Oasis

The post <a href="https://coinpedia.org/price-analysis/rose-price-jump-eyes-0-1315-break-for-30-upside/">ROSE Price Jump Eyes $0.1315 Break For 30% Upside</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a> 
With the broader market under slowdown, as the selling pressure grows, the <a href="https://markets.coinpedia.org/oasis-network/" target="_blank" rel="noreferrer noopener">ROSE price</a> trend swims against it. The bullish reversal in the Oasis Network token gains momentum with a surge in demand.&nbsp; 
As the altcoin end of the correction phase turns into a bullish rally, will the token price surpass the overhead resistances? On a bullish note, our <a href="https://coinpedia.org/price-prediction/oasis-network-rose-price-prediction/" target="_blank" rel="noreferrer noopener">ROSE price prediction</a> bolsters the bull run possibility to the psychological mark of $1 this year.&nbsp; 
<h2 class="wp-block-heading" id="h-rounding-bottom-in-rose-price-nbsp">Rounding Bottom In ROSE Price&nbsp;</h2> 
With increased buying pressure, the ROSE token price bounces from the $0.080 support level. The bounce back leads to a bullish trend reversal in the Oasis Network token and reclaims the $0.10 psychological mark.&nbsp; 
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<a href="https://www.tradingview.com/x/nXhhGVsu/">Tradingview</a> 
Further, the boom in the token price brings the market cap closer to the billion-dollar mark. Hence, the sentiments around the altcoin are improving. In the daily chart, the altcoin shows a rounding bottom reversal with a neckline at the $0.1315 resistance zone. This coincides with the 50% Fibonacci level, making it a high supply zone.&nbsp; 
Hence, a bullish breakout of the 50% Fibonacci level could lead to a massive jump in the ROSE token price. Currently, the ROSE price trades at $0.12305 with an intraday gain of 1.86%, driving the 30D jump to almost 50%.&nbsp; 
Technical Indicators: 
DMI Indicator: The bullish alignment of the VI lines and the rising ADX line bolsters the ongoing recovery rally.&nbsp; 
EMA: The 50D and 200D EMA are ready to regain the positive alignment with a golden crossover.&nbsp; 
<h2 class="wp-block-heading" id="h-will-oasis-network-continue-the-bull-run">Will Oasis Network Continue The Bull Run?</h2> 
If the recovery rally in the ROSE price continues, the breakout of $0.13152 will signal a buying opportunity to the sideline traders. A breakout rally in the altcoin can reach the 78.60% Fibonacci level at $0.1606, a 30% upside.&nbsp;

ROSE Price Jump Eyes $0.1315 Break For 30% Upside

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