Price Movement – OKB:
OKB is one of the most promising projects. At the time of writing, OKB is being traded at the price of $29.98. The price of OKB has decreased by almost 1.01% in the past 24 hours. The daily trading volume has increased by almost 19.54% in one day. OKB is listed on coinmarketcap at 82nd spot according to market capital and has a market dominance of about 0.06%.
OKB before the crash had achieved it all-time high around the price of $42.36 in May 2021. It later fell down to the price of $9.068 during the crash and showed a reversal from there. Just like many other coins OKB has been fast to recover and is trying to regain the all-time high level.
OKB has a total supply of 300M tokens and has an equal circulating supply of 60M coins. OKB can be traded at a lot of different exchanges such as Binance, OKEx, Huobi with different trading pairs.
Technical Analysis – OKB
OKB has been printing higher highs and higher lows since the crash and has started to show parabolic movement a few days ago. Now the price is tagging up to the order block at the price of $42. Before the presence of a daily order block, there is also liquidity. These two things along with the fact the price is showing huge momentum are a confluence that the price is going to move upwards and tap the order block.
Once it taps the order block, it would be a defining point for the next few days. If the price consolidates above then we can expect OKB to create a new all-time high. If the price doesn’t create support there then we can expect it to be a fake-out and it can drop down to the lower order block. At that point, we can expect the price to move up again.
Long Term Prediction – OKB
According to wallet investors, the price of OKB is highly bullish in nature and is a safe investment, and would continue to grow more and more. According to their predictions OKB will reach a value of $43.142 in one year. For a five-year plan, OKB is expected to reach a value of $98.350. But many people think it will be much more than that in the future.