Optimism ($OP )
The price of OP has decreased by only 3.5% over the past week. This is a very minor drop compared to other altcoins. Due to its resilience, OP remains a cryptocurrency to watch, especially ahead of the Superchain Upgrade 16. It could significantly impact future price dynamics and investor sentiment. The upgrade includes changes to smart contracts to improve compatibility.
This may attract more investors, especially considering that the correlation between OP and Bitcoin is strengthening. If BTC gains momentum, OP could surpass the $0.70 mark and reach $0.76, reinforcing the positive outlook. However, if the market fails to maintain bullish momentum, the altcoin may continue to decline. A break below $0.63 could lead to further losses, with a possible drop to $0.59. This would nullify any optimistic projections for the near term.
