Current Market Conditions Current Price: $1.61 24-hour price change: +6.06% Market Sentiment: The Greed Index is 86, indicating that the market is relatively optimistic. 1. Market Overview Optimism (OP) is a Layer 2 scaling solution that runs on Ethereum. The current market cap is around $2 billion, with a 24-hour trading volume of $471,938,178, indicating ample liquidity. 2. Technical Analysis Trend indicator evaluation Indicator Name Status Evaluation SMA(20) $1.60 Long SMA(50) $1.65 Neutral SMA(100) $1.75 Short Bollinger Cap $1.68 Overbought Risk Bollinger Lower Limit $1.53 Oversold Opportunity
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