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OPULUSDT

Opulous ($OPULUSDT): Awaiting Entry for 100% + Upside in MusicFiI spend time researching and finding the best entries and setups, so make sure to boost and follow for more. **Opulous ( KUCOIN:OPULUSDT ): Awaiting Entry for Promising Upside in MusicFi** Trade Setup: - Entry Price: $0.06486 (Pending Activation) - Stop-Loss: $0.04369 - **Take-Profit Targets:** - **TP1:** $0.14686 - **TP2:** $0.24000 **Current Price:** $0.07048 Fundamental Analysis: Opulous ( KUCOIN:OPULUSDT ) is leading the way in MusicFi by merging decentralized finance (DeFi) with the music industry. Through its platform, artists can mint music as NFTs, allowing fans to directly invest in their music and share in royalty streams. This revolutionary approach is disrupting traditional music rights management and has garnered significant attention from artists and investors alike. Recent developments, such as new artist partnerships and an increase in platform adoption, underscore Opulous’s potential to drive innovation in the blockchain space. Tokenomics Overview: - **Total Supply:** 500 million tokens. - **Utility:** Facilitates music NFT transactions, staking, and royalty payments. - **Growth:** Rapid adoption within the MusicFi niche, attracting both artists and investors. Technical Analysis (4-Hour Timeframe): - Support Levels: $0.06500 is a strong support zone near the anticipated entry price, aligning with previous price consolidation levels. - Resistance Levels: $0.07500 is the first key resistance, with further resistance at TP1 ($0.14686). - Moving Averages: - 20-EMA: $0.07000 - 50-EMA: $0.06700 - Relative Strength Index (RSI): Currently at 57, signaling neutral momentum, providing room for further upside. Market Sentiment: Interest in MusicFi continues to grow, with Opulous at the forefront of this trend. The unique proposition of allowing fans to invest in music royalties via NFTs is driving increased market interest. Community engagement remains strong, reflecting confidence in the project’s long-term potential. Risk Management: The stop-loss at $0.04369 provides protection against significant downside risk, while the take-profit targets offer excellent upside potential. TP1 represents a **126% return**, and TP2 offers a potential **270% gain**, making this trade highly attractive for mid- to long-term investors. Key Takeaways: - Opulous is uniquely positioned to capitalize on the growing MusicFi trend, blending blockchain with real-world applications in the music industry. - Awaiting a pullback to $0.06486 for an optimal entry point into this promising setup. - The trade offers a compelling risk-to-reward ratio, ideal for swing traders and long-term holders. When the Market’s Call, We Stand Tall. Bull or Bear, We’ll Brave It All!
Long
by SiriusTrading
op idea"🌟 Welcome to Golden Candle! 🌟 We're a team of 📈 passionate traders 📉 who love sharing our 🔍 technical analysis insights 🔎 with the TradingView community. 🌎 Our goal is to provide 💡 valuable perspectives 💡 on market trends and patterns, but 🚫 please note that our analyses are not intended as buy or sell recommendations. 🚫 Instead, they reflect our own 💭 personal attitudes and thoughts. 💭 Follow along and 📚 learn 📚 from our analyses! 📊💡"
by Golden_candle
opul opulusdtWhy I’m Bullish on Opulous (OPUL) Opulous (OPUL) presents a compelling bullish case due to its innovative approach in tokenizing real-world assets (RWA) within the music industry. Here are the key reasons for my bullish sentiment: 1. Unique Use Case in Music and NFTs Opulous enables artists to tokenize their music rights, offering a direct way for fans and investors to support musicians while earning from music royalties. This integration of NFTs with music copyrights offers a fresh and practical utility in the blockchain space. 2. Strong RWA Narrative The tokenization of real-world assets is a growing trend in crypto. OPUL’s focus on music royalties positions it as a standout project in the RWA sector, currently ranked among the top RWA projects by market cap. As interest in RWA grows, Opulous is likely to attract more attention. 3. Fundamental Growth Metrics • Market Metrics: OPUL has a relatively low market cap (~$31 million) compared to its potential, suggesting room for growth. • Circulating Supply: About 72% of tokens are in circulation, ensuring liquidity while maintaining long-term vesting incentives for the team and investors. 4. Strong Community and Industry Support Opulous has established partnerships with influential names in the music industry and continues to attract attention for its artist-first approach. Its active user base and community engagement signal strong organic support. 5. Upcoming Developments The roadmap for 2024 includes plans for expanding tokenized music offerings and integrating with more platforms, which could boost adoption and demand for OPUL. 6. Previous Market Performance OPUL experienced significant highs during its initial launch, peaking at $6.73. Despite the bear market correction, it has shown resilience and is positioned to recover with market improvements. These factors combined make me optimistic about OPUL’s potential for upward momentum in the medium to long term. I believe it is well-positioned to capitalize on the growing intersection of blockchain technology and the music industry.
