Cryptocurrency

Optimism

Avalanche

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Over the past 24 hours, the <a href="https://coinstats.app/coins/optimism/">price</a> of Optimism (OP) has risen 3.61% to $4.02.&nbsp; 
<figure id="attachment_66481" aria-describedby="caption-attachment-66481" style="width: 100%" class="wp-caption aligncenter">
 <img loading="lazy" decoding="async" class=" wp-image-66481" src="https://bitcoinworld.co.in/wp-content/uploads/OP-Price-Chart-3-483x300.png" alt="" width="618" height="384" srcset="https://bitcoinworld.co.in/wp-content/uploads/OP-Price-Chart-3-483x300.png 483w, https://bitcoinworld.co.in/wp-content/uploads/OP-Price-Chart-3.png 760w" sizes="(max-width: 618px) 100vw, 618px">
 <figcaption id="caption-attachment-66481" class="wp-caption-text">
 OP Price Chart | Source: Coinstats
 </figcaption>
</figure> 
&nbsp; 
This continues its positive trend over the past week where it has experienced a 9.0% gain, moving from $3.7 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-avalanche-avax-price-down-more-than-3-within-24-hours/" aria-label="“Price Analysis: Avalanche (AVAX) Price Down More Than 3% Within 24 Hours” (Edit)">Price Analysis: Avalanche (AVAX) Price Down 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_66455" aria-describedby="caption-attachment-66455" style="width: 100%" class="wp-caption aligncenter">
 <img loading="lazy" decoding="async" class=" wp-image-66455" src="https://bitcoinworld.co.in/wp-content/uploads/OP-Price-and-Volatility-Chart-563x300.webp" alt="" width="683" height="364" srcset="https://bitcoinworld.co.in/wp-content/uploads/OP-Price-and-Volatility-Chart-563x300.webp 563w, https://bitcoinworld.co.in/wp-content/uploads/OP-Price-and-Volatility-Chart-938x500.webp 938w, https://bitcoinworld.co.in/wp-content/uploads/OP-Price-and-Volatility-Chart-1125x600.webp 1125w, https://bitcoinworld.co.in/wp-content/uploads/OP-Price-and-Volatility-Chart-768x410.webp 768w, https://bitcoinworld.co.in/wp-content/uploads/OP-Price-and-Volatility-Chart-1536x819.webp 1536w, https://bitcoinworld.co.in/wp-content/uploads/OP-Price-and-Volatility-Chart.webp 1920w" sizes="(max-width: 683px) 100vw, 683px">
 <figcaption id="caption-attachment-66455" class="wp-caption-text">
 OP 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. 
The trading volume for the coin has climbed 38.0% over the past week, moving opposite, directionally, with the overall circulating supply of the coin, which has decreased 0.54%.&nbsp; 
<figure id="attachment_66454" aria-describedby="caption-attachment-66454" style="width: 100%" class="wp-caption aligncenter">
 <img loading="lazy" decoding="async" class=" wp-image-66454" src="https://bitcoinworld.co.in/wp-content/uploads/OP-Circulating-Supply-and-Trading-Volume-2-563x300.webp" alt="" width="691" height="368" srcset="https://bitcoinworld.co.in/wp-content/uploads/OP-Circulating-Supply-and-Trading-Volume-2-563x300.webp 563w, https://bitcoinworld.co.in/wp-content/uploads/OP-Circulating-Supply-and-Trading-Volume-2-938x500.webp 938w, https://bitcoinworld.co.in/wp-content/uploads/OP-Circulating-Supply-and-Trading-Volume-2-1125x600.webp 1125w, https://bitcoinworld.co.in/wp-content/uploads/OP-Circulating-Supply-and-Trading-Volume-2-768x410.webp 768w, https://bitcoinworld.co.in/wp-content/uploads/OP-Circulating-Supply-and-Trading-Volume-2-1536x819.webp 1536w, https://bitcoinworld.co.in/wp-content/uploads/OP-Circulating-Supply-and-Trading-Volume-2.webp 1920w" sizes="(max-width: 691px) 100vw, 691px">
 <figcaption id="caption-attachment-66454" class="wp-caption-text">
 OP 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 $3.84 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> 
&nbsp; 
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The post <a href="https://bitcoinworld.co.in/price-analysis-cryptocurrency-optimism-op-price-rises-more-than-3-in-24-hours/">Price Analysis: Cryptocurrency Optimism (OP) Price Rises More Than 3% In 24 Hours</a> appeared first on <a href="https://bitcoinworld.co.in">BitcoinWorld</a>.

Price Analysis: Cryptocurrency Optimism (OP) Price Rises More Than 3% In 24 Hours

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