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Orion Protocol and HEGIC prices remain bullish. Nonetheless, a close above $10 and $0.25 would see ORN and HEGIC trend towards H1 2021 highs.
Orion Protocol (ORN)
The CertiK-audited protocol aims to provide the illiquidity challenges suffered by crypto exchanges. Central to their operations is the ORN coin.
Past Performance of ORN
The Orion Protocol crypto is steady, adding two percent versus the greenback on the last trading day.
Even so, the ORN crypto remains in range inside the September 6 bear bar.
From the ORN technical analysis in the daily chart, buyers stand a chance once there is a clear break above $10.
Day-Ahead and What to Expect
In a consolidation, the ORN coin would most likely remain inside the September 7 bear bar, giving sellers perfect entries as long as prices are trending below $10.
A surge above $10 swings the table in favor of buyers.
Meanwhile, sharp losses below $6 could trigger a sell-off as ORN drops back, syncing with Q2 2021 price action.
Orion Protocol Technical Analysis
From the volume analysis of the ORN coin candlestick arrangement, sellers are in the driving seat.
As such, at spot rates, aggressive Orion Coin token sellers may unload, targeting September 7 lows of $7.
Aforementioned, a high-volume expansion above $10 would shift the tide, the momentum for further gains towards $20.
HEGIC
The options trading protocol on Ethereum relies on the HEGIC token for governance.
Past Performance of HEGIC
The HEGIC crypto price is rapidly fluctuating.
However, as per HEGIC technical analysis, the token is trading within a bullish breakout pattern.
At the time of writing, the HEGIC coin is down roughly 14 percent versus the USD, but within an uptrend.
Day-Ahead and What to Expect
Losses of September 7 were satisfactorily reversed.
Presently, HEGIC token prices are within the September 8 trade range and bullish.
Even so, for trend continuation, there must be a sharp, high-volume breakout above $0.25.
In that case, the price could rise back to $0.65.
HEGIC Technical Analysis
The HEGIC coin is bullish despite lower lows.
However, there has been no confirmation of the September 8 bull bar.
The pullback within the candlestick may offer entries for aggressive traders targeting a retest of $0.25 and further continuation back to $0.65.
In the short-term, losses below $0.11—September 8 losses—invalidates the uptrend.