Ocean Protocol Price Prediction: 2024, 2025, 2030
Ocean Protocol’s price at the same time last week was $0.9. It has moved by 1.45 % in the past week and is currently at $0.92. Infact, in the past 24 hours, OCEAN has pumped by 2.19 %. There is a slight bullish sentiment in the crypto market. The long term sentiment, however, remains bullish and OCEAN could hit $4.76 in 2025.
The total circulating supply of Ocean Protocol as of writing this article was $648555609.96 and the marketcap of OCEAN remains at $596,501,556
Disclaimer
For some coins with little to no data points and inexistent historical data the model by default will show a positive price prediction. There is no way for our AI bot to decipher whitepaper, tokenomics and team integrity. The coin's price that you are about to see below can fall drastically depending on many factors, so please invest wisely after checking the team and project's whitepaper. This current price prediction is done by a machine crunching numbers and the model is still in the early beta stages. It should strictly not be taken as an investment advice. Although the best engineers are currently tweaking and updating the algorithm, no human has verified the price predicted below, so please use your discretion and make a decision wisely.
OCEAN price prediction: Key highlights
1. Primary support and resistance levels
- On the weekly chart, $0.29 was established as the lowest floor.
- $1.6 can likely prove to be a significant barrier to an uptrend.
2. Market sentiment
- In April 2024, the asset is seen to be overvalued amid a bullish market.
3. Predictive forecasts
- Future forecasts from our AI/ML models project OCEAN to trade at an average price of $2 in 2028 and $15 in 2035.
Gain valuable insights on OCEAN via a comprehensive weekly technical analysis, followed by the coming days of the month, upcoming months, and yearly forecast tables derived from our AI/ML-based predictive models:
OCEAN technical analysis: AI merger garners hype for the asset
As the market continues to unravel the newfound potential of artificial intelligence (AI) in cryptocurrency, OCEAN has stood firm as one of the early adopters. This makes the Ocean Protocol price prediction for 2024 pertinent for investors looking to unravel what the future holds.
The analysis period commenced with the asset struggling to maintain momentum above $0.40. Despite the buyers’ active presence, they could not push the price beyond this threshold.
Repeated attempts to breach this level eventually resulted in a decline to the lowest support observed during the period under review at $0.29. Buyers vigorously defended this support level, preventing the price from dropping further.
As October drew to a close, a new bullish rally emerged. Unlike previous attempts, this rally was characterized by sustained buying pressure. Consequently, it transformed $0.40 into support by early November.
This uptrend continued into the following month, with market participants setting their sights on the next resistance level at $0.54. After nearly a month of effort, the price underwent a corrective pullback.
However, the resilience of the $0.40 support level was confirmed, as it effectively halted any further declines. This foundation served as a launching pad for another bullish phase in February.
Subsequent price surges saw the price of OCEAN approach the major resistance level at $1.3. Nonetheless, the bulls were unable to breach this barrier. This resulted in the price consolidating between this barrier and the strong held support at $1.0. At the time of writing, OCEAN exchanged hands at $1.1.
AMBCrypto recently reported on the merger of SingularityNET, Fetch.ai, and Ocean Protocol. These AI-focused organizations plan to unify their native tokens into a single ASI token.
They anticipate achieving a fully diluted market value close to $7.5 billion. Notably, both SingularityNET and Fetch.ai initiated voting sessions before Ocean Protocol. Moreover, the Fetch.ai community approved the first proposal with 99.8% votes in favor.
The impending voting results can trigger a bullish breakout, pushing OCEAN past the current resistance. This can pave the way for OCEAN to attain its all-time high (ATH) in the coming weeks. Yet, this journey might face some pushback around $1.6.
Contrarily, a bearish breakdown below the current support can see the asset go as low as $0.71. A more pronounced downtrend can even see it retrace its steps back to $0.54.
Long-term predictions from our models look cautiously optimistic. By the four-year time frame, the average price of OCEAN is anticipated to stabilize at over $2. Meanwhile, the road to double-digit valuation appears long, as the models project the average price to hit $15 in 2035.
OCEAN's 2024 roadmap: Key indicators to watch and trade
- The trading volume trends mirrored price movements, with an increase in volume during bullish periods. This correlation reinforced the legitimacy of price rallies, as they were supported by tangible trading activity.
- The On-Balance Volume (OBV) indicator demonstrated overall ascending momentum with occasional minor declines. It sharply rose in February, reaching a value of 5.269 billion at the time of the analysis. This was indicative of strong buying pressure in the market.
- The Directional Movement Index (DMI) demonstrated the balance of market forces. Until mid-August, the +DI and the ADX were dominant over the -DI. As -DI claimed its position above both the other lines, trend strength started to wane. This was evidenced by +DI moving past the ADX towards the end of August.
- As the market grew more bullish, +DI crossed above - DI in late October, with the ADX line following suit in November. Between mid-December and February, the ADX exerted its dominance over +DI.
