Optimism Price Prediction: Will OP Price Fall To $1 Level?

Optimism Price Prediction: Will OP Price Fall To $1 Level?

1
Optimism price currently trades at $1.331 while witnessing a 0% change during the intraday trading session.
2
OP price has plunged below 20, 50, 100, and 200-day exponential moving averages.
3
The year-to-date return of Optimism is 44.88%, while the monthly return is -0.82%.
Optimism (OP) price fell since the bullish move commenced in the middle of June and was halted at $1.81. The cryptocurrency price entered a bullish trend in June, rising from the support level of $1.18 and forming an August high of $1.829. 
The rally was initiated after the release of news regarding BlackRock, an investment banking firm, filing for Bitcoin Spot ETF. OP’s price faced rejection from $1.81 and started to retrace. Currently, OP price seems stuck in a narrow consolidation zone, ranging between $1.24 and $1.42. 

Source: OP/USDT By TradingView.
If bulls can push the price above $1.42, it might rise and retest the next psychological level of $1.50 and

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We współpracy z: https://www.thecoinrepublic.com/2023/10/05/optimism-price-prediction-will-op-price-fall-to-1-level/

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