ROSE crypto dips 9% as Oasis sees bearish pressure

Oasis, the layer-1 blockchain with a production-ready confidential Ethereum Virtual Machine, saw its native token fall more than 9% as bearish momentum dragged the price to multi-month lows.

The price of Oasis (ROSE) declined over 9% in the past 24 hours, trading at lows of $0.0314 as the broader crypto market turned negative. The losses have pushed the ROSE price down more than 22% over the past week.

While the altcoin remains in the green on the monthly timeframe, up 68% since hitting lows of $0.019 on April 7, 2025, the current price is over 94% below its all-time high above $0.59. Over the past year, ROSE has fallen more than 63%.

A lack of bullish momentum may allow bears to extend the downtrend that began…

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