OP Crypto Technical Analysis

Technical Sentiment Analysis for Optimism (OP) As of 2026-02-08, Optimism (OP) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 11 technical signals, shows that 2 indicators are flashing buy, while 9 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for OP stands at 27.734, which suggests a Buy condition. Meanwhile, the MACD (12, 26) indicator is at -0.0314, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 24.653 and the Commodity Channel Index (CCI) at -105.702 further confirm a -0.0801 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, OP is trading below its 60-day moving average of $0.286 and below its 200-day long-term moving average of $0.49. Key price levels to watch include the immediate resistance at $0.273 and strong support at $0.158. A break above $0.273 could signal a bull continuation, while falling below $0.158 may test the next Fibonacci floor at $0.1.