Immutable

Optimism

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Over the past 24 hours, Optimism (OP) <a href="https://coinstats.app/coins/optimism/">price</a> rose 3.56% to $3.09.&nbsp; 
<figure id="attachment_64932" aria-describedby="caption-attachment-64932" style="width: 100%" class="wp-caption aligncenter">
 <img loading="lazy" decoding="async" class=" wp-image-64932" src="https://bitcoinworld.co.in/wp-content/uploads/Optimism-Price-Chart-1-483x300.png" alt="" width="673" height="418" srcset="https://bitcoinworld.co.in/wp-content/uploads/Optimism-Price-Chart-1-483x300.png 483w, https://bitcoinworld.co.in/wp-content/uploads/Optimism-Price-Chart-1.png 760w" sizes="(max-width: 673px) 100vw, 673px">
 <figcaption id="caption-attachment-64932" class="wp-caption-text">
 Optimism Price Chart | Source: Coinstats
 </figcaption>
</figure> 
&nbsp; 
This continues its positive trend over the past week where it has experienced a 1.0% gain, moving from $3.08 to its current price.&nbsp; 
As it stands right now, the coin’s all-time high is $4.23. 
See Also: <a class="row-title" href="https://bitcoinworld.co.in/price-analysis-immutable-imx-price-increased-more-than-3-within-24-hours/" aria-label="“Price Analysis: Immutable (IMX) Price Increased More Than 3% Within 24 Hours” (Edit)">Price Analysis: Immutable (IMX) Price Increased More Than 3% Within 24 Hours</a> 
The chart below compares the price movement and volatility for Optimism over the past 24 hours (left) to its price movement over the past week (right).&nbsp; 
<figure id="attachment_64934" aria-describedby="caption-attachment-64934" style="width: 100%" class="wp-caption aligncenter">
 <img loading="lazy" decoding="async" class=" wp-image-64934" src="https://bitcoinworld.co.in/wp-content/uploads/Optimism-Price-and-Volatility-Chart-563x300.webp" alt="" width="691" height="368" srcset="https://bitcoinworld.co.in/wp-content/uploads/Optimism-Price-and-Volatility-Chart-563x300.webp 563w, https://bitcoinworld.co.in/wp-content/uploads/Optimism-Price-and-Volatility-Chart-938x500.webp 938w, https://bitcoinworld.co.in/wp-content/uploads/Optimism-Price-and-Volatility-Chart-1125x600.webp 1125w, https://bitcoinworld.co.in/wp-content/uploads/Optimism-Price-and-Volatility-Chart-768x410.webp 768w, https://bitcoinworld.co.in/wp-content/uploads/Optimism-Price-and-Volatility-Chart-1536x819.webp 1536w, https://bitcoinworld.co.in/wp-content/uploads/Optimism-Price-and-Volatility-Chart.webp 1920w" sizes="(max-width: 691px) 100vw, 691px">
 <figcaption id="caption-attachment-64934" class="wp-caption-text">
 Optimism Price and Volatility Chart
 </figcaption>
</figure> 
&nbsp; 
The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements.&nbsp; 
The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility. 
Optimism’s trading volume has climbed 3.0% over the past week, moving in tandem, directionally, with the overall circulating supply of the coin, which has increased 1.41%.&nbsp; 
<figure id="attachment_64933" aria-describedby="caption-attachment-64933" style="width: 100%" class="wp-caption aligncenter">
 <img loading="lazy" decoding="async" class=" wp-image-64933" src="https://bitcoinworld.co.in/wp-content/uploads/Optimism-Circulating-Supply-and-Trading-Volume-1-563x300.webp" alt="" width="687" height="366" srcset="https://bitcoinworld.co.in/wp-content/uploads/Optimism-Circulating-Supply-and-Trading-Volume-1-563x300.webp 563w, https://bitcoinworld.co.in/wp-content/uploads/Optimism-Circulating-Supply-and-Trading-Volume-1-938x500.webp 938w, https://bitcoinworld.co.in/wp-content/uploads/Optimism-Circulating-Supply-and-Trading-Volume-1-1125x600.webp 1125w, https://bitcoinworld.co.in/wp-content/uploads/Optimism-Circulating-Supply-and-Trading-Volume-1-768x410.webp 768w, https://bitcoinworld.co.in/wp-content/uploads/Optimism-Circulating-Supply-and-Trading-Volume-1-1536x819.webp 1536w, https://bitcoinworld.co.in/wp-content/uploads/Optimism-Circulating-Supply-and-Trading-Volume-1.webp 1920w" sizes="(max-width: 687px) 100vw, 687px">
 <figcaption id="caption-attachment-64933" class="wp-caption-text">
 Optimism Circulating Supply and Trading Volume
 </figcaption>
</figure> 
&nbsp; 
This brings the circulating supply to 957.38 million, which makes up an estimated 22.29% of its max supply of 4.29 billion.&nbsp; 
According to our data, the current market cap ranking for OP is #31 at $2.97 billion. 
<blockquote>
 Disclaimer: The information provided is not trading nor financial advice. Bitcoinworld.co.in holds no liability for any trading or 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 trading or investment decisions.
</blockquote> 
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&nbsp; 
The post <a href="https://bitcoinworld.co.in/price-analysis-optimism-op-price-increased-more-than-3-within-24-hours/">Price Analysis: Optimism (OP) Price Increased More Than 3% Within 24 Hours</a> appeared first on <a href="https://bitcoinworld.co.in">BitcoinWorld</a>.

Price Analysis: Optimism (OP) Price Increased More Than 3% Within 24 Hours

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