OKB Faces Bull Trend After Musk’s Magic Touch During Crypto Winter

• OKB’s price pumped up after Elon Musk followed OKX on Twitter.
• OKB is currently priced at $23.83, with a huge spike of 12.20% in seven days.
• OKB is currently facing a bull trend during this crypto winter.

Experiencing a sudden charge of popularity, OKB’s price pumped up after Elon Musk followed OKX on Twitter.

Moving into the trading chart, OKB is currently priced at $23.83, with a huge spike of 12.20% in seven days. OKB’s market capitalization is currently at $1,430,078,771, with a rise of 4.07% in 24 hours.

Moreover, OKB has a Relative Strength Index (RSI) value of 72.34, which indicates that the token is in an overbought region. OKB was in the Support 3 region from November 2 and faced a sudden surge and grew to almost $20.

Earlier, it can be seen that OKB’s price was in the testing period. The coin had witnessed a death cross when the 50MA crossed the 200MA. But, as the charts show, four days later, there was a golden cross between the 50MA and the 200 MA, which is an indication of an upcoming uptrend.  

After facing a sudden surge, OKB’s price fell, putting it between Support 2 and Support 1, but it faced a quick momentum upwards. The 50 MA can be seen above the 200 MA, with OKB experiencing a bull trend.

Returning to the reported day, the price of OKB has touched Resistance 1. Through analysis, OKB could expect to rise and touch Resistance 2 if the price journeys beyond Resistance 1. When OKB falls, one can expect to face the price to almost reach Support 1 and reside around that area during the crypto winter.

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