Volatility is increasing in Optimism (OP), which has increased by more than 15 percent, accompanied by Bitcoin (BTC) climbing to 37 thousand dollars.
BTC, which reached up to $ 35,500 due to the impact of the news, shook the altcoin market. Although a decrease of nearly 15 percent was observed in the overall market, BTC again exceeded $ 37,000, giving confidence to the market. One of the coins that survived this process best was Optimism (OP). OP, which increased by 15.15 percent in the last day and tested $ 1.80, seems to be eyeing the highs.
Expectations are high because he hasn’t experienced his bull yet!
Optimism, one of the fresh projects of the Layer-2 area, pleases its investors with its recent price movements. Among the coins that have not yet signed a bull run, OP is on the radar of the majority of crypto investors. Therefore, the technical structure of the popular coin, which keeps expectations high, is becoming increasingly important.
With BTC in a relatively safe area, OP, based on the $1.80 band, will want to target $2,050 when it exceeds $1,827. If this decisive zone is exceeded, a rise towards 2.286 and $2.50 will be possible. Situations such as Tier-2s falling into the background, BTC pricing negatively, or OP remaining below $1,768 will weaken the pair. In such a scenario, there may be a retreat to 1.66 – 1.601 – 1.50 – 1.377 and 1.309 dollars respectively.