Optimism price is up 15% in the last week, recording higher highs to reclaim early October highs.


The rally could be cut short with 24.16 million OP tokens worth $33.34 million due to flood the market soon.
Token allocation will go to investors and core contributors; they are expected to book early profits.
A decisive candlestick close above the $1.723 level would confirm the uptrend.
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Optimism (OP) has been overly volatile over the past several months, with the price action oscillating in a wave-like motion. Momentum indicators have mirrored this outlook as investors ride the trend. Meanwhile, key developments in the OP network have played critical roles in determining the upside potential.

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