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gasimli
Jan 28, 2022 1:58 PM

OlympusDAO OHM/DAI 

OLYMPUS / DAI STABLECOIN on Ethereum (055475...7722D3)SushiSwap v2 (Ethereum)

Description

We faced a big drop in OHM price. According to my calculations, the price staying around $60 for a while indicates that there is a strong support line here.

In my opinion, the lowest level the price can be for the months of January-April is around $40-45.

If it touches this level, there is a great possibility that the price will go up to $200.
Comments
acogwell11
is your basis for this due to backing?
gasimli
@acogwell11, No actually
acogwell11
@gasimli, are you seeing passive buyers line up limit orders there or what's your basis for this?
gasimli
@acogwell11, In my opinion, this point is important and supportive for ohm staking and bridge.
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