Octopus Protocol (OPS)
1. Fundamental Analysis
1.1 Introduce
Octopus Protocol, a robust DeFi protocol built on the Binance Smart Chain (BSC), allows issuance, trade, and management of decentralized derivative assets.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | OPS | Market Cap | 15583.2242688 |
| Name | Octopus Protocol | White Paper | -- |
| Web Site | https://octopus.exchange/ | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://bscscan.com/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 150000000 | |
| Supply | 150000000 | Release Date | 2021-06-16 |
| Available Supply | 26354176 |
2. Technical Analysis
2.1 Kline Data
| Date | Open | High | Low | Close | Volumn |
|---|---|---|---|---|---|
| 2025-01-01 | 0.0005913 | 0.0005913 | 0.0005913 | 0.0005913 | 0.0 |
| 2024-12-31 | 0.0006201 | 0.0006392 | 0.0005913 | 0.0005913 | 273.4094075 |
| 2024-12-30 | 0.0005875 | 0.0006264 | 0.0005875 | 0.0006264 | 45.0703713 |
| 2024-12-29 | 0.0005766 | 0.0006004 | 0.0005718 | 0.0005718 | 84.5764745 |
| 2024-12-28 | 0.0006004 | 0.0006004 | 0.0006004 | 0.0006004 | 1.9999324 |
| 2024-12-27 | 0.0006085 | 0.0006085 | 0.0005876 | 0.0006004 | 19.0247207 |
| 2024-12-26 | 0.00062 | 0.0006371 | 0.0006134 | 0.0006134 | 32.385693 |
| 2024-12-25 | 0.0006278 | 0.0006278 | 0.0005762 | 0.0006263 | 126.8992974 |
| 2024-12-24 | 0.0006263 | 0.0006681 | 0.0006134 | 0.0006392 | 55.4597812 |
| 2024-12-23 | 0.0006263 | 0.0006511 | 0.000575 | 0.0006263 | 262.6290343 |
| 2024-12-22 | 0.0006134 | 0.0006649 | 0.0006085 | 0.0006264 | 237.9258546 |
| 2024-12-21 | 0.0006392 | 0.0006778 | 0.0006134 | 0.0006277 | 209.5100068 |
| 2024-12-20 | 0.00057 | 0.0006391 | 0.00055 | 0.0006384 | 675.9339452 |
| 2024-12-19 | 0.000665 | 0.0007036 | 0.0005747 | 0.0005747 | 189.7290439 |
| 2024-12-18 | 0.0007553 | 0.0007553 | 0.00058 | 0.000665 | 1685.1880981 |
| 2024-12-17 | 0.0007681 | 0.000788 | 0.0007165 | 0.0007793 | 698.7737752 |
| 2024-12-16 | 0.0008583 | 0.000871 | 0.0007299 | 0.000781 | 1727.2742176 |
| 2024-12-15 | 0.0007454 | 0.0009 | 0.0007299 | 0.0008583 | 2951.1397232 |
| 2024-12-14 | 0.0007403 | 0.0007518 | 0.000731 | 0.00074 | 66.7660873 |
| 2024-12-13 | 0.0007404 | 0.00075 | 0.0007295 | 0.0007429 | 94.924907 |
| 2024-12-12 | 0.0007404 | 0.0007638 | 0.0007176 | 0.0007188 | 392.0896652 |
| 2024-12-11 | 0.0007165 | 0.0007294 | 0.0007001 | 0.0007294 | 84.0479852 |
| 2024-12-10 | 0.0007236 | 0.0007552 | 0.0007001 | 0.0007384 | 273.5281409 |
| 2024-12-09 | 0.000768 | 0.0007722 | 0.0007045 | 0.0007423 | 793.6563563 |
| 2024-12-08 | 0.0007553 | 0.000788 | 0.0007404 | 0.000768 | 379.5319237 |
| 2024-12-07 | 0.0007884 | 0.0007894 | 0.0007552 | 0.0007552 | 68.5727663 |
| 2024-12-06 | 0.0007553 | 0.000788 | 0.0007399 | 0.00078 | 256.5875424 |
| 2024-12-05 | 0.0007809 | 0.0007809 | 0.0007 | 0.0007681 | 979.4254085 |
| 2024-12-04 | 0.0007189 | 0.0007894 | 0.00068 | 0.0007809 | 2782.7076077 |
| 2024-12-03 | 0.0007248 | 0.0007351 | 0.0006957 | 0.0007165 | 184.5104559 |
2.2 Analysis
The recent price action shows a period of volatility followed by a consolidation phase, culminating in a potential bearish reversal. Short-term price movements are likely to remain uncertain, with a downward trend possible in the near future. However, longer-term projections require further data analysis and consideration of broader market influences. Sustained price action below 0.0006 will confirm the bearish outlook.
