6 min readPublished On: August 30, 2023By

Optimism is the 96th largest cryptocurrency by market cap, commanding a $ 317.90M capitalization. Since it first started trading in 2022, the price of OP, the native cryptocurrency of the Optimism network, decreased by -2.23%.

In this article, we are going to examine Optimism price predictions for 2023, 2024, 2025, and 2030 and try to determine whether Optimism can reach $ 10.00.

Optimism price prediction key takeaways

Optimism price prediction 2023

According to our Optimism price prediction for 2023, OP is expected to trade between $ 1.34 and $ 1.78, with an average price of $ 1.56. At the end of the year, OP is expected to trade at $ 1.68.

Optimism price prediction 2024

Optimism is forecasted to reach a high of $ 2.42 next year, with an average OP price of $ 1.82. On the low end, Optimism is expected to bottom out at $ 1.34 in 2024. By the end of the year, we could see Optimism change hands at $ 2.18.

Optimism price prediction 2025

In 2025, Optimism could see a peak price of $ 6.41 and a low of $ 2.19. The average Optimism price prediction for 2025 is $ 4.12. By year’s end, OP is expected to trade at $ 3.27.

Optimism price prediction 2030

On a longer time scale, our Optimism price forecast for 2030 projects OP to reach a maximum price of $ 6.26. Conversely, OP could trade as low as $ 4.94 during the year, whereas the average Optimism price is predicted to move around $ 5.47. By the end of 2030, Optimism is predicted to trade at $ 6.24.

Optimism (OP) overview

CryptocurrencyOptimism
TickerOP
Market Cap$ 317.90M
24H Trading Volume$ 429.31M
Circulating Supply214.75M
Total Supply4.29B
7-Day Price Change-5.4%
1-Month Price Change-13.4%
1-Year Change29.14%
Optimism ROI-2.23%
All-Time High$ 3.26
All-Time Low$ 0.401121
Data provided by CoinCodex

With a circulating supply of 214.75M OP, the Optimism cryptocurrency project commands a market cap of $ 317.90M, good for the 96th spot in the crypto market.

In the last 24 hours, $ 429.31M worth of OP changed hands across 50 crypto exchanges, with Binance accounting for the largest share of OP trading volume.

Optimism price history

The price of Optimism has been trending in the positive direction in the past 24 hours, increasing by 4.68% to $ 1.48. In the past week, Optimism’s price lost -5.4%.

In addition, Optimism lost -13.4% in the past month, having traded in the green zone in 16 of the last 30 days.

On a longer time horizon, Cardano saw positive price activity in the last 3 months, underscored by the -13.4% move to the top. Meanwhile, the price of OP increased by 29.14% in the past year. Overall, Optimism is trading down -2.23% since it first started trading in 2022.

Optimism technical analysis

Based on technical indicators tracked by InvestMage, investor sentiment regarding Optimism is currently bearish, with high volatility score of 6.18% (volatility is a measure of an asset’s price fluctuations).

Optimism is changing hands above the 200-day simple moving average (SMA), a common bearish signal. Also, the price of OP is currently above the 50-day SMA, which is widely regarded as a bearish indicator.

The Fear & Greed Index, a popular measure of market sentiment, is 49 (Neutral). Meanwhile, RSI (Relative Strength Index), a popular market momentum indicator, is at 47.97, indicating that OP is changing hands in undervalued zone. Overall, there are 7 technical analysis indicators that indicate bullish market activity, and 18 that forecast bearish activity for Optimism.

Optimism price predictions 2023-2030

YearMinimum PriceAverage PriceMaximum Price
2023$ 1.34$ 1.56$ 1.78
2024$ 1.34$ 1.82$ 2.42
2025$ 2.19$ 4.12$ 6.41
2026$ 2.32$ 2.70$ 3.34
2027$ 2.40$ 3.23$ 4.82
2028$ 4.30$ 4.42$ 4.86
2029$ 4.64$ 6.03$ 8.75
2030$ 4.94$ 5.47$ 6.26

According to our long-term Optimism prediction, the cryptocurrency is expected to reach a high point of $ 8.75 at some point in February 2029. On the other end of the spectrum, Optimism could bottom out at $ 1.34 in October 2023. Per the prediction, Optimism will have the highest average price of $ 6.03 in 2029.

With a brief overview of Optimism price predictions for 2023 to 2030 in the rearview mirror, let’s dive deeper into separate yearly price predictions for OP.

Optimism price prediction 2023

MonthMinimum PriceAverage PriceMaximum Price
September$ 1.35$ 1.48$ 1.67
October$ 1.34$ 1.53$ 1.68
November$ 1.39$ 1.56$ 1.73
December$ 1.49$ 1.66$ 1.78

This year, Optimism is expected to trade in a price range between $ 1.34 and $ 1.78, with the average price of $ 1.56 per OP coin. The price of OP is expected to increase by 13.39% by the end of the year.

