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OP price reached $1.3927 per coin, down -3.00% during the day

OP price reached $1.3927 per coin, down -3.00% during the day

Bitget2024/11/05 21:09
OP-4.90%

Optimism's price quote for today, OP's latest price fell to $1.3927, down -3.00%, with a trading volume of $173 million 
Based on the results of the k-chart analysis, it is now in an oscillator trend. It has dropped sharply compared to 15:00, recovered from 10:00 and dropped from 14:00. Trading volume has decreased, with price and volume falling in tandem.
According to the Williams indicator, the situation is not overbought and oversold. Trading volume has decreased recently, trading volume is down from the previous hours, price and trading volume are down at the same time: the market is cold and trading is inactive.
The market is cold, trading is inactive and the price is falling, so it is advisable to remain on the sidelines and wait for market sentiment to recover.
The above content is for reference only and does not constitute investment advice.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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