When will OP make the expected rise 🤔👇
Currently, Optimism (OP) is trading at around $1.65 and has been trending down recently. However, there is a possibility of a recovery in the short term.
OP is expected to reach $1.73 in the coming week, and the resistance levels between $1.75 and $1.80 are important points to watch for a possible rise. If you are thinking of entering, waiting for a break above these resistance levels may be strategic.
In the longer term, OP is expected to rise to $2.97 by the end of 2024. However, in the short term, market sentiment is cautious and the "Fear & Greed" index is on the fear side, which may negatively affect performance in the short term.
Watching these levels and general market movements will support your investment decisions.