{"id":217392,"date":"2023-12-22T17:20:48","date_gmt":"2023-12-22T11:50:48","guid":{"rendered":"https:\/\/dripp.zone\/news\/crypto-price-prediction-for-december-22-op-rose-arb-crypto-news\/"},"modified":"2023-12-22T17:20:51","modified_gmt":"2023-12-22T11:50:51","slug":"crypto-price-prediction-for-december-22-op-rose-arb-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/crypto-price-prediction-for-december-22-op-rose-arb-crypto-news\/","title":{"rendered":"Crypto Price Prediction For December 22: OP, ROSE, ARB &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"post-170768\">\n<p>\nCrypto Price Prediction: With Bitcoin price leading the market back to the recovery track, altcoins like OP, ROSE, and ARB have shown the highest growth since yesterday.\t\t\t\t<\/p>\n<p><!--\n     \n\n<div class=\"marketThumbs\">\n             <noscript><img width=\"1200\" height=\"800\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2023\/12\/iStock-crypto.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"Crypto Price Prediction\" decoding=\"async\" fetchpriority=\"high\" srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2023\/12\/iStock-crypto.jpg 1200w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/12\/iStock-crypto-300x200.jpg 300w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/12\/iStock-crypto-768x512.jpg 768w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/12\/iStock-crypto-150x100.jpg 150w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/12\/iStock-crypto-272x182.jpg 272w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/noscript><\/div>\n\n\n--><\/p>\n<p class=\"MarketsUp f-14 d-block\">  Published 13 seconds ago <\/p>\n<div class=\"Atcs\">\n<p><span style=\"font-weight: 400;\">Crypto Price Prediction: The crypto market witnessed a <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/us-pce-inflation-heres-why-bitcoin-crypto-market-rising-today-ahead-key-data\/\">bullish upswing<\/a> this week as we near 2024 with high confidence toward the potential approval of <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/btc-spot-etf-theories-emerge-about-secs-potential-conditional-green-light\/\">Bitcoin spot ETF<\/a>. The top two leading crypto Bitcoin and Ethereum affirmed the positive sentiment with an 8-10% weekly gain.<\/span><\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.72.1 --><\/p>\n<p><span style=\"font-weight: 400;\">The global crypto market cap has reached $1.66 trillion, marking a 1.01% rise from the previous day. Additionally, the total volume of cryptocurrency transactions in the last 24 hours has surged to $75.86 billion, representing a significant increase of 6.91%<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Amid this bounce, some selective tokens like Optimism (OP), Oasis Network(ROSE), and Arbitrum (ARB) have recorded the highest jump in the last 24 hours.<\/span><\/p>\n<p>Also Read: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/bitcoin-spot-etf-launch-to-not-deter-microstrategy-investors-asserts-michael-saylor\/\">Bitcoin Spot ETF Launch To Not Discourage MicroStrategy Investors, Asserts Michael Saylor<\/a><\/p>\n<h2><b>Optimism Price Analysis: $OP Leads Sustained Recovery in Tandem with Rising Network Activity<\/b><\/h2>\n<figure style=\"width: 1946px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"Optimism Price Analysis\" width=\"1946\" height=\"893\" data-lazy-src=\"https:\/\/s3.tradingview.com\/snapshots\/q\/QeMna5zA.png\"\/><noscript><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/s3.tradingview.com\/snapshots\/q\/QeMna5zA.png\" alt=\"Optimism Price Analysis\" width=\"1946\" height=\"893\"\/><\/noscript><figcaption class=\"wp-caption-text\">Optimism Price Analysis| TradingView Chart<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">Leading Layer 2 (L2) network <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/markets\/optimism-price-prediction-as-op-exits-200-day-accumulation\/\">Optimism (OP) coin<\/a> entered a strong recovery mode in mid-October when the price rebounded from the $1.5 mark. Over the past two months, this recovery has showcased 151% to reach the current trading price of $2.89.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">While this rally supported by increasing volume shows the dominant nature of buyers, the constant growth in the number of addresses gives an additional boost to bullish sentiment. A recent post from <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/x.com\/intotheblock\/status\/1737815556726661264?s=20\">Intotheblock in X platform<\/a> highlighted \u201cThe network currently counts over 5.9 million addresses with a balance, up 391% from 1.2 million in January! <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Such steady growth projected in this metric gives a signal of increasing user engagement and adoption levels.