OORT Foundation Destroys 1.5M Tokens to Enhance Value
Token Burn Announcement: The OORT Foundation has burned 1.5 million OORT tokens in November 2025, bringing the total for the year to 8.272 million tokens destroyed.
Purpose of Token Burn: The token burn aims to manage the circulating supply and enhance the value of the ecosystem, although no immediate market or regulatory reactions have been reported.
Impact on Demand: The reduction in token supply is expected to drive demand and increase investor confidence, potentially leading to a rise in token scarcity.
Historical Context: Previous token burns by the OORT Foundation have focused on similar objectives of supply reduction and market stabilization, suggesting positive future outcomes for the ecosystem.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for OORT
Technical Sentiment Analysis for OORT (OORT) As of , OORT (OORT) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 0 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for OORT stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, OORT is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
OORT (OORT) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00325 | 0.00665 | 0.00937 | 0.0128 | 0.0155 | 0.0189 | 0.0216 |
| Fibonacci | 0.00665 | 0.00899 | 0.0104 | 0.0128 | 0.0151 | 0.0166 | 0.0189 |
About OORT
About the author







