OptimismFoundation
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Optimism OP Became Optimistic Again
Hello, Skyrexians!
We continue analyze altcoins with big potential for the bull market. Couple of days ago we have already observed another one layer 2, today it's time for $OP . Price of this crypto formed very interesting formation which can confuse most of traders. We analyzed it using the combination of Elliott waves analysis with our algorithmic indicators. Hope it will give you enough knowledge to make your own decision.
On the price chart you can see the weekly time frame. We can consider all movements as the large accumulation zone because Optimism appeared in the most severe stage of past bear market. Its first growth is more likely to be the wave 1. After that we can see almost the same formation as for Arbitrum. This is the irregular correction in the wave 2, which consists of ABC waves.
Wave C is likely to be finished. It touched the 0.61 Fibonacci retracement zone and Bullish/Bearish Reversal Bar Indicator [Skyrexio] printed the green dot. This is very high probability long setup. You can see earlier on the chart that this indicator flashed the red dot and after that we have see the huge bearish wave. We need to pay attention to its signals.
The next potential move is the global wave 3. It can happen very fast and the target for it is defined by the Fibonacci extension. This is the zone between $7.71 and $11.68. Lower band of the zone is almost 10x from the current price.
Best regards,
Skyrexio Team
___________________________________________________________
Please, boost this article and subscribe our page if you like analysis!
#Optimism #OptimismFoundation #CryptocurrencyCulture
We continue analyze altcoins with big potential for the bull market. Couple of days ago we have already observed another one layer 2, today it's time for $OP . Price of this crypto formed very interesting formation which can confuse most of traders. We analyzed it using the combination of Elliott waves analysis with our algorithmic indicators. Hope it will give you enough knowledge to make your own decision.
On the price chart you can see the weekly time frame. We can consider all movements as the large accumulation zone because Optimism appeared in the most severe stage of past bear market. Its first growth is more likely to be the wave 1. After that we can see almost the same formation as for Arbitrum. This is the irregular correction in the wave 2, which consists of ABC waves.
Wave C is likely to be finished. It touched the 0.61 Fibonacci retracement zone and Bullish/Bearish Reversal Bar Indicator [Skyrexio] printed the green dot. This is very high probability long setup. You can see earlier on the chart that this indicator flashed the red dot and after that we have see the huge bearish wave. We need to pay attention to its signals.
The next potential move is the global wave 3. It can happen very fast and the target for it is defined by the Fibonacci extension. This is the zone between $7.71 and $11.68. Lower band of the zone is almost 10x from the current price.
Best regards,
Skyrexio Team
___________________________________________________________
Please, boost this article and subscribe our page if you like analysis!
#Optimism #OptimismFoundation #CryptocurrencyCulture
#WorldCoin. #OptimismFoundation #Ethereum✅ #Optimisim
Worldcoin is slowly and softly banning/suspending accounts.They are soft banning a lot of accounts in a whim.I guess they start to limit the number of people who can claim the grants.At first they promised to give a share but now even the share part doesn't work for all people.
Worldcoin is slowly and softly banning/suspending accounts.They are soft banning a lot of accounts in a whim.I guess they start to limit the number of people who can claim the grants.At first they promised to give a share but now even the share part doesn't work for all people.
🚀 Top Project's Total Revenue:
Top Performers (7 Days):
1️⃣ #Ethereum (ETH): $41.82M revenue (+38.94%)
2️⃣ #TRON (TRX): $29.39M (-12.14%)
3️⃣ #Uniswap (UNI): $25.05M (+27.15%)
Top Performers (30 Days):
1️⃣ #TRON (TRX): $132.68M (+6.17%)
2️⃣ ETHEREUM (ETH): $120.48M (-46.75%)
3️⃣ #Lido DAO (LDO): $86.04M (-6.93%)
Biggest Gainers (7 Days):
#OptimismFoundation (OP): +104.84%
ETHENA (ENA): +61.50%
MAKER (MKR): +54.91%
Biggest Gainers (30 Days):
TRON (TRX): +6.17%
#PancakeSwap (CAKE): +1.15%
Top Performers (7 Days):
1️⃣ #Ethereum (ETH): $41.82M revenue (+38.94%)
2️⃣ #TRON (TRX): $29.39M (-12.14%)
3️⃣ #Uniswap (UNI): $25.05M (+27.15%)
Top Performers (30 Days):
1️⃣ #TRON (TRX): $132.68M (+6.17%)
2️⃣ ETHEREUM (ETH): $120.48M (-46.75%)
3️⃣ #Lido DAO (LDO): $86.04M (-6.93%)
Biggest Gainers (7 Days):
#OptimismFoundation (OP): +104.84%
ETHENA (ENA): +61.50%
MAKER (MKR): +54.91%
Biggest Gainers (30 Days):
TRON (TRX): +6.17%
#PancakeSwap (CAKE): +1.15%
#OptimismFoundation https://earnmoneywithrind.blogspot.com/2024/04/wahat-is-spot-dca-trading-strategy-in.html
Optimism is launching a new Retro Funding round to reward contributors to the OP Stack. 8 million OP tokens will be distributed across Ethereum Core Contributions, OP Stack R&D, and OP Stack Tooling.
