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Optimism (OP) Price Signal: Buy or Sell?

Rank #83 · $0.0981 -3.1% 24h · Market cap $231.5M · Updated 2026-09-04 UTC close

Daily signal
SELL
Supertrend + SMA 200 · 348d
Weekly signal
SELL
20/10-day breakout · 7d
Monthly signal
BUY
55/20-day breakout · 14d
Yearly regime
CASH
Rising SMA 200 filter · 591d
Strength score
60/100
RSI (14)
53.4
Neutral zone
ADX (14)
23.3
Developing trend · +DI leads
Distance to SMA 200
-12.3%
SMA 200 at $0.1119

Optimism price chart with signals

$0.2377$0.0780120 days · price (blue) · SMA 200 (grey) · EMA 20 (light) · Supertrend (dashed)

Today's Optimism signal explained

Optimism is on a daily SELL signal: the Supertrend (10, 3) indicator has been bearish for 348 days. The trailing stop line sits at $0.1094; a daily close above it would flip the indicator back to bullish, and a close above the 200-day average ($0.1119) would be needed for a full buy.

The weekly swing signal is SELL (flat). Optimism would need a daily close above its 20-day high of $0.1122 to trigger a new breakout entry; this rule has been out of the market for 7 days.

The monthly position signal is BUY. Optimism cleared its 55-day closing high 14 days ago. The exit for this slower rule is a close below the 20-day low, now at $0.0821.

The yearly regime is CASH: either the price is below its 200-day moving average or that average is still falling. Long-term accumulation rules stay defensive until both conditions turn positive.

Momentum check: the 14-day RSI is at 53.4, MACD is above its signal line, and ADX at 23.3 indicates a developing trend. Volume is 0.96× its 20-day average. Over the last 7, 30 and 90 days Optimism has moved +8.9%, +11.5% and +4.6% respectively; it trades -88.2% from its 52-week high and +19.5% above its 52-week low.

Bullish checklist (6/10)

Optimism technical indicators (2026-09-04)

IndicatorValueReading
Price (daily close)$0.0981
EMA 9$0.0968Price above
EMA 20$0.0956Price above
EMA 50$0.0956Price above
SMA 50$0.0925Price above
SMA 200$0.1119Price below
Supertrend (10, 3)$0.1094Bearish
RSI (14)53.4Neutral
MACD (12, 26, 9)0.001262 / 0.001175Bullish crossover
ADX (14) / +DI / −DI23.3 / 29.3 / 18.3Weak trend
ATR (14)$0.007230567.4% daily range
Bollinger Bands (20, 2)$0.0790 – $0.1135Inside bands
20-day high / 10-day low$0.1122 / $0.0865Weekly breakout levels
55-day high / 20-day low$0.1122 / $0.0821Monthly breakout levels
52-week high / low$0.8316 / $0.0821-88.2% from high
Volume vs 20-day avg0.96×Normal

How these rules performed on Optimism (2022-06-01 → 2026-09-04)

RuleTotal returnMax drawdownTradesWin rateAvg trade
Buy & hold-92%-98%1
Daily (Supertrend + SMA 200)+87%-57%825%+16.1%
Weekly (20/10 breakout)-47%-84%3126%+1.7%
Monthly (55/20 breakout)+32%-72%1030%+10.9%
Yearly (rising SMA 200)+50%-58%540%+11.2%

Long-only simulation on Binance daily closes, 0.1% fee per side, signals executed on the next candle. Trend-following rules typically win less than half of their trades but capture the large moves; this is historical simulation, not a forecast.

Recent Optimism signal changes

DateTimeframeSignalPriceSince then
2026-08-29WeeklySELL$0.0887+10.6%
2026-08-22MonthlyBUY$0.1090-10.0%
2026-08-20WeeklyBUY$0.0980+0.1%
2026-05-27MonthlySELL$0.1237-20.7%
2026-05-16WeeklySELL$0.1331-26.3%
2026-05-06WeeklyBUY$0.1424-31.1%
2026-05-06MonthlyBUY$0.1424-31.1%
2026-04-29WeeklySELL$0.1197-18.0%
2026-04-15WeeklyBUY$0.1199-18.2%
2026-03-21WeeklySELL$0.1178-16.7%
2026-03-16WeeklyBUY$0.1375-28.7%
2026-01-20WeeklySELL$0.3000-67.3%
2026-01-03WeeklyBUY$0.3105-68.4%
2025-09-22DailySELL$0.7036-86.1%
2025-09-22WeeklySELL$0.7036-86.1%

Optimism signal FAQ

Is Optimism a buy or sell today?

As of 2026-09-04 the daily rule-based signal for Optimism (OP) is SELL, the weekly signal is SELL, the monthly signal is BUY and the yearly regime is CASH. These are automated technical readings, not investment advice.

What is the Optimism RSI right now?

The 14-day RSI for Optimism is 53.4. Readings above 70 are considered overbought and below 30 oversold, although in strong crypto trends RSI can stay elevated for weeks.

Is Optimism above its 200-day moving average?

Yes, no, Optimism trades -12.3% below its 200-day simple moving average of $0.1119.

How often are Optimism signals updated?

All Optimism signals on this page are recalculated automatically once per day, shortly after the 00:00 UTC daily candle closes on Binance.

What is the Optimism strength score?

The strength score of 60/100 counts how many of ten bullish technical conditions (moving averages, Supertrend, MACD, RSI, ADX and breakout levels) are currently true for Optimism. Higher means more indicators agree on an uptrend.

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Disclaimer: CryptoPriceSignal publishes automated, rule-based technical readings for informational and educational purposes only. Nothing on this site is financial, investment or trading advice. Cryptocurrencies are highly volatile; past performance of any indicator does not guarantee future results. Always do your own research and never invest more than you can afford to lose. Signals are recalculated once per day from the last completed daily candle (data as of 2026-09-04 UTC close).