Coinspeaker
Optimism (OP) Price Forms Head-and-Shoulders Pattern, Drop Ahead?
Popular crypto analyst Ali Martinez recently noted that Optimism’s OP price chart appears to be forming a classic head-and-shoulders pattern. This often signals a potential bearish reversal, raising concerns about further price corrections.
Currently, OP price
OP
$1.12
24h volatility:
5.3%
Market cap:
$1.52 B
Vol. 24h:
$309.06 M
is trading around $1.11, marking a 4% gain over the past 24 hours. With a market cap of $1.49 billion, OP holds the 60th position in the ranking of top cryptocurrencies by market cap. It has a 24-hour trading volume of over $310 million.
OP Price Trajectory
The Moving Average Convergence Divergence (MACD) shows a
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