Optimism Price Prediction As $OP Exits 200-Day Accumulation to Pursue $2.6 Target

Optimism Price Prediction As $OP Exits 200-Day Accumulation to Pursue $2.6 Target

Optimism Price Prediction: The Optimism (OP) coin has experienced a significant shift in its price dynamics over the past month. Initially trading within a range defined by two converging trendlines, this period of consolidation, while reflecting uncertainty among market participants, was revealed in the daily timeframe chart as a flag pattern. Such a pattern is typically indicative of an upcoming continuation of an uptrend. Consequently, a recent breakout from this pattern and a key resistance level suggests that the OP price is poised to ascend to higher levels.
Also Read: Bitcoin ETF: Grayscale CEO Drives Optimism For Swift Approval
Has OP Recovery Hit $2.5?
Flag pattern breakout set the OP price 25% upsurge
A bullish crossover between the 100-and-200-day could give additional confirmation for buyers
The intraday trading volume in OP is $726 Million, indicating a 405% gain.
Optimism Price Prediction| TradingView Chart
This bullish reversal pattern, identified during the recovery pha

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