 in the coming years. Will OKB become a good investment? Find out here.){kind=link}
- OKB (OKB) price prediction ranges from $12.732 to $20.
- Analysis suggests that the OKB price might reach above $30 soon.
- The OKB bearish market price prediction for 2022 is $13.428.
If you want to diversify your holdings and get some experience with different cryptocurrencies, there are a number of alternative digital currencies to explore besides Bitcoin (BTC) and Ethereum (ETH). OKB (OKB) is one of them.
OKB (OKB) is the platform’s native token. OKX is a cryptocurrency trading platform that also offers various financial services. Spots (immediate delivery), margin (enabling investors to trade over their means), futures and options (trade stocks and assets at a predetermined price on a specified date), exchanging, DeFi, lending, and mining services are among the services available. OKX intends to provide users with a secure and transparent trading and investing platform.
If you are interested in the future of OKB and want to know its predicted value for 2022, 2023, 2024, 2025, and 2030 – keep reading!
What is OKB (OKB)?
OKEx, a cryptocurrency exchange based in Malta, and the OK Blockchain Foundation have created a new cryptocurrency called OKB. The exchange ranks third in terms of liquidity and fourth in terms of the trading volume. There are also many trading pairs to choose from. OKEx is comparable to Binance, another major cryptocurrency exchange, with a few exceptions. OKEx users can use their own cloud mining service, but the company’s options trading services are more narrowly focused. Binance, meanwhile, works to provide an extensive menu of cryptocurrency services throughout the world.
OKB is the utility token for the OKEx cryptocurrency exchange. It is used to get access to the platform’s unique functions. OKB is used for several different things, such as figuring out and paying trading fees, letting users take part in running the platform, and giving users reasons to hold OKB.
OKEx was first introduced in 2017 and has become one of the most prominent exchanges globally. Spring of 2017 saw the birth of the programming platform, a spinoff of OKCoin (operating since 2013 in China). OKEx is a cryptocurrency exchange with an application interface (API) for automated trading. OKCoin, on the other hand, is now focused on exchanging fiat currency. The marketplace also provides multi-currency wallets and margin trading options.
The OKB token is crucial to the operation of the OKEx platform. If the user has enough tokens, discounts on consumer purchases made with this can reach 40%. The trade has two tiers of users: commoners and VIPs. Users who trade more often get a higher level of return, while those with less OKB stock get a lower one. Commissions are calculated every day, and users with different statuses get different discounts.
Those who are members of the platform and have OKB tokens will be able to participate in the OKEx Earn program, which will allow them to earn passive income (this project helps users earn on their assets). The OKEx Jumpstart platform uses the OKB token for another function: allocating funds. Only registered users may participate in Jumpstart, and sales are processed through MixTrust.
Native to the OKExChain, OKB serves as its asset (the OKEx blockchain). Spot trading, derivatives trading, and the concurrent creation of several scalable apps are all made possible on the OKB token’s blockchain. A layered architecture cuts down on time it takes to reach a consensus, makes it easier to grow, and strengthens security.
Every three months, OKEx burns tokens and posts about it on the official website. This is done to increase the value of OKB and make the digital coin more appealing to people holding it. OKEX allocates 30% of its fee for commissions earned for this purpose. New customers receive unique benefits for signing up.
When trading on OKEx, you can ensure that everything is open and honest. OKEx’s developers guarantee a secure trading platform by prioritizing stability and reliability. They employ techniques like server load balancing and distributed computing clusters for security. This token is a proof-of-stake (PoS) ERC-20 token. OKB was initially built on Ethereum, but the firm has now migrated to its own blockchain, OKExChain.
OKEx has also started offering cold wallets, one of the safest ways to store cryptocurrency. However, hot wallets need a heightened level of security and functionality. Because of this, OKEx added a semi-autonomous multi-signature feature to make sure trades are quick, easy, and safe.
OKB (OKB) Current Market Status
OKB (OKB) has a market cap of $958,092,431.28, putting it in the 124th position among all cryptocurrencies on CoinMarketCap. The current circulating supply of OKB is 60,000,000. OKB’s 24-hour trading volume is $21,561,069.30, down 29.81 percent from the previous day. Over the last day, the value of the token (OKB) has increased by 2.76%.
At the moment, the best places to buy and sell OKB are OKX, XT.COM, MEXC, AAX, and FTX.
OKB (OKB) Price Analysis 2022
Will OKB’s (OKB) most recent improvements, additions, and modifications help the OKB price rise? First, let’s focus on the charts in this article’s OKB price forecast.
OKB (OKB) Price Analysis – Keltner Channel
The Keltner Channel can be used to find a trend when the price of an asset is plotted between two bands that show how volatile it is. Keltner Channel signals for OKB/USDT can be used to predict the price of OKB. OKB is now in the first half of the Keltner Channel, which shows that it is a good time to buy. Waiting for a few candlesticks to form can improve the risk-to-reward ratio and give investors a better chance of making money without taking minimum risks.
OKB (OKB) Price Analysis – Relative Strength Index
The 1-day chart shows a value of 55.30. Currently, the RSI value is above 50, suggesting that more buyers are loading OKB than selling it. However, before investing or joining the trade, investors should think about a few confirmation candlesticks and patterns for a better risk-to-reward ratio.
OKB (OKB) Price Analysis – Moving Average
The 1-day chart above shows 200-day and 50-day Moving Averages (MAs). The chart above shows that OKB is now touching both the 200-day and 50-day moving averages sideways.
