Optimism (OP) is experiencing a surge in whale activity and transaction counts, with a 58% increase in large transactions totaling $766 million. This activity has raised speculation about whether OP can surpass its key resistance level of $1.96. Positive signs, such as growing interest in the cryptocurrency and increased social media buzz, suggest that OP may soon see a breakthrough. If OP manages to break through the resistance level, it could lead to a new uptrend and attract more investors, creating a positive cycle of growth.
- Content Editor ( cryptonewsland.com )
- 2024-10-27
Analyzing Optimism’s Short-Term Target: Can OP Reach $1.96 Soon?