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.
“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.
Comment:
Bullish divergence on the 1h and 4h.
