Optimism Crypto Price Prediction 2022 - Best Crypto to Buy Now?
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Optimism crypto has increased by over 10% in price in the last 24 hours and has pumped the price back over $1.00.
If the bulls are able to maintain positive price momentum we could see Optimism crypto rise up to $1.40 in the next few weeks.
Will Optimism (OP) crypto continue to pump?
Over the last few weeks Optimism (OP) crypto has astoundingly been producing higher lows and greater bullish momentum.
It was only this October the price of Optimism came down to roughly $0.61 and today the price is already trading at $1.04.
With more positive price action we could see Optimism pump up to around $1.42 over the next few weeks which is a key resistance and most likely a strong take profit zone for buyers at this particular level.
The chart above reflects that Optimism (OP) crypto is now back in the inception of an uptrend where we could potentially see highs of $1.42 retested soon.
Though, it is worth noting that this bullish momentum has forced the relative strength index into an overbought territory where a short-term correction might be necessary.
Zooming in to the price charts for Optimism we can also see that the price is beginning to forge a potential bull pennant.
Typically this pattern is a bullish continuation pattern where traders would speculate a further increase in price from current levels.
The technical target for the breakout by using the flagpole of this pattern could increase the price of Optimism by 7.28% up to roughly $1.13.
According to Coinmarketcap Optimism has a market capital of $245 million and 234,748,364 coins in circulation.
A crypto like Optimism that has not
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