Oasis Network [ROSE] climbs 105% – Are traders rotating toward privacy AI?
Oasis Network's ROSE token surged 105% from mid-December lows, driven by growing interest in privacy-focused infrastructure amid global AI and data regulation debates. The rally was supported by rising Open Interest, reaching $26.23 million, and a significant volume spike to $334.6 million, indicating strong bullish demand rather than short covering. The network’s confidential computing and AI-oriented features attracted institutional interest, repositioning ROSE as an infrastructure asset. However, ROSE approached a key descending resistance level, with further upside contingent on breaking into the $0.030–$0.039 supply zone while holding the $0.015 support.
ambcrypto01/20 22:01