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You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/bitcoin-and-altcoins-show-positive-signs-as-investors-awaken/" data-wpel-link="internal">Bitcoin and Altcoins Show Positive Signs as Investors Awaken</a> 
<a href="https://coin-turk.com/bitcoinde-btc-fiyata-etkili-senaryolar-btcde-kritik-seviyeler" data-wpel-link="internal">Bitcoin</a> and altcoins generally started the day on a positive note, with prices climbing as Asian investors wake up. If BlackRock (IBIT) sees a net inflow of over $31.3 million in the next few hours, the outflow streak that began on March 18 could end. This could trigger a rise across altcoins. 
<h2 style="text-align: justify" id="op-coin-commentary">OP Coin Commentary</h2> 
As this article is being prepared, the OP Coin price is lingering around $3.8 and continues to be in the green for the day. <a href="https://en.coin-turk.com/bitcoin-price-surges-above-41000-altcoins-gain-as-etf-approval-fuels-market/" data-wpel-link="internal">Bitcoin</a> is at $70,200, and markets are currently green with the expectation that the ETF outflow streak will end. OP Coin’s price had increased by nearly 10% on March 25, which is not satisfying for investors. 
The MVRV ratio is above 10%, yet we cannot talk about the start of high-volume sales. This reflects investors’ expectations for the continuation of the rise. In previous periods, investor profitability between 3% and 9% had led to rapid sales. 
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-333140 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/03/MVRV-OP-Coin.webp" alt="" width="1536" height="520"> 
The most significant barrier to an upward target is the 95 million OP Coins purchased in the price range of $3.87 to $4.85. If investors can maintain the asset, valued at $361 million, profitably during the rally, new peaks are possible with a <a href="https://coin-turk.com/bitcoinde-btc-uzman-gorusu-fiyatlamada-bu-seviye-kritik" data-wpel-link="internal">BTC</a> price increase. 
<h2 style="text-align: justify" id="op-coin-price-prediction">OP Coin Price Prediction</h2> 
Besides the optimistic scenario mentioned in the first section, there is also a possibility of a downturn. If <a href="https://en.coin-turk.com/bitcoin-price-surges-above-41000-altcoins-gain-as-etf-approval-fuels-market/" data-wpel-link="internal">BTC</a> does not gain momentum as expected in the coming hours, OP Coin’s price could fall to $3.4. In a scenario where sales accelerate, dips to $3.2 would also be considered reasonable. 
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-333141 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/03/OP-Coin-Tahmin.png" alt="" width="1917" height="801"> 
One of the most motivating details for those expecting a rise is the golden cross observed in the 4-hour chart. As we’ve known for years, this pattern is recognized as a harbinger of major rallies. A golden cross occurs when the 50-day Exponential Moving Average (EMA) crosses above the 200-day EMA. 
The last time a golden cross was observed, the price of Optimism had increased by approximately 20%. If a similar move occurs this time, the price moving towards $4.5 could turn $4 into support. Since it’s been seen for the first time in two months, the optimistic scenario might deserve a bit more chance. And of course, no one can see the future, so investors should make their own assessments and form their strategies. 
<h5>The post first appeared on COINTURK NEWS: <a href="https://en.coin-turk.com/bitcoin-and-altcoins-show-positive-signs-as-investors-awaken/" data-wpel-link="internal">Bitcoin and Altcoins Show Positive Signs as Investors Awaken</a></h5>

Bitcoin and Altcoins Show Positive Signs as Investors Awaken

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