Optimism Back Above Long-Term Support: Easy 480% PPI will base this entire analysis on a single signal, a break and recovery of support.
Optimism moved recently below its previous All-Time Low established October 2022. The break below this level only lasted a few days. A week closed below and immediately the next week a close happened above. This i
OP/USDT Secondary trend. Wedge. Pivot zones. 27 07 2024OP/USDT Secondary trend. Wedge. Pivot zones. 27 07 2024
Logarithm. Time frame 3 days. A descending wedge is forming. The price is near the dynamic Gann support (reaction from it), but still in the range of the descending wedge pattern. The reaction in this resistance zone will determine the trend
OP Secondary trend. Wedge. Reversal zones. 17 04 2025From the wedge breakout, the price reached the level of 2.857 (81%) and from it the trend reversal under the general trend of altcoins, breaking through the "neck" zone of the head and shoulders, thereby realizing this pattern on a large scale and reaching the reversal zone of the minimums of the le
$OPUSDT Spot Accumulation Zone Analysis🔸
🔸 Key Support Zone at $0.45–$0.68:
Price has entered a strong historical demand zone, which has previously acted as a base for major rallies. Volume also shows buyer interest increasing near current levels.
🔸 Upside Target: $2.10 (Mid-Term)
Price projection based on historical reversals from th
OP/USDT Major trend. 07 2024Logarithm. Time Frame 1 week. After the listing there were 3 cyclical pumping of the “participation” phase. PR, hype, connection of the majority in mass media. The reversal occurred with a typical breakout in the secondary trend of a triangle (first pumping) or a wedge (second pumping). Now the thir
DO YOU BUY ASSETS USING DCA LIKE THIS?DO YOU BUY ASSETS USING DCA LIKE THIS?
First, you can see that OP (case study) entered a downtrend after hitting its peak on the monthly (M) timeframe around the $4 price zone.
Uptrend period: from 2022 to 2024
Downtrend period: from 2024 to now (no clear sign of the decline stopping or a
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related pairs
Frequently Asked Questions
The current price of Optimism/Tether (OP) is 0.6964 USDT — it has fallen −0.24% in the past 24 hours. Try placing this info into the context by checking out what coins are also gaining and losing at the moment and seeing OP price chart.
Optimism/Tether price has risen by 5.86% over the last week, its month performance shows a −18.80% decrease, and as for the last year, Optimism/Tether has decreased by −71.55%. See more dynamics on OP price chart.
Keep track of coins' changes with our Crypto Coins Heatmap.
Keep track of coins' changes with our Crypto Coins Heatmap.
Optimism/Tether (OP) reached its highest price on Mar 6, 2024 — it amounted to 4.8601 USDT. Find more insights on the OP price chart.
See the list of crypto gainers and choose what best fits your strategy.
See the list of crypto gainers and choose what best fits your strategy.
Optimism/Tether (OP) reached the lowest price of 0.3965 USDT on Jun 18, 2022. View more Optimism/Tether dynamics on the price chart.
See the list of crypto losers to find unexpected opportunities.
See the list of crypto losers to find unexpected opportunities.
The safest choice when buying OP is to go to a well-known crypto exchange. Some of the popular names are Binance, Coinbase, Kraken. But you'll have to find a reliable broker and create an account first. You can trade OP right from TradingView charts — just choose a broker and connect to your account.
Crypto markets are famous for their volatility, so one should study all the available stats before adding crypto assets to their portfolio. Very often it's technical analysis that comes in handy. We prepared technical ratings for Optimism/Tether (OP): today its technical analysis shows the sell signal, and according to the 1 week rating OP shows the strong sell signal. And you'd better dig deeper and study 1 month rating too — it's sell. Find inspiration in Optimism/Tether trading ideas and keep track of what's moving crypto markets with our crypto news feed.
Optimism/Tether (OP) is just as reliable as any other crypto asset — this corner of the world market is highly volatile. Today, for instance, Optimism/Tether is estimated as 4.39% volatile. The only thing it means is that you must prepare and examine all available information before making a decision. And if you're not sure about Optimism/Tether, you can find more inspiration in our curated watchlists.
You can discuss Optimism/Tether (OP) with other users in our public chats, Minds or in the comments to Ideas.