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Market Cap
$ 2,739,442,049
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Total Volume
$ 246,258,190
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24 Hour
0.77%
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7 Day
-6.78%
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Optimism Price Prediction: 2024, 2025, 2030

Optimism price prediction, OP’s price has pumped by 0.77% in the last 24 hours.
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Optimism
Price Prediction
Optimism, OP could hit $2.01 in 2024
Optimism’s price prediction for the most bearish scenario will value OP at $2.03 in 2024.
Optimism’s previous All Time High was on 6 March 2024 where OP was priced at $4.84.

Optimism’s price at the same time last week was $2.90. It has moved by -6.78 % in the past week and is currently at $2.54. Infact, in the past 24 hours, OP has pumped by 0.77 %. There is a slight bullish sentiment in the crypto market. The long term sentiment, however, remains bullish and OP could hit $1.75 in 2025.

The total circulating supply of Optimism as of writing this article was $1,086,889,963 and the marketcap of OP remains at $2,739,442,049

Disclaimer

For some coins with little to no data points and inexistent historical data the model by default will show a positive price prediction. There is no way for our AI bot to decipher whitepaper, tokenomics and team integrity. The coin's price that you are about to see below can fall drastically depending on many factors, so please invest wisely after checking the team and project's whitepaper. This current price prediction is done by a machine crunching numbers and the model is still in the early beta stages. It should strictly not be taken as an investment advice. Although the best engineers are currently tweaking and updating the algorithm, no human has verified the price predicted below, so please use your discretion and make a decision wisely.

OP price prediction: Key highlights

 

1. Primary support and resistance levels

  • $1.2 was the lowest price floor for the price on the weekly chart.
  • The high resistance at $4.6 can likely make it challenging for the price to increase.

2. Market sentiment

  • OP’s market sentiment in May 2024 has been observed to be slightly bearish.

3. Predictive forecasts

  • Based on our AI/ML predictive algorithms, OP is projected to average at around $90 in 2028 and over $14,000 in 2035.

Take a glance at the given thorough weekly technical analysis of OP, followed by the coming days of the month, upcoming months, and yearly forecast tables derived from our AI/ML-based predictive models: 

 

OP technical analysis: Is investor confidence waning?

 

This crypto season, many digital currencies have been recording new highs, and OP has not been left behind. However, with the recent downturn, examining the sustainability of investor interest necessitates a closer look at the Optimism price prediction for 2024.
 

The period under review commenced with a downward trajectory that persisted until the token fell briefly below the lowest support level at $1.2 in June. Bullish traders' mid-month efforts to reverse the downtrend resulted in a temporary price uplift. Nevertheless, the attempt lacked sufficient strength, plummeting the price to the lowest support. 

 

In a turnaround by October, buyers amassed enough momentum to push the price to test $2.3 by December. A significant surge in mid-month enabled the altcoin to surpass all preceding resistance levels. Following this, the token tested the critical $4.0 mark. 

 

After a minor retracement that found support at $3.0, the token resumed its upward trajectory in February along with the broader market.  Notably, the ascent pushed OP to set a new all-time high (ATH) of $4.8 in March. This development marked $4.6 as the highest resistance encountered by the price.
 

AMBCrypto highlighted that all Optimism addresses had reached a profitable state for the first time in history due to this new high. Moreover, the funding rate experienced a significant upsurge to its highest point in over seven months.
 

Nonetheless, this enthusiasm was short-lived. Mid-March saw a swift correction, and the prices dipped below the $4.0 mark. This wasn’t the end of bullish worries as the token lost its standing over $3.0 by April. A late-month attempt to retest this level faced pushback. Even the new month did not bring any significant changes to the price.

 

Despite the downturn, AMBCrypto highlighted that Optimism stood out as the Layer 2 platform with the highest level of development activity. The Optimism Superchain also attracted over $6 billion in deposits from Ethereum (ETH) Layer 1. However, network growth around the OP token declined significantly in early May, indicating a drop in the number of new addresses showing interest in OP.
 

The token exchanged hands at $2.5 by the end of the analysis. Notably, in late May, addresses holding between 1 million and 10 million OP purchased over 52 million tokens in a single day. However, they sold 30 million of these the following day, valued at approximately $78 million. This indicated that the accumulation by these whales was likely a profit-taking move rather than a display of conviction.

 

Going forward, the current support level plays a pivotal role in determining the future price trajectory. If bulls manage to maintain the price above the level, it could serve as a launchpad for another rally. This could enable the price to reclaim the current resistance levels and pave the way for attaining the ATH again. 

 

Conversely, increased selling pressure could drive the price below  $2.3, decisively shifting the trend to bearish. In a more pronounced pessimistic scenario, the $1.2 level could be retested as support.
 

The long-term prospects for the OP token seem promising despite some short-term volatility. By 2028, the average price of OP is projected to be around $90, indicating steady growth. The forecast becomes even more bullish in 2035 when the price is expected to cross into a five-digit valuation, with the average price soaring above $14,000.

