Price Analysis: The Price Of Optimism (OP) Decreases More Than 4% Within 24 Hours
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Price Analysis: The Price Of Optimism (OP) Decreases More Than 4% Within 24 Hours

Over the past 24 hours, the price of Optimism (OP) price has fallen 4.48% to $3.23. 

OP Price Chart | Source: Coinstats


This continues its negative trend over the past week where it has experienced a 13.0% loss, moving from $3.7 to its current price.

The chart below compares the price movement and volatility for Optimism (OP) over the past 24 hours (left) to its price movement over the past week (right). 

OP Price and Volatility


The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. 

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The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.

The trading volume for the coin has decreased 41.0% over the past week, while the overall circulating supply of the coin has increased 5.17% to over 957.38 million. 

OP Circulating Supply and Trading Volume


This puts its current circulating supply at an estimated 22.29% of its max supply, which is 4.29 billion. 

The current market cap ranking for OP is #30 at $3.10 billion.

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