Optimism (OP)’s on-chart data is expressing bullish behavior and data shows that it has the opportunity to rise much further. It gained good performance during the past week, and this implies that a stable upward direction could occur soon. Pullix (PLX) recently advanced into Stage 6 of its presale, raising over $3.6 million in the process by selling millions of tokens. We will jump into the price performance of both cryptocurrencies to truly see just how far they can rise.
Optimism (OP) Can Surge Above $6 if It Maintains This Key Price Level
Optimism (OP) has showcased an on-chart performance that indicates a bullish level of momentum. This crypto is now pushing hard towards staying above the $4 price range. The overall structure is bullish as the Optimism price is making higher highs and higher lows. Moreover, if the demand for OP altcoin increases dramatically. The asset’s price could bounce back from the current level and could surpass the weak high as well.
The next objective that the Optimism crypto needs to achieve is a climb to the $5 level. If this occurs, a bullish characteristic on the MACD line indicates further upswings. According to the Optimism price prediction, it can end in 2024 at a value of $6.51.
Pullix (PLX) to Improve Liquidity in TradFi and Offer Innovative Features
Pullix (PLX) is an upcoming trading platform that can change how users access TradFi by solving the biggest issues in the industry, which have historically hindered its mainstream adoption. Through the platform, users will be able to access a lot of features and even contribute to the ecosystem as a whole.
Pullix Swap will play a major role in this. It will feature a fee of 0.25%. This can occur with every exchange that happens on the platform. The amount gained will be added t o the Pullix Pool in the form of LP tokens. This way, the platform can sell them, and PLX will be adequately distributed to PullixLP holders.
The transactions will occur through the off-chain order book. This can directly result in much quicker processing speeds. Pullix can also support CFDs and perpetual futures and even has a dedicated vault.
Alongside all of this, users will not need to undergo any mandatory KYC requirements. The platform will also resolve the onboarding issues and will be open to anyone. There will not be any central point of failure, and users can maintain full control over their private keys. Holders of PLX can also be involved in the governance process and can essentially make suggestions as to which assets will be added to the platform in the future.
Summary
Optimism can see a major upswing if it manages to maintain its current momentum, as bulls clearly have control of the market. On the flip side, Pullix can see a major rally soon fueled by interest in its blockchain ICO.
The PLX token trades at $0.08 during Stage 6, and can surge as high as 100x based on analyst expectations. This growth will be fueled by its vast ecosystem and overall offering, alongside the bullish sentiment filled across the broader altcoin market currently.
For more information regarding Pullix’s presale see links below:
