cryptocurrency

OKB (OKB) Price Prediction 2022 – Will OKB reach $35 soon?

  • The 2022 bullish OKB price forecast is $17.847 to $32.987.
  • OKB will also be priced at $35 soon.
  • The bearish OKB price prediction for 2022 is $9,677.

In the OKB (OKB) Price Forecast for 2022, we use statistics, price patterns, RSI, RVOL and other information about the OKB to analyze the future movement of the cryptocurrency.

OKB (OKB) Current Market Status

according to Queen GekkoOKB (OKB) price is $15.25 with a 24-hour trading volume of $18,756,344 at the time of writing. However, the OKB has fallen to 0.8% in the last 24 hours.

Furthermore, OKB (OKB) has a circulating supply of 251,627,611 OKB. Currently, OKB trades on cryptocurrency exchanges such as OKX, BitMart, LBank, MEXC, FTX and Gate.io.

What is OKB (OKB)?

OKB (OKB) is the original cryptocurrency of the OKX crypto exchange. Headquartered in Malta, OKX separated from China exchange OKCoin and became independent in 2017. The OKCoin platform assists with cryptocurrency trading while OKX supports the trading of cryptocurrencies and derivatives.

OKB launched as its original exchange token as ERC-20 token in 2018. OKB mainly acts as a trading fee within the platform. Users get voting rights to keep OKB tokens. OKB also offers discounts to exchange users and they are also offered to users as rewards.

OKB (OKB) Price Prediction 2022

OKB (OKB) is at number 24 on CoinGecko at the moment. The OKB 2022 price forecast is explained below with a daily time frame.

OKB / USDT ascending channel style (source: TradingView)

The above chart of OKB (OKB) has drawn a bullish channel pattern, also known as a bullish channel. The upper and lower trendlines connecting higher tops and higher troughs respectively appear to be moving within an upward slope. This pattern is generally characteristic of an uptrend.

Currently, OKB (OKB) is in the $15,196 range. If the pattern continues, OKB price could reach the $22.592 and $34.702 resistance levels. If the trend reverses, OKB price could drop to $13,435 and $9,603.

OKB (OKB) Support and Resistance Levels

The chart below shows the support and resistance levels for OKB (OKB).

United nationsUSDT Support and Resistance Level (Source: TradingView )

From the above daily time frame, we can clearly interpret the following as the resistance and support levels for OKB (OKB).

resistance level 1 USD 17,847
resistance level 2 USD 23,433
resistance level 3 USD 32,987
Support level 1 USD 13,772
Support level 2 USD 9,677
United nations support and resistance levels

The charts show that OKB has performed an upward trend over the past month. If this trend continues, the OKB may work in tandem with the bulls taking out the resistance at $32.987.

Accordingly, if investors turn against the cryptocurrency, the price of OKB could drop to close to $9,677, which is a bearish sign.

OKB (OKB) Price Prediction 2022 – RVOL, MA and RSI

The relative volume (RVOL) of the 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 volume of traders. Currently, the OKB’s RVOL is below the cutoff line, which indicates the weakness of participants in the current trend.

OKB / USDT RVOL, MA, RSI (Source: TradingView )

Moreover, the moving average (MA) of OKB (OKB) is shown in the above chart. Notably, OKB price is below 50 MA (short term), so it is quite in a downtrend. Currently, OKB is in a downturn. There is a possibility of a reversal of the OKB trend at any time.

Meanwhile, the OKB Relative Strength Index (RSI) is at 42.71. This means that OKB is in an oversold state. However, this means that a major price reversal from the MIR may occur in the coming days. Therefore, traders need to trade carefully.

OKB (OKB) Price Prediction 2022 – ADX, RVI

Let’s now look at the average trend index (ADX) for OKB (OKB). It helps to measure the overall strength of a trend. The indicator is the average of the values ​​of the expanding price range. This system attempts to measure the strength of price action in positive and negative trends using DMI indicators with ADX.

OKB / USDT ADX, RVI (Source: TradingView)

The chart above represents the ADX indicator for OKB (OKB). Currently, OKB is in the 15.416 range, which indicates a weak trend.

From the chart above, the OKB (OKB) Relative Volatility Index (RVI). RVI measures the continuous deviation of price changes over a period of time. The RVI for OKB is below 50, which indicates low volatility. In fact, the OKB RSI is at 42.71, which confirms a possible buy signal.

