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- 1 Osmosis crypto price escalated for the 5th consecutive day.
- 2 The OSMO/USD crypto price rebounded from the 50-Day EMA and surged higher.
The OSMO crypto appreciated for the 5th consecutive day and has surpassed the 20-Day EMA on the daily chart. The recent price hike has erased the fears from the buyers and returned back to bullish territory.
At the time of writing, the OSMO crypto was at $1.69 with an intraday rise of 2.69% and might show more gains by the end of the session. It had a live market capitalization of $831 Million and ranked 80th among all the cryptocurrencies.
The Osmosis price took a rebound from the 50-Day EMA and edged higher, trimming most of the losses in the last couple of sessions. The bulls are dominating in the early sessions of this week and have managed to close the price in green on Monday and Tuesday.
As per our analysts, if the OSMO price keeps on thrusting higher with the same momentum, it may easily reclaim the upper swing highs and attain a new high. On the upside, the $2 level might turn out to be a major supply zone and the buyers may face difficulty while surpassing it.
Osmosis Crypto Price Technical Analysis
Moreover, the long term outlook is positive above the key EMA of 200-Day and 50-Day Exponential moving averages. Looking over the previous price performance, the crypto price has gained significantly in the past three months and has delivered an outstanding return to their Investors and Traders.
The OSMO crypto was at $0.4 in November and attained a high of $2.2 in January, gaining nearly 500% in the past three months.
Currently, the crypto has recovered almost all the losses in the short term and might show aggressive price surge above the recent supply zone. Now if the bulls surpass above the $2 level the price might experience another bullish rally to reach a higher level of $3 and $4.
Osmosis Price Prediction January 2024
As per the most optimistic view of our analysts, the OSMO price could reach a maximum of $1.84 by the end of the month. The bearish view of the analysts hopes for a breakdown below the 20-Day EMA, after which it may drop to a low of $1.5.
Osmosis Price Prediction 2024
The price prediction for 2024 shows that the Osmosis crypto may rise to a high of $2.986 by the end of 2024. However, the less optimistic analysts estimate a price target of $2.366 by the end of 2024.
Osmosis Price Prediction 2025
As per the most positive view of our analysts, the price may attain $3.910 by 2025, suggesting an upside potential of 130.38%. On the other hand, the most pessimistic view expects the price to reach $2.846 by the end of 2025.
Osmosis Price Prediction 2026
From the most optimistic view, the Osmosis crypto could reach a high of $4.383 in 2026. On the other hand, the most pessimistic prediction of our analysts is that the price would reach $3.32.
Disclaimer
The views and opinions stated by the author, or any people named in this article, are for informational purposes only and do not establish financial, investment, or other advice. Investing in or trading crypto or stock comes with a risk of financial loss.
Steefan George is a crypto and blockchain enthusiast, with a remarkable grasp on market and technology. Having a graduate degree in computer science and an MBA in BFSI, he is an excellent technology writer at The Coin Republic. He is passionate about getting a billion of the human population onto Web3. His principle is to write like “explaining to a 6-year old”, so that a layman can learn the potential of, and get benefitted from this revolutionary technology.
