The recent recovery attempt of the crypto market cap has marked a spike by over 1.35% to $3.95 trillion, with the assets trading under the condition where there is no clear direction—both gains and losses linger. Among the pack of altcoins, Optimism (OP) has registered a surge of over 12.27%
OP is trending downward, the cryptocurrency has been declining steadily since reaching $2.50 in late 2024. Optimism price has formed a clear descending channel that has continued into 2025. All moving average indicators are currently showing a bearish pattern. The 50-period EMA is at $0.763 and above the current price.
In the exciting world of cryptocurrency trading, market participants are constantly on the lookout for potential breakout opportunities that can offer significant profit potential. More so, one such intriguing prospect has emerged for Optimism, the trading pair of the OPUS token against Tether (USDT). Even more, a notable technical pattern
