Satoshi

Optimism

The Graph

Rekt

<p>In the latest edition of his newsletter, popular crypto analyst Rekt Capital highlighted that The Graph (GRT) and Optimism (OP) cryptocurrencies are facing crucial price levels that will determine their next major directional moves. Readers should reference the charts closely to understand the use of colors in the descriptions below, which are based on Rekt Capital’s technical analysis.</p>
<h2 class="wp-block-heading" id="the-graph-grt-at-a-pivotal-range-midpoint">The Graph (GRT) at a Pivotal Range Midpoint</h2>
<p>According to Rekt Capital, GRT has been trading within a red-red macro range between $0.15 and $0.37 throughout 2024. After breaking out from an ascending triangle pattern in November 2023, GRT rallied an impressive 226% from the range low to reach the blue resistance at $0.46 before entering a downtrend.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="723" src="https://captainaltcoin.com/wp-content/uploads/2024/05/unnamed-1024x723.png" alt="" class="wp-image-486188" srcset="https://captainaltcoin.com/wp-content/uploads/2024/05/unnamed-1024x723.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/05/unnamed-300x212.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/05/unnamed-767x541.png 767w, https://captainaltcoin.com/wp-content/uploads/2024/05/unnamed-1536x1084.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/05/unnamed-2048x1445.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/05/unnamed-213x150.png 213w, https://captainaltcoin.com/wp-content/uploads/2024/05/unnamed-100x71.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/05/unnamed-496x350.png 496w, https://captainaltcoin.com/wp-content/uploads/2024/05/unnamed-788x556.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/05/unnamed.png 1794w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<p>Currently, GRT is situated around $0.23, which represents the midpoint (black) of its red-red range. This level will be critical in determining whether GRT continues to occupy the upper half of the range, potentially rallying towards $0.34, or if it breaks down into the lower half, risking a dip to $0.15.</p>
<p>As long as the midpoint around $0.23 holds as support, Rekt Capital suggests there is scope for consolidation within the upper half of the range. However, if this level flips into resistance, GRT could revisit the range low over time around $0.15. For now, the upper half of the range remains intact until further notice.</p>
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0"><i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   New Meme Coin to Watch Aiming to be Next $BONK, $WIF or $MEW
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style>
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px">
    <p><strong><a href="https://mileimoneda.io/?utm_source=marketing&amp;utm_medium=inarticle&amp;utm_campaign=cap&amp;utm_id=s1" target="_blank" rel="noopener noreferrer nofollow">Milei Moneda</a></strong> is a new meme coin inspired by the political and economic views of Javier Milei, an Argentine president&nbsp;known for his libertarian and pro-Bitcoin stance. You have an opportunity with the <strong><a href="https://mileimoneda.io/?utm_source=marketing&amp;utm_medium=inarticle&amp;utm_campaign=cap&amp;utm_id=s1" target="_blank" rel="noopener noreferrer nofollow">ongoing low presale price</a></strong> to get in early!</p>
    <p><em>Sponsored</em></p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div>
 </div>
</div>
<p><em><strong>Read Also: <a href="https://captainaltcoin.com/top-analyst-reveals-leading-cryptocurrency-gainers-in-non-empty-wallet-growth-toncoin-ton-and-dogecoin-doge-take-the-lead/" target="_blank" rel="noopener noreferrer nofollow">Top Analyst Reveals Leading Cryptocurrency Gainers in Non-Empty Wallet Growth: Toncoin (TON) and Dogecoin (DOGE) Take the Lead</a></strong></em></p>
<h2 class="wp-block-heading" id="optimism-op-aims-to-reclaim-key-range-level">Optimism (OP) Aims to Reclaim Key Range Level</h2>
<p>Optimism’s OP token is currently located within a red-red macro range between $1.91 and $3.70. The orange box around $3 represents the midpoint of this range. According to Rekt Capital, a reclaim of this orange area as support would mean that OP is ready to enter the upper half of the macro range, occupying the space highlighted by the black arrow.</p>
