Ozone Chain OZO
Current Price
$0.1307 +0.01%
$0.0010 Daily Range (0.75%)
$0.1302$0.1312
$146.18K Daily Volume
2 BTC
Vol/MktCap: 0.12%
Market Performance
0.00% Relative BTC Volume
The total volume of Ozone Chain is $146.18K over the past 24 hours, compared to $45.69B total Bitcoin volume.
Hourly Moving Average
8 SMA $0.1306 +0.10%
13 SMA $0.1305 +0.12%
21 SMA $0.1306 +0.07%
55 SMA $0.1307 -0.00%
144 SMA $0.1307 -0.02%
Price Performance
+0.07% 1 Hour Change
$0.1307 from $0.1306
-0.30% 7 Day Change
-$0.0004 from $0.1311
-0.10% 14 Day Change
-$0.0001 from $0.1308
+0.10% 30 Day Change
$0.0001 from $0.1306
All Time High
April 29, 2024
$0.4851 -73.06%
-$0.3544 vs. now
24H Change
303.14K USD +0.24%
4 BTC
Volume and Supply
Total Supply: 1.00B OZO 
960.93M OZO Available96.09% circulating A lower circulating supply may increase over time, reducing scarcity and potentially causing a drop in price. A higher circulating supply is less susceptible to dilution, offering the potential for a more stable price long-term.
Relative Supply Ratio
49.80 x BTC Supply50:1 supply ratio
RSR reflects potential differences in tokenomics, such as inflation rates, utility, or burn mechanisms, which can impact long-term value and scarcity.
Relative Trade Volume
1.12M OZO
traded over past 24 hours
0.12% of circulating supply
A higher trade volume relative to market cap indicates strong market activity and liquidity, while a lower ratio may suggest reduced interest, lower liquidity, or potential price stagnation.
Conversion Tool
Ozone Chain AI Market Analysis
Ozone Chain (OZO) is currently priced at $0.130483, reflecting a slight decline of 0.04867% over the past 24 hours. The daily trading range has been relatively tight, with a high of $0.132846 and a low of $0.128844, indicating low volatility and a lack of strong momentum.
Trading volume stands at 147,331, with a volume-to-market cap ratio of 0.12%, suggesting limited market participation. This low volume may contribute to the price stagnation observed over the past week, where the price change has been negative at -0.3%, despite a modest positive shift of 0.2% over the 14-day period.
Technical indicators reveal bearish short-term momentum, as all hourly moving averages (SMA) are showing declines, with the 55 and 144 SMAs down by 0.16% and 0.18%, respectively. The 1-hour RSI is at 47, indicating neutral conditions, while the 7-day RSI of 49 suggests a similar lack of directional strength.
The recent price action shows that OZO is trading significantly below its all-time high of $0.485077 reached in April 2024. This current price reflects a substantial retracement, indicating potential resistance levels above the current price point, which will need to be overcome for a bullish reversal.
Given the lack of upward momentum, declining moving averages, and low trading volume, the market sentiment appears to be cautious. A Buy rating is not warranted at this stage, as the fundamentals do not support a strong upward move, and technical indicators suggest further consolidation may be necessary.
In conclusion, the recommendation for Ozone Chain (OZO) is to Hold. This rating is based on the current lack of strong bullish signals and the presence of significant overhead resistance, suggesting that investors should wait for clearer signs of momentum before considering new positions.
Trading volume stands at 147,331, with a volume-to-market cap ratio of 0.12%, suggesting limited market participation. This low volume may contribute to the price stagnation observed over the past week, where the price change has been negative at -0.3%, despite a modest positive shift of 0.2% over the 14-day period.
Technical indicators reveal bearish short-term momentum, as all hourly moving averages (SMA) are showing declines, with the 55 and 144 SMAs down by 0.16% and 0.18%, respectively. The 1-hour RSI is at 47, indicating neutral conditions, while the 7-day RSI of 49 suggests a similar lack of directional strength.
The recent price action shows that OZO is trading significantly below its all-time high of $0.485077 reached in April 2024. This current price reflects a substantial retracement, indicating potential resistance levels above the current price point, which will need to be overcome for a bullish reversal.
Given the lack of upward momentum, declining moving averages, and low trading volume, the market sentiment appears to be cautious. A Buy rating is not warranted at this stage, as the fundamentals do not support a strong upward move, and technical indicators suggest further consolidation may be necessary.
In conclusion, the recommendation for Ozone Chain (OZO) is to Hold. This rating is based on the current lack of strong bullish signals and the presence of significant overhead resistance, suggesting that investors should wait for clearer signs of momentum before considering new positions.
Updated 435 minutes ago.