OKB (OKBUSD) Bullish Rally May Continue

OKB (OKBUSD) Price Forecast: September 27

The OKBUSD pair saw a significant surge today. Meanwhile, the bullish rally may continue to a new all-time high, as buyers remain concerned about the asset’s appreciation. The coin market is in recovery mode, and hearts are pointing to a fresh bullish breakout towards the overhead region.
If the price breaks above the $244.19 peak barrier, the $250.00 resistance may become the target, signaling potential gains as the uptrend strengthens.

Key Levels:
Resistance Levels: $201.00, $202.00, $203.00
Support Levels:    $46.00, $45.00, $44.00

OKB (USD) Long-term Trend: Bullish (Daily Chart)

The OKB price breakout signals a potential for an extended bullish rally, fueled by renewed buying interest in its long-term outlook.
The recent growth in OKB has been driven by sustained bullish momentum, particularly after reaching a high of $188.33.

OKBUSD’s daily price breakout at the $194.12 resistance mark above the EMA-50 looks promising amidst soaring network activity, resulting in a 1.83% increase in market value as it experiences a remarkable surge.

However, if all of the existing support holds and the bulls can boost their buying enthusiasm, the price of OKB might continue to trade above the $244.19 mark.

According to the view, if further vigor is added to the buying pressure, the bullish run may continue and rise over the previous high.

Therefore, in its longer time frame, the bullish trend can continue to reach the upper resistance level of $250.00, providing coin buyers with an excellent entry opportunity.

OKB (USD) Medium-term Trend: Bullish (4H Chart)

The medium-term market value of OKB may continue its bullish rally as the price keeps moving toward the overhead resistance.
The coin price is above the supply threshold and remains bullish, indicating investors’ high confidence and interest in the asset.

The prior action by the bulls, which culminated in a high of $187.10, has enabled the token to maintain and sustain a steady upward trajectory in recent times.

At the time of writing this article, the price of OKBUSD rallied to a $194312 resistance level above the EMA-50 as the 4-hourly chart opened, resulting in an intraday gain for coin buyers.

Moreover, the bullish run may continue if buyers can redouble their efforts to forecast a bullish increase above the $210.11 supply mark, as the price pattern warns of prolonged buying with the double bottom forming in the chart above.

Additionally, the daily signal pointing upward suggests that the OKBUSD bullish run may continue trading above the supply threshold and continue to rise.

Given this, the price may surge in the upcoming days to the upper resistance level of $230.00, creating excitement among coin holders.

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