gtag('config', 'G-0PFHD683JR');
Crypto News

Optimism is expected to reach $ 2.32 by January 29, 2025

Optimism is expected to reach $ 2.32 by January 29, 2025

Release responsibility: This is not an investment advice. The information provided is for general purposes only. There are no information, materials, services, and other content provided on this page that constitute a request, recommendation, support, any financial advice, investment, or any other advice. Find independent professional consultations in the form of legal, financial and financial advice before making any investment decision.

  • Optimism rose 4.66 % today against the US dollar
  • Optimism is currently trading by 23.97 % less than our prediction on January 29, 2025
  • Optimism decreased by -8.32 % last month and decreased by -37.53 % one year ago one year ago
Optimism $ 1.77
Optimism prediction $ 2.32 (30.50 %)
Feelings bearish
Fear and greed index 75 (greed)
Main support levels $ 1.68, $ 1.63, $ 1.61
Main resistance levels $ 1.75, $ 1.78, $ 1.82

The reference price is expected to increase by 30.50 % in the next five days, according to our optimism

It is traded at $ 1.77 after getting 4.66 % in the past 24 hours. The currency outperformed the cryptocurrency market, as the total maximum Crypto market increased by 4.14 % in the same time period. OP’s performance was good against BTC today and recorded a profit of 1.21 % for the largest encrypted currency in the world.

According to the prediction of our optimism, the reference is expected to reach a price of $ 2.32 by January 29, 2025. This will represent a 30.50 % price increase for OP in the next five days.

The prediction scheme at the reference price

Buy/sell optimism

What was happening with optimism in the last 30 days

Optimism has recently offered a negative direction, as the currency has lost -8.32 % in the last 30 days. The medium -term trend of optimism was upward, as OP has increased by 10.64 % in the past three months. The long -term image of optimism was negative, as OP is currently showing -37.53 % change. On this day last year, OP was traded at $ 2.83.

Optimism reached the rise of its price at all in March 06, 2024, when the reference price reached $ 4.85. The current OP cycle is $ 2.77, while the low cycle is at $ 1.07. OP has recently displayed low fluctuations-currency fluctuation for one month at 5.64. Optimism recorded 17 green days in the last 30 days.

Technical analysis of optimism for today – January 24, 2025

Feelings in optimism markets are currently, and the Fear & Greed index reads greed. The most important support levels that must be seen are $ 1.68, $ 1.63 and $ 1.61, while $ 1.75, $ 1.78 and $ 1.82 are the main resistance levels.

Feelings of optimism

11 indicators currently indicate bullish predictions of optimism, while 15 indicators show a declining prediction. With 58 % of the indicators that prefer negative prediction. This results in general bearish Feelings of optimism.

The encryption market is currently witnessing greedy

Currently, an index of fear and greed in 75 (greed)That indicates that investors have a positive look at the market. Fear & Greed is a scale of feelings among cryptocurrencies. The “greed” reading indicates that investors are currently optimistic about the cryptocurrency market, but it can also be an indication that the market is exaggerated. On the other hand, reading “fear” indicates that investors are currently hesitating in the encrypted currency market, which is likely to represent the opportunity to buy.

Mediterranean optimism and vibrations

Let’s take a look at some of the most important technical indicators indicate. We will pass the main averages and vibrations of the movement that will allow us to get a better idea of ​​how to optimism about the market at the present time.

a period Simple daily Daily Asian Simple weekly Si -weekly
Ma3 $ 1.75 (He buys) $ 1.76 (He buys)
Ma5 $ 1.74 (He buys) $ 1.78 (He sells)
Ma10 $ 1.85 (He sells) $ 1.82 (He sells)
Ma21 $ 1.85 (He sells) $ 1.89 (He sells) 0.895200 dollars (He buys) $ 1.91 (He sells)
Ma5 $ 2.03 (He sells) $ 1.97 (He sells) 0.599350 dollars (He buys) $ 1.95 (He sells)
Ma100 $ 1.93 (He sells) $ 1.94 (He sells) 0.195727 dollars (He buys) 0.988445 dollars (He buys)
Ma200 $ 1.76 (He buys) $ 1.95 (He sells)
a period value an act
RSI (14) 43.57 neutral
Stoch RSI (14) 57.61 neutral
Fast stochastic (14) 28.24 neutral
The commodity channel index (20) -66.67 neutral
Average direction index (14) 22.64 neutral
Wonderful oscillator (5, 34) -0.08 neutral
Momentum (10) -0.07 neutral
MACD (12, 26) 0.00 neutral
Williams range (14) 71.76 neutral
Final oscillator (7, 14, 28) 40.19 neutral
Voma (10) 1.77 He sells
The moving average of the body (9) 1.71 He sells
Ichimoku Cloud B/L (9, 26, 52, 26) 1.89 neutral

The RSI (RSI 14) is a widely used indicator that helps to inform investors whether the original is at the present time in excessive timing. RSI 14 optimism is at 43.57, indicating that OP is currently neutral.

The simple moving average for 50 days (SMA 50) takes into account the price of optimism over the past fifty days. Currently, optimism is traded above the SMA 50 direction line, which is a bullish signal.

Meanwhile, the simple moving average for 200 days (SMA 200) is a long -term directional line that is calculated by taking the average OP closing price for 200 days. OP is now trading over SMA 200, indicating that the market is currently ascending.

The bottom line about this prediction of optimism

After looking at the above factors, we can conclude that the current expectations for predicting optimism are bearish. OP will have a 30.50 % increase to strike our goal $ 2.32 in the next five days. Moving forward, it will be important to monitor the OP market morale, support levels, main resistance, and other standards. However, we have to keep in mind that cryptocurrency markets are unpredictable, and even the largest encryption assets offer many fluctuations in price. To predict the long -term optimism, click here.

Release responsibility: This is not an investment advice. The information provided is for general purposes only. There are no information, materials, services, and other content provided on this page that constitute a request, recommendation, support, any financial advice, investment, or any other advice. Find independent professional consultations in the form of legal, financial and financial advice before making any investment decision.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button