- After a prolonged drop, it again moved over +DI briefly in mid-March and finally in April, where it remained at the end of the analysis. At the time of writing, the ADX was at 43.6604, with +DI at 38.0928 and -DI at 4.7139, highlighting the prevailing bullish sentiment in the market.
Ocean Protocol Price Prediction
Ocean Protocol has had an eventful 2023. To simplify the latest OCEAN price prediction, we have divided up the prediction by short term Ocean Protocol price prediction and long term Ocean Protocol price prediction. As of writing this article, OCEAN had a trading volume of 29,006,091. Ocean Protocol has gone down by -20.99% in the past 30 days.
According to our analysis in the short term, Ocean Protocol price prediction for July 2024 shows the average price of OCEAN at 1.40 and the highest possible price for July 2024 would be $1.49.
Further, according to our analysis in the long term, Ocean Protocol price prediction for November 2024 shows the average price of OCEAN at 1.73 and the highest possible price for November 2024 would be $1.85.
Ocean Protocol's Short Term Price Prediction
Date | Avg Price | Lowest Price | Highest Price |
5 May 2024 | $0.87 | $0.81 | $0.93 |
6 May 2024 | $0.87 | $0.8 | $0.93 |
7 May 2024 | $0.87 | $0.81 | $0.93 |
8 May 2024 | $0.88 | $0.82 | $0.94 |
13 May 2024 | $0.92 | $0.86 | $0.99 |
18 May 2024 | $0.97 | $0.9 | $1.04 |
28 May 2024 | $1.06 | $0.98 | $1.13 |
June 2024 | $1.31 | $1.22 | $1.41 |
July 2024 | $1.40 | $1.30 | $1.49 |
August 2024 | $1.48 | $1.38 | $1.58 |
September 2024 | $1.56 | $1.45 | $1.67 |
October 2024 | $1.64 | $1.53 | $1.76 |
November 2024 | $1.73 | $1.61 | $1.85 |
December 2024 | $1.81 | $1.68 | $1.94 |
Ocean Protocol price prediction 5 May 2024: Ocean Protocol's price for 5 May 2024 according to our analysis should range between $0.81 to $0.93 and the average price of OCEAN should be around $0.87.
Ocean Protocol price prediction 6 May 2024: Ocean Protocol's price for 6 May 2024 according to our analysis should range between $0.8 to $0.93 and the average price of OCEAN should be around $0.87.
Ocean Protocol price prediction 7 May 2024: Ocean Protocol's price for 7 May 2024 according to our analysis should range between $0.81 to $0.93 and the average price of OCEAN should be around $0.87.
Ocean Protocol price prediction 8 May 2024: Ocean Protocol's price for 8 May 2024 according to our analysis should range between $0.82 to $0.94 and the average price of OCEAN should be around $0.88.
Ocean Protocol price prediction 13 May 2024: Ocean Protocol's price for 13 May 2024 according to our analysis should range between $0.86 to $0.99 and the average price of OCEAN should be around $0.92.
Ocean Protocol price prediction 18 May 2024: Ocean Protocol's price for 18 May 2024 according to our analysis should range between $0.9 to $1.04 and the average price of OCEAN should be around $0.97.
Ocean Protocol price prediction 28 May 2024: Ocean Protocol's price for 28 May 2024 according to our analysis should range between $0.98 to $1.13 and the average price of OCEAN should be around $1.06.
Ocean Protocol price prediction June 2024: Ocean Protocol's price for June 2024 according to our analysis should range between $1.22 to $1.41 and the average price of OCEAN should be around $1.31.
Ocean Protocol price prediction July 2024: Ocean Protocol's price for July 2024 according to our analysis should range between $1.30 to $1.49 and the average price of OCEAN should be around $1.40.
Ocean Protocol price prediction August 2024: Ocean Protocol's price for August 2024 according to our analysis should range between $1.38 to $1.58 and the average price of OCEAN should be around $1.48.
Ocean Protocol price prediction September 2024: Ocean Protocol's price for September 2024 according to our analysis should range between $1.45 to $1.67 and the average price of OCEAN should be around $1.56.
Ocean Protocol price prediction October 2024: Ocean Protocol's price for October 2024 according to our analysis should range between $1.53 to $1.76 and the average price of OCEAN should be around $1.64.
Ocean Protocol price prediction November 2024: Ocean Protocol's price for November 2024 according to our analysis should range between $1.61 to $1.85 and the average price of OCEAN should be around $1.73.
Ocean Protocol price prediction December 2024: Ocean Protocol's price for December 2024 according to our analysis should range between $1.68 to $1.94 and the average price of OCEAN should be around $1.81.
Ocean Protocol's Long Term Price Prediction
Ocean Protocol’s long term Price Prediction below is a look at OCEAN’s future prospect with regards to price. Ocean Protocol was last seen at $0.92, with a market cap of $596,501,556 and trading volumes of $29,006,091. OCEAN’s price prediction is possible by analyzing historical price action, current developments and social sentiment from the community.
