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Optimism (OP) Price Shows Strong Uptrend, Eyes $3 Resistance

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Optimism (OP) price has surged 43.40% in the last seven days, showcasing strong bullish momentum in the market. The uptrend is supported by rising trend strength, with the ADX confirming growing momentum and EMA lines showing a bullish setup.

Despite the rally, a declining trend in daily active addresses suggests caution, as it may indicate reduced network activity and potential pressure on OP’s price. Whether OP can sustain this momentum to test resistance at $3 or face a deeper correction depends on the strength of buyer interest in the coming days.

OP Current Uptrend Is Strong

Optimism currently has an ADX of 28.7, a significant surge from below 15 just a day ago. The sharp rise in ADX indicates that the strength of OP’s current trend is increasing fast, signaling growing momentum behind the price movement.

The ADX measures trend strength, with values above 25 indicating a strong trend and below 20 suggesting a weak or nonexistent trend. At 28.7, OP’s ADX confirms that its uptrend is gaining traction and could sustain further upward momentum if this strength persists.

OP DMI.
OP DMI. Source: TradingView

The positive directional index (D+) is at 38.8, while the negative directional index (D-) is at 9.37, showing that bullish pressure far outweighs bearish activity. This large gap between D+ and D- reflects strong buyer dominance, reinforcing the uptrend.

The combination of a rising ADX and a high D+ suggests that OP’s price could continue climbing as long as market conditions remain favorable and buying pressure persists.

OP Daily Active Addresses Bring An Important Signal

OP 7-day moving average of daily active addresses was 14,200 as of November 21.

This metric reflects the number of unique wallet interactions with the network, which indicates continued strong activity but is down from the yearly peak of 26,300 on October 13.

OP Daily Active Addresses and Daily Active Addresses 7D Moving Average.
OP Daily Active Addresses and Daily Active Addresses 7D Moving Average. Source: Santiment

Daily active addresses are a crucial metric because they provide insights into network usage and overall demand. A decreasing trend in this metric may signal waning interest or reduced activity on the network, which could translate into lower buying pressure for OP.

If the trend continues to decline, it may exert downward pressure on OP price as market enthusiasm fades. However, a reversal in this metric could reignite bullish sentiment and support future price growth.

Optimism Price Prediction: Can OP Reach $3 In November?

If Optimism price maintains its uptrend, it could test the next resistance levels at $2.55 and potentially $3.04. Breaking above $3.04 could pave the way for OP price to challenge $3.41, its highest price since April.

This bullish scenario is supported by the EMA lines, which show a favorable setup with short-term lines positioned above the long-term ones, indicating strong momentum.

OP Price Analysis.
OP Price Analysis. Source: TradingView

However, if the trend reverses, OP price could face significant downward pressure, with the next supports at $1.82 and $1.53.

If these levels fail to hold, the price could drop further to $1.06, representing a steep 51% correction.

Disclaimer

In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.



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Dogecoin (DOGE) Under Pressure—Bearish Setup Could Trigger Sell-Off

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Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis.

From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one of the foremost authorities in the fields of Forex and crypto trading. With a meticulous eye for detail and an unwavering commitment to excellence, Aayush honed his craft over the years, mastering the art of technical analysis and chart interpretation.
As a software engineer, Aayush harnesses the power of technology to optimize trading strategies and develop innovative solutions for navigating the volatile waters of financial markets. His background in software engineering has equipped him with a unique skill set, enabling him to leverage cutting-edge tools and algorithms to gain a competitive edge in an ever-evolving landscape.

In addition to his roles in finance and technology, Aayush serves as the director of a prestigious IT company, where he spearheads initiatives aimed at driving digital innovation and transformation. Under his visionary leadership, the company has flourished, cementing its position as a leader in the tech industry and paving the way for groundbreaking advancements in software development and IT solutions.

Despite his demanding professional commitments, Aayush is a firm believer in the importance of work-life balance. An avid traveler and adventurer, he finds solace in exploring new destinations, immersing himself in different cultures, and forging lasting memories along the way. Whether he’s trekking through the Himalayas, diving in the azure waters of the Maldives, or experiencing the vibrant energy of bustling metropolises, Aayush embraces every opportunity to broaden his horizons and create unforgettable experiences.

Aayush’s journey to success is marked by a relentless pursuit of excellence and a steadfast commitment to continuous learning and growth. His academic achievements are a testament to his dedication and passion for excellence, having completed his software engineering with honors and excelling in every department.

At his core, Aayush is driven by a profound passion for analyzing markets and uncovering profitable opportunities amidst volatility. Whether he’s poring over price charts, identifying key support and resistance levels, or providing insightful analysis to his clients and followers, Aayush’s unwavering dedication to his craft sets him apart as a true industry leader and a beacon of inspiration to aspiring traders around the globe.

In a world where uncertainty reigns supreme, Aayush Jindal stands as a guiding light, illuminating the path to financial success with his unparalleled expertise, unwavering integrity, and boundless enthusiasm for the markets.



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Is XRP’s Low Price Part of Ripple’s Long-Term Growth Strategy?

