The post OP Price Prediction: Targets $0.37-$0.42 by February 2026 appeared on BitcoinEthereumNews.com. Alvin Lang Jan 17, 2026 07:12 Optimism (OP) shows bullishThe post OP Price Prediction: Targets $0.37-$0.42 by February 2026 appeared on BitcoinEthereumNews.com. Alvin Lang Jan 17, 2026 07:12 Optimism (OP) shows bullish

OP Price Prediction: Targets $0.37-$0.42 by February 2026



Alvin Lang
Jan 17, 2026 07:12

Optimism (OP) shows bullish momentum at $0.34 with neutral RSI and key resistance at $0.35. Technical analysis suggests 15-30% upside potential targeting $0.37-$0.42 range within 4 weeks.

OP Price Prediction Summary

• Short-term target (1 week): $0.35
• Medium-term forecast (1 month): $0.37-$0.42 range
• Bullish breakout level: $0.35
• Critical support: $0.32

What Crypto Analysts Are Saying About Optimism

Recent analyst predictions provide a cautiously optimistic outlook for Optimism’s price trajectory. Ted Hisokawa noted on January 14 that “technical indicators show Optimism trading near resistance with bullish momentum building. Analysts see 15-30% upside potential if key levels break in coming weeks,” with targets ranging from $0.37 to $0.42.

Joerg Hiller’s analysis from January 11 highlighted that “Optimism trades at $0.32 with neutral RSI and key resistance at $0.33. OP price prediction suggests potential 15% upside to $0.37 if breakout occurs in coming weeks.” This assessment aligns with current technical positioning as OP trades above those previously identified resistance levels.

Ted Hisokawa’s comprehensive forecast from January 12 provided structured targets: “Short-term target (1 week): $0.33; Medium-term forecast (1 month): $0.35–$0.37 range; Bullish breakout level: $0.33; Critical support: $0.30.” Given OP’s current position at $0.34, the token has already achieved the short-term target and appears positioned for the medium-term range.

OP Technical Analysis Breakdown

Optimism’s current technical setup presents a mixed but leaning bullish picture. Trading at $0.34, OP sits comfortably above its short-term moving averages, with the SMA 7 at $0.34, SMA 20 at $0.32, and SMA 50 at $0.30. This ascending moving average structure indicates positive momentum in the near term.

The RSI reading of 59.61 places Optimism in neutral territory, providing room for upward movement without entering overbought conditions. However, the MACD histogram at 0.0000 suggests bearish momentum, creating a divergence that traders should monitor closely.

Bollinger Bands analysis reveals OP positioned at 0.76 of the band width, with the upper band at $0.37 and lower band at $0.27. This positioning near the upper portion of the bands indicates recent strength while highlighting the $0.37 level as a key technical resistance zone that aligns with analyst price targets.

The daily ATR of $0.02 suggests moderate volatility, while the 24-hour trading range between $0.33-$0.35 establishes clear near-term support and resistance levels.

Optimism Price Targets: Bull vs Bear Case

Bullish Scenario

The optimistic Optimism forecast targets the $0.37-$0.42 range based on multiple convergent factors. A decisive break above the immediate resistance at $0.35 would likely trigger momentum toward the Bollinger Band upper limit at $0.37. Strong volume confirmation above this level could extend the rally to the analyst-projected $0.42 target, representing a 24% gain from current levels.

Technical confirmation would require sustained trading above $0.35 with increasing volume and RSI maintaining readings below 70 to avoid overbought conditions. The ascending moving average structure provides a supportive backdrop for such a move.

Bearish Scenario

Downside risks center around the $0.32-$0.33 support zone, which aligns with both the SMA 20 and identified strong support levels. A break below this area could target the $0.30 level, corresponding to the SMA 50 and previously identified critical support.

The MACD’s neutral-to-bearish momentum reading serves as a warning signal. Should broader market conditions deteriorate or sector-specific headwinds emerge, OP price prediction models suggest a potential retest of the lower Bollinger Band at $0.27, representing a 21% decline from current levels.

Should You Buy OP? Entry Strategy

Current technical positioning suggests a measured approach to OP accumulation. Conservative investors might consider dollar-cost averaging between current levels and the $0.32 support zone, capitalizing on any short-term weakness while maintaining exposure to upside potential.

More aggressive traders could consider entries on a confirmed break above $0.35 with stop-losses positioned below $0.32 to limit downside risk. This approach targets the $0.37-$0.42 range while maintaining a favorable risk-reward ratio.

Position sizing should account for the moderate volatility indicated by the ATR reading, and investors should avoid overleveraging given the mixed momentum signals present in the technical setup.

Conclusion

The OP price prediction for the coming weeks appears cautiously optimistic, with technical analysis supporting a move toward the $0.37-$0.42 range over the next month. The current price of $0.34 provides a reasonable entry point for those seeking exposure to Optimism’s potential upside, particularly given the supportive moving average structure and neutral RSI reading.

However, traders should remain vigilant regarding the bearish MACD momentum and prepare for potential volatility around key technical levels. The Optimism forecast carries moderate confidence given the convergence of analyst targets with technical resistance zones, though broader market conditions will ultimately influence the trajectory.

This analysis is for informational purposes only and should not be considered financial advice. Cryptocurrency investments carry significant risk, and past performance does not guarantee future results. Always conduct your own research and consider your risk tolerance before making investment decisions.

Image source: Shutterstock

Source: https://blockchain.news/news/20260117-op-price-prediction-targets-037-042-by-february-2026

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