Years | Avg Price | Lowest Price | Highest Price |
2024 | $1.89 | $1.51 | $2.27 |
2025 | $3.97 | $3.17 | $4.76 |
2026 | $8.32 | $6.66 | $9.99 |
2027 | $17.45 | $13.96 | $20.94 |
2028 | $36.60 | $29.28 | $43.92 |
2029 | $76.76 | $61.41 | $92.11 |
2030 | $160.98 | $128.79 | $193.18 |
2031 | $337.62 | $270.10 | $405.15 |
2032 | $708.08 | $566.47 | $849.70 |
2033 | $1485.03 | $1188.03 | $1782.04 |
2035 | $6531.93 | $5225.54 | $7838.31 |
Ocean Protocol price prediction 2024: Ocean Protocol's price for 2024 according to our analysis should range between $1.51 to $2.27 and the average price of OCEAN should be around $1.89.
Ocean Protocol price prediction 2025: Ocean Protocol's price for 2025 according to our analysis should range between $3.17 to $4.76 and the average price of OCEAN should be around $3.97.
Ocean Protocol price prediction 2026: Ocean Protocol's price for 2026 according to our analysis should range between $6.66 to $9.99 and the average price of OCEAN should be around $8.32.
Ocean Protocol price prediction 2027: Ocean Protocol's price for 2027 according to our analysis should range between $13.96 to $20.94 and the average price of OCEAN should be around $17.45.
Ocean Protocol price prediction 2028: Ocean Protocol's price for 2028 according to our analysis should range between $29.28 to $43.92 and the average price of OCEAN should be around $36.60.
Ocean Protocol price prediction 2029: Ocean Protocol's price for 2029 according to our analysis should range between $61.41 to $92.11 and the average price of OCEAN should be around $76.76.
Ocean Protocol price prediction 2030: Ocean Protocol's price for 2030 according to our analysis should range between $128.79 to $193.18 and the average price of OCEAN should be around $160.98.
Ocean Protocol price prediction 2031: Ocean Protocol's price for 2031 according to our analysis should range between $270.10 to $405.15 and the average price of OCEAN should be around $337.62.
Ocean Protocol price prediction 2032: Ocean Protocol's price for 2032 according to our analysis should range between $566.47 to $849.70 and the average price of OCEAN should be around $708.08.
Ocean Protocol price prediction 2033: Ocean Protocol's price for 2033 according to our analysis should range between $1188.03 to $1782.04 and the average price of OCEAN should be around $1485.03.
Ocean Protocol price prediction 2035: Ocean Protocol's price for 2035 according to our analysis should range between $5225.54 to $7838.31 and the average price of OCEAN should be around $6531.93.
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FAQs about Ocean Protocol
Ocean Protocol’s current price is $0.92 and witnessed a 2.19% increase in the past 24 hours. OCEAN/BTC pair saw a -0.93% decrease in the past 24 hours
Investing in Ocean Protocol, OCEAN will purely depend on your personal risk appetite. As you can see over the past 24 hours Ocean Protocol’s price has witnessed a 2.19% increase and over the past 30 days Ocean Protocol has decrease by -20.99%. So it all depends on if this investment will hit your trading goals.
According to our latest Ocean Protocol Price prediction for 2024, OCEAN should vary between $2.27 and $1.51. Please keep in mind that the crypto market is very volatile and this Ocean Protocol price prediction does not account for extreme wild swings in price.
As per the Ocean Protocol price prediction 2024 model above, OCEAN’s price for May 2024 should range between $1.51 to $2.27 with the average price for May being $1.89
According to the Ocean Protocol Price Prediction model above, OCEAN’s price in 2025 would be $3.97. This price would however would range from $4.76 and $3.17.
According to the Ocean Protocol Price Prediction model above, OCEAN’s price in 2026 would be $8.32. This price would however would range from $9.99 and $6.66.
According to the Ocean Protocol Price Prediction model above, OCEAN’s price in 2027 would be $17.45. This price would however would range from $20.94 and $13.96.
According to the Ocean Protocol Price Prediction model above, OCEAN’s price in 2028 would be $36.60. This price would however would range from $43.92 and $29.28.
According to the Ocean Protocol Price Prediction model above, OCEAN’s price in 2029 would be $76.76. This price would however would range from $92.11 and $61.41.
According to the Ocean Protocol Price Prediction model above, OCEAN’s price in 2030 would be $160.98. This price would however would range from $193.18 and $128.79.
According to the Ocean Protocol Price Prediction model above, OCEAN’s price in 2031 would be $337.62. This price would however would range from $405.15 and $270.10.
According to the Ocean Protocol Price Prediction model above, OCEAN’s price in 2032 would be $708.08. This price would however would range from $849.70 and $566.47.
According to the Ocean Protocol Price Prediction model above, OCEAN’s price in 2033 would be $1485.03. This price would however would range from $1782.04 and $1188.03.
According to the Ocean Protocol Price Prediction model above, OCEAN’s price in 2035 would be $6531.93. This price would however would range from $7838.31 and $5225.54.
The highest price for Ocean Protocol was recorded in 10 April 2021 during which OCEAN hit an All Time High of $1.93
The price of 1 Ocean Protocol according to current market rate is $0.92