Optimism (OP) Technical Analysis

As of 2026-07-22, OP last traded at 7.3 USD (-5.19% on the day) and is in a downtrend on the daily timeframe — price below falling 50-DMA, 50-DMA below 200-DMA. Nearest levels: 7.21 USD support below, 8.97 USD resistance above. 14-day RSI is 41.8 (bearish).

Last updated 2026-07-22 · Source: FMP end-of-day prices (adjusted); indicators computed by SniperIQ

Is OP in an uptrend or downtrend?

Optimism is in a downtrend — price below falling 50-DMA, 50-DMA below 200-DMA.

Last close7.3 USD (-5.19%)
20-day average8.037 USD
50-day average8.95 USD
200-day average16.595 USD

Key support and resistance levels for OP

Derived from swing pivots over the last 200 sessions:

LevelTypeStrengthTouches
8.97 USDResistanceModerate2
12.48 USDResistanceMinor1
12.99 USDResistanceMinor1
LevelTypeStrengthTouches
7.21 USDSupportMinor1
5.32 USDSupportMinor1
3.12 USDSupportMinor1

OP 52-week range, momentum and volatility

52-week high314.75 USD (97.7% below)
52-week low3.12 USD (134% above)
14-day RSI41.8 (Bearish)
14-day ATR0.56 USD (7.67% of price, High volatility)

Related research pages

Frequently asked questions

Is Optimism (OP) in an uptrend or downtrend?

As of 2026-07-22, OP is in a downtrend on the daily timeframe — price below falling 50-DMA, 50-DMA below 200-DMA. Last close 7.3 USD vs 50-day average 8.95 USD and 200-day average 16.595 USD.

What are the key support and resistance levels for OP?

Nearest support is around 7.21 USD (minor, 1 touch). Nearest resistance is around 8.97 USD (moderate). Levels are derived from swing pivots over the last ~200 sessions.

What is OP's 52-week high and low?

Over the last 52 weeks, OP traded between 3.12 USD and 314.75 USD. It is currently 97.7% below its 52-week high.

Is OP overbought or oversold?

The 14-day RSI is 41.8 — in a neutral 30–70 range. Momentum reads as bearish.

How volatile is OP?

Its 14-day Average True Range is 0.56 (7.67% of price) — high volatility relative to price.