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Ocean Protocol Price Prediction

An up-to-date Ocean Protocol price prediction for 2021, 2023, 2025. Wondering what is the future of OCEAN price? Find out Ocean Protocol price forecast with historical, fundamental and technical analysis.
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Ocean Protocol Fundamental Analysis

Project name
Ocean Protocol
Stock Symbol
OCEAN
Curr. Price
0.8797
Curr. Supply/Total Supply
613099141
ROI Since Launch
556.2729497280844
Launch Date
No Data

Ocean Protocol is a system that allows creating marketplaces and other apps to securely and privately publish, exchange, and consume data. Ocean Protocol is a protocol for data trading, as well as a network containing services and data based on artificial intelligence. The main goal of the network is to create a global data chain supplied with AI. This data is divided into 2 types: public and paid. The network allows providers to control their data: who (or what) is trying to access the data, as well as how and where it is used. Data control is an integral part of any platform that deals with data to ensure its reliability and relevance. Ocean token is used as the internal currency in the Ocean Protocol ecosystem. Accordingly, tokens are used in trading, in the curation of data, and also it is a motivation for holders or developers who are responsible for maintaining the ecosystem. It should also be noted that the token is issued on the Ocean platform, and not ERC20. Advantages of Ocean Protocol crypto: new Data Mining Technologies; decentralized payment technologies for data exchange; professional team and support from large investors; its own ecosystem.

Ocean Protocol Technical Analysis

Despite the fact that 100% accurate technical analysis for Ocean Protocol cryptocurrency is hardly possible, on this advanced technical analysis tool by TradingView you can see the real-time aggregated OCEAN buy-and-sell rating for selected timeframe. The summary for OCEAN/USD is based on the most popular technical indicators — Moving Averages, Oscillators and Pivots.

Summary

As it can be clear from the analysis cited above, Ocean Protocol (OCEAN) projections are rather contradictory. There is no universal consensus either about positive or negative future OCEAN price movements. Indeed, the future possible growth depends on various factors: announcements, new technological solutions of the Ocean Protocol projects, the crypto environment in general, legal position, and so on. We kindly remind you that before investing in any cryptocurrency, it is essential to do your own research (DYOR).
Disclaimer: This article should not be considered as offering trading recommendations. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor should research multiple viewpoints and be familiar with all local regulations before committing to an investment.

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