Comparison of OKB to BTC and ETH

The chart below shows a price comparison between Bitcoin, Ethereum, and OKB (OKB).

BTC Vs ETH Vs OKB Price Comparison (Source: TradingView)

From the above chart, we can interpret that BTC and OKB are moving in a similar direction. This indicates that when the price of BTC increases or decreases, the price of OKB also increases or decreases, respectively.

OKB (OKB) Price Prediction 2023

If the price movement’s decline completely slows down in momentum and the trend reverses, OKB (OKB) Maybe up to $45 by 2023.

OKB (OKB) Price Prediction 2024

With several network upgrades, OKB (OKB) may enter an upward trajectory. If the coin catches the attention of major investors, the OKB could rise to $55 by 2024.

OKB (OKB) Price Prediction 2025

If OKB (OKB) maintains key resistance levels and continues to be recognized as a better investment option among investors over the next three years, OKB will rise to $65.

OKB (OKB) Price Prediction 2026

If OKB (OKB) maintains key resistance levels and continues to be recognized as a better investment option among investors over the next four years, OKB will rise to $75.

OKB (OKB) Price Prediction 2027

If OKB (OKB) maintains key resistance levels and continues to be recognized as a better investment option among investors over the next five years, OKB will rise to $85.

OKB (OKB) Price Prediction 2028

If the OKB (OKB) holds a strong position as a better investment option for the next six years, it could see significant price hikes. Thus, by 2028, the price of the OKB will reach $ 95.

OKB (OKB) Price Prediction 2029

If investors flock and continue to place their bets on the OKB (OKB), this will see huge gains. OKB could reach $105 by 2029.

OKB (OKB) Price Prediction 2030

With greater developments in the OKX ecosystem, the crypto community may continue to invest in OKB (OKB) over the next eight years, driving up prices for the token significantly. Thus, the OKB (OKB) could reach $115 by 2030.

conclusion

With the continuous improvements in the OKX ecosystem, we can say that 2022 is a good year for OKB. Because of this, the bullish price forecast for OKB (OKB) in 2022 is $32.987. On the other hand, the bearish price forecast for OKB (OKB) for 2022 is $9,677.

Moreover, with the developments and improvements in the OKX ecosystem, the OKB (OKB) may perform up to $35 to attract the attention of investors. It will also rise to an all-time high (ATH) of $44.01 in the near future.

Instructions

1. What is OKB (OKB)?

OKB (OKB) is the original symbol for OKX. OKX, formerly known as OKEx, is a cryptocurrency exchange launched in 2017. The OKX token is used as a trading fee and bonus within the exchange.

2. Where can you buy OKB (OKB)?

OKB (OKB) is listed on several crypto exchanges which include OKX, BitMart, LBank, MEXC, FTX, and Gate.io.

3. Will OKB (OKB) reach a new ATH soon?

With the developments and updates going on within the OKX platform, OKB (OKB) has a high potential to reach ATH soon.

4. What is the current all-time high (ATH) for OKB (OKB)?

On May 3, 2021, OKB (OKB) reached a new all-time high (ATH) at $44.01.

5. Is OKB a good investment in 2022?

OKB (OKB) appears to be one of the best cryptocurrencies to gain this year. According to the achievements of OKX recorded in the past few months, OKB is a good investment in 2022.

6. Can OKB (OKB) come to $35?

OKB (OKB) is one of the active cryptocurrencies that continues to maintain its bullish state. Ultimately, if this uptrend continues, OKB (OKB) will reach $35 soon.

7. What is the price of OKB (OKB) by 2023?

The price of OKB (OKB) is expected to reach $45 by 2023.

8. What will be the price of OKB (OKB) by 2024?

The price of OKB (OKB) is expected to reach $55 by 2024.

9. How much will the price of OKB (OKB) be in 2025?

The OKB (OKB) price is expected to reach $65 by 2025.

10. What will be the price of OKB (OKB) by 2026?

The OKB (OKB) price is expected to reach $75 by 2026.

Disclaimer: The opinion expressed in this graph is that of the author only. It does not represent any investment advice. TheNewsCrypto team encourages everyone to do their own research before investing.

recommended to you

#OKB #OKB #Price #Prediction #OKB #reach

Related Articles

Leave a Reply

Your email address will not be published.

Back to top button