The price action on Optimism (OP) Crypto looks like it’s breaking out of the channel, maybe heading toward $0.39. Many chartists are calling for further drops on OP. Is it over, or can it maintain that support? Also, what’s a better alternative to buy and stay in the market without taking such big risks? Here’s what you need to know.
#Optimism $OP looks to be breaking out of this channel, eyeing a potential move toward $0.39! pic.twitter.com/XwZXZJXRs0
— Ali (@ali_charts) June 13, 2025
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Optimism (OP) Crypto Does Not Look Good: Price Analysis
(SOURCE)
Optimism OP Crypto is an EVM-compatible optimistic rollup blockchain platform built on top of Ethereum. The Layer 2 chain is dumping over 30% within just 3 days. Looking at the chart, OP’s been in a straight-up downtrend all month. The price has dropped from over $0.70 to around $0.57, and it’s hitting a key support zone.
The drop on June 13th below $0.60, in particular, is a red flag, showing it could keep falling even further. The price is testing that $0.57 support, and if it doesn’t hold this zone, we could see it dip even lower.
In short, the chart’s showing weakness. There’s heavy resistance above, and if that $0.57 support breaks, more drops are probably coming. Unless something major changes, the downtrend looks set to continue.
New month, more Retro Funding.
Retro Funding rewarded 145 apps and 83 dev tools with 2.6M OP in May!
This season has 2 more months to go, meaning 2 more chances to get rewarded for your impact. pic.twitter.com/88zbtSJ4gj
— optimism.eth (@Optimism) June 11, 2025
Even though the chart looks rough, the team’s been making moves lately, but nothing seems to be stopping the downtrend. The token is listed on most major chains and is pulling in an average of $450M in daily volume. The next unlock is coming up in about 16 days, on June 30, and it’ll release 0.75% of the supply, which is just going to add more sell pressure to the market.
This uncertain price action makes it a risky buy right now. On the other hand, investors are jumping into fresh presales that are probably going to outperform the market. Check out this BTCBULL presale; it’s ending soon, so don’t miss out!
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Key Takeaways
- Optimism (OP) is in a downtrend, with price testing critical support at $0.57.
- BTCBULL presale offers a promising alternative, likely outperforming OP with higher potential returns.
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