Optimism OP
Current Price
$0.1206 -1.09%
$0.0131 Daily Range (10.87%)
$0.1117$0.1248
$111.01M Daily Volume
1,355 BTC
Vol/MktCap: 40.04%
Market Performance
0.26% Relative BTC Volume
The total volume of Optimism is $111.01M over the past 24 hours, compared to $42.66B total Bitcoin volume.
Hourly Moving Average
8 SMA $0.1176 +2.56%
13 SMA $0.1191 +1.22%
21 SMA $0.1202 +0.29%
55 SMA $0.1223 -1.39%
144 SMA $0.1295 -6.90%
Price Performance
+1.39% 1 Hour Change
$0.1206 from $0.1189
-7.41% 7 Day Change
-$0.0089 from $0.1295
-9.79% 14 Day Change
-$0.0118 from $0.1324
+12.55% 30 Day Change
$0.0151 from $0.1054
All Time High
March 6, 2024
$4.84 -97.51%
-$4.72 vs. now
24H Change
-3.41M USD -1.22%
-42 BTC
Volume and Supply
Total Supply: 4.29B OP 
2.30B OP Available53.54% circulating A lower circulating supply may increase over time, reducing scarcity and potentially causing a drop in price. A higher circulating supply is less susceptible to dilution, offering the potential for a more stable price long-term.
Relative Supply Ratio
213.73 x BTC Supply214:1 supply ratio
RSR reflects potential differences in tokenomics, such as inflation rates, utility, or burn mechanisms, which can impact long-term value and scarcity.
Relative Trade Volume
939.06M OP
traded over past 24 hours
40.84% of circulating supply
A higher trade volume relative to market cap indicates strong market activity and liquidity, while a lower ratio may suggest reduced interest, lower liquidity, or potential price stagnation.
Conversion Tool
Optimism AI Market Analysis
Overall rating: Hold. Optimism’s short-term evidence is more bearish than bullish, with losses over the past 7 and 14 days and price below most supplied moving averages, but the positive 30-day change and position above the shortest moving average argue against a clear sell signal.
OP is priced at $0.11931, down 3.07% over 24 hours. It is about 58% of the way from the 24-hour low of $0.111658 to the high of $0.12476, so it is not currently at either edge of the reported range.
The moving averages show mixed but generally weak near-term positioning. Price is 1.53% above the 8-hour SMA at $0.1175, but below the 13-, 21-, 55-, and 144-hour SMAs by 0.36%, 0.96%, 2.75%, and 7.94%, respectively.
Being above the 8-hour average is a modest positive, suggesting some short-term price resilience. However, trading below all four longer listed averages, particularly the 144-hour average, indicates that the broader moving-average picture remains unfavorable; the short average alone is not enough to establish a stronger reversal.
The 1-hour RSI is 45 and the 7-day RSI is 46. Both readings are below 50 but not near an extreme, which supports a mildly weak-to-neutral momentum assessment rather than a strong oversold rebound signal.
Returns also conflict by timeframe: OP is down 6.97% over 7 days and 9.65% over 14 days, but up 12.4% over 30 days. The positive monthly result provides meaningful counterevidence to the recent decline, while the shorter-period losses show that momentum has weakened; the supplied figures do not establish whether the monthly gain will resume.
The 24-hour volume is 109,366,529, with volume equal to 39.87% of market capitalization. This indicates notable trading activity relative to market cap, but without a comparison period or buy-versus-sell breakdown it does not confirm either direction.
OP remains about 97.5% below its $4.84 all-time high from March 6, 2024. That is substantial historical depreciation, though the distance from the high alone cannot determine the current outlook or establish a price target.
The balance favors caution rather than a directional trade: recent price changes and most moving averages are bearish, while the positive 30-day return and position above the 8-hour SMA are limited offsets. Hold is therefore the most supported rating from the supplied data, with the primary evidence being weak 7- and 14-day momentum and price below four of five listed averages, counterbalanced by the monthly gain and non-extreme RSI readings.
OP is priced at $0.11931, down 3.07% over 24 hours. It is about 58% of the way from the 24-hour low of $0.111658 to the high of $0.12476, so it is not currently at either edge of the reported range.
The moving averages show mixed but generally weak near-term positioning. Price is 1.53% above the 8-hour SMA at $0.1175, but below the 13-, 21-, 55-, and 144-hour SMAs by 0.36%, 0.96%, 2.75%, and 7.94%, respectively.
Being above the 8-hour average is a modest positive, suggesting some short-term price resilience. However, trading below all four longer listed averages, particularly the 144-hour average, indicates that the broader moving-average picture remains unfavorable; the short average alone is not enough to establish a stronger reversal.
The 1-hour RSI is 45 and the 7-day RSI is 46. Both readings are below 50 but not near an extreme, which supports a mildly weak-to-neutral momentum assessment rather than a strong oversold rebound signal.
Returns also conflict by timeframe: OP is down 6.97% over 7 days and 9.65% over 14 days, but up 12.4% over 30 days. The positive monthly result provides meaningful counterevidence to the recent decline, while the shorter-period losses show that momentum has weakened; the supplied figures do not establish whether the monthly gain will resume.
The 24-hour volume is 109,366,529, with volume equal to 39.87% of market capitalization. This indicates notable trading activity relative to market cap, but without a comparison period or buy-versus-sell breakdown it does not confirm either direction.
OP remains about 97.5% below its $4.84 all-time high from March 6, 2024. That is substantial historical depreciation, though the distance from the high alone cannot determine the current outlook or establish a price target.
The balance favors caution rather than a directional trade: recent price changes and most moving averages are bearish, while the positive 30-day return and position above the 8-hour SMA are limited offsets. Hold is therefore the most supported rating from the supplied data, with the primary evidence being weak 7- and 14-day momentum and price below four of five listed averages, counterbalanced by the monthly gain and non-extreme RSI readings.
Updated 105 minutes ago. AI can make mistakes. Do not use this information to make actual financial or investment decisions.