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Optimism set for a 70% surge? Key resistance to trigger massive breakout!

AMBCrypto LogoAMBCrypto11h ago

Optimism set for a 70% surge? Key resistance to trigger massive breakout! - AMBCrypto

Quick Summary:

Optimism eyes a 70% rally as bullish divergence points to a breakout past 3000 sats.

Historically, negative netflows like this often correlate with periods of price accumulation as investors hold onto their assets rather than selling them.

The Moving Average Convergence Divergence (MACD) is signaling a potential bearish crossover, which indicates weakening bullish momentum.

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Optimism set for a 70% surge? Key resistance to trigger massive breakout! - AMBCrypto (Picture 1)Optimism set for a 70% surge? Key resistance to trigger massive breakout! - AMBCrypto (Picture 2)

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Article Details

Author / Journalist: Olivia Stephanie

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-02 @ 05:00:29 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: ambcrypto.com

Language: English

Article Length: 644 words

Reading Time: 4 minutes read

Sentences: 41 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © AMBCrypto

News ID: 22845448

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About AMBCrypto

AMBCrypto Logo

Main Topics: Crypto

Official Website: ambcrypto.com

Update Frequency: 22 posts per day

Year Established: 2018

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #103

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The story "Optimism set for a 70% surge? Key resistance to trigger massive breakout!" was covered 11 hours ago by AMBCrypto, a news publisher based in United States.

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AMBCrypto is a fully independent (privately-owned) news outlet established in 2018 that covers mostly crypto news.

The outlet is headquartered in United States and publishes an average of 22 news stories per day.

It's most recent story was published 9 hours ago.

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  • URL: https://beamstart.com/news/optimism-set-for-a-70-17278455755931

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