Price Analysis - Optimisus

Terra Luna Classic (LUNC) has experienced a notable 5% price surge in the past 48 hours

2 months ago 2 mins read

Terra Luna Classic (LUNC) Price Prediction: A 5% Jump Sparks Interest, Is it Time to Buy?

Terra Luna Classic (LUNC) has experienced a notable 5% price surge in the past 48 hours, adding to its 13% gain over the last seven days. Despite this recent positive movement, the coin still faces challenges, being down by 36% since the beginning of the year. One of the main reasons behind this setback is the lack of progress in re-pegging its sister stablecoin, USTC, which has been a source of frustration for the Terra Luna Classic community. Disagreements over upgrade proposals have further hindered progress, making it uncertain when LUNC will be able to achieve a significant recovery. However,

2 months ago 2 mins read

LTCUSDT Soars 150% from Lows: Could a 170% Rally be Next?

Litecoin (LTC) has been displaying an intriguing price pattern against the USDT (Tether) pair. An ascending triangle formation has emerged on the LTC/USDT chart, suggesting the potential for a breakout in the near future. In this article, we will analyze the technical indicators and key levels to provide insights into the possible direction of Litecoin’s price movement. Understanding the Ascending Triangle Pattern: An ascending triangle pattern is a bullish continuation pattern typically formed during an uptrend. It consists of a horizontal resistance line and a rising trendline. As the price approaches the horizontal resistance, it creates a series of higher

There are a number of factors that could drive MATIC's price higher in 2023

2 months ago 1 min read

MATIC (Polygon) Price Prediction: Will it Hit $2 in the Near Future?

Polygon (MATIC) is a Layer 2 scaling solution for Ethereum. It has been gaining popularity in recent months, and its price has been on the rise. As of July 2023, MATIC is trading at around $0.7685. There are a number of factors that could drive MATIC‘s price higher in 2023. First, the Ethereum network is facing scalability issues, and Polygon is a potential solution. As more and more users move to Ethereum, demand for Polygon could increase. Second, Polygon is actively developing new features and partnerships. In June 2023, it announced a partnership with the Aave DeFi protocol. This partnership

The XRP price has shown a 2% increase in the past 24 hours

3 months ago 2 mins read

Can XRP Reach $4 Before the End of 2023?

The XRP price has shown a 2% increase in the past 24 hours, reaching $0.476333, as the wider cryptocurrency market also experiences gains. This recent uptick provides some recovery for XRP holders after recent losses. However, XRP remains down 3% in the last seven days and 6.5% in the last 30 days, despite a 40% increase since the start of the year. The potential for XRP to reach new highs hinges on the outcome of Ripple’s legal battle with the U.S. Securities and Exchange Commission (SEC), which is expected to conclude in the coming months. If Ripple secures a positive

SUI crypto is a project that has garnered recent attention in the crypto market

3 months ago 2 mins read

SUI Price Prediction: Limited Supply and Upcoming Coin Releases Could Lead to a Price Pump

SUI is a project that has garnered recent attention in the crypto market, presenting an intriguing case for technical analysis. In this article, we will delve into the potential future movements of SUI and analyze key factors that may impact its price. From the limited supply dynamics to upcoming coin releases, we’ll explore the possibilities and highlight significant resistance levels that could influence a price pump. Read on to gain insights into the potential future of SUI. Limited Supply Dynamics and Influence on Price One notable aspect of SUI is its limited supply, with only 6% of the maximum possible

Last week, Arbitrum (ARB) price made considerable gains

4 months ago 3 mins read

Will Arbitrum (ARB) Price Drop Below $1?

Last week, Arbitrum (ARB) price made considerable gains as the bulls made multiple attempts to reclaim the $1.20 zone. However, a deep dive into the on-chain data shows that the bears are now firmly in control. Will they force a downswing to validate the $1 Arbitrum price prediction? Network Traction Has Not Translated into Economic Activity While Arbitrum has made headlines for its growing adoption and increased network activity, this has not translated into a commensurate increase in economic value. In fact, the largest whale cohort in the Arbitrum ecosystem is now taking bearish positions, which raises the question of

9 months ago 6 mins read

Will ALGO Hit $0.4 Soon?

