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.

Optimism attempts to break out of its ascending triangle formation as whales accumulate in anticipation of a price recovery.

Filecoin (FIL), one of the top decentralized infrastructure projects, finds itself at a pivotal crossroads. Trading at a key support level of $3.38, the asset's short-term future is hanging in the balance.

Filecoin could soar by 20% to reach $4.05 if it defends the $3.38 support.

Bitcoin (BTC) has started the week in the red, with the price down over 1% and trading considerably below the $97,000 level at $96,400. The flagship currency dipped to a low of $96,144 before recovering to its current level.

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.

OP faces a bearish breakdown! Could the head-and-shoulders pattern push prices below $0.30?

Bitcoin (BTC) rebounded after dropping to a low of $95,346 late on Thursday to reclaim $97,000. However, price action remains sluggish, and market sentiment is mixed.

Bitcoin (BTC) remained sluggish over the weekend, hovering between $96,000 and $97,000. However, it dipped below $95,000 early on Monday, falling to a low of $94,855 before rebounding and moving to its current level of $97,450.

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.

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.

OP's technical and on-chain data point to significant downside risks, indicating a price correction.

Bitcoin (BTC) declined marginally to fall from $99,000 to its current level of $98,100. The flagship cryptocurrency is down over 2% in the past 24 hours as it struggles to build momentum.

Analysts warn of a potential bearish reversal on Optimism's OP price chart, though recovery scenarios remain.

The crypto market rebounded after Donald Trump agreed to delay tariffs on Canada and Mexico following a conversation with both presidents. As a result, Bitcoin (BTC) rebounded to reclaim the $100,000 level, with the flagship cryptocurrency trading at $100,360, up nearly 7% over the past 24 hours.

Filecoin (FIL) is a decentralized storage network designed to offer a more efficient and secure alternative to traditional cloud services. Built by Protocol Labs, it uses blockchain technology to create a peer-to-peer marketplace where users can rent out unused hard drive space in exchange for Filecoin tokens.

Filecoin (FIL), Arbitrum (ARB) and Cosmos (ATOM) are among the biggest losers in the crypto market in the past 24 hours as traders see over $2.3 billion liquidated. The global crypto market cap fell 8% to $3.1 trillion, with daily trading volume on Monday, February 3, up 193% to over $333 billion.

Filecoin price has collapsed, erasing all the gains made in 2024, and making it one of the worst-performing tokens in crypto. The FIL token plunged to a low of $2.6155 on Monday, its lowest level since 2022. It has plunged by over 74% from its highest level in 2024.

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.

The cryptocurrency market has recovered from Monday's bloodbath, with Bitcoin (BTC) reclaiming the $100,000 level. The flagship cryptocurrency is up nearly 3% over the past 24 hours and currently trades around $103,339.

Optimism is one of the altcoins to witness a sharp decline amid a broader dip in the cryptocurrency market. OP price fell more than 16% to test lowest levels since dipping to $1.17 in August.

The cryptocurrency market has pared broader gains after a bullish recovery seen on Wednesday faded with Bitcoin (BTC) leading top coins lower. As Ethereum (ETH), XRP (XRP) and Solana (SOL) shed gains by more than 5% each, Arbitrum (ARB) and Filecoin (FIL) also flipped red.

The crypto market has registered a substantial decline, with nearly all cryptocurrencies trading in the red. Bitcoin (BTC) is down almost 4% over the past 24 hours and has dipped below $105,000 to trade around $102,550.

Optimism (OP), a popular layer-2 blockchain solution for Ethereum, has been on a steady decline. After trading near $2.70 just a month ago, the cryptocurrency has shed significant value, with its current price hovering around $1.67.

UAE-based CLS Global admits to wash trading, inflating crypto volumes on Uniswap; faces $428K penalty and US market ban.

OP has declined over the past month as bearish sentiments persist.

FIL's breakout revealed potential, but stronger market support is needed for sustained momentum.

