Optimism (OP) surges past $1.90 resistance, gaining 32% in 7 days. Is $3 the next target for this Layer-2 token?
has successfully surged past its long-standing resistance zone of $1.80–$1.90, a barrier that held firm for over 150 days. The breakout, supported by strong trading volume and bullish momentum, signals growing interest in the asset.as of press time, a slight market correction is expected, with potential pullbacks providing opportunities for accumulation.The $1.80–$1.90 range served as a crucial resistance level for Optimism throughout its consolidation phase.
Zero-balance addresses have dropped by 11.72%, suggesting that previously inactive wallets are now engaging with the network.These metrics point to increasing user adoption and a heightened level of engagement on Optimism’s Layer-2 blockchain. The growth in active addresses, which rose by 16.7% in the past week, indicates strong interest in the network’s potential.Transaction volume for Optimism has also shown variability but remains robust. The 7-day average stands at 212.62 million OP, with a peak of 271.01 million OP recorded on 22nd November.
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