Price Analysis of Optimism for Today (December 29, 2024)

The current price of Optimism ($OP ) is $1.86, with a price increase of +0.03% over the last 24 hours. Currently, OP is available on 37 exchanges, and in the last 24 hours, 57,053,881 OP coins have been exchanged, amounting to $106,031,127 in trading volume.$BTC $BNB

Today, Optimism (OP) opened at $1.90. It has fallen -1.97% from the opening price. Despite a rally up to $1.90, Optimism (OP) faced resistance and was unable to maintain momentum for a move higher. From the maximum price in the last 30 and 7 days, its value has decreased by -32.83% and -7.35%, while from the minimum recorded price over the same period, it has increased by 14.45% and 8.58%.

According to our analysis, OP needs to stay above $1.67 to potentially move towards the first significant resistance level at $1.92. A breakout above $1.92 could lead to an increase in OP to the next resistance level at $2.20. The third resistance is at $2.47.

If the price drops, the first support level to watch is $1.67. If this level does not hold, further decline to the next support level at $1.37 is possible.#BtcNewHolder