 

OP's 2024 roadmap: Key indicators to watch and trade

  • The trading volume mirrored the price movements. A significant increase was observed between December and January, coinciding with the price appreciation. 
  • This dampened quickly because of the drops. Slight intermittent recoveries were again noted in 2024 but weren’t sustained. 
  • Analysis of the Moving Average Convergence Divergence (MACD) showed that the MACD line initially started below the signal line. When the price dropped below its lowest support in June, the MACD line fell below the zero line, and the signal line followed suit the next month.
  • By late October, the MACD line crossed above the signal line. Additionally, towards the end of November, it reclaimed its position above the zero line. The signal line followed this movement by December.
  • After reaching a peak in March, the MACD line began to descend, moving below the signal line the following month. At the time of writing, the MACD line had turned negative with a value of -0.007, the signal line remained at 0.155, and the histogram at -0.162. This suggested that a downtrend might be developing amid increasing bearish momentum.
  • The Chaikin Money Flow (CMF) dropped below the zero line in June. It briefly turned positive between July and August, with a short surge observed in October. 
  • While the indicator has maintained its positive stance since mid-October, its values have been dropping. At the time of writing, it stood at 0.7, which highlighted a decrease in the intensity of buying.
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Optimism Price Prediction

Optimism has had an eventful 2023. To simplify the latest OP price prediction, we have divided up the prediction by short term Optimism price prediction and long term Optimism price prediction. As of writing this article, OP had a trading volume of 246,258,190. Optimism has gone up by 0.13% in the past 30 days.

According to our analysis in the short term, Optimism price prediction for July 2024 shows the average price of OP at 1.67 and the highest possible price for July 2024 would be $1.78.

Further, according to our analysis in the long term, Optimism price prediction for November 2024 shows the average price of OP at 1.67 and the highest possible price for November 2024 would be $1.79.

Optimism's Short Term Price Prediction

DateAvg PriceLowest PriceHighest Price
30 May 2024$2.48$2.31$2.66
31 May 2024$2.49$2.32$2.67
1 June 2024$2.44$2.27$2.61
2 June 2024$2.39$2.23$2.56
7 June 2024$2.23$2.08$2.39
12 June 2024$2.07$1.93$2.22
22 June 2024$1.80$1.67$1.92
July 2024$1.67$1.55$1.78
August 2024$1.67$1.55$1.78
September 2024$1.67$1.55$1.79
October 2024$1.67$1.55$1.79
November 2024$1.67$1.56$1.79
December 2024$1.67$1.56$1.79

Optimism price prediction 30 May 2024: Optimism's price for 30 May 2024 according to our analysis should range between $2.31 to $2.66 and the average price of OP should be around $2.48.

Optimism price prediction 31 May 2024: Optimism's price for 31 May 2024 according to our analysis should range between $2.32 to $2.67 and the average price of OP should be around $2.49.

Optimism price prediction 1 June 2024: Optimism's price for 1 June 2024 according to our analysis should range between $2.27 to $2.61 and the average price of OP should be around $2.44.

Optimism price prediction 2 June 2024: Optimism's price for 2 June 2024 according to our analysis should range between $2.23 to $2.56 and the average price of OP should be around $2.39.

Optimism price prediction 7 June 2024: Optimism's price for 7 June 2024 according to our analysis should range between $2.08 to $2.39 and the average price of OP should be around $2.23.

Optimism price prediction 12 June 2024: Optimism's price for 12 June 2024 according to our analysis should range between $1.93 to $2.22 and the average price of OP should be around $2.07.

Optimism price prediction 22 June 2024: Optimism's price for 22 June 2024 according to our analysis should range between $1.67 to $1.92 and the average price of OP should be around $1.80.

Optimism price prediction July 2024: Optimism's price for July 2024 according to our analysis should range between $1.55 to $1.78 and the average price of OP should be around $1.67.

Optimism price prediction August 2024: Optimism's price for August 2024 according to our analysis should range between $1.55 to $1.78 and the average price of OP should be around $1.67.

Optimism price prediction September 2024: Optimism's price for September 2024 according to our analysis should range between $1.55 to $1.79 and the average price of OP should be around $1.67.

Optimism price prediction October 2024: Optimism's price for October 2024 according to our analysis should range between $1.55 to $1.79 and the average price of OP should be around $1.67.

Optimism price prediction November 2024: Optimism's price for November 2024 according to our analysis should range between $1.56 to $1.79 and the average price of OP should be around $1.67.

Optimism price prediction December 2024: Optimism's price for December 2024 according to our analysis should range between $1.56 to $1.79 and the average price of OP should be around $1.67.

Optimism's Long Term Price Prediction

Optimism’s long term Price Prediction below is a look at OP’s future prospect with regards to price. Optimism was last seen at $2.54, with a market cap of $2,739,442,049 and trading volumes of $246,258,190. OP’s price prediction is possible by analyzing historical price action, current developments and social sentiment from the community.

