- The OKB crypto has a maximum supply of 300,000,000 coins.
- The volume/market cap ratio of the OKB is 0.0032.
OKB represents a digital currency issued by the OK Blockchain Foundation in conjunction with the Maltese cryptocurrency exchange, OKEx. This exchange stands among the world’s largest exchanges, presently holding the third position in liquidity and the fourth position in trading volume. Additionally, it offers a diverse array of trading pairs.
Price Data of OKB Coin
The OKB coin is currently trading at $55.48, with a decline of -2.7% in the last 24 hours. The market cap rank of OKB coin is #24.
The market cap of the OKB coin is $3,331,178,065 and the market cap dominance is 0.23%, which is quite impressive.
The OKB coins 93.8% of positions are by the holders and only 0.64% are under the traders. The holders are individuals who hold the coin for more than one year. This represents that the coins are kept for a longer time, which is a positive signal.
OKB Technical Analysis
The OKB crypto is moving in the uptrend direction, followed by the formation of a higher high pattern. The OKB has recently shown a breakout from the triangle pattern, indicating the presence of buyers in the market.
The coin has given a rise of over 35% after the breakout and the price found the resistance at the $64.62 level. Presently, the crypto price is showing a sign of retracement after hitting an all-time high.
The overall structure of the OXB coin is positive and the price is likely to show positive returns in the upcoming days.
Technical Indicators Summary
The MACD line for the OKB coin currently exhibits an upward trend, indicating a favorable direction. The price reveals a promising crossover marked by the appearance of a green histogram, hinting at a potential upswing in the upcoming days.
Furthermore, the RSI for the OKB coin hovers at the 52 level, pointing to a positive zone and elevating the probability of a potential price increase.
Conclusion
As per the analysis, the coin is moving upwards and recently gave a breakout from the triangle pattern. The indicators are positive and the price has touched an all-time high. Hence, the price is expected to rise in the upcoming days.
Technical Levels
- Support Levels: $54.14 and $40.28
- Resistance Levels: $60.18 and $65.69
Disclaimer
The views and opinions of the author, or anyone else in this article, are for informational purposes only. They do not offer financial, investment, or other advice. Investing or trading crypto assets involves the risk of financial loss.