Token

2024

Bitcoin

Optimism

Daily

<p>The Optimism price prediction reveals that the OP price remains above the 9-day and 21-day moving averages to continue the bullish movement.</p>
<h2 id="optimism-price-could-drop-25">Optimism Price Could Drop 25%</h2>
<p>The price of Optimism has experienced significant volatility during the unlocks event, surging 94% over the past week and nearly 25% in the last day alone. This behavior aligns with the “buy-the-rumor” narrative, suggesting that a “sell-the-news” scenario might be unfolding.</p>
<h2 id="optimism-prediction-statistics-data">Optimism Prediction Statistics Data:</h2>
<ul>
 <li>Optimism price now – $3.43</li>
 <li>Optimism market cap – $3.1 billion</li>
 <li>Optimism circulating supply – 957.3 billion</li>
 <li>Optimism total supply – 4.2 billion</li>
 <li>Optimism Coinmarketcap ranking – #26</li>
</ul>
<h2 id="op-usd-market">OP/USD Market</h2>
<p>Key Levels:</p>
<p>Resistance levels: $5.0, $5.5, $6.0</p>
<p>Support levels: $2.0, $1.5, $1.0</p>
<figure id="attachment_479180" aria-describedby="caption-attachment-479180" style="width: 100%" class="wp-caption alignnone"><img decoding="async" class="wp-image-479180 size-full" src="https://insidebitcoins.com/wp-content/uploads/2024/02/OPUSD_02022024.png" alt="Optimism Price Prediction for Today, February 8 - OP/USD Technical Analysis" width="1374" height="744" srcset="https://insidebitcoins.com/wp-content/uploads/2024/02/OPUSD_02022024.png 1374w, https://insidebitcoins.com/wp-content/uploads/2024/02/OPUSD_02022024-300x162.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/02/OPUSD_02022024-1024x554.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/02/OPUSD_02022024-768x416.png 768w" sizes="(max-width: 1374px) 100vw, 1374px">
 <figcaption id="caption-attachment-479180" class="wp-caption-text">
  OPUSD – Daily Chart
 </figcaption>
</figure>
<p>OP/USD is currently exchanging hands at $3.43 as the coin consolidates within the channel. The OP price is heading toward the upper boundary of the channel. However, <a href="https://coinmarketcap.com/currencies/optimism-ethereum/" rel="noopener noreferrer nofollow">Optimism</a> will have to focus on the bullish movement to guide against the downward pressure while the closest support expects the coin at $2.0, which could be the daily low.</p>
<h2 id="optimism-price-prediction-the-optimism-may-move-upward">Optimism Price Prediction: The Optimism May Move Upward</h2>
<p>The Optimism price stays above the 9-day and 21-day moving averages because any bearish movement to the south may bring the coin to the support levels of $2.0, $1.5, and $1.0. However, OP/USD is trading at $3.43 and still trading above the moving averages. On the upside, a sustained move toward the upper boundary of the channel could create more strength for the bulls with the focus on moving the market to the next resistance levels of $5.0, $5.5, and $6.0 respectively.</p>
<p>At the moment, the 9-day moving average is likely to cross above the 21-day moving average, which indicates that the market may face the upside. Looking at the daily chart, there may be a need for support to be formed around $3.2 to provide tight protection which could allow the buyers to concentrate on stirring action to the north.</p>
<h2 id="op-btc-consolidates-above-the-moving-averages">OP/BTC Consolidates Above the Moving Averages</h2>
<p>Against Bitcoin, the <a href="https://insidebitcoins.com/news/optimism-price-prediction-op-soars-39-as-this-bitcoin-cloud-mining-innovator-surges-towards-6-million" rel="noopener noreferrer nofollow">Optimism</a> price is hovering above the 9-day and 21-day moving averages as the sellers aim to bring the price to the downside which could fall toward the lower boundary of the channel, while the 9-day MA remains below the 21-day MA.</p>
