2024

Optimism

<a href="https://bitcoinworld.co.in/price-analysis-the-price-of-optimism-op-decreases-more-than-4-within-24-hours/" title="Price Analysis: The Price Of Optimism (OP) Decreases More Than 4% Within 24 Hours" rel="nofollow"></a>
Over the past 24 hours, the <a href="https://coinstats.app/coins/optimism/">price</a> of Optimism (OP) price has fallen 4.48% to $3.23.&nbsp; 
<figure id="attachment_61942" aria-describedby="caption-attachment-61942" style="width: 100%" class="wp-caption aligncenter">
 <img loading="lazy" decoding="async" class=" wp-image-61942" src="https://bitcoinworld.co.in/wp-content/uploads/OP-Price-Chart-2-483x300.png" alt="" width="560" height="348" srcset="https://bitcoinworld.co.in/wp-content/uploads/OP-Price-Chart-2-483x300.png 483w, https://bitcoinworld.co.in/wp-content/uploads/OP-Price-Chart-2.png 760w" sizes="(max-width: 560px) 100vw, 560px">
 <figcaption id="caption-attachment-61942" class="wp-caption-text">
 OP Price Chart | Source: Coinstats
 </figcaption>
</figure> 
&nbsp; 
This continues its negative trend over the past week where it has experienced a 13.0% loss, moving from $3.7 to its current price. 
The chart below compares the price movement and volatility for Optimism (OP) over the past 24 hours (left) to its price movement over the past week (right).&nbsp; 
<figure id="attachment_61944" aria-describedby="caption-attachment-61944" style="width: 100%" class="wp-caption aligncenter">
 <img loading="lazy" decoding="async" class=" wp-image-61944" src="https://bitcoinworld.co.in/wp-content/uploads/OP-Price-and-Volatility-1-563x300.webp" alt="" width="608" height="324" srcset="https://bitcoinworld.co.in/wp-content/uploads/OP-Price-and-Volatility-1-563x300.webp 563w, https://bitcoinworld.co.in/wp-content/uploads/OP-Price-and-Volatility-1-938x500.webp 938w, https://bitcoinworld.co.in/wp-content/uploads/OP-Price-and-Volatility-1-1125x600.webp 1125w, https://bitcoinworld.co.in/wp-content/uploads/OP-Price-and-Volatility-1-768x410.webp 768w, https://bitcoinworld.co.in/wp-content/uploads/OP-Price-and-Volatility-1-1536x819.webp 1536w, https://bitcoinworld.co.in/wp-content/uploads/OP-Price-and-Volatility-1.webp 1920w" sizes="(max-width: 608px) 100vw, 608px">
 <figcaption id="caption-attachment-61944" class="wp-caption-text">
 OP Price and Volatility
 </figcaption>
</figure> 
&nbsp; 
The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements.&nbsp; 
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The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility. 
The trading volume for the coin has decreased 41.0% over the past week, while the overall circulating supply of the coin has increased 5.17% to over 957.38 million.&nbsp; 
<figure id="attachment_61943" aria-describedby="caption-attachment-61943" style="width: 100%" class="wp-caption aligncenter">
 <img loading="lazy" decoding="async" class=" wp-image-61943" src="https://bitcoinworld.co.in/wp-content/uploads/OP-Circulating-Supply-and-Trading-Volume-1-563x300.webp" alt="" width="664" height="354" srcset="https://bitcoinworld.co.in/wp-content/uploads/OP-Circulating-Supply-and-Trading-Volume-1-563x300.webp 563w, https://bitcoinworld.co.in/wp-content/uploads/OP-Circulating-Supply-and-Trading-Volume-1-938x500.webp 938w, https://bitcoinworld.co.in/wp-content/uploads/OP-Circulating-Supply-and-Trading-Volume-1-1125x600.webp 1125w, https://bitcoinworld.co.in/wp-content/uploads/OP-Circulating-Supply-and-Trading-Volume-1-768x410.webp 768w, https://bitcoinworld.co.in/wp-content/uploads/OP-Circulating-Supply-and-Trading-Volume-1-1536x819.webp 1536w, https://bitcoinworld.co.in/wp-content/uploads/OP-Circulating-Supply-and-Trading-Volume-1.webp 1920w" sizes="(max-width: 664px) 100vw, 664px">
 <figcaption id="caption-attachment-61943" class="wp-caption-text">
 OP Circulating Supply and Trading Volume
 </figcaption>
</figure> 
&nbsp; 
This puts its current circulating supply at an estimated 22.29% of its max supply, which is 4.29 billion.&nbsp; 
The current market cap ranking for OP is #30 at $3.10 billion. 
<blockquote>
 Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.
</blockquote> 
The post <a href="https://bitcoinworld.co.in/price-analysis-the-price-of-optimism-op-decreases-more-than-4-within-24-hours/">Price Analysis: The Price Of Optimism (OP) Decreases More Than 4% Within 24 Hours</a> appeared first on <a href="https://bitcoinworld.co.in">BitcoinWorld</a>.

Price Analysis: The Price Of Optimism (OP) Decreases More Than 4% Within 24 Hours

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