Algorand is a decentralized, open-source blockchain platform that uses smart contracts to enable the development of various dApps on the network. It is powered by a native cryptocurrency called ALGO, which is used to facilitate transactions on the platform and can be earned by participating in the governance of the blockchain through holding or staking ALGO tokens. Algorand uses a unique consensus mechanism called pure proof of stake (PPoS) that combines a Byzantine agreement protocol with “algorithmic randomness” to select validators and verifiers for the network, resulting in fast, efficient, and sustainable transactions at low costs. The platform aims to

9 months ago 5 mins read

Will Cardano (ADA) Hit $0.5 Soon?

Cardano is a blockchain technology that utilizes the Proof-of-Stake (PoS) consensus mechanism, Ouroborus, to secure its network. The Cardano blockchain, which was initially a layer-1 solution, has integrated the layer-2 update, Hydra, to enhance its capabilities. Cardano’s native token is ADA. The Cardano blockchain aims to improve upon Ethereum’s smart contracts network by increasing scalability in the decentralized finance (DeFi) space and helping to bring financial services to underserved populations. ADA Price Prediction 2023 ADA, the native token of the Cardano blockchain, is currently ranked 9th on CoinMarketCap. The following section provides a daily time frame for ADA price predictions

10 months ago 6 mins read

Will LINK Hit $30 in 2023?

Chainlink (LINK) price prediction 2022 employs statistics, price patterns, RSI, RVOL, and other LINK data to forecast the cryptocurrency’s future movement. What is Chainlink (LINK)? Chainlink is a blockchain-based cryptocurrency network. Chainlink connects the real world and smart contracts. Chainlink can generate multiple subcontracts and uses data from only the most trusted nodes and oracles for maximum accuracy. LINK is also the digital belonging token that is used to pay for services on the Chainlink network. LINK can be purchased and sold in exchange for traditional currency or other digital currencies. LINK can be purchased through cryptocurrency exchanges and stored

10 months ago 6 mins read

Will TRX Hit $0.10 in 2023?

In this TRON (TRX) price prediction 2022, we examine the future movement of the crypto using statistics, price patterns, RSI, RVOL, and other data about TRX. What is TRON (TRX)? TRON (TRX) is the TRON blockchain’s native crypto coin. Justin Sun founded TRON, which is managed by the TRON Foundation. TRX was first introduced in 2017 as an ERC-20 token on the Ethereum blockchain. TRX migrated to its native blockchain later in 2018. The delegated proof-of-stake (DPoS) consensus mechanism underpins the TRON blockchain. TRON (TRX) is a blockchain governance token that grants voting rights. TRON (TRX) Price Prediction 2022 TRON

10 months ago 6 mins read

Will Litecoin (LTC) Hit $150 in 2023?

Litecoin (LTC) is currently trading for $77.24 on CoinMarketCap, with a 24-hour trading volume of $2,035,182,382. LTC has risen by almost 26.5% over the past 24 hours. The current supply of Litecoin (LTC) is 71,674,108 LTC. Litecoin (LTC) is currently traded on exchanges like Binance, Coinbase, OKX, BKEX, and Bybit. What is Litecoin (LTC)? One of the first cryptocurrencies to enter the market after Bitcoin was Litecoin (LTC). LTC, a cryptocurrency modelled after Bitcoin, was introduced in 2011. Charlie Lee, the man behind Litecoin, describes it as “the silver to Bitcoin’s gold.” The Litecoin blockchain uses the proof-of-work (PoW) consensus

10 months ago 5 mins read

Will Aave (AAVE) Hit $62 Before 2023?

Before talking about AAVE price and all, let’s understand what is Aave. What is Aave (AAVE)? AAVE is the native token of Aave, an Ethereum-based crypto borrowing and lending DeFi platform. AAVE was introduced in 2017 to enable users to build and use liquidity pools for digital and physical assets. Additionally, Aave enables lenders to receive interest payments for securing their assets in the pool. Borrowers can also use decentralized smart contracts to access loans backed by cryptocurrencies. AAVE token holders receive voting privileges to take part in the protocol’s governance. AAVE Price Prediction 2022 Currently, Aave (AAVE) is ranked