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news-imageNovember 20, 2024

Whales hold 84% of OP: Implications for Optimism's price surge

Crypto analyst predicts 60% rally for Optimism (OP) after breaking key resistance at $1.83.
Publisher: AMBCrypto
Sentiment: Positive
OP

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Whales Hold 84% of Optimism (OP): What This Means for Its Price Surge

Optimism (OP) has been gaining attention in the crypto market, with some analysts predicting a 60% rally if the token can break through a critical resistance level. Michaël van de Poppe, a well-known crypto analyst, has identified that once OP clears its $1.83 resistance, it could see a rapid price surge, potentially pushing the token toward higher price targets.

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Crypto Price Analysis 11-12 BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, DOGECOIN: DOGE, BITTENSOR: TAO, OPTIMISM: OP, CHAINLINK: LINK

Bitcoin (BTC) catapulted to another all-time high, reaching $89,604 before declining marginally, as bulls set their eyes on $90,000 and $100,000. The euphoria over Trump's win shows no signs of waning, and BTC could hit $100,000 before the end of the year if the bull run continues at its current pace.

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