A respected analyst has expressed optimism about the future of Ethereum layer-2 altcoins, specifically mentioning Arbitrum (ARB), Injective (INJ), and Optimism (OP). The analyst believes that if ARB can break its immediate resistance at $1.70, it has the potential for a significant upward movement. INJ, on the other hand, is already in price discovery mode with no remaining resistance to hinder its growth. The analyst suggests that INJ is a strong buy, particularly if it dips below $30. Similarly, OP has broken its previous all-time high and is expected to enter price discovery soon. The analyst advises considering OP as a potential investment, as it may continue to rise after some consolidation.
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Top Analyst Flips Bullish on Ethereum Layer-2 Altcoin, Says Clear Skies Ahead for One DeFi Crypto
