RSI Hunter
Monday, March, 24 2025
$2.96T 1.22% | $80.03B | BTC.D 58.52%

Icon Optimism OP

Current Price

$0.9002 +3.82%

$0.0616 Daily Range (6.84%)
$0.8415$0.9031
$130.11M Daily Volume
1,489 BTC
Vol/MktCap: 8.92%
Relative Strength

78

Overbought

HTF: 51 (Neutral)


Market Performance

Icon +0.17%  0.00001030 BTC

Icon -0.25%  0.0004 ETH

Icon +3.80%  0.9002 USDT

Icon +0.53%  0.3645 XRP

Icon +2.55%  0.0014 BNB


0.59% Relative BTC Volume

The total volume of Optimism is $130.11M over the past 24 hours, compared to $22.17B total Bitcoin volume.


Hourly Moving Average

8 SMA $0.8614   +4.50%

13 SMA $0.8563   +5.12%

21 SMA $0.8576   +4.97%

55 SMA $0.8600   +4.68%

144 SMA $0.8727   +3.15%

 Price Performance
+1.32% 1 Hour Change
$0.9002 from $0.8885
+3.25% 7 Day Change
$0.0293 from $0.8710
-0.10% 14 Day Change
-$0.0009 from $0.9012
-18.69% 30 Day Change
-$0.1683 from $1.07

 All Time High
March 6, 2024
$4.84 -81.43%
-$3.94 vs. now
 Rank #73
$1.46B Market Cap
16,694 BTC
24H Change
54.28M USD +3.86%
621 BTC

 Volume and Supply
Total Supply: 4.29B OP Icon
1.62B OP Available
37.73% 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
204.52 x BTC Supply Icon = IconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIcon+54 more
205:1 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
149.16M OP Icon traded over past 24 hours
9.20% 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
Optimism (OP) is currently priced at $0.8921, reflecting a 2.74% increase over the last 24 hours. The daily trading range has been between $0.8415 and $0.9009, indicating a relatively stable market with a daily range of approximately 6.6%.

Trading volume stands at 125,272,129, representing 8.66% of the market cap, which suggests that there is sufficient liquidity for trading. The short-term moving averages are trending positively, with the 8 SMA at $0.8614 showing a 3.56% increase, indicating bullish momentum in the immediate term.

The 1-hour RSI is at 76, signaling that OP is nearing overbought conditions, which could lead to a short-term correction. Conversely, the 7-day RSI at 51 indicates a neutral stance, suggesting potential for further upside if momentum continues to build.

In terms of price performance, OP has increased by 2.64% over the past week, reflecting a positive short-term trend. However, the 30-day price change is a concerning -17.85%, indicating that longer-term sentiment remains bearish despite recent gains.

With the all-time high recorded at $4.84 in March 2024, the current price shows significant downside potential. Nevertheless, the recent price action suggests that if OP can sustain above the $0.8727 level (144 SMA), it could signal a reversal.

In conclusion, while short-term indicators show some bullish momentum, the overall longer-term trend remains negative. Therefore, I recommend a Hold rating, as investors should wait for further confirmation of a trend reversal before making any new investments.

Updated 137 minutes ago.

Optimism Relative Price at Market Cap of:
Icon
#1  Bitcoin

$1,068.61 +118605.72%
Icon
#2  Ethereum

$156.01 +17230.37%
Icon
#6  Solana

$44.18 +4808.19%
Icon
#10  TRON

$13.42 +1391.04%
Icon
#25  Bitcoin Cash

$4.05 +349.53%
Icon
#75  KuCoin

$0.85 -5.09%
Icon
#100  PayPal USD

$0.51 -42.95%
Icon Optimism TradingView Chart
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