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news-imageApril 27, 2024

3 cryptocurrencies to avoid trading in May's first week

Finbold encountered three cryptocurrencies to avoid trading in the first week of May due to significant token unlocks.
Publisher: Finbold
Sentiment: Negative
DYDX
MEME

More News Articles

Positive
cover-imageThe Currency Analytics
February 18, 2025

Optimism (OP) Forms Bullish Pattern, Eyes $1.18 Resistance

Optimism (OP) has been gaining momentum in the market, showing promising signs of recovery as it continues to trade within an ascending triangle formation. On-chain data reveals whale accumulation and an increasing open interest, suggesting that a potential breakout is imminent.

Negative
cover-imageThe Currency Analytics
February 15, 2025

Optimism (OP) Faces Bearish Breakdown, Targets $0.30

Optimism (OP) is encountering growing signs of weakness, as a bearish technical pattern could signal a significant downturn. While the token is currently trading at $1.16, showing a 3.54% increase in the past 24 hours, there are concerning indicators suggesting that OP might be heading toward a sharp drop, with the $0.30 range potentially acting as the next major support level.

Negative
cover-imageThe Currency Analytics
February 6, 2025

Optimism (OP) Signals Potential Price Drop

Optimism (OP), the popular Ethereum Layer-2 scaling solution, has recently raised concerns among investors as a series of technical and on-chain signals point toward potential downside risks. While the cryptocurrency's price recently saw a modest gain, there are mounting signs that a price correction may be on the way.

Negative
cover-imageInvezz
February 6, 2025

Optimism price analysis: key levels to watch as OP forms classic reversal pattern

Optimism (OP) displays significant bearishness after losing 25% and nearly 50% in the past week and month. Furthermore, the charts show OP has formed a head-and-shoulder formation, hinting at impending downward continuation. OP forms a head-and-shoulders pattern Optimism's price performance demonstrates bear dominance, and the emerging head-and-shoulders formation affirms this narrative.

Positive
cover-imageCrypto Daily
January 30, 2025

Crypto Price Analysis 1-30: BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, BITTENSOR: TAO, ARTIFICIAL SUPERINTELLIGENCE ALLIANCE: FET, ALGORAND: ALGO, OPTIMISM: OP

Bitcoin (BTC) bounced following comments from Federal Reserve Chair Jerome Powell at the FOMC meeting, signaling that banks could serve crypto customers if they comply with risk disclosure requirements. As a result, the crypto market registered notable gains, with BTC up nearly 3% as it crossed the $105,000 mark.

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