Can ROSE Crypto Rise 100% As Analysts Express Optimism?

CoinMarketCap06-12

1 Over the 1-week timeframe, analysts highlighted a chart illustrating more than 100% potential gains. 2 Analysts have shared optimistic views about ROSE, as major institutions are buying it. Oasis (...

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Many updates, collaborations, and institutional buying recently happened in the crypto, leading to heightened optimism in the ROSE.\nDriving Factors for Rise in Optimism in Oasis (ROSE)!\nIn an optimistic tweet shared by analyst Wauwda, he stated that things are looking promising for ROSE. He also mentioned that major institutions like Binance and Coinbase are buying in. \n\n\nSomething is brewing for $ROSE…• Big institutions are buying• Binance and Coinbase are buying• Grayscale has ROSE under consideration and applied for a privacy ETF https://t.co/I9099zps7z— Wauwda  (@wauwda) June 10, 2024\n\n\nAlso, Wauwda shared even more interesting news: Grayscale has considered the Oasis (ROSE), and it has applied for a privacy ETF. trader Trunks, added that ROSE appears very promising.\n\n\n$ROSE narrative is looking bonkers. @googlecloud partnership?  @Meta partnership?  @Equifax partnership?  @dawnsongtweets hanging out with world leaders and every big name in the field?  @binance investment?  @SalesforceVC investment?  #AI narrative?  pic.twitter.com/00y89ZNvxI— Trader Trunks (@trunks_trader) June 9, 2024\n\n\nHe also highlighted that ROSE had successfully secured partnerships with major names such as Google Cloud, Meta, and Equifax. This signifies that crypto has been able to grasp big players’ attention.\nAnalysing Oasis (ROSE) Price Structure!\nOver the longer 1-week timeframe, the analyst, @wickhunterr, tweeted on X that he looks optimistically about the ROSE crypto. He presented a chart that illustrated potential gains of more than 100% in the upcoming ROSE price sessions.\n\n\n$ROSE looks good on HTF pic.twitter.com/FBk2z1XfqL— Bandhan Sharma Maverick Trader (@wickhunterr) June 10, 2024\n\n\nFurthermore, another analyst, Crypto Tony, tweeted on platform X with optimism that the 0.116 level is crucial. If the ROSE manages to stay above this level, the potential buyers and investors may surge, making it a wise decision to enter (DYOR).\n\n\n$ROSE / $USD – Update 0.116c reclaim so looks like a good entry here if we can stay above pic.twitter.com/ybDlC94xav— Crypto Tony (@CryptoTony__) June 11, 2024\n\n\nUpon observing the ROSE past price chart, it looks evident that the price trend was upward until March 10th, which experienced a substantial increase. However, the trend was reversed after March 11th, as the price entered a correction phase, forming what seems to be a falling wedge pattern.\nThis wedge pattern was observed as the price plummeted from $0.1850 to the $0.0800 support level by mid-April, and then consolidation began for nearly two months. By June 5th, the price broke out of the sideways range. Subsequently, the ROSE price witnessed a pullback and showed signs of positivity on the daily chart.\nROSE Price Forecast!\nAt press time, ROSE was trading at $0.11782, with an intraday dip of -5.63%. The MACD indicator displayed a bullish cross with the MACD line at 0.00651, positioned above the zero line with a histogram at 0.00194. \nAdditionally, the RSI was above the middle line at 61.13, indicating that the momentum has not yet reached the overbought zone; there is still room for potential growth for Oasis crypto.\nIf the ROSE crypto experiences an upward spike, the upper targets would be $0.1510 and $0.2000. However, if Oasis fails to maintain a position above the $0.10500 level, the price could decline back to the crucial support at $0.0800.\nSummary\nThe Analysts have shared optimistic views about ROSE, mentioning major institutions like Binance and Coinbase buying in and Grayscale considering it for a privacy ETF. Additionally, partnerships with Google Cloud, Meta, and Equifax have been highlighted. \nAnalyzing the price structure, analysts express positivity about potential gains and the importance of certain price levels. The price trend shows an upward movement until March 10th, followed by a correction phase.\nCurrently, ROSE is trading at a certain value, and indicators like MACD and RSI suggest growth potential, with upper targets at $0.1510 and $0.2000. However, there is a possibility of a decline if support levels are not maintained.\nDisclaimer\nIn this article, the views, and opinions stated by the author, or any people named are for informational purposes only, and they don’t establish the investment, financial, or any other advice. Trading or investing in cryptocurrency assets comes with a risk of financial loss.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.24.2","shortVersion":"4.24.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2442286883"}