Optimism Surges: OP Price Climbs on Volume Spike, Bullish Pattern Confirmed
The post Optimism Surges: OP Price Climbs on Volume Spike, Bullish Pattern Confirmed appeared on BitcoinEthereumNews.com. TLDR: Optimism price jumped to $0.8322 following a new spot listing on South Korea’s Upbit exchange. Trading volume soared over 717% in 24 hours, topping $1.1 billion. OP broke out of a falling wedge, signaling a potential bullish continuation. A token unlock of 31.34M OP may cause short-term selling pressure. Optimism (OP) is on the move again. The token reached a two-month high after being listed on a top Korean exchange. The volume exploded as traders rushed in, pushing momentum even further. Analysts say the move could set the tone for other Layer 2 tokens. However, upcoming token unlocks may lead to volatility in the short term. Upbit Listing Pushes OP Price to Two-Month High According to Coinpedia data, OP jumped to $0.8322 earlier this week after Upbit added it to its spot trading lineup. According to CoinGecko data, OP gained 12.49% in 24 hours and is now priced at $0.824. In just one day, trading volume soared over 717%, hitting more than $1.1 billion. This sharp uptick pushed OP beyond its recent resistance levels. According to the weekly chart by Coinpedia, OP has broken out of a falling wedge pattern, a move that traders view as a bullish shift. Bullish: $OP surged to a two-month high at $0.8322 in the past 24HR as Upbit listed #Optimism for spot trading. The trading volume also skyrocketed 437% to $681.5 million. What’s Next? #OP has broken out from a falling wedge pattern in the weekly time frame. With… pic.twitter.com/gJ6sF8sxXc — Coinpedia Markets (@MarketCoinpedia) July 28, 2025 Key resistance points are now at $0.96, $1.45, and $2.11, with support holding near $0.82. Technical analyst CryptoBull_360 suggested OP may be leading the charge in a broader Layer 2 rally. He pointed out that momentum is building not only in OP but also in other…
The post Optimism Surges: OP Price Climbs on Volume Spike, Bullish Pattern Confirmed appeared on BitcoinEthereumNews.com.
TLDR: Optimism price jumped to $0.8322 following a new spot listing on South Korea’s Upbit exchange. Trading volume soared over 717% in 24 hours, topping $1.1 billion. OP broke out of a falling wedge, signaling a potential bullish continuation. A token unlock of 31.34M OP may cause short-term selling pressure. Optimism (OP) is on the move again. The token reached a two-month high after being listed on a top Korean exchange. The volume exploded as traders rushed in, pushing momentum even further. Analysts say the move could set the tone for other Layer 2 tokens. However, upcoming token unlocks may lead to volatility in the short term. Upbit Listing Pushes OP Price to Two-Month High According to Coinpedia data, OP jumped to $0.8322 earlier this week after Upbit added it to its spot trading lineup. According to CoinGecko data, OP gained 12.49% in 24 hours and is now priced at $0.824. In just one day, trading volume soared over 717%, hitting more than $1.1 billion. This sharp uptick pushed OP beyond its recent resistance levels. According to the weekly chart by Coinpedia, OP has broken out of a falling wedge pattern, a move that traders view as a bullish shift. Bullish: $OP surged to a two-month high at $0.8322 in the past 24HR as Upbit listed #Optimism for spot trading. The trading volume also skyrocketed 437% to $681.5 million. What’s Next? #OP has broken out from a falling wedge pattern in the weekly time frame. With… pic.twitter.com/gJ6sF8sxXc — Coinpedia Markets (@MarketCoinpedia) July 28, 2025 Key resistance points are now at $0.96, $1.45, and $2.11, with support holding near $0.82. Technical analyst CryptoBull_360 suggested OP may be leading the charge in a broader Layer 2 rally. He pointed out that momentum is building not only in OP but also in other…
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