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">With a 16% intraday gain, the OP price breaks another key resistance, paving the way for a further rally. If the daily candles give a closing above the breached resistance, the buyers may drive the prices another 16% to hit a 10-month high of $3.29.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Furthermore, the 20-and-50-day <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/education\/exponential-moving-average-how-to-leverage-it-in-crypto-market\/\">EMA<\/a> can provide strong pullback support in case of occasional correction.<\/span><\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.72.1 --><\/p>\n<h2><b>Oasis Network Price Analysis: Key Resistance Breakout Sets 16.5% Jump Ahead<\/b><\/h2>\n<figure style=\"width: 1946px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"Oasis Network Price Analysis\" width=\"1946\" height=\"893\" data-lazy-src=\"https:\/\/s3.tradingview.com\/snapshots\/v\/VR7JrIAN.png\"\/><noscript><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/s3.tradingview.com\/snapshots\/v\/VR7JrIAN.png\" alt=\"Oasis Network Price Analysis\" width=\"1946\" height=\"893\"\/><\/noscript><figcaption class=\"wp-caption-text\">Oasis Network Price Analysis| TradingView Chart<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\"> The Oasis Network(ROSE) token has been under strong recovery since late October, showing a jump from $0.0396 to $0.118, registering 198.9% growth. However, recovery achieved a significant milestone on 14th December, when the price breached the $0.085 neckline resistance of the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/glossary\/double-bottom-pattern\/\">Double Bottom Pattern<\/a>.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Completion of this bullish reversal pattern gave a strong signal of trend reversal. Today with an intraday gain of 7%, the buyers provide a bullish breakout from another key resistance. This breakout backed by strong volume and recovery sentiment in the market, reflects a higher potential of prolonged rally.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Thus, if the altcoin shows sustainability above this $0.085 mark, the buyers may lead 16.85% to hit the predetermined target of a double bottom pattern at $0.1376.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The momentum indicator <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/glossary\/rsi-relative-strength-index\/\">RSI<\/a> at 75% accentuates a suitable bullish momentum for a price rally.<\/span><\/p>\n<h2><b>Arbitrum Price Analysis: Bullish Reversal Pattern Hints a Rally Beyond $1.5<\/b><\/h2>\n<figure style=\"width: 1946px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"Arbitrum Price Analysis\" width=\"1946\" height=\"893\" data-lazy-src=\"https:\/\/s3.tradingview.com\/snapshots\/x\/XQOFJtw6.png\"\/><noscript><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/s3.tradingview.com\/snapshots\/x\/XQOFJtw6.png\" alt=\"Arbitrum Price Analysis\" width=\"1946\" height=\"893\"\/><\/noscript><figcaption class=\"wp-caption-text\">Arbitrum Price Analysis| TradingView Chart<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">Over the past seven months, the Arbitrum (ARB) coin has traded majorly sideways below $1.35. However, a look at the daily timeframe chart showed this consolidation as the formation of a bullish reversal pattern called an inverted head and shoulder pattern.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This reversal pattern commonly spotted at the end of a downtrend indicates increasing accumulation and early signs of trend reversal. By press time, the ARB price traded at $1.13, and with an intraday gain of 13.4%, it gave a decisive breakout from the neckline resistance of the aforementioned pattern.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">A successful candle closing above this barrier would provide the buyers a suitable support to carry a 38% recovery to hit the April 2023 high of $1.82.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">An uptick in the daily ADX(Average Directional Index) slope at the 15% mark indicates the buyers have sufficient steam to prolong a bullish rally.