Optimism Crypto Price Prediction 2022 – Best Crypto to Buy Now?

Jacob Bury
Last updated: | 2 min read

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

Optimism crypto has increased by over 10% in price in the last 24 hours and has pumped the price back over $1.00.

If the bulls are able to maintain positive price momentum we could see Optimism crypto rise up to $1.40 in the next few weeks. 

Will Optimism (OP) crypto continue to pump? 

Optimism Crypto Price Prediction 2022

Over the last few weeks Optimism (OP) crypto has astoundingly been producing higher lows and greater bullish momentum. 

It was only this October the price of Optimism came down to roughly $0.61 and today the price is already trading at $1.04.

With more positive price action we could see Optimism pump up to around $1.42 over the next few weeks which is a key resistance and most likely a strong take profit zone for buyers at this particular level. 

OP/USDT – 4 Hour Time Frame.

The chart above reflects that Optimism (OP) crypto is now back in the inception of an uptrend where we could potentially see highs of $1.42 retested soon.

Though, it is worth noting that this bullish momentum has forced the relative strength index into an overbought territory where a short-term correction might be necessary. 

OP/USDT – 30 Minute Time Frame.

Zooming in to the price charts for Optimism we can also see that the price is beginning to forge a potential bull pennant.

Typically this pattern is a bullish continuation pattern where traders would speculate a further increase in price from current levels. 

The technical target for the breakout by using the flagpole of this pattern could increase the price of Optimism by 7.28% up to roughly $1.13.

Optimism Crypto Video Analysis

Stronger Alternative Crypto to Optimism for 2022?

According to Coinmarketcap Optimism has a market capital of $245 million and 234,748,364 coins in circulation. 

A crypto like Optimism that has not yet hit the euphoria stage of a market cycle or had a chance to grow in a bull market could see fantastic results by 2025-2030.

But for the remainder of 2022 and early into the next year the upside potential could be quite limited. 

The next best thing to look in crypto right now which many traders are turning their heads to are presales

These particular presales can offer returns of over 10x even during a crypto bear market as it allows you to become an early investor and benefit from a low entry price before the coin is deployed on centralized/decentralized exchanges. 

As of today some of my favorite live presales are Dash 2 Trade, Calvaria and IMPT.

Each boasting fantastic strengths tokenomically and having powerful utility based ecosystems these particular coins can soar beyond 10x by the time they go live. 

If you would like to learn more about each individual presale you can learn more in my official Discord channel which hosts a hybrid of investors and crypto enthusiasts. 

It is always recommended to thoroughly research the whitepapers of each presale and do your own due diligence.