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Ripple’s recently acquired Hidden Road has secured a broker-dealer license from the Financial Industry Regulatory Authority (FINRA). This marks a significant milestone in expanding its prime brokerage services for institutional investors. 

Market watchers see it as a deliberate strategy by Ripple to build infrastructure and position itself for future growth. That being said, traders are expecting that XRP’s value will rise later.

Ripple Expands Institutional Presence with Hidden Road’s FINRA License

According to the latest press release, Hidden Road Partners CIV US LLC was granted approval. The license now enables the firm to provide a broader suite of regulatory-compliant services, including clearing, financing, and prime brokerage for fixed-income assets to institutions.

Noel Kimmel, President of Hidden Road, highlighted that the license was a pivotal development for the company. According to him, it enhances Hidden Road’s ability to operate in traditional financial (TradFi) markets.

“As a FINRA member, we will be able to bring our best-in-class, technology-driven fixed income service offering to an expanded universe of institutional clients. Our business has tremendous momentum, and we look forward to continuing to provide superior execution and support to our clients amidst today’s exceptionally dynamic market environment,” Kimmel said.

The FINRA approval follows Ripple’s $1.25 billion acquisition of Hidden Road. Announced on April 8, 2025, this was one of the largest deals in the digital assets sector. 

The move positions Ripple as the first cryptocurrency company to own a global, multi-asset prime broker. Experts believe the acquisition and subsequent license are part of a broader strategy Ripple is employing. 

“Hidden Road just secured a broker-dealer license right after Ripple’s acquisition. This isn’t a coincidence, it’s a statement. XRP is not playing checkers. It’s playing regulatory chess,” an analyst wrote on X (formerly Twitter).

Is Ripple Behind XRP’s Low Price? Analyst Thinks So

In fact, analysts also claim that XRP’s neutral reaction to recent milestones isn’t a sign of weakness but rather a strategic move. In a recent analysis, crypto analyst Levi argued that the current price of XRP, hovering around $2, is not coincidental, but rather a result of Ripple’s deliberate approach.

He suggested that the low price is designed to allow Ripple to operate under the radar while making key strategic moves, such as the Hidden Road acquisition. 

“Hidden Road isn’t a flex. It’s infrastructure. It’s the final puzzle piece — giving Ripple a fully integrated, lightning-fast, global value settlement system,” he stated.

The analyst emphasized that while the public focused on Ripple’s legal battles with the SEC, the company quietly built its global value settlement system behind the scenes.

“XRP at $2 isn’t undervalued — it’s deliberately suppressed. When the switch flips, the revaluation won’t be gradual — it’ll be instant,” Levi noted.

In his view, those who have invested early will be positioned to benefit as the market shifts. Meanwhile, XRP, after hitting an all-time high earlier this year, has continued to decline. 

XRP Price Performance
XRP Price Performance. Source: BeInCrypto

At press time, the altcoin was trading at $2.0. According to BeInCrypto data, this represented a decline of 1.0% over the past day.

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.



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XRP Price Weakens—Further Losses on The Table?

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Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis.

From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one of the foremost authorities in the fields of Forex and crypto trading. With a meticulous eye for detail and an unwavering commitment to excellence, Aayush honed his craft over the years, mastering the art of technical analysis and chart interpretation.
As a software engineer, Aayush harnesses the power of technology to optimize trading strategies and develop innovative solutions for navigating the volatile waters of financial markets. His background in software engineering has equipped him with a unique skill set, enabling him to leverage cutting-edge tools and algorithms to gain a competitive edge in an ever-evolving landscape.

In addition to his roles in finance and technology, Aayush serves as the director of a prestigious IT company, where he spearheads initiatives aimed at driving digital innovation and transformation. Under his visionary leadership, the company has flourished, cementing its position as a leader in the tech industry and paving the way for groundbreaking advancements in software development and IT solutions.

Despite his demanding professional commitments, Aayush is a firm believer in the importance of work-life balance. An avid traveler and adventurer, he finds solace in exploring new destinations, immersing himself in different cultures, and forging lasting memories along the way. Whether he’s trekking through the Himalayas, diving in the azure waters of the Maldives, or experiencing the vibrant energy of bustling metropolises, Aayush embraces every opportunity to broaden his horizons and create unforgettable experiences.

Aayush’s journey to success is marked by a relentless pursuit of excellence and a steadfast commitment to continuous learning and growth. His academic achievements are a testament to his dedication and passion for excellence, having completed his software engineering with honors and excelling in every department.

At his core, Aayush is driven by a profound passion for analyzing markets and uncovering profitable opportunities amidst volatility. Whether he’s poring over price charts, identifying key support and resistance levels, or providing insightful analysis to his clients and followers, Aayush’s unwavering dedication to his craft sets him apart as a true industry leader and a beacon of inspiration to aspiring traders around the globe.

In a world where uncertainty reigns supreme, Aayush Jindal stands as a guiding light, illuminating the path to financial success with his unparalleled expertise, unwavering integrity, and boundless enthusiasm for the markets.



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