<\/span><\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.72.1 --><\/p>\n<h3>Related Articles:<\/h3>\n<\/p><\/div>\n<div class=\"MarketBottm\">\n<div class=\"Socilsm\">\n<p>\n                    Share this article on:<\/p>\n<div class=\"LinksSo\">\n                    <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.me\/share\/url?url=https:\/\/coingape.com\/markets\/crypto-price-prediction-today-december-22-op-rose-arb\/&#038;text=Crypto Price Prediction For December 22: OP, ROSE, ARB\" class=\"TeleS\"><i class=\"fa fa-paper-plane-o\"\/><\/a><br \/>\n                    <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/api.whatsapp.com\/send?text=https:\/\/coingape.com\/markets\/crypto-price-prediction-today-december-22-op-rose-arb\/\" data-action=\"share\/whatsapp\/share\" class=\"TeleSwp\"><i class=\"fa fa-whatsapp\"\/><\/a><br \/>\n                    <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/share?url=https:\/\/coingape.com\/markets\/crypto-price-prediction-today-december-22-op-rose-arb\/\" class=\"tw_new_logo\"><br \/>\n<img loading=\"lazy\" decoding=\"async\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" class=\"mb-1\" alt=\"coingape\" width=\"18\" height=\"18\" data-lazy-src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/08\/14164721\/x-logo.png\"\/><noscript><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/08\/14164721\/x-logo.png\" class=\"mb-1\" alt=\"coingape\" width=\"18\" height=\"18\"\/><\/noscript><br \/>\n<\/a><br \/>\n                    <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer\/sharer.php?u=https:\/\/coingape.com\/markets\/crypto-price-prediction-today-december-22-op-rose-arb\/\" class=\"TeleSFb\"><i class=\"fa fa-facebook\"\/><\/a>\n                    <\/div>\n<\/p><\/div>\n<\/div>\n<div class=\"TabDicA\">\n<div class=\"TBAcon \">\n<div class=\"authorFlip tabcS\" id=\"TabA170768\">\n<div class=\"authorBox\">\n<div class=\"author_Name\">\n<!--\n                                      \n\n<div class=\"getAuthoname\">\n                                          \n                                                                                 \n                                       <\/div>\n\n \n--><\/p>\n<p>Sahil is a dedicated full-time trader with over three years of experience in the financial markets. Armed with a strong grasp of technical analysis, he keeps a vigilant eye on the daily price movements of top assets and indices. Drawn by his fascination with financial instruments, Sahil enthusiastically embraced the emerging realm of cryptocurrency, where he continues to explore opportunities driven by his passion for trading                         <\/p>\n<\/p><\/div>\n<div class=\"author_Image\">\n                                             <img loading=\"lazy\" alt=\"\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" data-lazy-srcset=\"https:\/\/secure.gravatar.com\/avatar\/a533fdcf650a1d3d3b6a452bcef2d18a?s=400&#038;d=mm&#038;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\" data-lazy-src=\"https:\/\/secure.gravatar.com\/avatar\/a533fdcf650a1d3d3b6a452bcef2d18a?s=200&#038;d=mm&#038;r=g\"\/><noscript><img loading=\"lazy\" alt=\"\" src=\"https:\/\/secure.gravatar.com\/avatar\/a533fdcf650a1d3d3b6a452bcef2d18a?s=200&#038;d=mm&#038;r=g\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/a533fdcf650a1d3d3b6a452bcef2d18a?s=400&#038;d=mm&#038;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\"\/><\/noscript>                                       <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"TabDesCm tabcS\" id=\"TabD170768\">\n<p>  The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.<\/p>\n<\/div><\/div>\n<\/p><\/div>\n<p>     <!--           <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/category\/price-analysis\/\" class=\"closeArticle2 close-btn\">Close Story<\/a>--><\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Crypto Price Prediction: With Bitcoin price leading the market back to the recovery track, altcoins like OP, ROSE, and ARB have shown the highest growth since yesterday. Published 13 seconds ago Crypto Price Prediction: The crypto market witnessed a bullish upswing this week as we near 2024 with high confidence toward the potential approval of [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":211903,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[188,183,185,186,187,184,189,150,182,190],"class_list":["post-217392","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-blockchain-tech","tag-blockchain-technology","tag-crypto-technology","tag-cryptocurrency-technology","tag-metaverse-technology","tag-nft-technology","tag-soul-bound-token","tag-tech","tag-technology","tag-token-technology"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/217392","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=217392"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/217392\/revisions"}],"predecessor-version":[{"id":217393,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/217392\/revisions\/217393"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/211903"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=217392"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=217392"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=217392"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}