🚀 OP/USDT Technical Analysis and Price Targets 🎯

The OP/USDT pair is currently trading at $1.87, reflecting a slight decline of 1.63%. With a 24h high of $1.923 and a low of $1.830, the market is exhibiting a range-bound behavior, making it crucial to identify key support and resistance levels.
$OP
Key Technical Levels:

1. Target 1: $1.94
This level acts as the upper resistance, where selling pressure could increase. A break above this level may indicate a bullish reversal.

2. Target 2: $1.83
This price point serves as immediate support. A bounce from this level could provide a buying opportunity for traders looking for a short-term rebound.

3. Target 3: $1.65
If bearish momentum persists and the price breaks below $1.83, this level is crucial for long-term investors. It represents a significant support zone that could attract buyers if reached.

Market Indicators:

SAR Indicator: Currently at 1.659, suggesting a cautious outlook as the price approaches this level.

Trading Volume: The 24h trading volume stands at 8.12M OP and 15.29M USDT, indicating active market participation.

Conclusion:

Keep an eye on these target levels as they can dictate the next moves for OP/USDT. Staying updated with market trends and volume fluctuations will be key in navigating this volatile landscape.

#FTXSolanaRedemption #opengift #BTCReboundsAfterFOMC #NeiroOnBinance #FTXSolanaRedemption

🚨 $OP /USDT Analysis Update 🚨

The price of OP is currently hovering around $1.451. We've identified key resistance at $1.460 and solid support at $1.440. If the price breaks above $1.460, it could signal a strong buying opportunity, with targets at $1.475, $1.490, and $1.505. On the flip side, a drop below $1.440 might open up a short trade opportunity, with targets set at $1.425, $1.410, and $1.395.

Both scenarios offer tight entry points, making it crucial to act quickly. Stay sharp and make your move with precision! 🎯 #opengift #CryptoMarketMoves #BinanceBlockchainWeek #BlackRockETHOptions

👀👀Nvidia hits $3 trillion market cap on back of AI boom 🚀

Nvidia surpassed $3 trillion in market cap during intraday trading on Wednesday as investors continue to clamor for the company making most of the chips powering the AI boom.

Apple was the first U.S. company to reach a $3 trillion market cap in January 2022.

Microsoft hit $3 trillion in market value in January 2024.

Nvidia shares are up more than 3,224% over the past five years.

Nvidia shares closed up 5% to $1,224.40 on Wednesday, giving the company a market cap above $3 trillion for the first time as investors continue to clamor for a piece of the company at the heart of the boom in generative artificial intelligence.

Nvidia also passed Apple to become the second-largest public company behind Microsoft.

Nvidia’s milestone is the latest stunning mark in a run that has seen the stock soar more than 3,224% over the past five years. The company will split its stock 10-for-1 later this month.

Apple was the first U.S. company to reach a $3 trillion market cap during intraday trading in January 2022. Microsoft hit $3 trillion in market value in January 2024. Nvidia, which was founded in 1993, passed the $2 trillion valuation in February, and it only took roughly three months from there for it to pass $3 trillion.

In May, Nvidia reported first-quarter earnings that showed demand for the company’s pricey and powerful graphics processing units, or GPUs, showed no sign of a slowdown. Nvidia reported overall sales of $26 billion, more than triple what it generated a year ago. Nvidia also beat Wall Street expectations for sales and earnings and said it would report revenue of about $28 billion in the current quarter.

Nvidia’s surge in recent years has been powered by the tech industry’s need for its chips, which are used to develop and deploy big AI models such as the one at the heart of OpenAI’s ChatGPT.

Companies such as Google, Microsoft, Meta, Amazon and OpenAI are buying billions of dollars worth of Nvidia’s GPUs.

#chatgpt #NVIDIAConference #opengift #BnbAth