See original
web3-史密斯
--
OP Expected to Break Through $2.60: Whale Involvement Boosts Upward Momentum
Tap the avatar to watch live and chat!
As the market regains upward momentum, the price of OP may see a surge. Recent large investor accumulation and the golden cross pattern in technical charts suggest that OP is poised to break through $2.60.
Strong Recovery Momentum for OP
Despite struggling after a 22.34% drop, OP has begun to rebound recently. Over the past week, OP has steadily increased by 7.92%, with an intraday increase of 1.70%. With active market buying, especially from large investors entering the market, OP could experience significant gains.
Involvement of Large Investors
In the past 24 hours, there have been large transactions in OP, leading to a price increase. Data shows that large investors purchased 277.17 million OP worth $501.62 million, indicating strong buying support.
Additionally, the average transaction size has significantly increased, reaching its highest level since November 4, further boosting bullish market sentiment.
Target Price: $2.60
Technical charts indicate a bullish trend, with OP trading in an accumulation pattern and forming a golden cross, which typically signals an upward movement. If a breakout occurs, OP could rise by 36.98%, targeting a price of $2.616.
MACD Supports Upward Movement
The MACD indicator shows bullish signals. The blue MACD line has crossed above the orange signal line and is approaching the zero axis, indicating that the price may enter positive territory, further driving upward movement.
Positive Sentiment in the Derivatives Market
Interest in OP in the derivatives market has increased, with a funding rate of 0.00132%, indicating that bullish sentiment dominates, contributing to sustained price increases.
Summary
The accumulation by large investors, technical chart patterns, and positive sentiment in the derivatives market suggest that the price of OP is likely to break through $2.60. If market sentiment remains optimistic, OP could see significant upward movement.
Tap the avatar to watch live and chat!
Tap the avatar to watch live and chat!
As the market regains upward momentum, the price of OP may see a surge. Recent large investor accumulation and the golden cross pattern in technical charts suggest that OP is poised to break through $2.60.
Strong Recovery Momentum for OP
Despite struggling after a 22.34% drop, OP has begun to rebound recently. Over the past week, OP has steadily increased by 7.92%, with an intraday increase of 1.70%. With active market buying, especially from large investors entering the market, OP could experience significant gains.
Involvement of Large Investors
In the past 24 hours, there have been large transactions in OP, leading to a price increase. Data shows that large investors purchased 277.17 million OP worth $501.62 million, indicating strong buying support.
Additionally, the average transaction size has significantly increased, reaching its highest level since November 4, further boosting bullish market sentiment.
Target Price: $2.60
Technical charts indicate a bullish trend, with OP trading in an accumulation pattern and forming a golden cross, which typically signals an upward movement. If a breakout occurs, OP could rise by 36.98%, targeting a price of $2.616.
MACD Supports Upward Movement
The MACD indicator shows bullish signals. The blue MACD line has crossed above the orange signal line and is approaching the zero axis, indicating that the price may enter positive territory, further driving upward movement.
Positive Sentiment in the Derivatives Market
Interest in OP in the derivatives market has increased, with a funding rate of 0.00132%, indicating that bullish sentiment dominates, contributing to sustained price increases.
Summary
The accumulation by large investors, technical chart patterns, and positive sentiment in the derivatives market suggest that the price of OP is likely to break through $2.60. If market sentiment remains optimistic, OP could see significant upward movement.
Tap the avatar to watch live and chat!
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
207
0
Replies 0