Ocean Protocol price is down by 44% since its peak on November 11 at $0.62. The digital asset is losing a lot of traction against Bitcoin in the past few months. Although Ocean Protocol has been one of the fastest rising cryptocurrencies in the market from a low of $0.023 in March to its all-time high at $0.65 on August 16, reaching a market capitalization of $230 million. Ocean Protocol price needs to defend this critical support level When it comes to Ocean’s performance against Bitcoin, the digital asset hasn’t done too well, although it started strongly. After its peak on August 18, OCEAN has dropped significantly against Bitcoin and around $70 million in market capitalization. OCEAN/BTC daily chart However, Ocean Protocol is trading just above a crucial support level on the OCEAN/BTC chart at 2043 satoshis. This level was tested in the past several times and could be a potential opportunity for aggressive bulls to buy the digital asset expecting a rebound. OCEAN/BTC 12-hour chart On the 12-hour chart, the TD Sequential indicator is on the verge of presenting a buy signal which should materialize in the next five hours. The next potential price target would be the 50-SMA at 2,660 satoshis. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next US HHS: Could start vaccinating with Pfizer’s COVID-19 vaccine next week FX Street 2 years Ocean Protocol price is down by 44% since its peak on November 11 at $0.62. The digital asset is losing a lot of traction against Bitcoin in the past few months. Although Ocean Protocol has been one of the fastest rising cryptocurrencies in the market from a low of $0.023 in March to its all-time high at $0.65 on August 16, reaching a market capitalization of $230 million. Ocean Protocol price needs to defend this critical support level When it comes to Ocean’s performance against Bitcoin, the digital asset hasn’t done too well, although it started strongly. After its peak… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.