OP Coin, also known in the market as
Optimism, has been aggressively making rounds in recent news reports. Listed on major exchange platform,
Upbit, Optimism experienced a notable price surge. Despite an observed drop to a 20-month low, OP coin rebounds and bulls eye $0.80 recovery. Market predicts a strong
bullish setup with surging open interests. The coin is yet to break completely free from lows; however, it hasn't stopped its trajectory. The coin sees a price target of $1, displaying a significant bullish setup. Optimism (OP) was further strengthened with the activation of
ASTR, becoming the first interoperable token via
Chainlink CCIP. This innovative move exhibits the potential of OP Coin as the price holds steadily above $0.60. In terms of trading pairs,
Upbit added the OP token, with KRW, BTC, and USDT, leading its surge by over 8%. Reports have highlighted a
bullish setup with the market eyeing a 2 USDT target. Various trading forecasts indicate that OP coin might undergo a possible trend change by June. The news rounds off with
Optimism forming a head-and-shoulders pattern, signaling the possibility of a future drop. Despite all the speculation and rumors, it's suggested investors should perform a careful analysis before entering the market.
OP Coin News Analytics from Tue, 31 May 2022 17:17:22 GMT to Wed, 30 Jul 2025 12:34:00 GMT -
Rating 7
- Innovation 3
- Information 5
- Rumor 5