Filecoin (FIL), la rete di archiviazione decentralizzata, sta guadagnando sempre più slancio, attirando l'attenzione di trader e investitori. L'aumento dell'adozione e una configurazione tecnica rialzista stanno alimentando un crescente ottimismo riguardo al suo futuro.

Filecoin (FIL) Foundation outlines its 2025 vision, highlighting the FIL Dev Summit in Toronto, the launch of Portrait, and new members in the Decentralized Storage Alliance.

By leveraging the Optimism Superchain, Soneium aims to provide an accessible, reliable, and open system that caters to user needs while contributing to the broader blockchain ecosystem.

Na een vrij treurige periode waarbij Bitcoin zelfs even onder de $90.000 handelde, zijn verschillende bekende crypto's weer omhoog aan het klimmen. Hoe staat het ervoor en welke crypto kunnen we vandaag het beste kopen?

Filecoin (FIL), the decentralized storage network, is gaining momentum as traders and investors turn their attention to its growing adoption and bullish technical setup.

Chainlink (LINK) joined Aptos (APT) and Filecoin (FIL) as a top performer, gaining 6.7% from Monday.

Explore insights from FDS Bangkok 2024, where developers tackled Filecoin (FIL)'s challenges and innovations. Key topics included market fit, storage advancements, and ecosystem growth.

Bitcoin (BTC) briefly plummeted below $90,000 on Monday, ringing alarm bells among investors as markets panicked. However, it quickly rebounded from this level to reach $92,500 and then climbed to its current level of $95,400.

Solana (SOL) is deze ochtend weer aan het klimmen, ondanks een sterke toename in bearish druk. De koers is in een week tijd met 20% gedaald, maar is vandaag weer 3,4% omhoog geschoten naar $186,70.

De Dogecoin koers handelt rond de $0,32 en lijkt zich te stabiliseren, terwijl de markt in afwachting is van de inauguratie van Trump op 20 januari. Met de geruchtenmolen op volle toeren en een toename in openstaande posities groeit de kans op een koersbeweging.

In de afgelopen weken heeft Solana kracht laten zien waarbij het boven een aantal belangrijke support niveaus wist te blijven. In de afgelopen 24 uur is echter een lichte daling ingezet, maar technische indicatoren wijzen op een mogelijk opwaarts momentum.

Bitcoin (BTC) continued to drop for a second day as it slipped below $95,000 on Wednesday, falling to a low of $92,911 before recovering and moving to its current level of $94,442. The flagship currency is down almost 3% over the past 24 hours, as the crypto market lost $320 billion.

Filecoin could record further gains as market conditions turn increasingly favorable.

Filecoin (FIL), the decentralized storage network, is riding a wave of bullish momentum, drawing significant market attention as traders and investors capitalize on its growing adoption.

PENGU's surge highlights the volatile nature of crypto markets and the potential impact of speculative partnerships on asset valuations. The post Pudgy Penguins' PENGU token soars 26%, flips OP in market cap appeared first on Crypto Briefing.

Filecoin (FIL), the decentralized storage network's native token has experienced a notable surge following its listing on Bithumb, South Korea's leading cryptocurrency exchange. The listing has sparked a bullish momentum that could potentially push FIL towards the $10 mark, with various indicators and market dynamics supporting the upward trajectory.

Filecoin (FIL) turns out to be one of the biggest gainers among the top cryptos amid easing off selling pressure after a week of turbulence.

Filecoin jumps 12% after its Bithumb listing, with futures volume up 200%. Will the momentum push FIL to $7, or is a pullback on the horizon?

Filecoin price has surged 12%, reflecting growing market enthusiasm following a major listing announcement by South Korea's top exchange, Bithumb. The sudden spike highlights increasing demand for the asset amid heightened investor interest.

Crypto market today looks bullish as Bitcoin crossed the $99,000 mark and is trying to touch $100,000 again after a two-week bearish trend. SPX6900 (SPX) and Filecoin (FIL) became the top gainers for today, with a 12% surge in price.

Optimism (OP) is showing promising signs of a significant price surge, driven by increased accumulation from large investors and favorable technical indicators. With the market aligning for upward momentum, OP could potentially reach $2.60 in the near future.