Opinion Market Launches Decentralized Betting Platform

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: 2 days ago

Should l Buy OPN?

Platform Launch: Opinion Market officially launched on April 8, 2023, as a decentralized platform allowing users to place real financial bets on opinion-based questions, enhancing user engagement and market activity.
Market Mechanism: The platform determines winners based on the amount of money attracted by each side before market closure, simplifying traditional betting complexities and improving user experience.
User Participation: Users can select opinions through a simple swipe interface with a minimum bet of $1, and no wallet is required for initial participation, lowering entry barriers and promoting broader community involvement.
Community-Driven: Opinion Market is also exploring the potential of opinion markets as a social product, aiming to empower the community through creator rewards, referral incentives, and user feedback, thereby enhancing the platform's long-term sustainability.

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Technical Analysis for OPN

Technical Sentiment Analysis for Opinion (OPN). As of , Opinion (OPN) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 6 technical signals, shows that 3 indicators are flashing buy, while 3 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for OPN stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.

Support, Resistance & Moving Averages. From a structural perspective, OPN is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.

Opinion (OPN) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	0.125	0.145	0.163	0.182	0.2	0.219	0.238
Fibonacci	0.145	0.159	0.168	0.182	0.196	0.205	0.219

About OPN

OPINION is building the People’s Terminal for Global Economic Trading — a high-performance prediction exchange that transforms economic insights into tradable markets. By combining AI oracles, on-chain trading infrastructure, and DeFi composability, OPINION enables anyone to act as a market economist — trading global macro signals without institutional barriers or expensive terminals.At the heart of its architecture is the Opinion Stack, a four-layer system powering its mainnet:Opinion.Trade – The live prediction exchange where users can create, trade, and resolve real-world markets.Opinion AI – The first decentralized multi-agent AI oracle capable of resolving complex, unstructured data. Beyond resolution, Opinion AI also assists in the creation of permissionless markets, helping users generate rigorous, objective rules and verifying whether a topic meets resolvability standards. This ensures that open market creation can scale safely, transparently, and trustlessly.Opinion Metapool – Unified liquidity infrastructure ensuring deep cross-market liquidity and resolution trust.Opinion Protocol – A universal token standard enabling interoperability across prediction venues.Through this stack, OPINION is standardizing economic risk as a new, transparent, and tradeable asset class — bridging the gap between traditional macro instruments and permissionless participation.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

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