Oasis Network (ROSE) Price Prediction 2022 – Will ROSE Hit $0.1 Soon?

• Bullish ROSE price prediction is $0.08264 to  $0.36964.
• Oasis Network (ROSE) price might also reach $0.1 soon.
• Bearish ROSE price prediction for 2022 is $0.04342.

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 $0.061507 with a 24-hour trading volume of $32,671,683 at the time of writing. However, ROSE has increased by nearly 0.3% in the last 24 hours. 

Moreover, Oasis Network (ROSE) has a circulating supply of 5,029,357,184 ROSE. Currently, Oasis Network (ROSE) trades in cryptocurrency exchanges such as Binance, KuCoin, MEXC, Bitrue, LBank. Gate.io.

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 120th 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 the Inverted head and shoulder pattern. It is the inverse of the head and shoulder pattern. Generally, in this pattern, the price action slides downwards and then rises up. Thus, forming three troughs in the pattern, left shoulder, head, and right shoulder. This pattern can be a potential signal for the upcoming bullish market. If the price action establishes a breakout above the neckline resistance, the price might rise up to new highs.

Currently, Oasis Network (ROSE) is in the range of $0.06149. If the pattern continues, the price of ROSE  might reach the resistance levels of  $0.06633 and $0.07599. If the trend reverses, then the price of ROSE may fall to $0.05773.

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	$0.08264
Resistance Level 2	$0.14420
Resistance Level 3	$0.23585
Resistance Level 4	$0.36964
Support Level	$0.04342

The charts show that Oasis Network (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  $0.36964.

Accordingly, if the investors turn against crypto, the price of Oasis Network (ROSE) might plummet to almost  $0.04342, 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 chart below. It is an indicator of how the current trading volume has changed over a period of time from the previous trading volume. Currently, the RVOL of ROSE lies below the cutoff line, indicating weak participants in the current trend.

Also, the Moving Average (MA) of Oasis Network (ROSE) is shown in the chart above. Notably,  Oasis Network (ROSE) price lies below 50 MA (short-term), so it is in a downtrend. Currently, ROSE has entered a bearish state. Therefore, there is a possibility of a reversal trend of ROSE at any time.

Meanwhile, the relative strength index (RSI) of the ROSE is 49.54. This means that Oasis Network (ROSE) is in an oversold state. However, this means a major price reversal of ROSE may occur in the upcoming days. So, traders need to trade carefully. 

Oasis Network (ROSE) Price Prediction 2022 — ADX, RVI

Let us now look at the 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, the ADX of ROSE lies in the range of 16.87555 and thus, it indicates a weak trend. 

The above chart also represents 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 below  50, indicating low volatility. In fact, the RSI of Oasis Network (ROSE) is at 49.54 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 that BTC, ETH, and ROSE are moving in a similar trend. This indicates that when the price of BTC and ETH  increases or decreases, the price of ROSE also increases or decreases respectively.

Oasis Network (ROSE) Price Prediction 2023

If the declining price action slows down in momentum and the trend reverses,  Oasis Network (ROSE) might probably attain $0.3 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 $0.5 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 $0.7

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 $0.9. 

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 $1. 

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 $3.

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 $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 $7 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 $0.36964. On the other hand, the bearish price prediction of Oasis Network (ROSE) price prediction for 2022 is $0.04342.

Furthermore, with the advancements and upgrades to the Oasis Network ecosystem, the performance of ROSE would help to reach above its current all-time high (ATH) of $0.597347very soon. But, it might also reach $0.1 if the investors believe that ROSE is a good investment in 2022.

FAQ

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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