BNB Chain, which has released the Layer 2 testnet on the Optimism network, has created huge volatility in the ecosystem token.
in the past weeks Optimism (OP) declaring that it will unlock ), had fallen sharply in the process. The loss of value of OP, which caught a great trend and excitement when it was presented to the crypto market, led to the loss of investors. The OP, which has been trading in a downtrend so far at $2.74, BNB your chainWith its announcement, it took action again and became the third highest rising coin of the day.
Optimism (OP) Technical Analysis
OP tested $0.90 by bottoming out with altcoins collapsing. The popular coin, which exploded upwards from this point, reached $1.05. On June 19th, with BNB Chain publishing the Layer 2 testnet on the Optimism network, the OP moved towards $1,194, targeting an upper resistance.
In order for the increases on the OP side to continue, the resistance levels that must be overcome are $1.19 – 1.37 – 1.50 – 1.78 and $2.04, respectively. Although the chart has not yet settled, the values that can see support quality are $1.05 and $0.90. Indicators such as Fibonacci can be used for the continuation of possible decreases.
