ROSE’s 9% Plunge: Is Oasis Losing Its Crypto Oasis Status?
Oasis’s ROSE token crashes 9% as bearish pressure mounts. Is this a dip or a disaster? Track it with Trafy.io!
On May 19, 2025, the native token of the Oasis Network, ROSE, dropped over 9% in 24 hours, hitting a low of $0.0314. This decline aligns with a broader crypto market slump, with bearish momentum dragging ROSE to multi-month lows. Despite a 21% surge in 24-hour trading volume to $17 million, derivatives data shows a 12% drop in open interest, signaling fading trader confidence. The Relative Strength Index (RSI) also hints at increased downward pressure, barely staying above neutral.
What’s Driving the Drop?
Oasis, a layer-1 blockchain known for its privacy-focused Ethereum Virtual Machine, has struggled since ROSE peaked at $0.14 in December 2024. The broader market’s negative turn, with Bitcoin and major altcoins mirroring stock market declines, hasn’t helped. Liquidations of bullish bets likely amplified the sell-off, flooding the market with tokens and pushing prices lower. Posts on X reflect similar sentiment, noting ROSE’s 74% rise from April lows but a steep 94% drop from its all-time high.
Oasis, a layer-1 blockchain known for its privacy-focused Ethereum Virtual Machine, has struggled since ROSE peaked at $0.14 in December 2024. The broader market’s negative turn, with Bitcoin and major altcoins mirroring stock market declines, hasn’t helped. Liquidations of bullish bets likely amplified the sell-off, flooding the market with tokens and pushing prices lower. Posts on X reflect similar sentiment, noting ROSE’s 74% rise from April lows but a steep 94% drop from its all-time high.
What It Means for Investors
For beginners, this dip highlights crypto’s volatility. While ROSE’s fundamentals—like its role in DeFi and privacy tech—remain strong, short-term losses can sting. Analysts predict a possible recovery to $0.0354 by late May, but bearish trends could persist if market sentiment doesn’t shift. Diversifying and avoiding over-leveraged trades is key for new investors.
For beginners, this dip highlights crypto’s volatility. While ROSE’s fundamentals—like its role in DeFi and privacy tech—remain strong, short-term losses can sting. Analysts predict a possible recovery to $0.0354 by late May, but bearish trends could persist if market sentiment doesn’t shift. Diversifying and avoiding over-leveraged trades is key for new investors.
What’s Next?
A bullish reversal could push ROSE toward $0.267 in 2025 if Oasis regains traction. Stay cautious and monitor market trends. Follow Trafy.io for updates
A bullish reversal could push ROSE toward $0.267 in 2025 if Oasis regains traction. Stay cautious and monitor market trends. Follow Trafy.io for updates
What’s your take on ROSE’s future? Comment below and join Trafy.io for more crypto insights!
NOTICE:
The information provided on trafy.io does not constitute investment advice or recommendations. All investment and trading activities involve risks, and readers are advised to conduct their own research before making decisions.
NOTICE:
The information provided on trafy.io does not constitute investment advice or recommendations. All investment and trading activities involve risks, and readers are advised to conduct their own research before making decisions.