<figure id="attachment_479179" aria-describedby="caption-attachment-479179" style="width: 100%" class="wp-caption alignnone"><img decoding="async" class="wp-image-479179 size-full" src="https://insidebitcoins.com/wp-content/uploads/2024/02/OPBTC_02022024.png" alt="Optimism Price Prediction for Today, February 8 - OP/USD Technical Analysis" width="1374" height="744" srcset="https://insidebitcoins.com/wp-content/uploads/2024/02/OPBTC_02022024.png 1374w, https://insidebitcoins.com/wp-content/uploads/2024/02/OPBTC_02022024-300x162.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/02/OPBTC_02022024-1024x554.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/02/OPBTC_02022024-768x416.png 768w" sizes="(max-width: 1374px) 100vw, 1374px">
 <figcaption id="caption-attachment-479179" class="wp-caption-text">
  OPBTC – Daily Chart
 </figcaption>
</figure>
<p>However, if the bulls succeeded in breaking toward the upper boundary of the channel, the OP price may likely hit the potential resistance level at 1000 SAT and above. On the contrary, any bearish movement below the lower boundary of the channel could bring the price to the support level of 500 SAT and below.</p>
<p>On his X account, Crypto Rover shared with his 670k followers that Optimism (OP) ranks among his top #Altcoin holdings. He believes they currently sit at a solid support level poised for further upward movement. Should a breakdown occur, he notes the next support level at $1.9. However, <span class="css-1qaijid r-bcqeeo r-qvutc0 r-poiln3">@rovercrc</span> is optimistic about Optimism’s potential, foreseeing a 30x increase in the next bull run from its current position.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24OP&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$OP</a></p>
 <p>This is one of my top <a href="https://twitter.com/hashtag/Altcoin?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Altcoin</a> holds.</p>
 <p>I think we are at a good support level for another move-up.</p>
 <p>If we see a breakdown, the next support is $1.9</p>
 <p>But I believe Optimism has the potential to do a 30x in the next bull run from here. <a href="https://t.co/qypzKYyoQa" rel="noopener noreferrer nofollow">https://t.co/qypzKYyoQa</a> <a href="https://t.co/es9Ef91irx" rel="noopener noreferrer nofollow">pic.twitter.com/es9Ef91irx</a></p>
 <p>— Crypto Rover (@rovercrc) <a href="https://twitter.com/rovercrc/status/1751966424577581525?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">January 29, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<h2 id="optimism-alternatives">Optimism Alternatives</h2>
<p>The Optimism (OP) price is approaching the upper boundary of the channel, signaling potential bullish momentum. However, traders anticipate a bullish continuation if the trend persists. Meanwhile, the 9-day moving average nearing a crossover above the 21-day moving average indicates the emergence of another resistance level.</p>
<p>Despite the Optimism (OP) established position as the 26th-ranked cryptocurrency with a market cap of $3.1 billion, the up-and-coming <a href="https://insidebitcoins.com/visit/bitcoinminetrix" rel="noopener noreferrer nofollow">Bitcoin Minetrix ($BTCMTX)</a> token, with over $10.5 million in its presale stage, presents investors with a promising growth opportunity. Opting for $BTCMTX investment could lead to higher returns given its early-stage growth trajectory.</p>
<p>$10M Milestone Reached: Bitcoin Minetrix ICO Emerges as Top Contender for 10X Growth!</p>
<p><iframe title="Bitcoin Minetrix ICO Hits $10M - Next 10X Potential Crypto?!" width="640" height="360" src="https://www.youtube.com/embed/Q3LtZHfZN_w?start=1&amp;feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen></iframe></p>
