Crypto News – The bulls for OGN crypto have been extremely active over the last few days. So much so that OGN crypto has had higher stats than it has had in a long time. As such, all eyes turned to OGN crypto. Now, investors are eagerly awaiting the token’s performance in October.
OGN Crypto Price Continues to Soar at Full Speed on October 1
The OGN price was $0.1177 after a daily increase of 14.36%, indicating that Origin Protocol (OGN) is undergoing intense bull activity. The weekly increase is now 52.17%. The current transaction volume for OGN is $368,278,557, up 225.04% over the same time period.
With growing volatility levels on the OGN price, the Bollinger bands now look to be slightly diverging. Bulls are currently in control of the price of OGN, as evidenced by the Relative Strength Index (RSI) remaining above the average line and the MACD’s movement into the green zone.
Is OGN Crypto a Risky Investment, According to InvestorsObserver Data?
According to the InvestorsObserver data, the risk level for Origin Protocol is average. With changes in volume and market capitalization, the proprietary scoring algorithm determines how much funds were needed to shift the price over the previous 24 hours to determine whether a cryptocurrency may potentially be readily manipulated by sparse trading activity. Based on a 0 to 100 scale, low values indicate high danger, while high scores indicate minimal risk.
OGN now has a moderate-risk investment ranking according to the risk gauge. To reach its current price of $0.1177, OGN has increased in value by 14.36 over the last 24 hours. This move took place when the market capitalization of the token increased and volume was above its typical level. Thus, the total market cap reached $82,214,417. In essence, Origin Protocol is rated as having an average level of risk based on the price movement in proportion to the volume and market cap changes.
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