Optimism price prediction 2024

MonthMinimum PriceAverage PriceMaximum Price
September$ 1.35$ 1.48$ 1.67
October$ 1.34$ 1.53$ 1.68
November$ 1.39$ 1.56$ 1.73
December$ 1.49$ 1.66$ 1.78
January$ 1.64$ 1.91$ 2.42
February$ 1.73$ 1.97$ 2.19
March$ 1.75$ 1.98$ 2.23
April$ 1.63$ 1.86$ 2.14
May$ 1.64$ 1.86$ 2.10
June$ 1.73$ 1.97$ 2.16
July$ 1.84$ 2.00$ 2.24
August$ 1.85$ 2.11$ 2.41

In 2024, Optimism is forecasted to trade in a price channel between $ 1.34 and $ 2.42. On average, OP is expected to change hands at $ 1.82 during the year. The most bullish month per OP could be January, when the currency could trade 63.24% higher than today.

Optimism price prediction 2025

MonthMinimum PriceAverage PriceMaximum Price
September$ 2.19$ 2.99$ 4.43
October$ 4.07$ 5.39$ 6.41
November$ 4.20$ 4.94$ 5.65
January$ 4.35$ 5.01$ 5.33
January$ 3.69$ 4.16$ 4.43
February$ 3.37$ 3.85$ 4.28
March$ 3.25$ 3.49$ 3.71
April$ 3.36$ 3.64$ 4.28
May$ 3.99$ 4.18$ 4.37
July$ 4.10$ 4.23$ 4.34
July$ 3.54$ 3.91$ 4.10
August$ 3.27$ 3.59$ 3.73

Generally speaking, Optimism price prediction for 2025 is bullish. The OP cryptocurrency is forecasted to hit a high point of $ 6.41 in October and reach a low of $ 2.19 in September. Overall, Optimism is expected to trade at an average price of $ 4.12 in 2025.

Optimism price prediction 2030

MonthMinimum PriceAverage PriceMaximum Price
September$ 5.59$ 5.70$ 5.77
October$ 5.65$ 5.90$ 6.12
November$ 5.64$ 5.75$ 5.91
December$ 5.67$ 5.72$ 5.77
January$ 5.66$ 5.70$ 5.74
February$ 5.09$ 5.36$ 5.71
March$ 4.94$ 5.04$ 5.14
April$ 4.99$ 5.04$ 5.13
May$ 4.98$ 5.05$ 5.12
June$ 5.07$ 5.11$ 5.16
July$ 5.17$ 5.40$ 5.49
August$ 5.44$ 5.87$ 6.26

In the long term, Optimism could reach a price of $ 6.26 in August. That’s a rather optimistic scenario, as OP could trade as low as $ 4.94 in March. Overall, OP’s price is projected to hover at around $ 5.47 in 2030, about 269.59% above the current price of $ 1.48.

Optimism price prediction FAQs

Is Optimism a good investment?

According to InvestMage’s prediction, Optimism could gain as much as 490.88% by 2029, making it a potentially good investment. Keep in mind that the prediction is not set in stone and we could easily see Optimism either surpass or not reach the price targets outlined in this article.

Can Optimism reach $ 10.00?

Optimism would need to gain 675.53% to reach $ 10.00. According to our prediction, Optimism could hit $ 10.00 in September 2032.

What is the Optimism price prediction for 2023?

In 2023, Optimism is predicted to trade in a price range between $ 1.78 and $ 1.34, with the average price being $ 1.56. The average price is about 5.05% higher than Optimism’s current price.

What is the Optimism price prediction for 2024?

Optimism is projected to trade in a price range between $ 2.42 and $ 1.34, with the average price of $ 1.82 throughout the year. The price of Optimism is expected to increase by 23.18% in 2024 (compared to Optimism’s current price).

What is the Optimism price prediction for 2025?

Optimism is forecasted to change hands in a price channel bound by $ 6.41 on the high end and $ 2.19 on the low end. Optimism is expected to have an average price of $ 1.82 in 2025, which is about 178.36% higher than Optimism’s current price of $ 1.48.

What is the Optimism price prediction for 2030?

The Optimism price algorithm predicts that OP will move between $ 6.26 and $ 4.94 in 2030, with the average price being $ 5.47, about 269.59% higher compared to OP’s current price.

Will Optimism go up?

According to the InvestMage predictions, Optimism is expected to go up in value by 23.18% by next year. In 2024, the OP cryptocurrency could trade up 178.36% compared to today. By 2030, Optimism’s price is expected to increase by 269.59%, and reach $ 5.47.

How do we predict the price of Optimism?

The price of Optimism is algorithmically predicted using historical market price data for OP and a combination of technical indicators, including RSI, Stoch RSI, SMA50, SMA200, EMA, and several others.

About the Author: Dave N. Clarke

Dave N. Clarke
Dave N. Clarke is a writer specializing in new financial technologies. Dave is most interested in the latest advancements in cryptocurrency and blockchain technology, but also occasionally covers traditional markets.

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