- Bullish OKB price prediction is $22.651 to $34.997.
- OKB (OKB) price might also reach $25 soon.
- Bearish OKB price prediction for 2022 is $9.658.
OKB (OKB) Current Market Status
OKB (OKB) is the native cryptocurrency of the OKX crypto exchange. The Malta-based exchange, OKX separated from the China-based OKCoin exchange platform and became independent in 2017. OKCoin exchange aids fiat-crypto trading whereas OKX supports cryptocurrency and derivatives trading.
Its native exchange token, OKB, was launched as an ERC-20 token in 2018. OKB primarily serves as the trading fees within the platform. Users gain voting rights on holding the OKB tokens. OKB also provides discounts to the exchange users and is also offered to users as rewards.
OKB (OKB) Price Prediction 2022
The above chart of OKB (OKB) laid out an ascending channel pattern, also known as the rising channel. The upper and lower trend lines that connect the higher highs and higher lows respectively appear to move within a rising slope. This pattern is generally a characteristic of a bullish trend.
Currently, OKB (OKB) is in the range of $21.19. If the pattern continues, the price of OKB might reach the resistance levels of $22.651 and $34.997 If the trend reverses, then the price of OKB may fall to $9.658.
OKB (OKB) Support and Resistance Levels
|Resistance Level 1||$17.850|
|Resistance Level 2||$23.465|
|Resistance Level 3||$32.964|
OKB (OKB) Price Prediction 2022 — RVOL, MA, and RSI
The Relative Volume (RVOL) of OKB (OKB) is shown in the chart below. It is an indicator of how the current trading volume has changed over a period of time from the previous trading volume. Currently, the RVOL of OKB lies below the cutoff line, indicating weak participants in the current trend.
Also, the Moving Average (MA) of OKB (OKB) is shown in the chart above. Notably, the OKB (OKB) price lies above 50 MA (short-term), so it is in an uptrend. Currently, OKB has entered a bullish state. Therefore, there is a possibility of a reversal trend of OKB at any time.
Meanwhile, the relative strength index (RSI) of the OKB is 58.67.This means that OKB (OKB) is nearly in an overbought state. However, this means a major price reversal of OKB may occur in the upcoming days.So, traders need to trade carefully.
Let us now look at the Average Directional Index (ADX) of OKB (OKB). It helps to measure the overall strength of the trend. The indicator is the average of the expanding price range values. This system attempts to measure the strength of price movement in the positive and negative directions using DMI indicators with ADX.
The above chart also represents the Relative Volatility Index (RVI) of OKB (OKB). RVI measures the constant deviation of price changes over a period of time. The RVI of OKB lies above 50, indicating high volatility. In fact, the RSI of OKB (OKB) is at 58.67 thus confirming a potential buy signal.
Comparison of OKB with BTC, ETH
From the above chart, we can interpret that the price action of OKB is similar to BTC and ETH. This indicates that when the price of BTC and ETH increases, the price of OKB increases.When the price of BTC and ETH decreases,the price of OKB decreases.
OKB (OKB) Price Prediction 2023
OKB (OKB) Price Prediction 2024
OKB (OKB) Price Prediction 2025
OKB (OKB) Price Prediction 2026
OKB (OKB) Price Prediction 2027
OKB (OKB) Price Prediction 2028
OKB (OKB) holds up a strong stance as a better investment option for the next 6 years amid the trends in the highly-volatile crypto market. By driving significant price rallies, OKB would hit $43 in 2028.
OKB (OKB) Price Prediction 2029
OKB (OKB) Price Prediction 2030
With greater advancements in the Basic Attention TokenEcosystem, the crypto community might continue to invest in OKB for the next 8 years and drive significant price rallies for the token. Hence, OKB (OKB) might hit $50 by 2030.
With continuous improvements in the OKX ecosystem, we can say that 2022 is a good year for OKB. For this reason, the bullish price prediction of OKB (OKB) in 2022 is $32.964. On the other hand, the bearish price prediction of OKB (OKB) for 2022 is $13.743.
Furthermore, with the advancements and upgrades in the OKX ecosystem, the performance of OKB (OKB) might hit $25 gaining investors’ attention. It would also rise to reach above its all-time high (ATH) of $44.01 in the near future.
Disclaimer: The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.
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