Optimism is trading in the green today, with its trading volume up by over 54%. OP traded at $0.9231 on January 1, 2023, and peaked at $3.0294 on February 7, close to its all-time high value of $4.5692.
Currently, OP is at the $1.6 price level as it seeks to consolidate its gains, which is bullish. Also, the upcoming upgrade in June might lead to an uptrend for the asset.
Optimism (OP) Technical Analysis
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OP price is in an uptrend today, forming a higher high on the daily chart and moving up from the sideways trend of the last few days. However, despite its positive price moves today, the bears are still active in the market.
OP is trading below its 50-day and 200-day Simple Moving
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