OPULUSDT trade ideas
$OPUL had a break out earlier , now need to see if continues $OPUL had a break out earlier , now need to see if continues.
wait for confirmation before get in .
Max. Supply
500,000,000 OPUL
Info
What is Opulous?
Opulous brings Decentralized Finance to the music industry, providing a launchpad for the first music copyright-backed NFTs as well as DeFi loans that will change how artists access the funding they need.
The platform comprises three main functions: NFT Launchpad, NFT Exchange and DeFi Loans.
Opulous Music NFTs are a new form of Non-Fungible Token, offering buyers a share of a song's future royalty earnings and exclusive rewards in exchange for social media support.
Opulous peer-to-peer DeFi loans cut out traditional banks, middle-men and major labels, allowing artists to access up-front cash based on the predictable royalties they generate over 12 months.
OPUL Opulous is a relatively new coin with big promise!OPUL Opulous came out this past Sept. I dont know too much on it but members of my community are excited about it. It is currently on a nice uptrend tunnel. It did pierce the tunnel briefly but since it fell back into said tunnel we will move the lines soon. I plan on getting me some soon. Cheers - DiMarco
Opulous (OPUL): Parabolic Curve: Enter The Market Bubble Opulous is a new asset and it’s about bringing “Music Assets into DeFi”. It’s the first platform to launch music copyright NFTs.
“Through tokenization, the platform will leverage an otherwise illiquid asset, giving artists and other industry bodies the clout they need to raise finance.”
As stated on their website—“Opulous tokens offer buyers a share in the music copyright. These NFTs will generate monthly royalty revenue and increase in value as an artist’s career progresses.” NFT owners can track this passive income and withdraw their earnings directly from their Opulous account. Plus they’ll be tradable on the upcoming Opulous NFT Exchange.
Opulous token (OPUL) is created on Algorand and Ethereum and is since the 23th of Sept. only tradable on Kucoin, Gate.io, Uniswap, and PancakeSwap. That being said, there is a lot room to grow when incorporating exchange listing effects.
There is a possibility for OPUL to have started its parabolic journey. As literature points out, you find such patterns near the end of a major market advance. If history repeats itself, October may bring us an extremely bullish month.
Going into chart, OPUL might currently be consolidating in Base 2. If OPUL breaks out and enters Base 3—the fastest acceleration points for an asset, the price will double in the very short period of time. The timeframe might not be on par, but its a possible scenario that may play out for OPUL.
As usual, best of luck!
-If you agree with this, like and share.
Cheers.
OPUL and Fibonacci ExtensionsOpul is a music and creator focused token. I am bullish long term on the project overall due to being on the Algorand network, the connection with Yieldly, and that artists will always find the best ways to earn more!
Here are the fib extensions from highest high and lowest low as a framework for viewing larger zones.
Their website describes the project as - "Using our NFT Exchange anyone can own a piece of their favourite artist’s music copyright and buy valuable assets previously only available to industry insiders. Musicians can raise money by freely selling their music copyright as NFTs, while fans can support and form closer connections to their idols by purchasing a real stake in their career.
OPUL USDTHe made a good move and went up to the target as expected
The bit amplitude grew according to previous analyzes
I expect this correction currency to move to the first red range and even to the extent of one to the range of 0.8, which can be seen in terms of buying opportunities to reach the next target