OP/USD
Perpetual futures chart with SMA 50 deviation bands
OP/USD Chart
Price
SMA 50
+/-10%
+/-20%
+/-30%
Perpetual futures chart with SMA 50 deviation bands
Optimism is an Ethereum Layer 2 solution focused on scaling Ethereum with low fees. It powers the Superchain ecosystem of interconnected rollups.
SMA 50 (Yellow line): The 50-period Simple Moving Average shows the average price over the last 50 candles, indicating the overall trend direction.
Deviation Bands: The colored bands show ±10%, ±20%, and ±30% deviations from SMA 50. When price exceeds these bands, it may indicate overbought (above) or oversold (below) conditions.
Volume: The bars at the bottom show trading volume, helping confirm price movements with market participation.