March 12, 2025 OP – Optimism Daily Analysis OP – Optimism Daily Analysis
OP – Optimism Daily Analysis
Outlook
OP current price is 0.84 USDT and the current market cap is 36.784.686 USDT. This chart period started 210 days ago (15 August 2024) with a total of 101 days closing above the opening price and 108 days closing below the opening price. The lowest price was 0.741 USDT on 11 March 2025, and the highest price was 2.77 USDT on 07 December 2024. The current price is 13.36% above the lowest price and 69.71% below the highest price.
Moving Average
Moving Averages (Closing Prices):5-Day Moving Average: 0.855422-Day Moving Average: 1.0250-Day Moving Average: 1.16100-Day Moving Average: 1.61250-Day Moving Average: 1.63500-Day Moving Average: 2.20
Moving Average Analysis
The current price is %1.80 lower than the 5-Day moving average and has been below it for 4 days.The current price is %17.65 lower than the 22-Day moving average and has been below it for 10 days.The current price is %27.69 lower than the 50-Day moving average and has been below it for 10 days.The current price is %47.69 lower than the 100-Day moving average and has been below it for 46 days.The current price is %48.48 lower than the 250-Day moving average and has been below it for 46 days.The current price is %61.81 lower than the 500-Day moving average and has been below it for 85 days.
Trends
The longest uptrend in the 210 day period is 6 days. It started at 1.75 USDT on 31 December 2024 and ended by increasing by 20.37% to 2.11 USDT on 06 January 2025.The longest downtrend is 6 days. It started at 2.54 USDT on 15 December 2024 and ended by decreasing -31.23% to 1.75 USDT on 21 December 2024.
Support & Resistance
This review was made for the last 7 daysLast 7 days support levels: Support: 0.912 USDT on 07-03-2025 Support: 0.84 USDT on 09-03-2025 Support: 0.8 USDT on 10-03-2025 Support: 0.741 USDT on 11-03-2025Last 7 days resistance levels: No resistances found.No support or resistance levels found.
Volume
The previous trading day’s volume (11-03-2025) 54,847,653.01 USDT. Highest volume in the last 210 days is 196,289,795.04 USDT on 03-02-2025. Lowest volume in the last 210 days is 3,865,981.47 USDT on 19-10-2024. Difference between highest and lowest volume is 4977.36%.
Volume Moving Averages
( Excluding Today)
5-day Moving Average Volume: 33,513,850.42 USDT22-day Moving Average Volume: 31,279,602.33 USDT50-day Moving Average Volume: 30,789,002.74 USDT100-day Moving Average Volume: 29,688,347.66 USDT250-day Moving Average Volume: 22,818,435.02 USDT
Volume Moving Averages Comparison
Volume of the previous trading day: 54,847,653.01 USDT
Previous day’s volume is 63.66% higher than the 5-day moving average.Previous day’s volume is 75.35% higher than the 22-day moving average.Previous day’s volume is 78.14% higher than the 50-day moving average.Previous day’s volume is 84.74% higher than the 100-day moving average.Previous day’s volume is 140.37% higher than the 250-day moving average.
Percentage Differences Between Moving Averages:
5-day moving average is 7.14% higher than the 22-day moving average.22-day moving average is 1.59% higher than the 50-day moving average.50-day moving average is 3.71% higher than the 100-day moving average.100-day moving average is 30.11% higher than the 250-day moving average.
Volume Trend
The longest consecutive volume increase started on 14-09-2024 with a volume of 5,634,672.48 USDT and ended on 20-09-2024 with a volume of 15,831,471.16 USDT, lasting for 6 days and representing a 180.97% increase.The longest consecutive volume decrease started on 27-08-2024 with a volume of 17,608,818.49 USDT and ended on 31-08-2024 with a volume of 5,168,866.00 USDT, lasting for 4 days and representing a 70.65% decrease.
Price Volume Coorelation
During the longest volume increasing period price increase from 1.57 USDT to 1.68 USDT, which represents a 7.21% change.During the longest volume decreasing period price increase from 1.37 USDT to 1.42 USDT, which represents a 3.20% change.
Strategy
There is no trend formation at the moment. We should wait until a trend forms.
Legal Disclaimer: This Chart and The Accompanying Analyses Are Not Investment Advice.
