The post OP Price Prediction: Targets $0.37-$0.42 Range by February 2026 appeared on BitcoinEthereumNews.com. Lawrence Jengar Jan 10, 2026 17:04 OP price predictionThe post OP Price Prediction: Targets $0.37-$0.42 Range by February 2026 appeared on BitcoinEthereumNews.com. Lawrence Jengar Jan 10, 2026 17:04 OP price prediction

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



Lawrence Jengar
Jan 10, 2026 17:04

OP price prediction analysis suggests Optimism could reach $0.37-$0.42 within 4-6 weeks if key resistance at $0.32 breaks, with current technical indicators showing neutral RSI and bullish MACD mom…

OP price prediction analysis suggests Optimism could reach $0.37-$0.42 within 4-6 weeks if key resistance at $0.32 breaks, with current technical indicators showing neutral RSI and bullish MACD momentum.

OP Price Prediction Summary

Short-term target (1 week): $0.33-$0.34
Medium-term forecast (1 month): $0.37-$0.42 range
Bullish breakout level: $0.34
Critical support: $0.30-$0.31

What Crypto Analysts Are Saying About Optimism

Recent analyst coverage from early January 2026 presents a mixed but cautiously optimistic outlook for Optimism’s price trajectory. Timothy Morano highlighted in his January 5 analysis that “OP price prediction shows potential 15-30% upside to $0.37-$0.42 range within 4-6 weeks if key $0.32 resistance breaks, supported by bullish MACD momentum.”

Earlier in the month, Morano noted that OP was at a “critical juncture at $0.31 with analysts targeting $0.37 resistance break for bullish continuation or potential decline to $0.25 support zone.” This assessment appears prescient given the current price action around the $0.32 level.

However, MEXC News presented a more conservative Optimism forecast on January 2, anticipating “range-bound trading between $0.22-$0.32, with a bias toward the lower end of this range” for January 2026. This bearish outlook contrasts with the current technical setup showing OP holding above the midpoint of that predicted range.

OP Technical Analysis Breakdown

The current technical picture for Optimism presents a compelling case for potential upside. Trading at $0.32, OP sits precisely at its pivot point, having experienced minimal volatility with only a -0.03% change over the past 24 hours.

RSI Analysis: The 14-period RSI reading of 58.25 indicates neutral momentum territory, providing room for upward movement without entering overbought conditions. This positioning suggests OP has breathing space for a potential rally without immediate selling pressure from momentum indicators.

MACD Momentum: The MACD histogram reading of 0.0000 with both MACD (0.0062) and signal line (0.0062) converging indicates bullish momentum is building. This technical setup often precedes significant price movements, particularly when combined with the current consolidation pattern.

Bollinger Bands Position: With a %B position of 0.7875, OP is trading in the upper portion of its Bollinger Bands range, suggesting strength relative to its recent 20-day average of $0.29. The upper band at $0.34 represents immediate resistance, while the lower band at $0.24 provides significant downside support.

Moving Average Structure: The short-term moving averages show a constructive pattern with the 7-day SMA ($0.32) aligned with current price, while the 20-day ($0.29) and 50-day ($0.30) averages provide nearby support. However, the 200-day SMA at $0.54 highlights the significant distance OP needs to travel to reclaim longer-term bullish territory.

Optimism Price Targets: Bull vs Bear Case

Bullish Scenario

The primary upside target for this OP price prediction centers on the $0.37-$0.42 range identified by recent analyst coverage. The technical pathway to these levels requires a decisive break above the immediate resistance at $0.34 (Bollinger Band upper boundary) and the strong resistance level at the same price point.

A successful breakout above $0.34 would likely trigger momentum-driven buying, potentially pushing OP toward the $0.37 level initially. From there, the $0.42 target represents approximately a 31% gain from current levels and would require sustained buying pressure and broader market support.

The bullish case is supported by the current MACD convergence, neutral RSI allowing for upward movement, and OP’s position above key short-term moving averages. Additionally, the relatively low daily volatility (ATR of $0.02) suggests a potential breakout could be explosive once directional momentum builds.

Bearish Scenario

The downside risk for Optimism focuses on the immediate support cluster between $0.30-$0.31. A breakdown below this level would likely trigger a test of the $0.25 support zone mentioned in earlier analyst coverage, representing a potential 22% decline from current levels.

The primary risk factors include the significant gap between current price ($0.32) and the 200-day moving average ($0.54), indicating OP remains in a longer-term downtrend. Additionally, if broader cryptocurrency market conditions deteriorate, OP could face pressure toward the lower Bollinger Band at $0.24.

A break below the strong support at $0.30 would invalidate the near-term bullish thesis and potentially open the door for a retest of the $0.22 low mentioned in the MEXC conservative forecast.

Should You Buy OP? Entry Strategy

Based on the current technical setup, potential entry strategies should focus on the key levels identified in this analysis. Conservative buyers might consider accumulating near the immediate support at $0.31, with a tight stop-loss below $0.30 to limit downside risk.

More aggressive traders could look for a breakout entry above $0.34, confirming the bullish momentum suggested by the MACD convergence. This approach would target the $0.37-$0.42 range while using the $0.32 pivot point as a stop-loss level.

Risk management remains crucial given the cryptocurrency market’s volatility. Position sizing should account for the possibility of a breakdown toward the $0.25-$0.30 support zone, particularly if broader market conditions shift unfavorably.

The current daily ATR of $0.02 suggests typical daily moves of approximately 6% from current levels, providing guidance for both profit-taking and stop-loss placement strategies.

Conclusion

This OP price prediction suggests a cautiously optimistic outlook for Optimism over the next 4-6 weeks. The convergence of neutral RSI, bullish MACD momentum, and constructive analyst targets in the $0.37-$0.42 range support the potential for meaningful upside if OP can break above the $0.34 resistance level.

However, traders should remain mindful of the significant technical work required to reclaim longer-term bullish momentum, as evidenced by the distance to the 200-day moving average. The key inflection point remains the ability to hold above $0.30-$0.31 support while building momentum for a sustained move higher.

Disclaimer: Cryptocurrency price predictions involve significant risk and uncertainty. This analysis is for educational purposes only and should not be considered financial advice. Always conduct your own research and consider your risk tolerance before making investment decisions.

Image source: Shutterstock

Source: https://blockchain.news/news/20260110-op-price-prediction-targets-037-042-range-by-february-2026

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