OKB | The Best Crypto Exchange token The price of OKB is 53 today with a 24hour trading volume of 144 million dollar . This represents a 13% price increase in the last 24 hours and 170% since last year
bear market is the best time to assessment and judge crypto projects and exchanges now lets look at Performance of cryptocurrency exchange platform coins in the past 360 days
OKB -8%
BNB -20%
HT -58%
CRO -82%
FTT -95%
OKB is a cryptocurrency released by the OK Blockchain Foundation and Maltese crypto exchange, OKEx.The OKB token plays an important role in the OKEx ecosystem, It allows users to receive up to a 40% discount on transactions The OK 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 has become a world-leading trading floor since its launch in 2017.Jay Hao joined OKEx as CEO from the beginning, and he still holds the position. long story short the team and founders are pros.
the daily vol and most indicators are bullish and positives and Okb is ready for higher targets like 55 and 57$
Okb
Approaching the resistance levelsThe price of OKB is around $42, approaching the resistance levels of $43 and $43.50. If the $43.50 resistance level is sustainably broken, it is expected that the upward trend will continue to higher levels.
Otherwise, there is a likelihood of the price retracing to the support levels of $42 and $41.50.
Formation of the TriangleOKB has recently formed a triangular pattern, where the upper side of the triangle is highlighted with black lines and has successfully broken upwards.
Based on this breakout, new price targets have been determined. Additionally, the lower side of the triangle is considered as an ascending trendline, serving a supportive role.
Currently, the price is moving according to the analysis performed.
However, the continuation of reaching the set targets depends on maintaining the ascending trendline. If, for any reason, this trendline breaks, the upward trend could halt, and the price might fall to the red line, which serves as another support line. Maintaining this trendline is crucial to prevent significant changes in the price trend.
OKB/BTC - Relative Strength & an upcoming opportunity What Altcoin has outperformed BTC by 1000% since February 2021? CRYPTOCAP:OKB Token from the OKX Exchange.
Potential Set Up in coming months
- Break out of the falling wedge
- Bounce from the lower diagonal support
Both to me offer entry points with defined stop loss's under the both trend lines. Lets keep an eye.
OKX is one of the few exchanges that also operates from Malta in Europe under MICA regulations and is possibly one of the only alts/exchange alts demonstrating relative strength against BTC.
PUKA
Key Support LevelOKB has recently reached its peak on February 13th, indicating a possible trend reversal or correction.
The overall trend remains bullish, supported by an ascending trend line. Current price corrections could extend to the ascending trend line and the 0.786 Fibonacci support level.
This analysis is for guidance only and shouldn't be taken as direct trading advice.
OKB a Perfect example of a successful analysis Dear all;
today I have OKB, this the first time a pay attention for this coin and guess what?
when I did analysis it using my tools it did respect my analysis pretty good so far, and I expect it
to hit all the target very easily.
I did notice another opportunity within the current one as you see in the chart and the all current target (T1) is almost matching with the new one (T2).
Good Luck.
OKB (OKB) 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, but there are a few key differences. The OKEx platform has its own cloud mining service, and the company has a more focused reach in providing options trading for users. Meanwhile, Binance strives to offer a broad range of crypto services globally
After Ht , OKB is another exchanges token were green for three weeks and trying to breaks its down trend but as you can see it moves in couple of arcs, the first big resistance for okb is 23
tp 17.9 , 18.3 , 18.9 , 20 , 21
sl 14.5 , 14
which exchange token got the biggest gain potential in a long term and why?
OKB: $28 | Gateway to Metaverse with Facebook Re Branding Oct 28Binance 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
OKBUSDT Fibonacci RevelationOKBUSDT is currently showcasing a promising bounce from the 78.6% Fibonacci support level, aligning perfectly with the downtrend trendline's breakout point.
The overarching sentiment leans bullish, and it appears the continuation of the uptrend is on the horizon.
Given the current price dynamics, this might present a favorable risk-reward buying scenario. However, we're approaching this with a touch of caution.
In terms of upward aspirations, we're eyeing a peak close to the extended ascending channel's upper edge.
OKBUSDTOKX:OKBUSDT SHORT
⚠️Note:
In this type of signals, only the entry point and trade direction are specified, and stop loss and target are not determined.
If you are interested in entering these signals, please provide a stop loss and a logical market-based target.
⛔"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help.#DYOR"
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OKBUSDT's Breakout Navigating the Potential for 90% UpswingBullish Transition:
💎The #OKX Exchange's utility token made a decisive break above its long-standing supply zone in February, firmly positioning itself in bullish territory ever since. This wasn't just a fleeting moment; it marked a significant shift in its trading dynamics.
Navigating the Zones:
💎Over the past six months, #OKBUSDT has been navigating between a $57 resistance and a $38 support. Intriguingly, what was once a supply zone has transformed into a demand zone, evidenced by two prominent rebounds.
Recent Price Movements:
💎Recent price movements respect the upward trendline on the logarithmic 3Day chart, overcoming a minor resistance with bullish determination. This pattern increasingly suggests we're on the cusp of a pivotal moment, potentially leaning towards an upward breakout.
Potential Upward Trend:
💎However, all eyes are on the descending trendline and the price behavior around it. If the bulls manage to breach this barrier, we could anticipate a continuation of the upward trend, aiming for the $73 dual Fibonacci resistance level. This scenario would represent a nearly 90% price ascent from the current demand zone.
