DaveBrascoFX

Orion Protocol (ORN) Short 96% Bearish can go to 0.45-49USD

Short
BINANCE:ORNUSDT   ORN / TetherUS
According to current Orion Protocol price prediction, the value of Orion Protocol is predicted to drop by -9.52% and reach $ 0.616992 by July 7, 2023. According to our technical indicators, the current sentiment is Bearish while the Fear & Greed Index is showing 63 (Greed). Orion Protocol recorded 17/30 (57%) green days with 10.92% price volatility over the last 30 days. Based on our Orion Protocol forecast, it's now a bad time to buy Orion Protocol.




Orion Protocol is currently trading below the 200-day simple moving average (SMA). The 200-day SMA has been signaling SELL for the last 45 days, since May 18, 2023.

The price of Orion Protocol is currently below the 50-day SMA and this indicator has been signaling SELL for the last 43 days, since May 20, 2023.

The most recent Death Cross in the Bitcoin market happened 568 days ago, on Dec 11, 2021. Meanwhile, a Golden Cross last occurred on Nov 17, 2021, which was 591 days ago.
Based on our technical indicators, Orion Protocol's 200-day SMA will drop in the next month and will hit $ 0.919156 by Aug 01, 2023. Orion Protocol's short-term 50-Day SMA is estimated to hit $ 0.609426 by Aug 01, 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 42.26, which indicates that the ORN market is in a neutral position.




Daily Simple Moving Average (SMA)
Period Value Action
SMA 3 $ 0.687096 SELL
SMA 5 $ 0.687356 SELL
SMA 10 $ 0.700824 SELL
SMA 21 $ 0.685955 SELL
SMA 50 $ 0.815744 SELL
SMA 100 $ 0.884991 SELL
SMA 200 $ 0.916478 SELL



Daily Exponential Moving Average (EMA)
Period Value Action
EMA 3 $ 0.694515 SELL
EMA 5 $ 0.690366 SELL
EMA 10 $ 0.692930 SELL
EMA 21 $ 0.709694 SELL
EMA 50 $ 0.782409 SELL
EMA 100 $ 0.851466 SELL
EMA 200 $ 0.970383 SELL


Weekly Exponential Moving Average (EMA)
Period Value Action
EMA 21 $ 0.888845 SELL
EMA 50 $ 1.341870 SELL
EMA 100 $ 2.52 SELL


Orion Protocol Price Forecast For Tomorrow and Next Week Based on The Last 30 Days
Date Price Change
Jul 3, 2023 $ 0.684680 0.41%
Jul 4, 2023 $ 0.686532 0.68%
Jul 5, 2023 $ 0.661787 -2.95%
Jul 6, 2023 $ 0.614640 -9.87%
Jul 7, 2023 $ 0.616992 -9.52%
Jul 8, 2023 $ 0.593708 -12.93%
Jul 9, 2023 $ 0.598532 -12.23%
Jul 10, 2023 $ 0.540412 -20.75%
Jul 11, 2023 $ 0.514267 -24.58%
Jul 12, 2023 $ 0.497380 -27.06%
Jul 13, 2023 $ 0.501710 -26.43%
Jul 14, 2023 $ 0.514571 -24.54%
Jul 15, 2023 $ 0.490550 -28.06%
Jul 16, 2023 $ 0.490536 -28.06%
Jul 17, 2023 $ 0.504681 -25.99%
Jul 18, 2023 $ 0.495858 -27.28%
Jul 19, 2023 $ 0.501699 -26.43%
Jul 20, 2023 $ 0.505326 -25.90%
Jul 21, 2023 $ 0.530232 -22.24%
Jul 22, 2023 $ 0.546575 -19.85%
Jul 23, 2023 $ 0.541086 -20.65%
Jul 24, 2023 $ 0.551921 -19.06%
Jul 25, 2023 $ 0.549166 -19.47%
Jul 26, 2023 $ 0.530239 -22.24%
Jul 27, 2023 $ 0.534608 -21.60%
Jul 28, 2023 $ 0.526792 -22.75%
Jul 29, 2023 $ 0.512570 -24.83%
Jul 30, 2023 $ 0.525708 -22.91%
Jul 31, 2023 $ 0.516216 -24.30%
Aug 1, 2023 $ 0.518584 -23.95%














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