OP Optimism

BINANCE Down Alert

Cryptocurrency

· How we analyze

Price performance at a glance

Last 7 days
  • 24 hours +1.1%
  • 7 days −13.9%
  • 30 days −21.1%
  • 1 year −75.0%
Range of the last 24 hours
−2.4%Price at 59% of the range+1.7%
52-week range
−27.9%Price at 8% of the range+307.1%
Distance from the all-time high
−97.7%

Our own calculation from exchange candles (USDT pair), as of Oct 28, 2026. “All-time” applies since the start of this series, not to the whole market. Changes in percent; the TradingView chart shows prices. We do not show market cap and rank. Not investment advice.

What is Optimism?

Optimism is an add-on network for Ethereum that bundles transactions and thus makes them cheaper. OP is the governance token. Crypto assets are highly volatile; a total loss is possible.

Read more

Optimism is a network on Ethereum that bundles transactions outside the main chain and thus lowers fees (layer 2). Its toolkit, the OP Stack, also serves as the basis for other networks such as Base. With OP, holders vote on further development and grants. As of Oct 18, 2026

Where is the price relative to the buy zone?

No buy zone

There is currently no buy zone for this symbol under our Elliott rule. One only forms when the price pulls back after a strong rise.

An observation, not investment advice

Rule (4-hour candles) No active buy zone – the last one ended on Oct 22, 2026 · Setup invalid (close below the start of wave 1)

Watcher Full history: every change of the buy zone with its date.

Automated analysis (rule-based)

How we analyze

Timeframe 4 hours · As of Oct 28, 2026

Elliott wave analysis Optimism (4-hour candles): Combination (W-X-Y), Corrective pattern (upward), Y complete (3 of 3 guidelines); no buy zone of the rule on this timeframe. Candlestick chart OP with 131 4-hour candles from Oct 6, 2026, 10:00 to Oct 28, 2026, 01:00. No buy zone of the rule on this timeframe – only the Elliott count: Combination (W-X-Y), Corrective pattern (upward), Y complete (3 of 3 guidelines) (X = 59% of W; Y = 100% of W), invalid on a close above the end of Y. No value axis. Automated analysis (rule-based), not investment advice. OP · 4-hour candles · Automated analysis (rule-based) No buy zone of the rule – Elliott count only invalid on a close above the end of Y 0 W X Y complete Oct 8 Oct 11 Oct 14 Oct 17 Oct 20 Oct 23 Oct 26 last candle Oct 28, 2026, 01:00 · not investment advice Without a buy zone of the rule: no value axis
  • 4-hour candles (green = close above open, red = below), candles: Binance
  • Elliott count (thin gold line, waves in circles; dashed circle = still in progress; small = subwaves; red dashed = invalidation level)

Elliott count: Combination (W-X-Y), Corrective pattern (upward), Y complete (3 of 3 guidelines) · X = 59% of W; Y = 100% of W

Note: Retracement at least 88.7% of A: flat possible (B in progress, type only with C).

Elliott count calculated automatically by fixed Elliott rules, not investment advice – display only, our buy zones do not use it. Provisional: The count can change with new candles.

Scenarios

Timeframe 4 hours · As of Oct 28, 2026 · from the Elliott count in the analysis chart

Weighting Main scenario (3 of 3 guidelines, strong) · no alternative

Weighting by guidelines met – not a probability.

Main scenario

strong · 3 of 3 guidelines

As long as the 4-hour close stays below the end of Y, this applies: complex countermove upward (Combination W-X-Y), Y complete – count points to falling prices.

Invalid if the 4-hour close is above the end of Y

Alternative

If that breaks, this count no longer applies. Currently no alternative that follows the rules.

Fundamental analysis is available for stocks only: cryptos have no company with revenue, profit and a balance sheet behind them.

Trend score -45

Price vs. EMA 50-15
Price vs. EMA 200-15
EMA 50 vs. EMA 200-20
ADX (trend strength)+0
Highs and lows-10
Relative strength+15

Volatility and trend strength

ADX 14 (trend strength)19.3
Rel. strength 60 d+19.6%

ATR and moving averages as price values only when logged in.

More cryptos

All cryptos

News

No recent news found. News is loaded automatically three times a day for trend stocks, symbols with a current Elliott setup and favorites.

Posts

No posts on OP yet – log in to join the discussion.

Posts are opinions of users and only visible after logging in. Community rules

Set alert: OP

Alerts with a free account: we send you an email as soon as the price moves above or below your level, reaches the Elliott buy zone or the Elliott buy zone becomes invalid.

Checked after every data update: crypto hourly (buy zones every 4 hours), stocks twice a day, precious metals every 4 hours on trading days, extended universe weekly – not in real time.

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