📈LONG: $OP by planfomo (2D)
#OPUSDT | #OP | #Optimism
Current Price $1.96
Market Cap $2.20B
Change 1h -0.56% | 24h +2.52%
Analysis: This chart for $OP (Optimism) hints at a potential rally with a falling wedge pattern indicating a bullish move as the price approaches breakout. The market is currently structured within an ascending channel on the 1-2D timeframe. A breakout could signal a full send upward.
Price Targets: If the breakout occurs, we could initially see the price climbing to $5.00 and potentially reaching the main target at $10.00. Monitoring the breakout and subsequent price action will be crucial.
#OPUSDT | #OP | #Optimism
Current Price $1.96
Market Cap $2.20B
Change 1h -0.56% | 24h +2.52%
Analysis: This chart for $OP (Optimism) hints at a potential rally with a falling wedge pattern indicating a bullish move as the price approaches breakout. The market is currently structured within an ascending channel on the 1-2D timeframe. A breakout could signal a full send upward.
Price Targets: If the breakout occurs, we could initially see the price climbing to $5.00 and potentially reaching the main target at $10.00. Monitoring the breakout and subsequent price action will be crucial.
📊NEUTRAL: $OP by MonoCoinSignal (4H)
#OPUSDT | #OP | #Optimism
Current Price $1.88
Market Cap $2.11B
Change 1h +1.00% | 24h -2.34%
4-Hourly Indicators:
• RSI: 44 - Neutral 🟠
• MACD: -0 - Bearish 🔴
• EMA: 1.94 - Below 🔴
Analysis:
The trend has been strongly bearish, with the price consistently dropping below a descending trendline. However, there's a potential bullish reversal on the horizon. A break above the trendline, followed by a successful retest, could signal the start of a new upward trend.
Price Targets:
If the price breaks and retests the trendline, look for an initial target of around $2.05. Should momentum continue, the next potential targets could be $2.40 and then $2.60. Keep an eye on these levels!
#OPUSDT | #OP | #Optimism
Current Price $1.88
Market Cap $2.11B
Change 1h +1.00% | 24h -2.34%
4-Hourly Indicators:
• RSI: 44 - Neutral 🟠
• MACD: -0 - Bearish 🔴
• EMA: 1.94 - Below 🔴
Analysis:
The trend has been strongly bearish, with the price consistently dropping below a descending trendline. However, there's a potential bullish reversal on the horizon. A break above the trendline, followed by a successful retest, could signal the start of a new upward trend.
Price Targets:
If the price breaks and retests the trendline, look for an initial target of around $2.05. Should momentum continue, the next potential targets could be $2.40 and then $2.60. Keep an eye on these levels!
📈LONG: $OP by GreenCryptoTrades (1W)
#OPUSDT | #OP | #Optimism
Current Price $1.76
Market Cap $1.98B
Change 1h +0.23% | 24h -2.04%
Weekly Indicators:
• RSI: 36 - Neutral 🟠
• MACD: -0 - Bearish 🔴
• EMA: 2.62 - Below 🔴
Analysis:
OP is trading at $1.764 and has hit a strong support line at the bottom of the channel, which has held multiple times in the past. Watching closely to see if it continues to bounce or if there’s a chance for a break.
Price Targets:
If the price bounces, potential targets are $2.10, $2.80, and upper channel resistance at $6.74. A break below support may lead to $1.29.
#OPUSDT | #OP | #Optimism
Current Price $1.76
Market Cap $1.98B
Change 1h +0.23% | 24h -2.04%
Weekly Indicators:
• RSI: 36 - Neutral 🟠
• MACD: -0 - Bearish 🔴
• EMA: 2.62 - Below 🔴
Analysis:
OP is trading at $1.764 and has hit a strong support line at the bottom of the channel, which has held multiple times in the past. Watching closely to see if it continues to bounce or if there’s a chance for a break.
Price Targets:
If the price bounces, potential targets are $2.10, $2.80, and upper channel resistance at $6.74. A break below support may lead to $1.29.
📈LONG: $OP by Cryptorphic (3D)
#OPUSDT | #OP | #Optimism
Current Price $1.80
Market Cap $2.02B
Change 1h +0.36% | 24h +3.54%
Current Indicators:
• RSI: 34 - Neutral 🟠
• MACD: -0 - Bearish 🔴
• EMA: 2.12 - Below 🔴
Analysis:
The OP/USDT chart shows a well-defined channel with the price currently testing a key support level. The RSI indicates oversold conditions, suggesting a potential reversal in the offing. The 50 EMA is acting as resistance, so traders should watch for a break above this level for confirmation of the next move.
Price Targets:
Immediate support lies around $1.37, while overhead resistance is at $2.25. If bullish momentum picks up, we could see a significant run-up towards $4.58. Stay tuned for more unbiased insights on altcoins, future trades, and HTF market calls!
#OPUSDT | #OP | #Optimism
Current Price $1.80
Market Cap $2.02B
Change 1h +0.36% | 24h +3.54%
Current Indicators:
• RSI: 34 - Neutral 🟠
• MACD: -0 - Bearish 🔴
• EMA: 2.12 - Below 🔴
Analysis:
The OP/USDT chart shows a well-defined channel with the price currently testing a key support level. The RSI indicates oversold conditions, suggesting a potential reversal in the offing. The 50 EMA is acting as resistance, so traders should watch for a break above this level for confirmation of the next move.
Price Targets:
Immediate support lies around $1.37, while overhead resistance is at $2.25. If bullish momentum picks up, we could see a significant run-up towards $4.58. Stay tuned for more unbiased insights on altcoins, future trades, and HTF market calls!