people by equalizing data access for all. By allowing algorithms to come to data, were enabling the safe and secure sharing of data across all parties. – Ocean Protocol Blog

Moreover, Ocean Protocol seems to be working with Daimler AG!

Hartmut Mueller, Vice President IT Technology & Cross Functions, Daimler AG, added, We believe in the power of Blockchain to unlock the value of data in a decentralized way. On our journey towards a data driven company this collaboration with Ocean protocol enables us to build a secure enterprise B2B data marketplace to monetize and put data to work.

-Ocean Protocol Blog Ocean Protocol Price Forecast – Strong rejection at the golden ratio!

After Ocean Protocol reached its high on August the 18th at $0.69, it fell back to the horizontal support between $0.4712 – $0.5312, which was followed by a price increase of 43%! After this however, Oceans price formed a lower high and broke through the horizontal support, falling all the way down to the golden ratio at $0.28. Subsequently the Ocean p ...

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