The OKB token price has been trading into the descending parallel channel for more than 2-month.
Today, OKB investors attempts to breach this falling channel to the upside and jumped the token price higher by 11.5%.
The OKB token price is moving towards the 200-day moving average line (yellow) of the EMA Ribbon indicator after the bounce-back over the daily price...
OKB has deep roots with several projects_ one my go to L2 swap for eth n wbtc or and ZKS
this one has had very predictable and steady price action (she seems to do esp well following btc n eth main market trends) this is one ive watched but not really played with. hopefully we get some v3 zks liquidity so we can scalp a way with out a VPN etc for those in usa...
OKB is currently trading above the support zone at $27.49. As long as this support is maintained, we could start seeing a move towards $32.60, $35.58, $39.38 and $50.36. Failure to hold the support at $27.49 could lead to a drop towards $24.26 and $21.55.
OKB is trying to break through the $22 zone to move up to the $26, $30 and $40 zone this November. But if it loses the $22 zone, we can buy it back at the $19 zone
♻️Condition : If 1-Day closes ABOVE 22$ zone
🔴Buy : 22
🔴Sell : 26 - 30 - 40
♻️Condition : If 1-Day closes BELOW 22$ zone
🔵Sell : 22
🔵Buy : 19
🚫Stoploss for Long :...
t : w
rank : 73
OKB is a cryptocurrency released by the OK Blockchain Foundation and Maltese crypto exchange, OKEx. The exchange is one of the largest in the world and currently ranks third in liquidity, fourth in trading volume, and provides a wide selection of trading pairs. OKEx is similar in many aspects to the cryptocurrency exchange giant Binance
Binance re positioned itself as a Platform instead of being a Broker
FTX as underwiter packager and handler of next big thing in the space
OKB is focused to corner and rule the metaverse gaming and nft sector with the CEO taking the lead
OKB has been one of the top-performing cryptocurrencies over the past week, with more than 58% gains. A very rare chart pattern, which on the surface might not say much, is pointing to a trend in the making. The recent explosive move was triggered by the Bollinger Bands squeeze and hook pattern.
Bollinger Bands Squeeze Pattern
In technical analysis, the...
Can we now start using the break of the trend line as support. If so, I expect another big pump. After hitting the demand zone we have risen almost 100% in a few days.......nice nice. The power of Supply and Demand.