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

OP Price Prediction Summary

• Short-term target (1 week): $0.32 • Medium-term forecast (1 month): $0.34-$0.37 range
• Bullish breakout level: $0.33 • Critical support: $0.29

What Crypto Analysts Are Saying About Optimism

Recent analyst sentiment around Optimism remains cautiously optimistic, with several professionals highlighting similar price targets. Rebeca Moen noted on January 22, 2026: "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."

Alvin Lang shared a similar outlook on January 20, stating: "Optimism (OP) shows neutral momentum at $0.32 with technical indicators suggesting 15-30% upside potential to $0.37-$0.42 range if key resistance breaks above $0.33."

Zach Anderson provided additional context on January 18: "OP shows neutral momentum at $0.34 with technical indicators suggesting potential 15-30% upside to $0.37-$0.42 range if key resistance breaks, though bearish MACD signals caution."

The consensus among these analysts points to a similar price range, with targets between $0.34-$0.42, contingent on breaking key resistance levels around $0.32-$0.33.

OP Technical Analysis Breakdown

The current technical picture for Optimism presents a mixed but cautiously optimistic outlook. Trading at $0.30, OP has declined 1.26% in the past 24 hours, with a trading range between $0.32 (high) and $0.30 (low). The 24-hour trading volume of $4,795,307 on Binance indicates moderate market interest.

The RSI reading of 46.12 places OP firmly in neutral territory, suggesting neither overbought nor oversold conditions. This neutral positioning often precedes directional moves once catalysts emerge. The MACD histogram sits at 0.0000, indicating bearish momentum, though the proximity to zero suggests this bearish pressure may be weakening.

Optimism's position within the Bollinger Bands provides additional insight, with the token trading at 0.24 on the %B indicator. This positioning near the lower band suggests the recent price action has been relatively weak, but also indicates potential for mean reversion toward the middle band at $0.32.

Moving averages paint a mixed picture. The short-term SMAs (7-day at $0.31 and 20-day at $0.32) remain above the current price, suggesting recent bearish pressure. However, the 50-day SMA at $0.30 aligns closely with current levels, potentially providing support. The 200-day SMA at $0.53 remains significantly elevated, highlighting the longer-term downtrend that OP needs to overcome.

Optimism Price Targets: Bull vs Bear Case

Bullish Scenario

The bullish case for this OP price prediction centers on breaking the immediate resistance at $0.32, followed by the strong resistance at $0.33. If OP can reclaim these levels with convincing volume, the next targets align with analyst projections at $0.34-$0.37.

Technical confirmation would require the RSI to push above 50, indicating renewed bullish momentum, while the MACD histogram turning positive would signal strengthening upward pressure. A break above the middle Bollinger Band at $0.32 with sustained trading would further validate the bullish thesis.

The upper Bollinger Band at $0.36 represents the initial upside target, aligning closely with analyst projections. Beyond this level, the Optimism forecast would extend to the $0.37-$0.42 range mentioned by multiple analysts, representing potential gains of 23-40% from current levels.

Bearish Scenario

The bearish scenario focuses on the failure to hold current support levels. Immediate support sits at $0.30, with strong support at $0.29 - the lower Bollinger Band. A break below these levels could trigger further selling pressure.

Risk factors include the bearish MACD histogram and the distance from the 200-day SMA, which continues to exert downward pressure. If OP fails to reclaim $0.31 (the 7-day SMA) and falls below $0.29, the next significant support levels may not emerge until the $0.25-$0.27 range.

The Average True Range of $0.03 suggests that daily moves of this magnitude are normal for OP, meaning a drop to strong support could happen relatively quickly without sustained buying interest.

Should You Buy OP? Entry Strategy

For this OP price prediction to materialize, strategic entry points become crucial. Conservative buyers should wait for a break above $0.32 with volume confirmation before entering, using this level as their entry trigger rather than trying to catch the current consolidation.

More aggressive traders might consider accumulating near the $0.30 support level, but should implement strict risk management with stop-losses below $0.29. This approach offers better risk-to-reward ratios but requires tolerance for potential further downside.

A dollar-cost averaging approach between $0.29-$0.31 could work for longer-term investors who believe in the Optimism forecast extending beyond the immediate technical setup. This strategy helps mitigate timing risks while building positions during the consolidation phase.

Stop-loss levels should be set below $0.29 for most positions, as a break of this strong support would likely trigger additional selling and potentially invalidate the bullish thesis outlined in this analysis.

Conclusion

This OP price prediction suggests a cautiously optimistic outlook, with multiple analysts converging on similar targets in the $0.34-$0.37 range. The technical setup supports this view, though confirmation through key resistance breaks remains necessary.

The neutral RSI and proximity to support levels provide a reasonable risk-to-reward setup for those willing to take positions with appropriate stop-losses. However, the bearish MACD and distance from longer-term moving averages serve as important reminders that this Optimism forecast depends heavily on broader market conditions and successful technical breakouts.

Price predictions are speculative and should not be considered financial advice. Cryptocurrency investments carry significant risks, and past performance does not guarantee future results. Always conduct your own research and consider your risk tolerance before making investment decisions.