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Olympus DAO (OHM) price update

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Published: 19 Nov 2021 › Updated: 19 Nov 2021Olympus DAO (OHM) price update

Olympus DAO (OHM) price update

Introduction
Today I'm discussing the price of OHM, the token of the Olympus DAO protocol.

Price update
OHM is at a long-term support zone right now, this is a support zone since begin October, Olympus entered this zone 4 times already and I don't think it will break to the downside.

This zone is a good place to accumulate some more OHM in my opinion

We could see the price make a recovery back to the 880$ zone. With some resistance in that zone. After that, we should be clear to head back to the higher target of 1200$ which is a very strong resistance zone. OHM entered this zone 4 times with strong selling pressure at this zone so let's see if we can break it this time.

OHMDAI_20211119_172733.png

You can see the chart here -> Chart on tradingview

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