This morning, OCEAN managed to beat its previous all time high of $0.72. The new ATH was formed with a massive spike in volume, which resulted in an increase of over 15% in value in a single day. Such a blast through an important resistance/support generally means a strong shift in trend for a longer period of time.
Seeing the bullishness of the total altcoin market, I think we will see some more gains for OCEAN in the coming days.
On the chart Iâve marked two potential areas of resistance, $1 and $1.20. Since we're in a new trading territory it's hard to pinpoint exact resistances. The main resistance on the chart is the $1 resistance. Do your own due diligence.
Happy trading!