by whale_code
OPUL OPULUSDTWhy I’m Bullish on Opulous (OPUL) Opulous (OPUL) presents a compelling bullish case due to its innovative approach in tokenizing real-world assets (RWA) within the music industry. Here are the key reasons for my bullish sentiment: 1. Unique Use Case in Music and NFTs Opulous enables artists to tokenize their music rights, offering a direct way for fans and investors to support musicians while earning from music royalties. This integration of NFTs with music copyrights offers a fresh and practical utility in the blockchain space. 2. Strong RWA Narrative The tokenization of real-world assets is a growing trend in crypto. OPUL’s focus on music royalties positions it as a standout project in the RWA sector, currently ranked among the top RWA projects by market cap. As interest in RWA grows, Opulous is likely to attract more attention. 3. Fundamental Growth Metrics • Market Metrics: OPUL has a relatively low market cap (~$31 million) compared to its potential, suggesting room for growth. • Circulating Supply: About 72% of tokens are in circulation, ensuring liquidity while maintaining long-term vesting incentives for the team and investors. 4. Strong Community and Industry Support Opulous has established partnerships with influential names in the music industry and continues to attract attention for its artist-first approach. Its active user base and community engagement signal strong organic support. 5. Upcoming Developments The roadmap for 2024 includes plans for expanding tokenized music offerings and integrating with more platforms, which could boost adoption and demand for OPUL. 6. Previous Market Performance OPUL experienced significant highs during its initial launch, peaking at $6.73. Despite the bear market correction, it has shown resilience and is positioned to recover with market improvements. These factors combined make me optimistic about OPUL’s potential for upward momentum in the medium to long term. I believe it is well-positioned to capitalize on the growing intersection of blockchain technology and the music industry.
by whale_code
OPUL in Downtrend - Potential Buy SetupOn the 10th of August OPUL experienced an explosive upward movement in price due to the reveal that it's staking dashboard will be launching on August 22nd. The price of the coin jumped over 100% from around $0.08 to $0.17 before it began moving back down. It is now developing a clear channel downward and based on fibonacci levels it looks as tho the $0.10 area will be a nice opportunity to stack OPUL. The general macro sentiment to Bitcoin, crypto, and larger financial markets is still mostly bearish so please use caution when purchasing. Use your best judgement, this is not financial advice!
by WillGood
OP/USDT TRADE SETUP!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities. Do consider following me for the latest updates and Long /Short calls on almost every exchange. I post short mid and long-term trade setups too. Let’s get to the chart! I have tried my best to bring the best possible outcome in this chart, Do not consider it as financial advice. Long OP/USDT at CMP and add more up to $0.496 Remember to get in partially don't buy at once. It's important to keep your entry as low as possible. The best way is to buy in parts which will eventually average your entries. Target:- 30% to 50% SL:- $0.4620 Lev:- 5x This chart is likely to help you in making better trade decisions if it did consider upvoting this chart. Would also love to know your charts and views in the comment section. Thank you
by CRYPTOMOJO_TA
2022-04-07 OPULUSDT Finding a Bottom & Looking to LongSome thoughts on OPULUSDT: Daily: showing signs of a change in fortune. 10/20 EMA cradle has turned bullish. 12hr: looking very positive as well. Broken through the 100EMA and is retesting the 10/20EMA for a new support level. 4hr: Couple of shots of the 4hr showing possible targets if the $1 boundary (black line) is broken. 1hr: Showing signs of needing a bit of a cool off on the lower timeframes. I've marked areas of interest for taking a long entry.
Long
by DoryFish
$OPUL | SLEEPING GIANT IS ABOUT TO MAKE ITS NEW MOVEWith the strong fundamental, Opulous had some bad times by reason of bad market conditions and unlock the vesting tokens. I believe that the time has come for this starlet. Daily rsi breakout and macd looks bullish and giving buy sign. Price in the buy zone for me. It's really worth a shot imo. If the market and btc keep recovering $OPUL can bounce big. Always do your own research, this is not a financial advice. Always use stoploss in unstable market.
Long
by SeedShoHunter
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.
by WillGood