In the past seven weeks, there has been a consistent decline in the price of the OP cryptocurrency due to a downward trend line. This downward trend has caused the altcoin price to decrease by 63%, going from $4.85 to $1.8. However, there has been a recent recovery in the altcoin price, reaching $2.64 after the halving event. Currently, Optimism has a market value of $2.7 billion, and its trading volume has increased to $427.2 billion since yesterday. The recent increase in price has surpassed the projected trend line, indicating the end of the previous correction trend. Experts predict that a rally following the breakout could potentially push the crypto price to $4.