YearsAvg PriceLowest PriceHighest Price
2024$1.67$1.34$2.01
2025$1.46$1.17$1.75
2026$1.48$1.19$1.78
2027$1.51$1.20$1.81
2028$1.53$1.22$1.83
2029$1.55$1.24$1.86
2030$1.57$1.26$1.89
2031$1.60$1.28$1.92
2032$1.62$1.30$1.94
2033$1.64$1.32$1.97
2035$1.69$1.35$2.03

Optimism price prediction 2024: Optimism's price for 2024 according to our analysis should range between $1.34 to $2.01 and the average price of OP should be around $1.67.

Optimism price prediction 2025: Optimism's price for 2025 according to our analysis should range between $1.17 to $1.75 and the average price of OP should be around $1.46.

Optimism price prediction 2026: Optimism's price for 2026 according to our analysis should range between $1.19 to $1.78 and the average price of OP should be around $1.48.

Optimism price prediction 2027: Optimism's price for 2027 according to our analysis should range between $1.20 to $1.81 and the average price of OP should be around $1.51.

Optimism price prediction 2028: Optimism's price for 2028 according to our analysis should range between $1.22 to $1.83 and the average price of OP should be around $1.53.

Optimism price prediction 2029: Optimism's price for 2029 according to our analysis should range between $1.24 to $1.86 and the average price of OP should be around $1.55.

Optimism price prediction 2030: Optimism's price for 2030 according to our analysis should range between $1.26 to $1.89 and the average price of OP should be around $1.57.

Optimism price prediction 2031: Optimism's price for 2031 according to our analysis should range between $1.28 to $1.92 and the average price of OP should be around $1.60.

Optimism price prediction 2032: Optimism's price for 2032 according to our analysis should range between $1.30 to $1.94 and the average price of OP should be around $1.62.

Optimism price prediction 2033: Optimism's price for 2033 according to our analysis should range between $1.32 to $1.97 and the average price of OP should be around $1.64.

Optimism price prediction 2035: Optimism's price for 2035 according to our analysis should range between $1.35 to $2.03 and the average price of OP should be around $1.69.

A Historical look at Optimism, OP’s price

OP/USD Pair

OP
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USD
28 May 2023
1.60
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OP
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USD
29 May 2024
2.54
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158.75
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OP/Euro Pair

OP
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EUR
28 May 2023
1.49
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OP
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EUR
29 May 2024
2.34
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156.94
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FAQs about Optimism

What is the price of Optimism as of today 29 May 2024?

Optimism’s current price is $2.54 and witnessed a 0.77% increase in the past 24 hours. OP/BTC pair saw a 0.83% increase in the past 24 hours

Is OP a good investment?

Investing in Optimism, OP will purely depend on your personal risk appetite. As you can see over the past 24 hours Optimism’s price has witnessed a 0.77% increase and over the past 30 days Optimism has increase by 0.13%. So it all depends on if this investment will hit your trading goals.

How high can Optimism’s price go this year in 2024?

According to our latest Optimism Price prediction for 2024, OP should vary between $2.01 and $1.34. Please keep in mind that the crypto market is very volatile and this Optimism price prediction does not account for extreme wild swings in price.

How much will the Optimism be worth in 2024 ?

As per the Optimism price prediction 2024 model above, OP’s price for May 2024 should range between $1.34 to $2.01 with the average price for May being $1.67

How much will Optimism be worth in 2025?

According to the Optimism Price Prediction model above, OP’s price in 2025 would be $1.46. This price would however would range from $1.75 and $1.17.

How much will Optimism be worth in 2026?

According to the Optimism Price Prediction model above, OP’s price in 2026 would be $1.48. This price would however would range from $1.78 and $1.19.

How much will Optimism be worth in 2027?

According to the Optimism Price Prediction model above, OP’s price in 2027 would be $1.51. This price would however would range from $1.81 and $1.20.

How much will Optimism be worth in 2028?

According to the Optimism Price Prediction model above, OP’s price in 2028 would be $1.53. This price would however would range from $1.83 and $1.22.

How much will Optimism be worth in 2029?

According to the Optimism Price Prediction model above, OP’s price in 2029 would be $1.55. This price would however would range from $1.86 and $1.24.

How much will Optimism be worth in 2030?

According to the Optimism Price Prediction model above, OP’s price in 2030 would be $1.57. This price would however would range from $1.89 and $1.26.

How much will Optimism be worth in 2031?

According to the Optimism Price Prediction model above, OP’s price in 2031 would be $1.60. This price would however would range from $1.92 and $1.28.

How much will Optimism be worth in 2032?

According to the Optimism Price Prediction model above, OP’s price in 2032 would be $1.62. This price would however would range from $1.94 and $1.30.

How much will Optimism be worth in 2033?

According to the Optimism Price Prediction model above, OP’s price in 2033 would be $1.64. This price would however would range from $1.97 and $1.32.

How much will Optimism be worth in 2035?

According to the Optimism Price Prediction model above, OP’s price in 2035 would be $1.69. This price would however would range from $2.03 and $1.35.

What was the highest price of Optimism?

The highest price for Optimism was recorded in 6 March 2024 during which OP hit an All Time High of $4.84

What is the price of 1 Optimism?

The price of 1 Optimism according to current market rate is $2.54