Optimism (OP), the coin that lost the most value with 7.66 percent in the last 24 hours, has approached an important support zone.
OP, one of the most moving altcoins with the increase in BTC, has been in a downward trend for several days. Currently trading at $1.23, OP has fallen by nearly 8 percent in the last 24 hours, becoming the most depreciating coin of the day. In addition, the popular coin, which recently unlocked, faced a huge wave of sales. Although BTC is stable, what is the latest situation in the graph of the OP, which is melting day by day?
Optimism (OP) Chart Evaluation
Having gained upward momentum from $ 0.90, OP managed to reach $ 1.51 in a short time. However, the OP, which entered the falling trend with the announcement that he would realize a key opening, declined to $1.22. Traded at $1.23 as of the writing of the news, OP can target $1.37 – $1.51 and $1.78, respectively, if it breaks the trend.
Conditions such as BTC’s downward movements, continued selling pressure in OP could continue to shake the price. Support points to watch for the OP are $1.19 – $1.05 and $0.90 respectively. Especially if $0.90 is able to hold the price, it will have a say in the OP’s short-medium term moves.