The voting process will involve expert groups and KYC verification. Grants will be streamed over 100 days.
#Optimism #OptimismTrading $OP #ETH_ETFs_Trading_Today #Bitcoin_Coneference_2024 #OptimismFoundation
The voting process will involve expert groups and KYC verification. Grants will be streamed over 100 days.
#Optimism #OptimismTrading $OP #ETH_ETFs_Trading_Today #Bitcoin_Coneference_2024 #OptimismFoundation
#Write2Erarn
buying zone for Alts
Cmp
61500
58200
54300
Alts for gain
#ldofinance
#MANTA/USDT
#ARB/USDT.
#OptimismFoundation
buying zone for Alts
Cmp
61500
58200
54300
Alts for gain
#ldofinance
#MANTA/USDT
#ARB/USDT.
#OptimismFoundation
HELLO EVERYONE👋👋
OP/USDT
TP1✅
TP2✅
2 tp's have been triggered successfully alhamdulillah❤️
$OP
#TON #DOGSONBINANCE #TelegramCEO #CryptoMarketMoves #OptimismFoundation
OP/USDT
TP1✅
TP2✅
2 tp's have been triggered successfully alhamdulillah❤️
$OP
#TON #DOGSONBINANCE #TelegramCEO #CryptoMarketMoves #OptimismFoundation
Optimism Foundation disables permissionless fraud proofs
#OptimismFoundation has temporarily disabled its permissionless fraud proofs, a system designed to let all users contest transactions on its #layer2 network. This decision follows security audits that uncovered several bugs, including two high-severity issues. The network will revert to a permissioned state as a precaution.
The Foundation plans a hard fork, named #Granite , scheduled for September 10, to address these vulnerabilities.
#OptimismFoundation has temporarily disabled its permissionless fraud proofs, a system designed to let all users contest transactions on its #layer2 network. This decision follows security audits that uncovered several bugs, including two high-severity issues. The network will revert to a permissioned state as a precaution.
The Foundation plans a hard fork, named #Granite , scheduled for September 10, to address these vulnerabilities.
🛠️ Optimism recently addressed critical security issues on its experimental network after Offchain Labs pointed out flaws, allowing potential attackers to manipulate the network's history and launch sophisticated attacks.
🔍 Offchain Labs initially alerted Optimism about serious flaws in its fraud-proof mechanism, which could have compromised the network's integrity. Despite being competitors, Offchain Labs assisted by identifying and reporting these vulnerabilities.
🤝 This cooperation underscores the importance of collaboration in the blockchain sector for ensuring collective safety and technology advancement. It highlights the significance of testnets in identifying and fixing security gaps before full-scale launch.
🔒 After receiving the warning, Optimism took several weeks to refine its system, enhancing the code to safeguard against vulnerabilities, particularly in handling timing mechanisms.
💡 The incident emphasizes the complexity of crafting secure fraud-proof protocols and showcases the industry's commitment to developing dependable blockchain systems.
#Optimisim #OptimismFoundation
🔍 Offchain Labs initially alerted Optimism about serious flaws in its fraud-proof mechanism, which could have compromised the network's integrity. Despite being competitors, Offchain Labs assisted by identifying and reporting these vulnerabilities.
🤝 This cooperation underscores the importance of collaboration in the blockchain sector for ensuring collective safety and technology advancement. It highlights the significance of testnets in identifying and fixing security gaps before full-scale launch.
🔒 After receiving the warning, Optimism took several weeks to refine its system, enhancing the code to safeguard against vulnerabilities, particularly in handling timing mechanisms.
💡 The incident emphasizes the complexity of crafting secure fraud-proof protocols and showcases the industry's commitment to developing dependable blockchain systems.
#Optimisim #OptimismFoundation
