Ocean Protocol (OCEAN)

Ocean Protocol (OCEAN) coin is trading at $0.765 with a market cap of $434.8 million. The price stalled at the 61.8% Fibonacci retracement level, indicating renewed demand pressure. If the current resistance is overcome, OCEAN price may rise as high as $1.67.

Implications

Investors should pay attention to innovative solutions of artificial intelligence tokens.

FET, AGIX and OCEAN tokens are ideal for tracking strong support and resistance levels.

Current market corrections may present buying opportunities for investors.

The overall cryptocurrency market has experienced a pause in recovery momentum since April and May. However, the increasing utility of AI tokens and the broader bullish trend of the market could present lucrative opportunities for investors. Santiment states that the increase in social interest in these projects is often followed by price increases.