This indicates that the OP market is in a SELL position. The 0.40-0.60 price levels proved to be an excellent accumulation range for traders or. The Relative Strength Index (RSI) momentum oscillator is a popular indicator that signals whether a cryptocurrency is oversold (below 30) or overbought (above 70). According to Coinmarketcap Optimism (OP) crypto is now rank 84 and has a market capital of 447 million. By December 2023, 2024, Optimism's short-term 50-Day SMA shows a $1.72. The price of Optimism is currently running below the 50-day simple moving average (SMA) and it shows a Buy signal.Īccording to all technical indicators, the 200-day SMA will drop soon, and the price will hit $1.46 by the end of December. for the last 326 days, since December 31, 2023, SMA has shown a Optimism Buying signal. According to our forecast, this is not the right time to Buy Optimism.Ĭurrently, Optimism is trading below the 200 simple moving average. Currently, all indicators are indicating Bullish zone, and the fear & greed index shows 38.66 extreme fears. Based on the Optimism historical price data, we predict the Optimism price could be 1.7954 USD at the end of the year 2024. Due to this, we can get except a slight recovery in the coming month.īy the end of December, the value of Optimism increased by 113.17% and reached near around $4.78. Additionally, in the last day, 117,932,086.36 worth of OP has been traded. The amount of Optimism traded has fallen by 12,688,152.53 in the last 24 hours, which is a 10.76 decrease. With a circulating supply of 880,917,403 OP, it means that Optimism has a total market cap of 1,276,202,265.75. Over the last 30 days, Optimism has increased by 30.16%. The current price of Optimism is 1.45 per OP. See the exact Optimism price prediction below you will know how much Optimism is worth in the coming months and years. On December 14, 2023, almost all technical analysis indicators signalled bullish signals, while other indicators signalled bearish signals, indicating a general Bullish sentiment among Optimism price predictions. The rise in the bullish activity could intensify with. In the coming days, the market conditions are speculated to become slightly favorable to bulls, as the prices may begin with a minor upswing. Our Optimism forecast, it's good to Buy Optimism right now. The OP price has been bearish for most of the year 2023, nullifying a couple of bullish impacts over the token. ![]() ![]() All technical indicators indicate that the current sentiment is Bullish, while the Fear & Greed Index is reading 38.66, which means extreme fear. According to our current Optimismprice prediction, the value of Optimism will increased by 233.91%, reaching $8.03 by end of 2025.
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