Ethereum's Merge EIP-4844 can Boost OP to 4.44$Is good to have like minded cool friends and Cryptonite Clark is exactly that to me.
''Professor,
Just reading about Ethereum's next merge, EIP-4844, that's happening later in the year. The main beneficiaries are Layer 2s (www.coingecko.com), as it will reduce the cost of rollups, which they rely on. There's likely to be a "Layer 2 narrative" leading up to it, and ETH will probably recover lost ground against BTC. ARB and OP are top picks.''
I did my research and he is absolutely right. Then again I do prefer OP vs ARB so here we go with an updated OP chart:
Price is behaving nicely and a breakout over 1.60$ is my expectation for next.
From there it's destination 2.33 which offers a nice trade with excellent R/R since risk (SL) is over 1.3 and reward (TP) lies alomost 4 times higher.
Then again there is the ALTs possibility for Bullish scenario which can get the price to 4.44$:
One Love,
the FXPROFESSOR
Awesome OP news: Coinbase's Base to adhere to Optimism's open neutrality framework Link: www.theblock.co
