An analysis by Rekt Capital suggests that The Graph (GRT) and Optimism (OP) cryptocurrencies are currently at crucial price levels that will dictate their future price movements. GRT has been fluctuating within a specific range throughout 2024, with the current price positioned at the midpoint of this range. The pivotal level of $0.23 will determine whether GRT continues its upward trajectory towards $0.34 or risks a decline to $0.15. On the other hand, OP token is within a macro range with a critical level around $3 that needs to be reclaimed for a potential rally towards the upper range. Failure to do so could indicate a shift towards the lower half of the range, possibly dropping to $2. Traders and investors are advised to closely monitor these key levels as they could lead to significant price movements for both GRT and OP cryptocurrencies.
Comments