OP Price Prediction: Targets $0.34-$0.37 by February 2026
Felix Pinkston Jan 28, 2026 15:55
OP Price Prediction Summary • Short-term target (1 week): $0.31-$0.32 • Medium-term forecast (1 month): $0.34-$0.37 range • Bullish breakout level: $0.31 • Critical support: $0.29 What Crypto...
OP Price Prediction Summary
• Short-term target (1 week): $0.31-$0.32
• Medium-term forecast (1 month): $0.34-$0.37 range
• Bullish breakout level: $0.31
• Critical support: $0.29
What Crypto Analysts Are Saying About Optimism
Recent analyst coverage has been cautiously optimistic for Optimism's price outlook. Lawrence Jengar provided the most bullish OP price prediction on January 27, 2026, targeting a $0.35-$0.42 range by February 2026. This represents a potential upside of 18% to 42% from current levels.
Supporting this optimistic view, both Darius Baruo and Ted Hisokawa have issued similar Optimism forecasts targeting the $0.34-$0.37 range by February 2026. Rebeca Moen's technical analysis noted that OP was showing neutral momentum with an RSI at 46.69, suggesting potential for a breakout to the $0.34-$0.37 range if resistance at $0.32 breaks within the next four weeks.
The consensus among these analysts points to a potential 13-23% upside for OP over the coming month, contingent on breaking key technical resistance levels.
OP Technical Analysis Breakdown
The current technical picture for Optimism presents a mixed but stabilizing outlook. With OP trading at $0.30, the token sits near several key moving averages, creating a critical juncture for price direction.
The RSI reading of 44.58 places Optimism in neutral territory, neither overbought nor oversold. This positioning suggests room for movement in either direction, though it lacks the oversold conditions that often precede strong bounces.
The MACD indicators tell a more cautious story. With the MACD at -0.0035 and the signal line also at -0.0035, the histogram reading of 0.0000 indicates bearish momentum is stabilizing but hasn't yet turned bullish. The Stochastic oscillators (%K at 20.83, %D at 16.67) suggest OP is in oversold territory on shorter timeframes, which could support a near-term bounce.
Bollinger Bands analysis shows OP trading at 0.24 position between the bands, closer to the lower band at $0.28 than the upper band at $0.36. This positioning, combined with the middle band (20-period SMA) at $0.32, suggests the token has room to move toward the center of its recent trading range.
Optimism Price Targets: Bull vs Bear Case
Bullish Scenario
The bullish case for OP price prediction centers on breaking the immediate resistance at $0.31. A successful breach of this level could trigger momentum toward the middle Bollinger Band at $0.32, aligning with analyst targets.
If buying pressure sustains, the next significant target sits at the upper Bollinger Band near $0.36, which would fulfill the conservative end of analyst predictions. A breakout above $0.36 could open the path to Lawrence Jengar's more aggressive target of $0.42.
The bullish scenario requires RSI to move above 50 and MACD to generate a positive histogram reading, confirming momentum shift from neutral to bullish territory.
Bearish Scenario
The bearish case focuses on the failure to hold current support levels. Immediate support at $0.29 represents the first critical level to watch. A break below this level could accelerate selling toward the lower Bollinger Band at $0.28.
More concerning would be a break below the 50-period SMA at $0.30, which currently provides some technical support. Such a move could signal deeper correction toward the $0.25-$0.27 range, representing a 15-20% decline from current levels.
The bearish scenario would be confirmed by RSI falling below 40 and MACD histogram turning more negative, indicating strengthening downward momentum.
Should You Buy OP? Entry Strategy
Based on current technical conditions, a layered entry strategy appears most prudent for OP. The immediate entry point could be established near current levels around $0.30, with the understanding that this represents a neutral technical position.
A more conservative approach would wait for either a pullback to the $0.29 support level for better risk-reward, or a confirmed breakout above $0.31 resistance to enter on momentum confirmation.
Stop-loss levels should be placed below the lower Bollinger Band at $0.28, representing roughly a 7% risk from current entry points. This level also coincides with key technical support and would invalidate the neutral-to-bullish thesis if broken.
For risk management, consider position sizing that allows for potential volatility, given the daily ATR of $0.02, which represents about 7% of the current price.
Conclusion
The OP price prediction outlook for February 2026 appears cautiously optimistic, with multiple analysts converging on targets in the $0.34-$0.37 range. Technical indicators support this view, showing neutral momentum that could turn bullish with proper catalysts.
The key catalyst remains breaking resistance at $0.31, which would validate the bullish Optimism forecast and open the path toward analyst targets. However, failure to hold support at $0.29 would shift the outlook more bearish.
Given the current technical setup and analyst consensus, there's approximately a 60% probability of reaching the $0.34-$0.37 target range within the next month, provided broader market conditions remain supportive.
This analysis is for educational purposes only and should not be considered financial advice. Cryptocurrency investments carry significant risk, and past performance does not guarantee future results. Always conduct your own research and consider your risk tolerance before making investment decisions.
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