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Cryptocurrencies Price Prediction: Optimism, Litecoin & Dogecoin — Asian Wrap 25 April

Cryptocurrencies Price Prediction: Optimism, Litecoin & Dogecoin — Asian Wrap 25 April
FXStreet TeamFXStreet TeamFXStreet

Optimism price could rally 25% amid this big move by VC in DeFi and TradFi spaces

Optimism price (OP) engaged a gains-shedding gear in mid-April as bears took over the market following waning bullish momentum. However, bulls appear to have regained control in the New York trading session, commencing what appears to be the beginning of a trend reversal. This comes amid ongoing network hype after venture capital firm (VC) Andreessen Horowitz (a16z) disclosed plans to work on an Optimism-based rollup application christened Magi.

Litecoin price gives LTC bulls a chance to accumulate before a return to triple-digit levels

Litecoin price (LTC) appears to have decoupled from Bitcoin (BTC) and the general slump in the broader market. The move comes as LTC tries to solidify the uptrend currently being mapped ahead of the August 3 halving, which will drop its block reward from 12.5 to 6.25.

DOGE holders try to protect the meme coin as Dogecoin price falls back to where it was a month ago

Dogecoin price took quite a hit over the last few days as the meme coin followed in the footsteps of the leader of cryptocurrencies, Bitcoin. However, surprisingly, DOGE investors did not jump shit and claim whatever profits they could but instead stood firmly to prevent a major crash.

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FXStreet Team

Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

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