Keeping with the mission the prevailing factors could skyrocket its price to $4.16 by the end of 2025.Ĭonversely, if the leading cryptocurrency is attacked by bears, due to criticism from, rivals and worries about regulation. This makes the project one of the largest scaling solutions ever developed on the Ethereum mainnet. Optimism’s design approach is created about the picture of long-term sustainability and avoiding going for shortcuts to scalability. Optimism Price Prediction 2023 – 2030 Price Prediction Consequently, the standard price of OP might be $2.76. On the other hand, conditions like a protracted bear run might cause the cost to fall to $2.27. As a result, Optimism intends to incorporate features like EVM equivalence progressively and grow continually. And is guided by the demands and limitations faced in the actual world by its crew and the consumers who interact with the ecosystem. The ecosystem places an even greater emphasis on pragmatism. Following that, a trade activity balance could determine the final price to be $1.74. In contrast, the cryptocurrency’s cost can drop as low as $1.07. That being said, a sound community might create a great FOMO for the coin shooting up its price to $2.41. Conversely, if the bears continue to dominate the market then the price will continue to lose its value and will plunge to new lows. If the bulls manage to gain power, a trend reversal occurs and the coin manages to break out of the resistance level of $2.178 then a bullish momentum will ignite resulting in the coin gaining value. Further, the chart displays a rising average, suggesting the price will continue gaining value in the coming days. The Moving Average Convergence Divergence (MACD) displays a rising green histogram in its chart, indicating a strong buying and selling power. Since then the price has experienced a correction of 3% in value. The rally was short-lived as the price faced rejection at $2.254. Recently, the bulls regained momentum and displayed a jump of over 22% in value, resulting in the price breaking out of its key resistance level at $1.904. The price then traded sideways for over a week, indicating a decline in the price action for the coin. After the market pump, the price accumulated massive momentum and broke out of multiple resistance levels.

The coin displayed constant price fluctuations during the month.

Following that, the price gained momentum and managed to stabilize its price. The month of November had started on a neutral note as the price has constantly been trading in a consolidated range, indicating a bear power in the market. Optimism Price Prediction December 2023.

Optimism crypto price