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.
You can see the chart here -> Chart on tradingview