Layer 2 tokens often derive their value from the Ethereum ecosystem, because they rely on Ethereum for security and the colonies. Each time the ETH price increases, confidence in the wider network increases, often increasing the demand for layer 2 solutions due to scalability needs. Conversely, the decrease in the prices of the ETH can reduce the activity and interest of investors through the ecosystem, which has an impact on tokens assessments in layer 2.. Here are some of these tokens, which await that the Ethereum price secures the levels above $ 3000 which could push the prices of these layers 2 beyond the down range.
Arbitrum (ARB)
Arbitrum is a layer 2 leader for Ethereum, designed to improve transaction speed and reduce costs using optimistic rolup technology. By discharging the calculation of the main Ethereum chain, it allows faster and cheaper applications while maintaining Ethereum safety. His native token, Arb, Powers Governance and his ecosystem incentives, is negotiated in the lowest price range and is waiting for the right time to trigger an escape.
The action of the historic prices of the arbitrum suggests that the price has reached the end of consolidation and therefore a break should be imminent. The token is an inch near the edge of the corner of the fall, while the RSI is also about to reach the lower threshold. This suggests that the ARB price, which is facing down pressure, should drop almost $ 0.25, which can trigger a rebound and test the highest beaches.
ZKSYNC (ZK)
ZKSYNC is a layer of layer 2 for Ethereum which uses zero knowledge rolls to provide fast and low cost transactions without compromising safety. By treating outside chain transactions and subjecting concise evidence to Ethereum, Zksync improves scalability. His native token, ZK, supports governance and encourages participation. Meanwhile, the ZK price should undergo a more lower action.
The recent ZK prices action suggests that certain sales pressure have still made ground, because the techniques suggest that the token could soon break support. The price is traded in a decisive symmetrical triangle and can lose support because the RSI has not yet marked the lower threshold. In addition, the Ichimoku cloud suggests a drop in the volume of purchase, causing withdrawal but after reaching the request area, a solid rebound at $ 0.1 is imminent.
Starknet (Strk)
Starknet is a layer of layer 2 for Ethereum which uses zero knowledge rolls based on a level of upgrade to generate high and low transaction costs. Developed by Starkware, it guarantees security by cryptographic evidence. His native token, Strk, is used for governance, jalitude and coverage of transactions. The token accumulates along the lower support and therefore a rebound could be imminent.
As shown in the graph above, the Strk price tests the lower support of the parallel canal. The price dropped below the 50 -day MA, which caused low -cost clouds to the crypto. The RSI is about to reach the lower threshold, which can attract significant liquidity that can help the price to trigger a rebound and go up above the 50-day MA and finally reach $ 0.2.
Optimism (OP)
Optimism is a layer of layer 2 for Ethereum which uses optimistic rollers to improve transaction speed and reduce gas costs. It inherits the safety of Ethereum while allowing greater scalability. The native token, op, Power Governance, finances the development of the ecosystem and supports upgrades of the protocol. Similar to other layers of layer 2, the OP price also tests the lower support, which refers to a rebound.
As mentioned earlier, the OP price tests the lowest level of support and is therefore supposed to trigger a rebound from now on. The DMI shows signs of the bullish inversion while the ADX goes towards the lower threshold which can trigger a rebound, which can also initiate a bullish crossing between the + Di & -Di. With this, the Ichimoku cloud can also undergo a bullish crossover which can raise the price of optimism above $ 1.