Bearish Possibilities:
💎For any bearish undertones to emerge, the demand zone needs to be decisively compromised. Until such a shift, the narrative remains predominantly bullish. As of now, our focus is on the minor support around the $47 mark. Stay vigilant, Paradisers, and keep pace with the ever-evolving crypto landscape!
Range-Bound Trends and Potential SignalsOver the course of the last month, OKB has exhibited a highly distinctive and fluctuating pattern, with its price action confined within a specific range. Surprisingly, it has not yet reached the intended support level, which was anticipated around the $40 mark. Additionally, a dynamic resistance factor has been taken into consideration, implying that breaching this barrier could potentially serve as a promising signal for the currency, opening up the likelihood of significant growth towards the upper boundary of the daily time frame's range channel.
However, it is essential to remain cautious as certain factors may influence OKB's trajectory. If the ongoing market reactions persist and fail to attract substantial demand, there is a possibility that the price decline could persist and push the value down towards the $40 range, testing the lower limits of the established trading range.
In summary, the current analysis reveals that OKB has experienced notable volatility over the past month and is yet to encounter the anticipated support at $40. Should it manage to overcome the dynamic resistance ahead, a bullish scenario becomes more likely, with potential for substantial growth towards the upper boundaries of its daily range channel. Nevertheless, vigilance is warranted, as sustained lack of demand could lead to further price reductions, putting the $40 range support to the test once again. Traders and investors must closely monitor these factors to make informed decisions in this ever-evolving market environment.
OKB Analysis - Exploring Support Levels And Price ReactionsDuring the past month, OKB has exhibited a notable positive response when reaching the support level around 40. The price of this cryptocurrency continued to rise, eventually breaking the resistance of the downward trend line and reaching the midline of the main channel. However, upon reaching the midline, a strong negative reaction was observed. Based on the two reactions to the midline resistance, it appears that OKB has the potential for a corrective movement towards a lower support range in the weekly timeframe.
It is worth mentioning that a twin ceiling pattern can be observed on the weekly chart of OKB. However, confirmation of this pattern would require a breach of the 40 support level. If such a breach occurs, it is likely that the price decline will extend to the range of 31.50 to 32.7.
In the daily timeframe, OKB has established a range-bound trend between the specified resistance and support levels. In the event of a market correction, it is possible for the price of this cryptocurrency to decrease towards the second support level within the designated range.
OKB falls with the help of Expanding Flat(Short term)❗️OKB is moving above the descending channel and near the 🔴 resistance zone($ 47-$ 46.6) 🔴.
In terms of Elliott waves, the rise of OKB to the above descending channel happened with the help of the common Expanding Flat pattern(ABC/3-3-5).
I expect OKB to fall to at least the middle line of the descending channel after breaking the 🟢 support zone($ 46.25-$ 46) 🟢.
OKB Analyze ( OKX:OKBUSDT ), 15-minute time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
5 Altcoins Analysis in 1 Video 📹 OKXIDEASDear TradingView community and fellow traders,
I am Richard, also known as theSignalyst and here is my fourth OKX contest submission => OKXIDEAS
Today I will be going over 5 Altcoins Analysis => OKB, ARB, OP, APT, and NEAR.
Let me know which altcoins would you like me to cover next.
Hope you find this video useful. It's important to always adhere to your trading plan, including entry points, risk management strategies, and trade management techniques.
All Strategies Are Good; If Managed Properly!
~Richard
Disclaimer: The information provided is for educational and informational purposes only and should not be considered as financial advice. It is important to do your own research and make informed decisions before entering any trades. Past performance is not indicative of future results. Always be aware of the potential for losses, and never risk more than you can afford to lose.
OKB analysis: expecting wave 5 🚀Hello, in this post I will share a detailed analysis of OKB.
🛠️ OKB is a utility token from OKX exchange.
With it, it is possible to have discounts on trading fees and passive income in DeFi/CeFi.
OKX is one of the largest CEX (Centralized Exchange).
📆 Previously on August 2, 2022, I had already analyzed this token, but in the BTC quote:
As seen, the Fibonacci target of 1,618 has already been reached.
Now the next target is on projection 2, copying the same height as the triangle below.
🟢 Going back to the USDT quoted chart, reducing the timeframe to 1 day, we have a symmetrical triangle.
Price broke above the triangle, and performed a throwback, allowing for an entry.
That said, we have a bullish bias for this asset.
🌲 So far we've analyzed the tree.
Let's analyze the forest.
Comparing the 1-year performance of the main exchanges plus BTC:
Which shows that the token is above average.
OKB - The Token for OKX Exchange Part 2OKB / BTC (Part 2)
Part 1 is OKB / USD.
I continue my search for coins/tokens that outpace BTC.
- Broken out of parallel channel & retest.
- Bounce off 200 week could present buying opportunity.
Fundamentals interesting
- Top 25 Token by Market Cap.
- OKX is a Malta-based crypto exchange OKX (Europe)
- The OKX platform is the de facto European counterpart of the leading Chinese exchange, OKCoin. OKB is the global utility token issued by the OKX exchange, much like Binance offers BNB utility token.
- The OKX Platform has the 7th largest Trading volume in crypto (just under Bybit and Bitfinex)
- With MICA crypto regulations recently approved this could offer OKX a MASSIVE opportunity to compete with those in the top 5.
- Designated as having a clean reserve by Crypto quant (excludes OKB token in POR calcs).