Optimism (OP) and PENDLE Prices Dip: Expert Highlights Key Trends and Levels to Watch

CoinMarketCap12-20

Crypto tokens Optimism (OP) and PENDLE exhibit familiar price trends tied to historical patterns. Analyst Rekt Capital’s insights reveal key retests of support and resistance levels that could shape ...

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Analyst Rekt Capital’s insights reveal key retests of support and resistance levels that could shape ...</p>\n\n<a href=\"https://coinmarketcap.com/community/articles/6764673080d1f5613aa94572/\">Source Link</a>\n\n</div>\n","source":"coinmarketcap_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Optimism (OP) and PENDLE Prices Dip: Expert Highlights Key Trends and Levels to Watch</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOptimism (OP) and PENDLE Prices Dip: Expert Highlights Key Trends and Levels to Watch\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-20 02:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://coinmarketcap.com/community/articles/6764673080d1f5613aa94572/><strong>CoinMarketCap</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Crypto tokens Optimism (OP) and PENDLE exhibit familiar price trends tied to historical patterns. Analyst Rekt Capital’s insights reveal key retests of support and resistance levels that could shape ...</p>\n\n<a href=\"https://coinmarketcap.com/community/articles/6764673080d1f5613aa94572/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"OP","symbol_name":"Oceanpal Inc","start_time":0,"source_url":"https://coinmarketcap.com/community/articles/6764673080d1f5613aa94572/","article_id":"2492002391","we_media_id":null,"thumbnails":["https://academy-public.coinmarketcap.com/srd-optimized-uploads/b22ed5fe8fff49b59fcd72ee5eedf3ed.png"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2492002391","pubTimestamp":1734633263,"columns":[],"sourceInfo":{"source_id":"coinmarketcap_highlight","name":"CoinMarketCap"},"weMediaInfo":null,"summary":"Crypto tokens Optimism  and PENDLE exhibit familiar price trends tied to historical patterns. Analyst Rekt Capital’s insights reveal key retests of support and resistance levels that could shape their future trajectories. Moreover, both tokens have plummeted in value lately according to CoinGecko data.The recent price activity included a brief downside wick into this range last week. Historical data from 2023 suggests OP might continue to trade near this level before establishing a firmer direction. Such behavior aligns with prior post-breakout retests observed for the token.At publication, CoinGecko shows that OP is priced at $2.11, with a 24-hour trading volume of $758,965,409. This marks a decrease of 8.84% in the last 24 hours and 17.14% over the past week, reflecting broader market volatility.Both OP and PENDLE have demonstrated volatility in recent days, consistent with broader trends in the crypto market. Rekt Capital emphasized the importance of key support and resistance level","collect":0,"end_time":0,"defaultTopTitle":"coinmarketcap.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"OP":"Oceanpal Inc","BK4021":"海运"},"translate_title":"乐观情绪(OP)和PENDLE价格下跌：专家强调了值得关注的关键趋势和水平","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"OP":1},"content_text":"Crypto tokens Optimism (OP) and PENDLE exhibit familiar price trends tied to historical patterns. Analyst Rekt Capital’s insights reveal key retests of support and resistance levels that could shape their future trajectories. Moreover, both tokens have plummeted in value lately according to CoinGecko data.\nOptimism (OP): Testing Historical Cycles\nOptimism (OP) has followed clear historical cycles, according to Rekt Capital. \nThe token is currently dipping into the upper range of its macro accumulation zone, identified as between $1 and $2. This area has historically marked the transition from accumulation phases to uptrend continuations.\n\n\n\nNew edition of the Rekt Capital Newsletter is liveI share an Altcoin Market UpdateFeatures analysis on the following Altcoins: $OP $PENDLE $APT $POPCAT $DOG $NEARSign up to read it here:https://t.co/0TVQFJi21k#BTC #Crypto #Bitcoin— Rekt Capital (@rektcapital) December 18, 2024\n\n\n\nThe recent price activity included a brief downside wick into this range last week. Historical data from 2023 suggests OP might continue to trade near this level before establishing a firmer direction. Such behavior aligns with prior post-breakout retests observed for the token.\nAt publication, CoinGecko shows that OP is priced at $2.11, with a 24-hour trading volume of $758,965,409. This marks a decrease of 8.84% in the last 24 hours and 17.14% over the past week, reflecting broader market volatility.\nRead also: Why Is the Crypto Market Down Today?\nPendle (PENDLE): Retesting Range Lows\nPENDLE has shown repeated interactions with key price levels, signaling potential support and resistance zones. \nRecently, the token successfully retested the $5.35 range low, which historically enabled moves toward the $6.82 range high. However, a rejection at the range high has increased the likelihood of revisiting the lower range.\nEarlier this year, PENDLE experienced a failure at this support level, emphasizing the importance of holding the $5.35 range low. This area remains pivotal for building a re-accumulation range at the current highs, which could set the stage for a future uptrend.\nThe token briefly wicked into this support level last week, hinting at potential additional downside due to ongoing market fluctuations. CoinGecko data shows PENDLE trading at $5.55, with a daily trading volume of $227,548,449. \nThe price has declined by 9.37% in the past 24 hours and 8.87% over the past week.\nBoth OP and PENDLE have demonstrated volatility in recent days, consistent with broader trends in the crypto market. Rekt Capital emphasized the importance of key support and resistance levels as these tokens navigate their respective cycles.\nFollow us on X (Twitter), CoinMarketCap and Binance Square for more daily crypto updates.Get all our future calls by joining our FREE Telegram group.\n\n\n\n \n\n\n We recommend eToro \nDon’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more\n\n\n\n Visit eToro Now \n\n\n\n Active user community and social features like news feeds, chats for specific coins available for trading.  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User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate.\n    \n\n\n\n\nThe post Optimism (OP) and PENDLE Prices Dip: Expert Highlights Key Trends and Levels to Watch appeared first on CaptainAltcoin.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2492002391"}