{"id":44720,"date":"2023-08-05T02:28:39","date_gmt":"2023-08-05T06:28:39","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/crypto\/is-it-too-late-to-buy-optimism-op-price-rockets-up-as-coinbase-announces-base-launch-date-and-viral-meme-coin-shibie-is-the-next-crypto-to-explode\/"},"modified":"2023-08-05T02:28:41","modified_gmt":"2023-08-05T06:28:41","slug":"is-it-too-late-to-buy-optimism-op-price-rockets-up-as-coinbase-announces-base-launch-date-and-viral-meme-coin-shibie-is-the-next-crypto-to-explode","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=44720","title":{"rendered":"Is It Too Late to Buy Optimism? OP Price Rockets Up as Coinbase Announces Base Launch Date and Viral Meme Coin Shibie is the Next Crypto to Explode"},"content":{"rendered":"
\n

Ethereum layer-2 scaling solution Optimism (OP) has been on a multi-month climb as markets brace with anticipation for a huge upcoming Coinbase BASE listing.<\/p>\n

Coinbase’s decision to list BASE (an Ethereum layer-2 blockchain developed in-house by Coinbase) has ignited a frenzy in the markets for OP, with traders emboldened by the idea that BASE is built using Optimism-based technology.<\/p>\n

With BASE due to begin trading on Coinbase on August 9, OP could enjoy a significant rally over the next week in the run-up.<\/p>\n

OP Price Analysis: Will Optimism Skyrocket on BASE Listing?<\/strong><\/h2>\n

As hype grows in the crypto community, OP is trading high at a current price of $1.71 (a 24-hour change of -0.06%).<\/p>\n

This comes as OP faces milestone resistance from the $1.75 price level, which fuelled over 20 days of hard-fought resistance-testing back in May.<\/p>\n

Despite the ceiling of resistance, OP has undertaken an impressive run since the start of Summer, with OP value surging +65% since the start of June.<\/p>\n

Strong footing for this rally has come from the ascendent 20DMA, which carried the price up from $1.20 to $1.50 in July.<\/p>\n

The upside move has poised OP to reclaim critical support from the 200DMA (last seen May 8), with the 200DMA price level at $2.00 now forming a topside target ahead of the BASE listing.<\/p>\n

While technical structure is in good form, OP’s indicators provide more reason for caution.<\/p>\n

Optimism’s RSI has heated up dramatically throughout the OP rally, now stood with an overbought signal at 67.81.<\/p>\n

This bearish divergence suggests that OP price structure could be due a period of consolidation or retracement.<\/p>\n

However, the MACD remains bullish with a minor divergence to the upside at 0.015.<\/p>\n

Overall, with a perfect recipe of impressive fundamentals and strong technical structure, OP appears poised to surge – providing an alluring risk: reward profile.<\/p>\n

Upside potential is targeting a push above local resistance at $1.75 to reclaim the 200DMA at $2.00 (16.82%).<\/p>\n

Downside risk is limited with a nearby lower support level at $1.50 (-12.38%).<\/p>\n

This leaves OP’s risk: reward ratio at 1.36 – a reasonably good entry is market hype holds true.<\/p>\n

Barbenheimer Sends Shibie Presale Skyrocketing Towards $100,000<\/strong><\/h2>\n

There’s a new pup in town, and it’s gearing up to leave a paw print so indelible that you’ll be talking about it for years to come.<\/p>\n

Meet Shibie, the glamorous Shiba Inu-Barbie crossbreed ready to take the crypto space by storm – yes, you heard right. Hollywood’s blockbuster sensation Barbie and the ever-viral Shiba Inu have joined forces in the form of this disruptive token, set to redefine the meme coin space.<\/p>\n

Without wasting a second, the Shibie presale is on with almost $100,000 already raised, and with 60% of supply on offer, tokens are priced at an alluring $0.000167, there’s simply no time to waste.<\/p>\n

Remember, we’re talking about raising a small seed funding round of $999,999, which could sell out in the blink of an eye considering the buzz around Shibie. So, make your move, and make it fast.<\/p>\n

How Shibie Will Unlock Lucrative CEX Listings in the Near Future<\/strong><\/h2>\n

With 1,000x gains or even more on the horizon, Shibie is set to outshine even the brightest stars in the crypto market.<\/p>\n

What sets Shibie apart is its unique fusion of two cultural icons \u2013 the Shiba Inu and Barbie, creating an alluring charm that’s hard to resist.<\/p>\n

This playful union of whimsy and glamor, encapsulated in a single token, is sure to captivate audiences and break boundaries as Barbie smashes the 15-year old box office record.<\/p>\n

Dedicated to creating a diverse and inclusive community, the Shibie team has allocated 20% of the $SHIBIE token supply to DEX liquidity and 10% to centralized exchange (CEX) liquidity.<\/p>\n

This strategy ensures smooth trading conditions right from its initial launch while widening $SHIBIE’s reach.<\/p>\n

<\/oembed><\/figure>\n

With a massive marketing drive in the pipeline, Shibie is all set to make headlines.<\/p>\n

The team’s strong focus on liquidity and clever marketing ensures a vibrant presence across various media platforms, making Shibie the talk of the town.<\/p>\n

Be a part of the Shibie revolution \u2013 seize the opportunity, invest in the presale, and make your mark in the crypto meme coin vertical.<\/p>\n

Buy SHIBIE Here<\/strong><\/p>\n

Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.<\/sup><\/i><\/p>\n<\/p><\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Ethereum layer-2 scaling solution Optimism (OP) has been on a multi-month climb as markets brace with anticipation for a huge upcoming Coinbase BASE listing. Coinbase’s decision to list BASE (an Ethereum layer-2 blockchain developed in-house by Coinbase) has ignited a frenzy in the markets for OP, with traders emboldened by the idea that BASE is […]<\/p>\n","protected":false},"author":1,"featured_media":44721,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[243],"tags":[83],"class_list":["post-44720","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto","tag-featured"],"yoast_head":"\nIs It Too Late to Buy Optimism? 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