Origin Protocol’s OGN up 22% this week – What are buyers up to?

OGN token surged 21.8% over the past week and 14.4% in the last 24 hours, suggesting a potential breakout as prices surpassed a key level of $0.71.

The MVRV ratio indicates OGN is undervalued, remaining low since May 2022. This could signal a buying opportunity for new investors despite existing holders registering significant losses.

A decreasing exchange reserve suggests accumulation, indicating positive sentiment among holders. The price above $0.71 could mark a significant momentum shift for OGN.