Looking at ohm/dai and ohm/eth we can see that their RSIs have either reached the bottom or have nearly reached the bottom. Could we expect some upside soon?
Future price movement is detected in the Astral realm. A ghost feed is plotted from right to left, tracing the path of the price back to the present moment.
Difficult to do TA on OHM/DAI because the volume of OHM/DAI is a mere fraction of the total marketcap of OHMs value. Later today at 11:59 am EST. Olympusdao.finance will start accepting ETH bonds. This should be an interesting event which may bring volume and value to OHM. It would be included in the intrinsic value (IV) of OHM.
Currently Rebase figures for OHM...
This could be ATH... or maybe not.
From a weekly perspective Olympus offers amazing growth. Another thing is the reality that occupies us seeing that in 4h the movement is losing some strength although we do not see the price fall either.
Two things will probably happen after this analysis: either the price goes up or the price goes down. As always. Serve this...
Well OHM is in the news because Mark Cuban has decided to stake a decent chunk.
I think this one holds promise based on the fundamentals, especially during a possible correction or bearish continuation in the crypto markets.
Why? It's basically poised to become the DAI version of the Federal Reserve.
Also we can see some strong support at each correction...
Unique project that is in the growth phase trying to become a stable coin backed by assets from a treasury. You can buy bonds from the protocol by selling DAI, FRAX, and LP in return for OHM tokens at a lower price. As of now it has a 250mil MC roughly and you can earn 15.6k APY just by simply staking the tokens at app.olympusdao.finance using the metamask wallet....
Olympus is an algorithmic currency protocol based on the OHM token. It introduces unique economic and game-theoretic dynamics into the market through asset backing and protocol controlled value.
How can I benefit from Olympus?
The main benefit for stakers comes from supply growth. The protocol mints new OHM tokens from the treasury, the majority of which are...
