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Open Campus (EDU) price is one of the hottest topics in crypto as the new cryptocurrency has gained a huge investor interest. EDU crypto has been in a downtrend since its launch. However, the latest analysis reveals that the bullish reversal might be around the corner after a strong bounce from its monthly lows.
After a 15.2% price surge on Wednesday, Open Campus price turned red on Thursday. Till press time, the price was 8.5% down during its London session. Nevertheless, on a weekly timeframe, the cryptocurrency still remained green with 7% gains.
In a Twitter thread on May 4, Open Campus crypto announced its next move. According to the tweet, the project has seven products aimed at the establishment of a decentralized campus. EDU crypto aims to tokenize the content with its Publisher NFTs. Open Campus price is currently 35% down from its all-time high.
These Publisher NFTs will be scaled via four products which include OC Labs, Subject Dev Rights, OC Alliance, and the Smart Donation. The Open Campus roadmap was also shared in the thread, with three major milestones in each of the remaining three quarters of 2023.
The 4H chart of EDU crypto reveals very critical information for traders. The price has recently formed a higher high on the chart, which shows that the bulls are gaining momentum. As long as the price holds the $1.035 level, there is a possibility of a major bullish push in the coming days.
However, this bullish Open Campus (EDU) price prediction depends on the BTC price action. If the BTC price drops below $26,500, then this forecast will be very difficult to be met. The stop loss for this trade can be placed at $0.932, which is the most significant low on the chart.
I’ll keep sharing my updated EDU price analysis in my free Telegram group, which you are welcome to join.
This post was last modified on May 11, 2023, 11:10 BST 11:10