Optimism Surges 10.72% to $0.1157 in One Hour
Optimism (OP)
Editor:
Eugene Serbin
coinfanatica.com reported that Optimism price surged 10.72% to $0.1157 in just one hour. The asset broke ranks with many sideways altcoins, rising rapidly from $0.0995 to $0.1157 in a 60-minute window. This move marked a 20.14% change over the past 24 hours, with traders noting a volume of $5,573,992.9 in that period.
The price action highlights significant shifts in the altcoin market where many assets are experiencing increased momentum. Current conditions show the coin at $0.1157, representing a significant uptick from earlier levels. This volatility underscores the dynamic nature of its trading environment.
The surge could be a reaction to overall market dynamics as traders reallocate investments for higher returns. Traders are watching key levels, with resistance at $0.12 and support near $0.1. A break above resistance could signal further bullish momentum.
A drop below support might indicate a correction. Market conditions remain fluid as trends influence OP’s trajectory.
How the market reacted
Whalio's own Binance spot order flow for OP, measured when this story was written up on 18 September 2026. Not the outlet's figures.
Whalio data shows OP trading at $0.1010 with a 1h buy ratio of 58.7% and a 4h buy ratio of 56.8%. These short-term ratios are higher than the 24h buy ratio of 50.5%, indicating that buying pressure is building in the immediate term. The volume delta for the last hour is +$446,014, while the 4h delta is +$468,302, showing net inflows. The volume delta represents the difference between buy and sell volume, so positive numbers mean buyers are dominating. This net buying activity suggests strong demand for OP in the recent hours. The 24h volume delta is +$38,792, which is lower than the shorter-term deltas, suggesting the intense buying may be cooling off over the full day.
The latest daily buy ratio of 46.4% sits at the 5th percentile of the last 324 days, against a median of 50.1% - among the weakest buying days it has had.
Was that an ordinary day?
The same Binance spot measurements for OP, averaged over the days leading up to the story.
Over the preceding week, the 7d average buy ratio was 52.4%, compared to the latest day's 50.5%, a difference of -1.9 points. This indicates that today's buying intensity is slightly below the weekly average. The spot volume for the 24h period was $3,944,399, which is 0.83x the weekly average volume. This volume level suggests that trading activity is below the norm for this coin. Only 5 of the last 7 days saw net buying, while today's 11 hours of net buying out of 24 show a mixed but active session. The price change over 8 days was +7.7%, with a total volume delta of +$2,035,104 for the period.