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Possible bearish downtrend on Opium Downside
Opium's price has performed poorly over the past weeks. Buying OPIUM at this time may lead to loss of capital.
| OPIUM Price | $0.1250 USD |
| Price Change 24hours | $-0.0020 USD (-1.54%) |
| 24h Low / 24h High | $0.1164 / $17.8580 USD |
| Trading Volume 24hours | $101,371 USD |
| Market Cap | $12,499,000 USD |
Opium Analysis
1. All created positions are represented by ERC-721o tokens that are specially designed for trading financial instruments and can be combined into portfolios and natively traded in combined orders.
2. The Opium protocol is a universal protocol to create, settle and trade virtually all derivatives and financial instruments in a professional and trustless way.
3. The Opium Network is a learning ecosystem that can work with the custom logic of both derivatives and oracles.
4. Once created, they can be traded freely via a network of relayers and will be priced according to supply and demand.
5. At the same time, these tokens are backward compatible with the ERC-721 token standard and can be used in existing ecosystems.
6. It allows anyone to build custom exchange-traded products on top of the Ethereum blockchain.
7. Want to invest in Opium? you may also like other coins like
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Future price prediction
| Date | Price | Possible movement |
|---|---|---|
| Dec 5, 2023 | $17.8580 | Neutral |
| January, 2024 | $ 0.1250 USD | Downside |
| February, 2024 | $ 0.1250 USD | Downside |
| March, 2024 | $ 0.1250 USD | Downside |
| June, 2024 | $ 0.1250 USD | Downside |
| December, 2024 | $ 0.1250 USD | Downside |
OPIUM Crypto Price Forecast: Frequently Asked Questions
| Question | Answer |
|---|---|
| What will be the highest price of Opium (OPIUM) in future? | Our analysis shows Opium is already past it's immediate all time high, indicating a bearish signal! |
| Will Opium (OPIUM) price increase in future? | No. Our algorithms indicate that Opium (OPIUM) will experience a significant decline in future. As low as $0.1250/OPIUM |
| Will an Investment in Opium (OPIUM) be profitable or make a loss? | Probably Loss making. |
| What will be the lowest price of Opium (OPIUM) in future? | $0.1250 USD |
| Will the price of Opium (OPIUM) move downward in future? | Down only |
| At the end of the year, what will be the price of 1 Opium? | Our analysis shows an end of year prognosis of 1OPIUM = $0.1250 USD. |
| Where do I buy Opium? | We have curated some great options. Buy OPIUM coin here → |
Historical Price Data (USD)
Poor volume like OPIUM could be an indication of short term bearishness.
| Date | Price | Volume |
|---|---|---|
| March 4, 2020 | $0 | $0 |
| March 4, 2020 | $0 | $0 |
| March 4, 2020 | $0 | $0 |
| March 4, 2020 | $0 | $0 |
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| March 4, 2020 | $0 | $0 |
| March 4, 2020 | $0 | $0 |
| March 4, 2020 | $0 | $0 |
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| March 4, 2020 | $0 | $0 |
| March 4, 2020 | $0 | $0 |
| March 4, 2020 | $0 | $0 |
| March 4, 2020 | $0 | $0 |
Steps to buy Opium (OPIUM) in 2023
- Buy OPIUM with USD: Purchase OPIUM with USD on the following exchanges: .
Alternatively, - Buy Bitcoin directly on Coinbase, Binance or Paypal
- Send the BTC to an Exchange that supports OPIUM/BTC pair. You can buy OPIUM with Bitcoin at Gateio, .
- Now, Buy Opium with BTC: Below is a detailed breakdown of exchanges that support Opium and their trading.
Exchanges that support OPIUM/USD Pair
| Exchange | Trade Pair | Rating |
|---|
Exchanges that trade OPIUM/BTC Pairs
| Exchange | Trade Pair | Rating |
|---|
Exchanges that allow OPIUM/BTC trading
| Exchange | Trade Pair | Exchange Grade |
|---|---|---|
| Gateio | OPIUM/ETH | B |