Origin Protocol / TetherUS
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OGN-USDT (Breakout)

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Origin Protocol is built with the vision to bring NFTs and DeFi to the masses. The protocol is backed by some prominent institutional investors such as Blockchain.com Ventures, Hashed and Pantera Capital. The team includes serial entrepreneurs- Founder of PayPal, early employees at YouTube, and engineering managers at Google and Dropbox. The expertise of the team along with the backing of these institutional giants helps us to understand the potential of the project to scale tremendously.

Origin has built its product- NFT Launchpad with the launch of a secondary marketplace planned in their Roadmap. They have currently integrated with the Polygon network to expand their audience base by allowing them to buy more accessible NFTs. The building momentum in the value-driven NFT project coupled with the adoption of the Polygon network is set to scale OGN to new highs.

On the Daily Time Frame, OGN has been consolidating at the level of $1.20 which has previously acted as the Resistance level. It looks well set to trigger a Breakout at the current levels. The support to the lower side is present at $1.04 while it may face resistance at the level of $1.85 on the higher side.

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