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- 📢 #Gate Square Writing Contest Phase 3# is officially kicks off!
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- 🎉 [Gate 30 Million Milestone] Share Your Gate Moment & Win Exclusive Gifts!
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👉
Selling Pressure Continues on Optimism (OP) 🤪
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 $1,236, OP has fallen close to 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, it is losing value day by day.😪
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 it will perform a key opening, declined to $1.22.
Traded at $1.2376 at 22.22 as of writing, OP can target $1.37 – $1.51 and $1.78, respectively, if he breaks the trend.
In cases such as BTC's downward movements, continued selling pressure in OP, the support points that should be followed for OP are respectively 👎
$1.19 – $1.05 and $0.90. Especially if $0.90 can hold the price, it will have a say in the OP's short-medium term moves.
I won't miss the opportunity of $ 0.90 for OP, which is among my favorite altcoins that I keep in the basket for the bull season!
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