Ocean Protocol Price Prediction 2023 – 2030
Ocean Protocol is currently at the #125 rank in the cryptocurrency market. It had an ATH of $1.9413 on April 10, 2021, while the current price is only $0.3467, down by 82.08% from its ATH. Has the OCEAN token lost its charm? Will Ocean Protocol recover in the future? Find out answers to all these and other relevant queries in our Ocean Protocol price prediction and much more.
- Based on our OCEAN predictions for the year 2023, the coin may have minimum and maximum prices of around $0.31 and $0.75, respectively.
- The OCEAN crypto is expected to have minimum and maximum prices of around $0.81 and $1.17, respectively, as per our Ocean Protocol coin price prediction 2025.
- Our Ocean Protocol Token price prediction 2030 indicates that the potential high of the coin may be $3.92, with a potential low of $2.72 in the crypto market.
Ocean Protocol Overview
What is Ocean Protocol?
Ocean Protocol is a decentralized marketplace for web3 data. It is an Ethereum-based protocol that comprises data assets and services. Ocean Protocol aims to provide universal, easy access to data to everyone with a minimum cost and maximum security, along with all data protection measures. Ocean Protocol loops data providers and customers in one platform.
Data providers can monetize, and users can use the data by paying for it with the help of ERC-20-based tokens. Data owners and users can search, discover public data and consume it from the marketplace. Data owners don’t lose control over their data even if users are using it. The open-source Ocean Protocol built-in Ethereum blockchain uses data tokens to provide access to data.
Apart from using data, it allows users to store their data with complete control over it. Developers can build data sets by using Ocean libraries. Users can create their marketplace within the protocol to buy and sell the data set. The native token of Ocean Protocol cryptocurrency is called the OCEAN token. Apart from validating the data tokens, it is used to buy and sell data, as well as those who own them can use this to vote for governance change also.
Data providers get ocean tokens back as a reward for their service. Ocean Protocol was founded in 2017 and is co-founded by Trent McConaghy, an AI researcher; Bruce Pon, the current CEO of BigchainDB; Cristina Pon, Marketing Director; and Razvan Olteanu. The OCEAN has three thousand contributors in more than hundreds of countries.
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Market Sentiments of OCEAN Token
The current price at which the OCEAN is trading is $0.3531, with a 24-hour volume of $36,899,772. Based on historical data, the maximum price registered was $1.9413 on April 10, 2021. While the minimum price at which Ocean Protocol traded was $0.01351, which was on August 2019. The total market cap is $216,364,798, with a circulating supply of 613,099,141 OCEAN tokens.
The global crypto market has a market capitalization of $1,083,802,284,313 as of June 2023. The circulation of coins and mining of digital coins, and new entries of traders have tremendously increased over the last month. Most of the coins are trading in the green for the day. The average Ocean protocol price has been trading sideways for the last few days, which is range bound and neutral in the last week.
Ocean Protocol has ranked above 145, and now it is trading on par with other cryptocurrencies. The OCEAN may not be the coin that gave you an immediate return because the price action in Ocean Protocol has been slow-moving. Hence, Ocean Protocol price forecasts are not very bullish for the short term.
Ocean Protocol (OCEAN)
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Technical Analysis of Ocean Protocol
Short-term technical analysis of the Ocean Protocol price shows that the market sentiments of the OCEAN coin are bearish for the current trading session. The average Ocean Protocol price is trading in the range of $0.3369 to $0.3854 for the day.
Currently, the OCEAN coin price is trading around $0.3569. Traders started to sell Ocean Protocol, and the price broke and tested the support level of $0.3468. From this minimum price point, moreover, it is testing the next major resistance level, failing to sustain and trading sideways.
The crash of last year has made a fall in crypto; the inverted head and shoulder pattern formed tried to drag the price level; the price fell and raised, then again it made Ocean Protocol fall more than the previous fall and then bounce back, and this continued for another round.
The values of price movements reflect that the average Ocean protocol price will trade in the same price range for a certain trading session. A breakout or bullish candlestick pattern formation is necessary to start an uptrend.
The rapid development of cryptocurrency has increased the volatility of the crypto market. Most of the cryptocurrencies were trading in red on the same day, and the global cryptocurrency market has experienced a considerable drop over the day.
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Yearly Ocean Protocol Price Predictions: 2023-2030
OCEAN price prediction anticipates that the future price of Ocean Protocol cryptocurrency looks very promising. However, the price of Ocean Protocol today is around 82.08% less than the all-time high.
The percentage is lower than its highest price. If the Ocean Protocol forecast move as expected, and the tremendous value addition continues in the future, then the value of the token and market cap of the company also increases, Ocean Protocol will be a good investment in the future.
Ocean Protocol Price Predictions 2023
As per our Ocean Price predictions, the future results will be profitable for investment; the average price at which OCEAN trade for the year is $0.55. Ocean Protocol’s price forecast shows that it will reach a maximum price of $0.75 in the year.
Ocean Protocol Price Prediction 2024
Predictions prophesy at the beginning of 2024 will be $0.99 based on long-term forecasts from different sources; the average price will be $0.70. The price of Ocean protocol will cross $0.95, which will make the OCEAN coin a good investment for the long term.
Ocean Protocol Price Forecast 2025
Based on our Ocean Protocol price forecast, the OCEAN price will be starting at around $1.05 in 2025. The forecast system shows the average price of the Ocean for the year as $1.10, and the Ocean Protocol forecast will reach a maximum price of $1.25 and will be a good investment.
Ocean Protocol Price Prediction 2026
Ocean Protocol (OCEAN) price will not be trading downside based on our estimated forecast. According to our forecast data of Ocean Protocol, the coin price is predicted to be around a minimum price of $1.00. The Ocean Protocol price value can reach a maximum price of $1.50 with an average trading price of $1.25.
Ocean Protocol Price Prediction 2027
Ocean Protocol price predictions foretell initial months of 2027 will trade at $1.10, minimum price based on price forecasts is $1.05. The average Ocean Protocol price at which the coin trade for 2027 is predicted around $1.30, with a maximum price of around $1.55.
Ocean Protocol Price Prediction 2028
The OCEAN coin has growth potential, but as per ocean price prediction and forecast, there are no huge unwinding power has been seen apart from new technology upgrades. Its price is increasing slowly and gradually. But the crypto market and the companies on the same cannot be overestimated easily due to its nature. Hence, at any point in time, huge value addition can be expected, which can break the above levels can go high. For the year 2028, it is anticipated that the token may trade at a maximum of around $2.05.
Ocean Protocol Price Prediction 2029
According to the OCEAN forecast and technical analysis, the coin is expected to have an average price of $2.50 in 2029. While the predicted minimum and maximum prices by the end of 2029 may be $2.15 and $2.85, as per our price forecast.
Ocean Protocol Price Prediction 2030
Based on the envisions of the Ocean Protocol price forecast, after breaking the all-time high, the OCEAN price may be at a maximum of around $3.25 in the year 2030. At the same time, the minimum and average prices may be around $2.90 and $3.075, respectively.
Ocean Protocol (OCEAN)
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Frequently Asked Questions
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Ocean Protocol (OCEAN)
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