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Optimism (OP) is on hold after ATH!
Optimism (OP), one of the pioneering projects of Layer-2, entered the accumulation process after seeing its peak.
With the promin OP ARB ence of Layer–2 Both projects entered the accumulation process after seeing their ATH. In particular, the OP, which fell to a lesser extent after the ATH test than ARB, aroused curiosity for future price movements.
The price maintains its structure steadily!
Bitcoin, which pinned to $ 40,500 with the release of fud news to the market in the past days, instantly destroyed altcoins. There have been significant changes in the short-term price structure of almost all altcoins. However, the needle thrown on the OP side took place in a healthier way than other parities. At the same time, the rapid recovery of the price gave the green light for buyers.
The OP, which is priced at $3,372 at the time of writing, may test $3,839 and make its new ATH if the Layer-2 trend continues, the ARB rises sharply, or the sector-based news turns positive. However, in a scenario where things go the other way, we can witness drops to $3,283 – 3 – 2,743 – $2,490 – $2,286 – $2,023 and $1,865, respectively. In particular, the $2,075 to $2,023 range will be decisive in the medium-long term price structure of OP.