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The Optimism (OP) crypto has started to improve after getting buyers back from the crucial support of $2.
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The development activity has surged, indicating a likelihood of future crypto growth.
OP seems to be stabilizing above the critical support of the $2 level, indicating early signs of a strong comeback. If investor confidence supports it, it may result in substantial growth.
The crypto has slumped below the key exponential moving averages of 50 and 200 days. Nonetheless, the dynamic resistance may act as an obstacle ahead and could halt the progress before it hits the $3 mark.
Optimism Is Building Base For Further Advancement
The possibility of Optimism retaining $3 as support is looking good as investors become more optimistic about making recent investments profitable. This positive outlook is expected to reduce the selling pressure and help the asset recover.
Moreover, the volume profile has witnessed an uptick in the last we
We współpracy z: https://www.thecoinrepublic.com/2024/04/20/optimism-crypto-hits-5-month-low-is-it-a-buy-now-opportunity/