<p>To confirm a reclaim of the orange area, OP would need to perform a Weekly Close above it, followed by a retest, similar to previous instances at the red Range Low (green circles). However, a Weekly Close below the orange box could position OP for rejection into the lower half of the range, with a chance of dipping to around $2.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="723" src="https://captainaltcoin.com/wp-content/uploads/2024/05/unnamed-1-1024x723.png" alt="" class="wp-image-486196" srcset="https://captainaltcoin.com/wp-content/uploads/2024/05/unnamed-1-1024x723.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/05/unnamed-1-300x212.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/05/unnamed-1-767x541.png 767w, https://captainaltcoin.com/wp-content/uploads/2024/05/unnamed-1-1536x1084.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/05/unnamed-1-2048x1445.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/05/unnamed-1-213x150.png 213w, https://captainaltcoin.com/wp-content/uploads/2024/05/unnamed-1-100x71.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/05/unnamed-1-496x350.png 496w, https://captainaltcoin.com/wp-content/uploads/2024/05/unnamed-1-788x556.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/05/unnamed-1.png 1794w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<p>At the moment, the orange area around $3 is acting as resistance, making the upcoming Weekly Close quite crucial for OP’s near-term trajectory.</p>
<p>Both GRT and OP are facing key technical levels that could potentially trigger significant price movements in either direction. Crypto traders and investors will closely monitor these levels in the coming days and weeks.</p>
<p><em><strong>Hunting for a small cap coin that could explode 10x? We’ve unveiled a few last week alone.<br>Get all our future calls by joining our <a href="https://t.me/captainaltcoincom" target="_blank" rel="noopener noreferrer nofollow">FREE Telegram community.</a></strong></em></p>
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style="">
 <div class="col_wrap_two mb0">
  <div class="offerbox_big_wrap flowhidden">
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/REBEL-SATOSHI-RECQ-MEME-COIN-qndahijqjwle5mml7gg8my30uqig0eo11vxmtat25a.png" width="500" alt="Check $RECQ Meme Coin" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a>
   </div>
   <div class="product-summary col_item mobileblockdisplay">
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-ll_bottom-target-_blank-rel-noopener-noreferrer-nofollow-span-check-recq-meme-coin-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <span>Check $RECQ Meme Coin</span> </a></h3>
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20">
     Sponsored: Invest Responsibly, Do Your Own Research.
    </div>
    <div class="buttons_col mb25 rh_big_btn_inline">
     <div class="priced_block clearfix">
      <div><a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> Buy RECQ Today </a>
      </div>
     </div>
    </div>
    <div class="bigofferdesc"><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Serves as the base currency for all transactions within the Rebel Satoshi platform <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>ICO stage, offering tokens at a discounted price <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Facilitates a smooth and efficient economy within the arcade, supporting both arcade and in-game transactions. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Grants access to a diverse range of gaming experiences in the Rebel Satoshi Arcade, <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Contributes to a decentralized, community-driven RebelSatoshi platform that integrates gaming with elements of revolution, freedom, and unity, appealing to users who value such principles.
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post <a href="https://captainaltcoin.com/the-graph-grt-and-optimism-op-crypto-prices-face-critical-make-or-break-points-these-key-levels-will-determine-the-next-price-direction/" rel="noopener noreferrer nofollow">The Graph (GRT) and Optimism (OP) Cryptos Face Critical Make or Break Points: These Key Levels Will Determine Their Next Price Directions</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

The Graph (GRT) and Optimism (OP) Cryptos Face Critical Make or Break Points: These Key Levels Will Determine Their Next Price Directions

Inhaltsverzeichnis

CaptainAltcoin

Weitere Artikel, die am 4. Mai 2024 veröffentlicht wurden

Is A Correction Imminent On BONK And PEPE? Investors Move To New Presale Memecoin For 100x Gains

Dogecoin (DOGE) Bulls Nervous as Experts Warn of Competitor Threatening Market Dominance

Shiba Inu Surges Past $0.000025 with Strong Bullish Momentum

Explaining Toncoin’s [TON] 2x hike – Telegram, USDT, and Pantera

BREAKING: A Data Breach Allegedly Occurred on Bitfinex – 2.5 TB of Data and 400 Thousand Users’ D...

Charles Hoskinson Responds to Michael Saylor’s Cardano (ADA) Diss

Abonniere unseren kostenlosen Newsletter und erhalte tägliche Krypto-Updates!