1
OP price chart shows the breakdown of a rising wedge formation.
2
Buyers are struggling to cross the 20-day EMA mark, but failed rejection.
The OP price (Optimism) token trades near the 20-day EMA mark and retraced in the last few sessions. However, the token is still holding the gains above the support zone of $3 and could rebound soon. Until the upside of $4.30 is not crossed, selling pressure may continue to be witnessed and the token could also face a selloff. Conversely, until the downside support of $2.90 is not breached, buy-on-dips structure remains valid and the token would hover in range.
At press time, the Optimism token (OP) price was trading at $3.66 with an intraday drop of 1.38%, reflecting neutrality on the charts. It has a monthly return ratio of 1.90% and 65.49% on a yearly basis. The pair of OP/BTC is at 0.0000552 BTC, and the market cap is $784.95 Million. Analysts are neutral and suggest that OP price may face range bo
We współpracy z: https://www.thecoinrepublic.com/2024/03/29/op-price-slips-below-trendline-support-can-op-retest-3-mark/
