Image of OPIUM
OPIUMOpium
$0.01418
-1.36%
1D

Opium Analysis

Investment Score
A quick view into Opium's investment prospects.
8.2

Trend and momentum are aligned, and the current chart still offers a constructive buy setup.

What is helping
  • Price is holding above the volume-weighted average, which suggests the move still has volume-backed support.
  • Price is trading above the Ichimoku base line, which keeps the broader structure supportive.
Main risks
  • Price is trading below the Hull Moving Average (9), which points to weakening short-term momentum.
  • Trend Exhaustion Risk: Price is more than 5% extended above EMA50, increasing the risk of a pullback or mean-reversion dip.
Market State Summary
Current regime
Bull Quiet
Confidence: 87%
Why this state?
  • OPIUM is above SMA50
  • SMA50 is above SMA200
  • SMA50 slope is positive over the last 10 days
  • 30-day return is positive
  • ATR volatility is below the 60th percentile of its trailing 180-day history
Suggested strategy

In the current Bull Quiet regime, the best-fit approach is Trend following / buy dips. Trend conditions are constructive and volatility is contained, which usually favors following the move higher and looking for pullbacks instead of fading strength.

Trend
Bullish
OPIUM is trading above key moving averages and the medium-term trend is still rising.
Momentum
Neutral
RSI is 63.53, which is neither overbought nor oversold.
Volatility
Quiet
OPIUM ATR volatility is below the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.01470 - $0.01500
Active zone
$0.01395 - $0.01447
Support zone
$0.01338 - $0.01386
Chart Patterns
SMA50
SMA100
SMA200
RSI
Neutral
MACD
Bearish
ATR%
Quiet
Volume
Low
Support & Resistance

Opium support and resistance levels highlight key price zones where buyers and sellers are most active. This section helps identify likely breakout areas, pullback support, overhead resistance, and the current trading range so you can evaluate trend continuation, reversal risk, and near-term crypto price direction.

Support zone
$0.01338 - $0.01386
Resistance zone
$0.01470 - $0.01500
Active zone
$0.01395 - $0.01447
Levels Table
LevelZoneStrength
Support 1$0.01338 - $0.01386
Support 2$0.01262 - $0.01299
Support 3$0.01182 - $0.01232
Support 4$0.01125 - $0.01167
Resistance 1$0.01470 - $0.01500
Resistance 2$0.01830 - $0.01879
Resistance 3$0.02001 - $0.02024
Resistance 4$0.02235 - $0.02275
Active 1$0.01395 - $0.01447
Scenario Analysis
Bullish scenario

OPIUM clears the resistance zone at $0.01470 - $0.01500 and holds above it. That would strengthen the breakout case and shift attention to $0.01830 - $0.01879.

Bearish scenario

OPIUM loses the support zone at $0.01338 - $0.01386. That would weaken the setup and open the way toward $0.01262 - $0.01299.

Neutral scenario

OPIUM continues trading between $0.01386 and $0.01470. In that case, range-trading conditions remain active.

Technical Indicators

Technical indicators help summarize trend, momentum, volatility, and key price levels. They should not be used in isolation, but they can help identify whether a coin is trending, ranging, overextended, or approaching an important support or resistance level.

IndicatorValueSignalInterpretation
SMA50
$0.01284
Bullish
OPIUM is trading above the 50-day average.
SMA200
$0.01280
Bullish
OPIUM remains above the long-term trend line.
EMA50
$0.01306
Bullish
OPIUM is holding above the 50-day exponential average, which supports the recent trend.
EMA200
$0.01346
Bullish
OPIUM is above the 200-day exponential average, which keeps the longer-term structure constructive.
RSI (14)
63.53
Neutral
RSI (14) is at 63.53, which keeps momentum in a balanced range.
Stoch RSI (14)
0.00
Oversold
Stoch RSI (14) is low at 0.00, which shows momentum is pressing near its recent lower extreme.
MACD
0.0004197
Bearish
MACD is below its signal line.
ATR
1.63%
Quiet
Volatility is below its 180-day median.
VWMA
$0.01382
Bullish
Price is above the volume-weighted average.
Commodity Channel Index (20)
74.49
Neutral
CCI (20) is at 74.49, which keeps price relatively close to its recent average.
Awesome Oscillator (5, 34)
$0.0007507
Bullish
Awesome Oscillator is above zero at $0.0007507, which supports bullish momentum.
Williams Percent Range (14)
-46.95
Neutral
Williams Percent Range (14) is at -46.95, which keeps price in the middle of its recent range.
Bull Bear Power (13)
$0.0002321
Bullish
Bull Bear Power (13) is positive at $0.0002321, which suggests buyers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
46.48
Neutral
Ultimate Oscillator is at 46.48, which suggests momentum is balanced across its short, medium, and long windows.
Hull Moving Average (9)
$0.01433
Bearish
OPIUM is trading below the Hull Moving Average (9), which weakens the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.01389
Bullish
OPIUM is trading above the Ichimoku base line, which supports bullish structure.
Assets Similar to Opium

Over the past 7 days, Opium price was most positively correlated with the price of BitTorrent (BTT), Gnosis (GNO), Monad (MON), Cronos (CRO) and XDC Network (XDC) and most negatively correlated with the price of Beldex (BDX), Raydium (RAY), Morpho (MORPHO), Bitcoin Cash (BCH) and Litecoin (LTC).

Positively Correlated Currencies
NameCorrelation
Image of BitTorrentBitTorrent0.789
Image of GnosisGnosis0.617
Image of MonadMonad0.605
Image of CronosCronos0.594
Image of XDC NetworkXDC Network0.580
Negatively Correlated Currencies
NameCorrelation
Image of BeldexBeldex-0.532
Image of RaydiumRaydium-0.433
Image of MorphoMorpho-0.428
Image of Bitcoin CashBitcoin Cash-0.258
Image of LitecoinLitecoin-0.254

Opium price is positively correlated with the top 10 coins by market cap with a price of 0.205, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.210. Currencies that are positively correlated with Opium indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with Opium, a move in one direction for Opium would translate into a move in the opposite direction for the negatively correlated coin.

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