OKB (OKBUSD) Price Sticks to Its Bullish Path
Login

OKB (OKBUSD) Price Sticks to Its Bullish Path

Estimated Reading Time: 3 minutes
Article Rating:
Based on 1 vote
Login to rate this article.

Azeez Mustapha

Updated:

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong. Take 2 minutes to learn more


OKB (OKBUSD) Price Forecast: September 30

Today, the OKB market is showing promising signs of recovery as the price sticks to its bullish path and remains pressured above the crucial level, reflecting growing investors’ interest and confidence in the asset. The coin had a strong performance recently at $193.27 as it approached the upper range, reinforcing positive sentiments in the crypto market. The trend will therefore move upward to a high value of $244.27 if buyers can exert more and more work on their market tension, increasing the coin holders’ profit.

Key Levels:
Resistance Levels: $191.00, $192.00, $193.00
Support Levels:     $48.00, $47.00, $46.00

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

The OKB market remains positive and sticks to its bullishness on the higher time frames. Obviously, prices are trending above the EMA-50, suggesting a bullish trend due to the significant impact of buy investors.
OKB (OKBUSD) Price Sticks to Its Bullish Path The bulls’ high order flow to a $190.14 resistance level in the last session has contributed to the coin’s strength in its recent high.

The daily chart for today demonstrates a more extensive price rebound. At the time this article was written, the price of OKBUSD had surged to a $193.27 supply level above the EMA-50 as the bulls took a stance to continue the upward trend.

Therefore, maintaining the above moving averages suggests a strong possibility of a bullish pattern continuation.

Therefore, a significant break above the prior high level of $230.89 will increase the upward pressure on the cryptocurrency.

Further, the OKB price indicates an upward momentum on the daily signal, suggesting that the pair will stick to its bullish path, and this may reach the $244.27 upper resistance trend mark in its long-term outlook.

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

In its medium-term view, the coin price is still in a bull market and currently facing the overhead resistance.
OKB (OKBUSD) Price Sticks to Its Bullish Path Furthermore, the OKBUSD pair is reaching the upper resistance and advancing above the 50-day moving average, indicating a strong rise.

The coin’s recent high is the result of persistent bullish pressure that reached a high level of $190.29 in the previous action.

As the 4-hourly chart resumes today, the bulls have reached the resistance level of $193.27 above the moving average.

However, the buy traders could not relent, as they aim to continue trending up and drag the crypto price to a significant level on the upside.

Nonetheless, the bullish corrective at the aforementioned resistance level suggests that the bulls intend to push the price of OKB to a high level; if the price of the cryptocurrency continues to rise, the $210.05 supply trend line may eventually be the goal.

Buy OKB on eightap.com

  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
9.8
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
9
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$50 Min Deposit
9
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit
9

Learn to Trade

Never Miss A Trade Again

step 1
Signal Notification

Real-time signal notifications whenever a signal is opened, closes or Updated

step 2
Get Alerts

Immediate alerts to your email and mobile phone.

step 3
Entry Price Levels

Entry price level for every signal Just choose one of our Top Brokers in the list above to get all this free.

Share with other traders!

telegram
Telegram
forex
Forex
crypto
Crypto
algo
Algo
news
News