Sherpa

Optimism

Coin

<ul class="news-points"> 
 <li><strong>The analyst explained how support and resistance can play a role in OP’s hike to $2.</strong></li> 
 <li><strong>The Stochastic RSI indicates that it could be time to sell OP as a correction to $1.60 could be impending.</strong></li> 
 <li><strong>Buyers are still in control of the market but if the 50 EMA flips the 20 EMA, the tides can change.</strong></li> 
</ul> 
<p>The rise of <a href="https://coinedition.com/tag/Optimism-op/" rel="noopener noreferrer nofollow">Optimism (OP)</a> in the last seven days may have brewed confidence in market participants considering a recent opinion by a crypto analyst. Altcoin Sherpa, the analyst in question, shared his short-term prediction for OP with his 196,300 followers.</p> 
<p>According to Altcoin Sherpa, OP is one of the stronger altcoins. Furthermore, he opined that he planned on selling for around $2 while conceding that the price could drop lower than $.1.73 before the uptrend.</p> 
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   <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24OP&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$OP</a>: I bought this one and think it looks like 1 of the stronger altcoins out there. I am planning on selling in the low $2s. 200d EMA potentially about to be flipped and significant S/R lvl. (yes, I know this is resistance and its prob better to wait but I have lower bids too) <a href="https://t.co/WWTdQlp4ZB" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/WWTdQlp4ZB</a></p>— Altcoin Sherpa (@AltcoinSherpa) <a href="https://twitter.com/AltcoinSherpa/status/1686889272010289152?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">August 2, 2023</a> 
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<p>One reason why the analyst was convinced that <a href="https://coinedition.com/optimism-op-price-prediction/" rel="noopener noreferrer nofollow">OP’s p…</a></p> 
<p>The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/optimism-ops-bounce-to-2-level-may-be-inevitable-analyst/">Optimism (OP)’s Bounce to $2 Level May Be Inevitable: Analyst</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.</p>

Optimism (OP)’s Bounce to $2 Level May Be Inevitable: Analyst

Coin Edition

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