<p>Investors, seize the opportunity with the Bitcoin Minetrix ($BTCMTX) token! With a staggering $10.5 million raised during its presale phase, $BTCMTX presents a lucrative avenue for growth. Investing in $BTCMTX now could pave the way for significant returns, riding on its promising early-stage trajectory. Don’t miss out on the chance to be part of this dynamic journey towards financial success!</p>
<p>You can benefit from&nbsp;<a href="https://insidebitcoins.com/visit/bitcoinminetrix" rel="noopener noreferrer nofollow">Bitcoin Minetrix</a>&nbsp;today.</p>
<p>Related News</p>
<ul>
 <li><a href="https://insidebitcoins.com/news/optimism-op-price-perspective-will-op-emerge-as-a-front-runner-in-the-scaling-race" rel="noopener noreferrer nofollow">Optimism (OP) Price Perspective: Will OP Emerge as a Front-Runner in the Scaling Race?</a></li>
 <li><a href="https://insidebitcoins.com/news/top-altcoin-defines-the-next-frontier-in-cloud-mining-how-does-btcmtx-mining-work" rel="noopener noreferrer nofollow">Top Altcoin Defines The Next Frontier In Cloud Mining – How Does $BTCMTX Mining Work</a></li>
</ul>
<div class="inContentProviderSingle inContentColor--insidebitcoins fc-row">
 <div class="inContentProviderSingle--wrapper">
  <div class="container">
   <div class="row mb-lg-3">
    <div class="col-12 col-md-8">
     <p class="inContentProviderSingle--title">New Crypto Mining Platform - Bitcoin Minetrix</p>
    </div>
    <div class="col-12 col-md-4">
     <div class="inContentProviderSingle--rating">
      <div class="rating--holder">
       <p class="rating--text">Rating</p>
       <div class="rating--star-container">
        <div class="rating--star" style="width: 100%;"></div>
       </div>
      </div>
     </div>
    </div>
   </div>
   <div class="row">
    <div class="col-12 col-md-12 text-center d-block d-sm-block d-md-none d-lg-none"><img decoding="async" class="inContentProviderSingle--img mb-3" src="https://insidebitcoins.com/wp-content/uploads/2023/09/bitcoin-minetrix.svg" alt="Bitcoin Minetrix" width="125" height="60">
    </div>
    <div class="col-12 col-md-8">
     <ul class="inContentProviderSingle--list">
      <li>Audited By Coinsult</li>
      <li>Decentralized, Secure Cloud Mining</li>
      <li>Earn Free Bitcoin Daily</li>
      <li>Native Token On Presale Now - BTCMTX</li>
      <li>Staking Rewards - Over 50% APY</li>
     </ul>
    </div> 
    <div class="col-12 col-md-4 d-none d-sm-none d-md-block d-lg-block"><img decoding="async" class="inContentProviderSingle--img float-right" src="https://insidebitcoins.com/wp-content/uploads/2023/09/bitcoin-minetrix.svg" alt="Bitcoin Minetrix" width="125" height="60">
    </div>
   </div>
   <div class="row">
    <div class="col-12 text-center">
     <div class="inContentProviderSingle--button"><a href="https://insidebitcoins.com/visit/bitcoinminetrix" title="Start Trading" rel="noopener noreferrer nofollow">Learn More</a>
     </div>
     <div class="inContentProviderSingle--disclaimerText">
     </div>
    </div>
   </div>
  </div>
 </div>
</div>

Optimism Price Prediction for Today, February 8 – OP/USD Technical Analysis

목차

Inside Bitcoins

2024년 2월 8일에 게재된 다른 기사

Kelexo (KLXO) Shows Signs of Becoming Best Crypto Presale of 2024 Over Polkadot (DOT) and Tron (TRX)

Bitcoin Nears $45,000 Level In Historic Price Surge Following Spot ETF Debut

From Bonk to Boom: The Rise of a New A.I. Altcoin Powerhouse

Ethereum Crypto: Can ETH Price Jump Above The Supply Zone?

Solana Price Prediction: SOL Price Crosses $100, Ready For 50% Hike

Dymension (DYM) Mainnet Launches With Explosive Price Action

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!