Ethereum

Greed

Optimism

Coin

<ul class="news-points"> 
 <li>Optimism captures crypto traders’ attention with a 5.95% price surge, trading at $1.60.</li> 
 <li>Coincodex predicts a 3.5% price decline to $1.450433 by August 3.</li> 
 <li>Long-term forecasts reveal a potential $6.41 by 2025&nbsp; for OP, indicating a 301% gain.</li> 
</ul> 
Market data shows <a href="https://coinedition.com/tag/optimism-op/" rel="noopener noreferrer nofollow">Optimism (OP)</a>, a prominent layer two scaling solution for the Ethereum blockchain, has been capturing the attention of crypto traders, with a more significant bullish trend in sight. 
In the last 24 hours, CoinMarkeCap data shows that crypto <a href="https://coinedition.com/optimism-op-coin-skyrockets-following-bedrock-upgrade-announcement/" rel="noopener noreferrer nofollow">traders bought and sold</a> over $88 million worth of OP. This figure is particularly significant as it represents a 27.45% increase from the value obtainable in the last 24 hours, putting its price at $1.60, up by an impressive 5.95%. 
<h2 class="wp-block-heading" id="h-optimism-price-analysis">Optimism Price Analysis</h2> 
Meanwhile, according to a recent report from Coincodex, the price of Optimism (OP) is expected to decline 3.5% to $1.450433 by August 3. Its technical indicators suggest that the current market sentiment is neutral, with the Fear &amp; Greed Index standing at 52, also indicating a neutral position. 
One of the critical indicators considered in the analysis was the Relative Strength Index (RSI), a momentum oscillato… 
The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/optimism-op-price-analysis-data-shows-feasible-300-surge-to-6-41/">Optimism (OP) Price Analysis: Data Shows Feasible 300% Surge to $6.41</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.

Optimism (OP) Price Analysis: Data Shows Feasible 300% Surge to $6.41

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