Wednesday, July 23, 2025
  • Login
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
CRYPTO MARKETCAP
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
No Result
View All Result
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
No Result
View All Result

Optimism Flickers At $0.553: A Recovery Or A Pause The Decline?

by SB Crypto Guru News
June 25, 2025
in Analysis
Reading Time: 2 mins read
0 0
A A
0


Crypto Man MAB, in his latest analysis on X, pointed out that Optimism (OP) is now priced at $0.553, showing a mild increase of +0.004 (+0.73%) within the last four hours. While the short-term movement is slightly positive, he emphasized that the overall trend has been bearish since the asset peaked near $0.75, marking a clear phase of correction in the market.

Trend And Volume Analysis OF Optimism (PO)

Delving into the trend, Crypto Man MAB observed that the asset’s short-term trend is leaning bearish. Over the past 24 hours, the price of OP has declined from a high of $0.564 to a low of $0.483, forming a downward trajectory. He noted that the longer-term outlook reinforces this sentiment, as the asset has dropped by a steep 71.02% over the last 180 days, clearly signaling sustained downward pressure.

Turning attention to volume behavior, Crypto Man MAB emphasized the significance of recent spikes in OP’s trading volume, particularly during the sharp price decline. He explained that this increase in volume often indicates heightened market participation, most likely driven by panic selling or stop-loss triggers. The volume surge during this dip suggests that the bears are still active and in control.

Optimism

In his analysis, Crypto Man MAB further mentioned that the Volume SMA reflects periodic surges, with the most recent peak aligning with the downward movement in price. This alignment between rising volume and falling price often reflects a strong bearish sentiment, reinforcing the downward pressure seen on the chart.

Support, Resistance, And Indicators

Examining OP’s support and resistance levels, the analyst points out that the current price is trading near $0.483. This zone could act as a potential support if selling pressure begins to slow, offering a chance for a temporary stabilization or bounce. However, a sustained break below this level might signal further downside in the near term.

On the flip side, the nearest resistance lies around $0.564, which represents the 24-hour high. If the price attempts a recovery, this level will likely serve as the first barrier to overcome. A successful move above it could signal improving sentiment, though further confirmation would be needed to shift the short-term bias away from bearish.

Looking at the chart patterns, recent candlesticks show a mix of bullish and bearish activity, but the red candles have been more dominant. This pattern reinforces the ongoing downward momentum, indicating that sellers still have control. Until there is a visible shift in momentum, the overall tone remains cautious despite pockets of potential support.

Optimism



Source link

Tags: Bitcoin NewsCrypto NewsCrypto UpdatesDeclineFlickersLatest News on CryptoOptimismPauseRecoverySB Crypto Guru News
Previous Post

Did your phone just steal your seed phrase

Next Post

Grayscale Launches Space and Time Trust Focused on SXT Token

Related Posts

Solana (SOL) Smashes 0, Bulls Now Target 0–0 Zone

Solana (SOL) Smashes $200, Bulls Now Target $220–$250 Zone

by SB Crypto Guru News
July 23, 2025
0

Solana started a fresh increase above the $185 zone. SOL price is now correcting gains and might find bids near...

XRP to hit  in 2025? Analysts weigh the possibility

XRP to hit $10 in 2025? Analysts weigh the possibility

by SB Crypto Guru News
July 22, 2025
0

XRP trades above $3.50 amid rising institutional interest and bullish sentiment. Ripple’s SEC settlement boosts confidence and opens doors to...

‘XRP Is The End Game’ — Pundit Reveals Why It’s Better Than Bitcoin

‘XRP Is The End Game’ — Pundit Reveals Why It’s Better Than Bitcoin

by SB Crypto Guru News
July 22, 2025
0

A provocative post from crypto commentator Vincent Van Code suggests that Bitcoin was simply the experiment, while XRP represents the...

SOL targets 0 after breakout above 0; check forecast

SOL targets $300 after breakout above $200; check forecast

by SB Crypto Guru News
July 22, 2025
0

Key takeaways Solana is the best performer among the top 10 cryptocurrencies by market cap, up 7% in the last...

The XRP Euphoria Phase: Why August–October 2025 Could Be Explosive

The XRP Euphoria Phase: Why August–October 2025 Could Be Explosive

by SB Crypto Guru News
July 21, 2025
0

XRP is no stranger to dramatic breakouts, and now, all signs point to another one brewing. After years of range-bound...

Load More
Next Post
Grayscale Launches Space and Time Trust Focused on SXT Token

Grayscale Launches Space and Time Trust Focused on SXT Token

House Receives GENIUS Act After 68–30 Senate Vote — But Crypto Reform Now Faces a New Twist

House Receives GENIUS Act After 68–30 Senate Vote — But Crypto Reform Now Faces a New Twist

Facebook Twitter LinkedIn Tumblr RSS

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • Mining
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3

SITE MAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - SB Crypto Guru News.
SB Crypto Guru News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS

Copyright © 2022 - SB Crypto Guru News.
SB Crypto Guru News is not responsible for the content of external sites.