But there isn’t much space between the two moving averages. This suggests that OKB is making an effort to recover from the current crypto winter and resume its upward trajectory. After a few confirmation candles and patterns, investors should try to get in for a better risk-to-reward ratio.
OKB (OKB) Price Prediction 2022
The daily chart of OKB/USDT shows that OKB is now trading inside a bear flag. However, if OKB breaks out of the current bear flag and rises higher, it can reach its previous resistance level of $18.452. Therefore, OKB (OKB) price prediction for 2022 is still bullish.
OKB (OKB) Price Prediction – Resistance and Support Levels
The chart above shows that the price of OKB has decreased in the past few months. OKB has fluctuated between $15.44 and $16.14 over the past 30 days. It could break its $14.365 support by 1 level and drop to a lower low of $13.428.
If OKB cannot break the $14.365 support level, the bulls may seize control and lift OKB higher. In simple terms, the price of OKB might reach $18.558, indicating a bullish signal from the previous resistance level.
OKB (OKB) Price Prediction 2023
There is a chance that OKB’s RSI will be above 70 by the end of 2022, indicating a strong bullish trend that should see prices over $18.558 by 2022. Therefore, we should anticipate a minimum OKB price increase of $22.084 by the end of 2023.
OKB (OKB) Price Prediction 2024
In 2024, the Bitcoin supply will be cut in half. As a result, we should predict a bullish market trend due to user emotion and investors’ desire to accumulate more of the coin. With Bitcoin’s price fluctuations influencing the value of other cryptocurrencies, we may assume that OKB will be valued at least $26.290 by the year 2024.
OKB (OKB) Price Prediction 2025
If most cryptocurrencies can overcome psychological obstacles following Bitcoin’s price halving in 2024, we may anticipate that OKB will trade at a premium to its price in 2024. Consequently, OKB may be valued at around $30.496 by the year 2025’s end.
OKB (OKB) Price Prediction 2026
As more and more institutional investors flock to the OKB platform, the cryptocurrency price will likely fall after a prolonged bull run ends in 2026. It would be a significant reversal of the trend, suggesting that the price of OKB may reach $36.484 by 2026, even though the coin has generally depreciated during the same period.
OKB (OKB) Price Prediction 2027
Bitcoin’s halving in 2028 is expected to spark a bull market. As a result, if investors are optimistic, the price of OKB might continue rising and perhaps break over certain previously established psychological limits. The price of OKB (OKB) could reach $44.111.
OKB (OKB) Price Prediction 2028
Bitcoin will be halved in 2028. So, a bullish run could happen before the market settles down in 2027. As a result, OKB’s potential ATH value of $53.806 by 2027’s end is not out of the question.
OKB (OKB) Price Prediction 2029
By 2029, most cryptocurrency values may have been steady for almost a decade, thanks to the usage of lessons learned to assure investors’ continued faith in the project. The price of OKB may reach $58.868 by 2029 due to this effect and the subsequent price increase that occurs a year after Bitcoin’s price halves.
OKB (OKB) Price Prediction 2030
The cryptocurrency market was stable because early investors held on to their assets so they wouldn’t miss out on future price gains. By the end of 2030, the price of OKB (OKB) could be around $66.139, despite the bearish market that followed a market boom in the early years.
Conclusion
OKB might reach $18.558 in 2022 and $66.139 by 2030 if investors decide that OKB is a good investment, along with mainstream cryptocurrencies like Bitcoin and Ethereum.
FAQ
OKEx, a cryptocurrency exchange based in Malta, and the OK Blockchain Foundation have created a new cryptocurrency called OKB. The exchange is third in terms of liquidity and fourth in terms of trading volume. There are also many trading pairs to choose from. OKEx is comparable to Binance, another major cryptocurrency exchange, with a few exceptions. OKEx users can use their own cloud mining service, but the company’s options trading services are more narrowly focused. Binance, meanwhile, works to provide an extensive menu of cryptocurrency services throughout the world.
OKB can be traded on many exchanges like other digital assets in the crypto world. OKX, XT.COM, MEXC, AAX, and FTX are currently the most popular cryptocurrency exchanges for trading OKB.
Since OKB provides investors with several opportunities to profit from their crypto holdings, it seems to be a good investment in 2022. Notably, OKB has a high possibility of surpassing its current ATH in 2027.
OKB is among the few active crypto assets that continue to rise in value. As long as this bullish trend continues, OKB might break through $26.290 and reach as high as $40 provided that the current market favoring crypto continues. It is quite likely to happen.
OKB is expected to continue its upward trend as OKB of the fastest-rising cryptocurrencies. We may also conclude that OKB is an excellent cryptocurrency to invest in this year, given its recent partnerships and collaborations that have improved its adoption.
The lowest OKB price is $1.25, attained on May 17, 2019, according to CoinMarketCap.
OKB was launched in 2018.
Jay Hao co-founded OKB.
There is no data.
OKB can be stored in a cold wallet, a hot wallet, or an exchange wallet.
OKB price is expected to reach $22.084 by 2023.
OKB price is expected to reach $26.290 by 2024.
OKB price is expected to reach $30.496 by 2025.
OKB price is expected to reach $36.484 by 2026.
OKB price is expected to reach $44.111 by 2027.
OKB price is expected to reach $53.806 by 2028.
OKB price is expected to reach $58.868 by 2029.
OKB price is expected to reach $66.139 by 2030.
Disclaimer: The views and opinions, as well as all the information shared in this price prediction, are published in good faith. Readers must do their research and due diligence. Any action taken by the reader is strictly at their own risk. Coin Edition and its affiliates will not be held liable for any direct or indirect damage or loss.