OKB (OKBUSD) Price Breakout Targets the $70.00 High Level

OKB (OKBUSD) Price Forecast: June 24

The OKB pair saw a significant surge today. The price breakout targets the $70.00 high mark as investors are concerned about the asset increases. The coin market is in recovery mode, and harts are pointing to a fresh bullish breakout towards the upper resistance. Amidst the increasing move, the bulls’ pressure may break the previous supply value at $61.91 and extend to reach the $70.00 upper resistance level after a strong recovery, triggering a fresh rally.

Key Levels:
Resistance Levels: $58.00, $59.00, $60.00
Support Levels: $45.00, $44.00, $43.00

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

The OKB market price breakout targets the upper channel as it triggers a bullish move and remains in an uptrend in the long-term outlook.
The sustained bullish impact at a $52.44 high level in the last action has contributed to its recent growth.

OKBUSD’s daily price breakout at the $56.24 resistance mark above the EMA-50 looks promising amidst soaring network activity, resulting in a 2.5% increase in market value as it experiences a remarkable surge.

The coin’s recent price spike may lead it to reach its anticipated target of $61.91, boosting investor trust in altcoins and raising hopes for further gains.

Additionally, the OKB pair price may experience a bullish breakout if the bulls’ effort improves as signaled by the daily stochastic pointing up, indicating an uptrend and a bullish breakout.

As a result, the next price breakout could target the $70.00 high trend mark in the higher time frame.

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

OKBUSD’s price targets a bullish breakout as it continues its rising pattern in its medium-term outlook. The coin is trading above the EMA-50, confirming a bullish trend.
The high order flow from the bulls to a $49.17 mark in the previous session also added to this bullishness lately.

At the time of writing this article, the price of OKB rallied to a $54.71 resistance level above the EMA-50 as the 4-hourly chart opened, resulting in an intraday gain for coin buyers.

Thus, a possible breakout from the current retracement at the $54.71 neckline will accelerate the buying momentum and push the prices toward the overhead resistance as the up-north journey continues.

Meanwhile, more surges are likely as suggested by the price indicator. In light of this, the OKBUSD price breakout target could reach as high as the $70.00 upper resistance mark in the medium-term time frame.

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