OSMOSIS Token Report
Osmosis (OSMO) is a decentralized exchange (DEX) built for the Cosmos ecosystem, which comprises independent, interoperable blockchains connected seamlessly through the Inter-Blockchain Communication Protocol (IBC). In addition to IBC-enabled assets, Osmosis supports non-IBC assets bridged from ecosystems like Ethereum and Polkadot.
OSMO is ranked #175 with a market capitalization of nearly $529 million. The current market price of the token is 0.34 USDT
The OSMO/USDT price has been on a consistent uptrend since November, 2024. The trend has broken out of the flat consolidation pattern with significant volumes. The RSI indicates an aggressive momentum in price. The next resistance is expected at 0.92 USDT and an immediate support is expected at 0.66 USDT.
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