One cryptocurrency that has been doing well so far in 2018 is Optimism (OP). Some people may be surprised by its rise more than anything else. It has nothing to do with Bitcoin, and it’s not the most popular cryptocurrency right now. But those who know will tell you that the price of OP has dropped by 74% in the last 60 days. If you want to invest in oil trading, then Become a member of Oil Profit.
What does the “OP” in “optimism” stand for?
OP is a second-layer network that is built on top of Ethereum’s blockchain. Optimism uses the security of the Ethereum Mainnet and uses optimistic rollups to help the Ethereum ecosystem grow. This means that Optimism records transactions without any trust, but in the end, they are safe on Ethereum.
One of the most important ways for Ethereum to grow is through optimism. More than 300 million deals have been made on it (TVL). It has 35 protocols, but the most well-known ones are the derivatives exchange Synthetix (SNX), the decentralized exchange Uniswap (UNI), and the automated market maker Velodrome (VELO).
Price of Optimism (OP) for 2022 prediction
The recent trend of the cryptocurrency market going down has hurt Optimism (OP). Also, the cost of OP is going down. If this trend goes in the opposite direction, oil prices (OP) might do the same thing, rising above the $1.26 level of resistance1 and getting closer to the $1.66 level of resistance to send a positive signal in 2022.
The Price of Optimism (OP) for 2023
Then, buyers will have a lot of time and stability to plan their next attack on the key level at $10. If Optimism (OP) holds the support level around the 50-MA, the long-term moving average of 50 days, firmly, it won’t drop but will play consistently if Optimism (OP) keeps the support level around the 50-MA, which is the long-term moving average of 50 days.
The Price of Optimism (OP) for 2024
According to the latest platform upgrades, advancements, price predictions for Optimism (OP), and new project estimates, investors in Optimism (OP) should expect a large number of collaborations and integrations around the year 2024. Also, this could make the price of OP go up on the cryptocurrency market. Since the price could skyrocket to almost $20, it would be the best thing to invest in.
What the price of Optimism (OP) will be in 2025
The price of OP could go up to $40 in the next four years. But Optimism might not have such a hard time reaching this level because buy and sell orders can be set with different price goals for the short, medium, and long term. This means that there is a good chance that OP will reach a new ATH soon, which is expected to happen in the next four years.
What the price of Optimism (OP) will be in 2026
The price of OP could go up to $80 in the next five years. But Optimism might not have such a hard time reaching this level because buy and sell orders can be set with different price goals for the short, medium, and long term. This shows that, according to the projection, there is a good chance that OP will reach a new ATH in the next five years.
What the price of Optimism (OP) will be in 2027
There is a chance that the price of OP will reach $160 in the next six years. But Optimism might not have such a hard time reaching this level because buy and sell orders can be set with different price goals for the short, medium, and long term. This shows that, according to the projection, there is a good chance that OP will reach a new ATH in the next six years.
The Price of Optimism (OP) for 2028
It’s possible that the price of OP will reach $320 in the next seven years. But Optimism might not have such a hard time reaching this level because buy and sell orders can be set with different price goals for the short, medium, and long term. The projection says that OP has a good chance of getting a new ATH in the next seven years. This is a very good sign.
How much will Optimism (OP) cost in 2029?
It’s possible that the price of OP will reach $640 in the next eight years. The projection shows that there is a good chance that OP will reach a new ATH within the next eight years.
The optimistic cryptocurrency has a lot to look forward to in 2022. (OP). Because the Optimism ecosystem and the wider cryptocurrency market are always getting better, it’s possible that OP could reach new heights.
