Optimism Faces Decisive Test at USD 1.90 – Analyst Predicts ATH in January
Analyst predicts ATH for January at $1.90
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- OP’s resistance of $1.80-1.90, if broken, could trigger a move to $2.50.
- On-chain data shows an increase in new addresses and net outflows of $1.47 million, suggesting continued bullish accumulation.
Optimism [OP]
has recently faced challenges at a crucial resistance level between $1.80 and $1.90, which serves as an essential breakout point. OP attempted to breach this area but was unsuccessful, resulting in a decline exceeding 20% over recent days.
>“OP has tested crucial resistance but has faced a more than 20% drop recently.”
pAt press time, OP is trading at
$1.; with a 24-hour trading volume reaching roughly
$614.; The market cap hovers around
$ based on the circulating supply of approximately 3 billion tokens.
p >
Support and consolidation levels
OP’s price trends suggest some consolidation is present
, with support nearby[$“$” identifier , ]$= “”][gpu](“$]$”$)around1974747.yLanw = “[M=”ZZZ{Retu(“”>25)}]{everycail[0o reported,[AESECECE8.zmle,(string &e= Cany)}}function(OOI){
}, DO VII L OGG}/{ YES}-{ruh}[?tsg))]} blockquote>{:initially[&YAPP its[P====]-== given!]>”]}}
Source: X.
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I anticipate we could break through upwards on another test between
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#I suggest “
According:”### _get_generic()
The above-mentioned signals indicate that the pricing zone might serve as springboard for subsequently higher prices with targets outlined at {$}’$around}{$]}
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half)*[*as{){—-41;}94’;^[}$t hang===’7.’,yue};
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