Trump's Tariff Delay Boosts Tech Stocks Amid Market Rally

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: Jan 24 2026

Should l Buy OP?

Market Recovery: On January 22, 2026, President Trump's tariff delay announcement led to significant market volatility, resulting in a notable rally in traditional stock markets, showcasing their resilience amid economic uncertainties.
Tech Stocks Surge: The delay in tariffs positively impacted tech stocks like Meta and Nvidia, which showed remarkable performance, driving the market upward, with analysts expecting continued growth in tech sectors reflecting investor optimism.
Investor Confidence Boost: The rise in major market indices indicates a rebound in investor confidence, with analysts highlighting easing geopolitical tensions and positive economic forecasts as key drivers of market sentiment.
Historical Trends Reemerge: Historical data shows that tech stocks typically rally when geopolitical tensions ease, with Kanalcoin experts noting the significant impact of policy decisions on market trends, identifying Meta as a buying opportunity due to its revenue growth and efficiency gains.

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Technical Analysis for OP

Technical Sentiment Analysis for Optimism (OP) As of , Optimism (OP) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for OP stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, OP is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.

Optimism (OP) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	0.0498	0.104	0.156	0.21	0.262	0.316	0.368
Fibonacci	0.104	0.144	0.169	0.21	0.25	0.276	0.316

About OP

Optimism (OP) is a layer-two blockchain on top of Ethereum. Optimism benefits from the security of the Ethereum mainnet and helps scale the Ethereum ecosystem by using optimistic rollups. That means transactions are trustlessly recorded on Optimism but ultimately secured on Ethereum.Optimism is one of the biggest scaling solutions for Ethereum with over $500 million in TVL. It is home to 97 protocols, the biggest being Synthetix (SNX), a derivatives exchange, Uniswap (UNI), a DEX, and Velodrome (VELO), an AMM. Users can begin their journey on Optimism by adding the chain on their Metamask and bridging tokens like ETH to the L2. On May 31, 2022, Optimism conducted a highly anticipated airdrop of its OP token.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

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