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.
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.
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.
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