OOKIUSDT Tether Short

1 lug 2023

Ooki price today is $ 0.002479 with a 24-hour trading volume of $ 630,793, market cap of $ 11.30M, and market dominance of 0.00%. The OOKI price increased 1.89% in the last 24 hours.

Ooki reached its highest price on Dec 25, 2021 when it was trading at its all-time high of $ 0.059360, while Ooki's lowest price was recorded on Jun 12, 2023 when it was trading at its all-time low of $ 0.002169. The lowest price since it's ATH was $ 0.002169 (cycle low). The highest OOKI price since the last cycle low was $ 0.002666 (cycle high). The Ooki price prediction sentiment is currently bearish, while Fear & Greed Index is showing 59 (Greed).
Ooki's current circulating supply is 4.56B OOKI out of max supply of 10.50B OOKI. The current yearly supply inflation rate is 36.43% meaning 1.22B OOKI were created in the last year.

Technical Analysis:Bearish

Bearish Signals

LH LL

Divergence 2(See on the Chart Rsi Bullish,while PA made LH) was a strong signal that bearish Trend will continue

Falling POCs

PA is below 200D EMA

Falling Pivots

RSI below 50

Ooki is currently trading below the 200-day simple moving average (SMA). The 200-day SMA has been signaling SELL for the last 71 days, since Apr 21, 2023.

The price of Ooki is currently below the 50-day SMA and this indicator has been signaling SELL for the last 72 days, since Apr 20, 2023.

The most recent Death Cross in the Bitcoin market happened 55 days ago, on May 07, 2023. Meanwhile, a Golden Cross last occurred on Mar 08, 2023, which was 115 days ago.
Based on our technical indicators, Ooki's 200-day SMA will drop in the next month and will hit $ 0.003703 by Jul 31, 2023. Ooki's short-term 50-Day SMA is estimated to hit $ 0.002232 by Jul 31, 2023.

The Relative Strength Index (RSI) momentum oscillator is a popular indicator that signals whether a cryptocurrency is oversold (below 30) or overbought (above 70). Currently, the RSI value is at 42.43, which indicates that the OOKI market is in a Bearish condition

A break above 0.003Dollar must be confirmed ny 2consequent HH HLs
Ooki Correlation
Over the past 7 days, Ooki price was most positively correlated with the price of XRP (XRP), OKB (OKB), Cardano (ADA), NEM (XEM) and Binance Coin (BNB) and most negatively correlated with the price of Stellar (XLM), Bitcoin Cash (BCH), TRON (TRX), Bitcoin SV (BSV) and Zcash (ZEC).


Ooki Price Forecast For Tomorrow and Next Week Based on The Last 30 Days
Date Price Change
Jul 2, 2023 $ 0.002504 1.65%
Jul 3, 2023 $ 0.002571 4.37%
Jul 4, 2023 $ 0.002525 2.52%
Jul 5, 2023 $ 0.002496 1.32%
Jul 6, 2023 $ 0.002248 -8.76%
Jul 7, 2023 $ 0.002321 -5.75%
Jul 8, 2023 $ 0.002220 -9.86%
Jul 9, 2023 $ 0.002243 -8.92%
Jul 10, 2023 $ 0.001728 -29.84%
Jul 11, 2023 $ 0.001777 -27.85%
Jul 12, 2023 $ 0.001724 -30.00%
Jul 13, 2023 $ 0.001790 -27.32%
Jul 14, 2023 $ 0.001838 -25.37%
Jul 15, 2023 $ 0.001794 -27.15%
Jul 16, 2023 $ 0.001821 -26.08%
Jul 17, 2023 $ 0.001863 -24.37%
Jul 18, 2023 $ 0.001839 -25.33%
Jul 19, 2023 $ 0.001819 -26.17%
Jul 20, 2023 $ 0.001819 -26.14%
Jul 21, 2023 $ 0.001897 -23.00%
Jul 22, 2023 $ 0.001940 -21.23%
Jul 23, 2023 $ 0.001913 -22.35%
Jul 24, 2023 $ 0.001972 -19.93%
Jul 25, 2023 $ 0.002016 -18.17%
Jul 26, 2023 $ 0.001945 -21.03%
Jul 27, 2023 $ 0.001928 -21.74%
Jul 28, 2023 $ 0.001910 -22.45%
Jul 29, 2023 $ 0.001826 -25.87%
Jul 30, 2023 $ 0.001861 -24.44%
Jul 31, 2023 $ 0.001864 -24.35%

Bullish and bearish price prediction patterns
Some traders try to identify candlestick patterns when making cryptocurrency price predictions to try and get an edge over the competition. Some candlestick formations are seen as likely to forecast bullish price action, while others are seen as bearish.

Here are some of the most commonly followed bullish candlestick patterns:

Hammer
Bullish Engulfing
Piercing Line
Morning Star
Three White Soldiers


Here are some common bearish candlestick patterns:
Bearish Harami
Dark Cloud Cover
Evening Star
Shooting Star
Hanging Man

Highlights
17 green days
Days where the daily close price was above the daily open price
in the last 30 days (57%)
Has high liquidity based on its market cap
Trading on Binance

Risk Analysis
Price dropped significantly over the past year, down -43%
Outperformed by 84% of the top 100 crypto assets in 1 year
Outperformed by Bitcoin and Ethereum
Trading below the 200-day simple moving average
Down -96% from all-time high
Yearly inflation rate is 36.43%

Ooki Predictions for years 2024 and 2025 Based on Tech Growth are bullish