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The Optimism price jumped 13% in the past 24 hours, trading at $0.8184 as of 1:36 a.m. EST, with trading volume rising 248% to $435 million.
The surge in the OP price comes after Upbit listed the crypto on its platform, with trading going live at around July 28, 4:30 p.m. KST.
Market Support Optimism(OP)
✅ Supported Markets: KRW, BTC, USDT Market
📅 Trading opens at : 2025-07-28 16:30 KST (estimated time)🔗Discover more: https://t.co/Fo0ipUYBq1#Upbit #OP @Optimism pic.twitter.com/QxIYdvpF0Z
— Upbit Korea (@Official_Upbit) July 28, 2025
With the listing sparking renewed interest, can the price of OP sustain its upward momentum?
Optimism Price Falling Wedge Breakout Signals Bullish Reversal Ahead
The OP price on a daily chart shows that the asset is on a bullish breakout from a long-term falling wedge pattern.
After forming a clear ABC corrective structure inside the wedge, the Optimism price bottomed near $0.55 and then began forming higher lows, signaling accumulation.
The breakout above the wedge resistance around the $0.69 zone was accompanied by a strong bullish candle and over 10% daily gain, pushing the price of Optimism to $0.8184, as data from GeckoTerminal shows.
This breakout has also propelled the price of OP decisively above the 50-day Simple Moving Average (SMA), a key medium-term resistance, turning it into support. The 200-day SMA at $0.8807 now stands as the next critical resistance level.
Meanwhile, the Relative Strength Index (RSI) is at 67.81, approaching the overbought threshold of 70, reflecting stronger buying momentum with space left for the price of OP to soar.
The Moving Average Convergence Divergence (MACD) blue line is above the orange signal line, and the histogram is in green territory, both of which are bullish signs.
If the momentum continues, OP is likely to retest the 200-day SMA around $0.88 in the near term. A successful break above that could see the Optimism price target $1.10, which also aligns with prior resistance zones.
However, in case of a pullback, the $0.75 level could offer a cushion against downward pressure.
Meanwhile, investors are piling into a new BTC-themed crypto called Bitcoin Hyper (HYPER), which aims to scale the Bitcoin blockchain.
According to 99Bitcoins, a popular crypto channel on YouTube with over 723K subscribers, HYPER could soar 10X after launch.
Bitcoin Hyper Token Presale Racing Towards The $6 Million Mark – Buy And Stake For 188% APY
With BTC being up 11% in the last month, BTC Hyper is proving to be one of the top tokens to buy during the current rally.
Investors are actively buying the token, having raised over $1.5 million in the last week alone, pushing funding to over $5.4 million.
Bitcoin Hyper aims to become BTC’s first full-fledged layer-2 (L2) execution network, built from the ground up to surpass the Bitcoin blockchain’s performance limits.
Unlike previous sidechains and L2 solutions, Bitcoin Hyper will leverage the Solana Virtual Machine (SVM), which is known for its high speed and proven reliability.
🚨 Bitcoin Hyper is now live in Best Wallet! 🚨@BTC_Hyper2 is building Bitcoin’s first Layer 2 focused on real scalability — enabling fast, cheap BTC transactions, meme coins, dApps, and more.
It’s secured by Bitcoin L1 and powered by Solana VM tech for high speed and massive… pic.twitter.com/5Ktj12RCR1
— Best Wallet (@BestWalletHQ) June 5, 2025
The SVM’s parallel processing architecture will enable a theoretical throughput of over 60,000 transactions per second (TPS), significantly outpacing Bitcoin’s base layer and even Web2 payment networks.
The project also functions on a decentralized Canonical Bridge, which ensures seamless and secure transfers between Bitcoin’s base layer and BTC Hyper.
Additionally, if you buy and stake now, you could unlock a 188% annual percentage yield (APY). However, this rate decreases as more people join, so timing is crucial.
Investors interested in participating in the presale can visit the official Bitcoin Hyper Token website to buy HYPER tokens for $0.012425 each using crypto or a bank card.
Buy before the next price increase in about 8 hours.
Visit the Bitcoin Hyper website.
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