Ethereum

Arbitrum

Sherpa

Optimism

Coin

<ul class="news-points"> 
 <li>ARB and OP may be ready for an upward run, an analyst opined.</li> 
 <li>ARB was overbought but an entry around $1.10 could be perfect before another increase.</li> 
 <li>OP may eye $4 as upward momentum continues to rise.</li> 
</ul> 
According to Altcoin Sherpa, an analyst on X, the duo of <a href="https://coinedition.com/arb-bulls-defy-bearish-pressure-will-the-rally-break-resistance/">Arbitrum (ARB)</a> and <a href="https://coinedition.com/analyst-unveils-optimism-op-strategy-after-recent-hike/">Optimism (OP)</a> are in pole position to experience exponential growth. Sherpa, in his post, opined that there could be a rotation of profit from other coins into <a href="https://coinedition.com/ethereum-will-outperform-bitcoin-in-next-bull-market-says-analyst/">Ethereum (ETH)</a> and tokens linked to the blockchain which includes OP and ARB. 
As a result, he told his 202,100 followers to look for entries for ARB and OP around $1.38 and $3.30 respectively. 
<figure class="wp-block-embed aligncenter is-type-rich is-provider-twitter wp-block-embed-twitter">
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 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 You dont want to fade this price action. Time to do the old rotation to <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$ETH</a>. Want to buy <a href="https://twitter.com/search?q=%24ARB&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$ARB</a> or <a href="https://twitter.com/search?q=%24OP&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$OP</a> on a dip. OP entry: $3.30 ARB: $1.38 <a href="https://t.co/E1rPHrnW1p" target="_blank" rel="nofollow">pic.twitter.com/E1rPHrnW1p</a>— Altcoin Sherpa (@AltcoinSherpa) <a href="https://twitter.com/AltcoinSherpa/status/1738341689494777969?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">December 22, 2023</a>
 </blockquote>
 <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
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</figure> 
For a while, both tokens failed to make big moves. During that time, some market players opined that the inability to grow was because of ETH’s restriction to trading between $1,800 and $2,100. 
However, the last 24 hours have been incredible for OP and ARB. Acco…
The post <a href="https://coinedition.com/arbitrum-arb-and-optimism-op-are-ready-to-run-analyst/">Arbitrum (ARB) and Optimism (OP) Are Ready to Run: Analyst</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Arbitrum (ARB) and Optimism (OP) Are Ready to Run: Analyst

Coin Edition

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