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OP Gains More Than 8% While the Majority of the Market Drops

Published 15/07/2023, 09:56
OP Gains More Than 8% While the Majority of the Market Drops
ETH/USD
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  • The price of Optimism (OP) increased more than 8% over the past 24 hours to trade at $1.51.

  • This positive daily performance pushed the altcoin’s weekly performance up to +23.44%.

  • Technical indicators suggested that OP may rise to $1.557 in the coming 48 hours.

Although most cryptocurrencies were trading in the red heading into the weekend, the same can not be said for Optimism (OP), however, as it saw Optimism price rise by more than 8% over the past 24 hours alone. CoinMarketCap indicated that, at press time, the altcoin was worth about $1.51.

In addition to the price increase, OP’s 24-hour trading volume surged by more than 90% throughout the past day as well, which left it standing at $402,514,532 at press time. The crypto’s success over the past 24 hours also ended up pushing its weekly performance even further into the green to +23.44%.

Not only did OP strengthen against the Dollar, it was also able to outperform the two market leaders Bitcoin (BTC) and Ethereum (ETH) by 10.81% and 10.82% respectively over the past day of trading. As a result, 1 OP was worth 0.00005006 BTC and 0.0007825 ETH.

The altcoin was also able to reach a 24-hour high …

The post OP Gains More Than 8% While the Majority of the Market Drops appeared first on Coin Edition.

The post OP Gains More Than 8% While the Majority of the Market Drops appeared first on Coin Edition.

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