FxWirePro- ROSEUSD (Chart of the day)

The Oasis Blockchain Platform is a Layer1 Proof of Stake(PoS)  smart contract platform that provides scalability, extensibility, and privacy. It is the first privacy-enabled blockchain platform for open finance and a responsible data economy.

Unique features of Oasis-

1. Instant finality
2. High throughput -up to 1m Transaction per second
3. Low fees - 99% cheaper than ETH
4. Privacy enabled blockchain
5. Scalable,private DeFi

ROSEUSD  trades higher for past foru days and surged more than 30%. It hit a high of $0.130 and currently trading around $0.1290. The pair is holding above the short-term (21 and 55-day EMA) and long-term moving average (200-day EMA).

The near-term resistance is around $0.1450, any indicative breach above will take the pair to $0.1850/$0.250.On the lower side, immediate support is $0.10, and any violation below targets $0.0850/0.070.

Indicators ( Daily chart)

CCI(50)- Bullish

Directional movement index - Bullish

It is good to buy on dips around $0.090 with SL around $0.070 for TP of $0.1850.