Solana (SOL) can experience an eventual fifth Elliot wave, which can propel the crypto to new heights. Optimism (OP) is also bullish on the charts and could pave the way for further gains by investors and traders.
Optimism (OP) Rises 317% – Price to Reach $6.10 in 2024
Optimism (OP) is a Layer-2 solution for Ethereum that utilizes optimistic rollups for higher scalability and security. These allow transactions to be recorded on an L2 blockchain and verified by external validators on the first-layer blockchain.
The Optimism volume has increased, and according to an analysis view of the on-chart data, the price has surged from $2.26 to $4.12 during the past week. The total price upswing was by 317% in the past year.
This indicates that Optimism is trading above the significant moving averages and showcasing a bullish marubozu candlestick. Buyers are now in control over sellers, which has led to a sharp upward move. According to the Optimism price prediction, it can reach $6.10 in 2024.
Solana (SOL) Is Projected to Surge to $190.70 in 2024
Solana (SOL) has a bullish road ahead of it, according to the analyst of the YouTube channel More Crypto Online.
The channel host gave a perspective on a potential price movement for the Solana crypto, where, in the long run, it could reach new heights.
In this bullish scenario, Solana could use one more high in an extended third wave, pushing resistance levels between $134 and $147 before a broader correction occurs.
Recent on-chart data suggests that SOL traded between $102 and $114. Based on the most recent Solana price prediction, it can surge to a maximum value of $190.70 in 2024.
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