OP Price Prediction: Targets $0.34-$0.37 by February 2026 - Blockchain.News

OP Price Prediction: Targets $0.34-$0.37 by February 2026

Rebeca Moen Jan 22, 2026 16:42

OP trading at $0.31 shows neutral momentum with RSI at 46.69. Technical analysis suggests potential breakout to $0.34-$0.37 range if resistance at $0.32 breaks within 4 weeks.

OP Price Prediction: Targets $0.34-$0.37 by February 2026

OP Price Prediction Summary

Short-term target (1 week): $0.32-$0.34 • Medium-term forecast (1 month): $0.34-$0.37 range
Bullish breakout level: $0.34 • Critical support: $0.28-$0.29

What Crypto Analysts Are Saying About Optimism

While specific analyst predictions are limited in recent days, earlier January forecasts provide some insight into market sentiment. Timothy Morano noted on January 5, 2026: "OP price prediction shows potential 15-30% upside to $0.37-$0.42 range within 4-6 weeks if key $0.32 resistance breaks, supported by bullish MACD momentum."

According to on-chain data platforms, Optimism's current trading patterns suggest consolidation around current levels, with the token showing resilience despite broader market uncertainty. The lack of recent analyst coverage may indicate either reduced interest or analysts waiting for clearer directional signals.

OP Technical Analysis Breakdown

The current OP price prediction is heavily influenced by several key technical indicators painting a mixed but cautiously optimistic picture.

RSI Analysis: At 46.69, Optimism's RSI sits in neutral territory, indicating neither overbought nor oversold conditions. This provides room for movement in either direction, though the slight bias below the 50 midpoint suggests mild bearish pressure.

MACD Signals: The MACD histogram at 0.0000 indicates bearish momentum has stalled, while the MACD line (0.0034) and signal line (0.0034) convergence suggests potential for directional change. This setup often precedes significant price movements.

Bollinger Bands Position: With OP positioned at 0.24 on the Bollinger Band scale (where 0 represents the lower band and 1 the upper band), the token is trading in the lower portion of its recent range. The current price of $0.31 sits between the middle band at $0.32 and lower band at $0.29.

Moving Average Analysis: The shorter-term averages (SMA 7 and SMA 20 at $0.32) provide immediate resistance, while the SMA 50 at $0.30 offers support. The significant gap to the SMA 200 at $0.53 highlights the substantial decline from previous highs.

Optimism Price Targets: Bull vs Bear Case

Bullish Scenario

In the bullish case for this Optimism forecast, OP could target $0.34-$0.37 within the next month. The key catalyst would be a decisive break above the $0.32 resistance level, which aligns with both the SMA 7 and SMA 20.

A successful breakout would likely target the strong resistance at $0.34, followed by the upper Bollinger Band at $0.36. If momentum continues, the previously mentioned analyst target of $0.37-$0.42 becomes achievable, representing potential gains of 19-35% from current levels.

Technical confirmation would require increased volume above $10 million daily and RSI breaking above 55 to indicate strengthening bullish momentum.

Bearish Scenario

The bearish case sees OP retesting support levels if the current consolidation fails. Immediate support lies at $0.29 (lower Bollinger Band), followed by strong support at $0.28.

A break below $0.28 could trigger further downside toward psychological support around $0.25, representing a potential 19% decline from current levels. This scenario would likely unfold if broader crypto markets face additional selling pressure or if Optimism-specific negative developments emerge.

Should You Buy OP? Entry Strategy

Based on current technical levels, a layered entry strategy appears most prudent for this OP price prediction:

Primary Entry Zone: $0.29-$0.31 (current range) Breakout Entry: Above $0.32 with volume confirmation Stop-Loss: Below $0.28 (approximately 10% risk) Take Profit Levels: $0.34 (first target), $0.37 (extended target)

Risk management should limit exposure to 2-3% of portfolio given the mixed technical signals. Consider dollar-cost averaging if planning longer-term accumulation, as the substantial distance from the 200-day moving average suggests OP remains in a longer-term downtrend.

Conclusion

This OP price prediction suggests cautious optimism for the next 4-6 weeks, with potential upside to $0.34-$0.37 if key resistance breaks. The neutral RSI and stalled bearish momentum in MACD provide room for recovery, while the Bollinger Band positioning indicates OP is trading in the lower portion of its recent range.

However, investors should note that cryptocurrency price predictions carry substantial risk, and this Optimism forecast should be considered alongside broader market conditions and individual risk tolerance. The significant gap to long-term moving averages reminds us that OP remains well below previous highs, requiring patience and proper risk management for any potential recovery scenario.

Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Cryptocurrency investments carry high risk and prices can be extremely volatile.

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