Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.
- OKB is down -3.19% today against the US Dollar
- OKB/BTC decreased by -3.63% today
- OKB/ETH decreased by -4.28% today
- OKB is currently trading 10.59% above our prediction on Jul 14, 2023
- OKB dropped -7.77% in the last month and is up 219.00% since 1 year ago
| OKB price | $ 41.36 |
| OKB prediction | $ 37.40 (-9.58%) |
| Sentiment | Bearish |
| Fear & Greed index | 55 (Greed) |
| Key support levels | $ 42.55, $ 42.35, $ 42.10 |
| Key resistance levels | $ 43.00, $ 43.24, $ 43.45 |
OKB price is expected to drop by -9.58% in the next 5 days according to our OKB price prediction
According to our OKB price prediction, OKB is expected to reach a price of $ 37.40 by Jul 14, 2023. This would represent a -9.58% price decrease for OKB in the next 5 days.
OKB Price Prediction Chart
Buy/Sell OKB
What has been going on with OKB in the last 30 days
OKB has been displaying a negative trend recently, as the coin lost -7.77% in the last 30-days. The medium-term trend for OKB has been bearish, with OKB dropping by -2.26% in the last 3 months. The long-term picture for OKB has been positive, as OKB is currently displaying a 219.00% 1-year price change. On this day last year, OKB was trading at $ 12.96.
OKB reached its all-time high price on Feb 18, 2023, when the price of OKB peaked at $ 58.54. The current OKB cycle high is $ 56.47, while the cycle low is at $ 37.69. OKB has been displaying low volatility recently – the 1-month volatility of the coin is at 4.05. OKB recorded 14 green days in the last 30 days.
OKB technical analysis for today – Jul 09, 2023
The sentiment in the OKB markets is currently Bearish, and the Fear & Greed index is reading Greed. The most important support levels to watch are $ 42.55, $ 42.35 and $ 42.10, while $ 43.00, $ 43.24 and $ 43.45 are the key resistance levels.
Bearish sentiment for OKB
10 indicators are currently signaling a bullish prediction for OKB, while 21 indicators are showing a bearish forecast. With 68% of indicators favoring a negative prediction. This results in an overall Bearish sentiment for OKB.
Crypto market is currently experiencing Greed
Currently, the Fear & Greed index is at 55 (Greed), which signals that investors have a positive outlook on the market. The Fear & Greed index is a measure of sentiment among cryptocurrency investors. A “Greed” reading suggests that investors are currently optimistic about the cryptocurrency market, but can also be an indication that the market is overvalued. A “Fear” reading, on the other hand, signals that investors are currently hesitant about the cryptocurrency market, which potentially represents a buying opportunity.
OKB moving averages & oscillators
Let’s take a look at what some of the most important technical indicators are signaling. We’ll be going through key moving averages and oscillators that will allow us to get a better idea of how OKB is positioned in the market right now.
| Period | Daily Simple | Daily Exponential | Weekly Simple | Weekly Exponential |
| MA3 | $ 42.80 (SELL) | $ 42.75 (SELL) | – | – |
| MA5 | $ 43.20 (SELL) | $ 42.94 (SELL) | – | – |
| MA10 | $ 43.78 (SELL) | $ 43.40 (SELL) | – | – |
| MA21 | $ 43.77 (SELL) | $ 43.59 (SELL) | $ 45.79 (SELL) | $ 43.07 (SELL) |
| MA50 | $ 44.15 (SELL) | $ 44.00 (SELL) | $ 32.15 (BUY) | $ 35.82 (BUY) |
| MA100 | $ 45.05 (SELL) | $ 43.88 (SELL) | $ 25.91 (BUY) | $ 28.26 (BUY) |
| MA200 | $ 42.10 (SELL) | $ 40.42 (BUY) | $ 16.86 (BUY) | $ 20.77 (BUY) |
| Period | Value | Action |
| RSI (14) | 46.96 | NEUTRAL |
| Stoch RSI (14) | 4.15 | BUY |
| Stochastic Fast (14) | 15.45 | BUY |
| Commodity Channel Index (20) | -66.67 | NEUTRAL |
| Average Directional Index (14) | 11.10 | NEUTRAL |
| Awesome Oscillator (5, 34) | 0.13 | NEUTRAL |
| Momentum (10) | -0.38 | NEUTRAL |
| MACD (12, 26) | -0.11 | NEUTRAL |
| Williams Percent Range (14) | -84.55 | BUY |
| Ultimate Oscillator (7, 14, 28) | 39.77 | NEUTRAL |
| VWMA (10) | 43.84 | SELL |
| Hull Moving Average (9) | 42.83 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 42.63 | NEUTRAL |
The Relative Strength Index (RSI 14) is a widely used indicator that helps inform investors whether an asset is currently overbought or oversold. The RSI 14 for OKB is at 46.96, suggesting that OKB is currently neutral.
The 50-day Simple Moving Average (SMA 50) takes into account the closing price of OKB over the last 50 days. Currently, OKB is trading above the SMA 50 trendline, which is a bullish signal.
Meanwhile, the 200-day Simple Moving Average (SMA 200) is a long-term trendline that’s calculated by taking an average of the OKB closing price for the last 200 days. OKB is now trading below the SMA 200, signaling that the market is currently bearish.
The bottom line about this OKB prediction
After considering the above factors, we can conclude that the current forecast for OKB price prediction is Bearish. OKB would have to decrease by -9.58% to hit our $ 37.40 target within the next five days. Moving forward, it will be important to monitor the OKB market sentiment, the key support and resistance levels, and other metrics. However, we have to keep in mind that the cryptocurrency markets are unpredictable, and even the largest crypto assets display a lot of price volatility. For long-term OKB price predictions click here.
Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.
Source: https://coincodex.com/article/29776/okb-prediction-july-09-2023/