OKB (OKB) Price Prediction 2023-2030: Will OKB Price Hit $65 Soon?

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OKB-Price-Prediction
  • Bullish OKB (OKB) price prediction ranges from $50 to $65.
  • Analysis suggests that the OKB price might reach above $63.
  • The OKB bearish market price prediction for 2023 is $17.

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 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

The maximum supply of OKB (OKB) is unknown, while its circulating supply is 60,000,000 OKB, according to CoinMarketCap. At the time of writing, OKB is trading at $42.80 representing 24 hours increase of 0.49%. The trading volume of OKB in the past 24 hours is $2,493,825 which represents a 22.64% increase.

Some top cryptocurrency exchanges for trading OKB are OKEx, Gate.io, Uniswap (V2), HitBTC, BiONE, LBank, Hotcoin Global, Coin Ex, ProBit Global, Hotbit. 

Now that you know OKB and its current market status, we shall discuss the price analysis of  OKB (OKB) for 2023.

OKB (OKB) Price Analysis 2023

Will the OKB blockchain’s most recent improvements, additions, and modifications help its price rise? Moreover, will the changes in the payment and crypto industry affect OKB’s sentiment over time? Read more to find out about OKB’s 2023 price analysis.

OKB (OKB) Price Analysis – Bollinger Bands

The Bollinger bands are a type of price envelope developed by John Bollinger. It gives a range with an upper and lower limit for the price to fluctuate. The Bollinger bands work on the principle of standard deviation and period (time).

The upper band as shown in the chart is calculated by adding two times the standard deviation to the Simple Moving Average while the lower band is calculated by subtracting two times the standard deviation from the Simple Moving Average. When the bands widen, it shows there’s going to be more volatility and when they contract, there is less volatility.

OKB/USDT 1-Day Chart Showing Bollinger Bands (Source: Tradingview)

When looking at OKB’s behavior, it could be noted that during the beginning of 2023, the token was gaining value. It was increasing until February 2023. Since February, there has been a surge as seen at the beginning of the year. OKB has been moving within a very tight range. The volatility of the token has been minimal throughout the last few months. Currently, the bands have squeezed and are very close to each other.

OKB/USDT 1-Day Chart Showing Bollinger Bands (Source: Tradingview)

The green patches in the chart show the uptrend that OKB had during 2023 while the red shows either the period of consolidation or the downtrend. Currently, OKB is on a downtrend as we can see its consolidation. Moreover, the Bollinger band width indicator percentile reads a value of 2.38%, and it is at its lowest. Hence, there is a high chance that the volatility for OKB could increase. But, will OKB increase in value or fall is the question that begs for an answer.

OKB/USDT 1-Week Chart Showing Bollinger Bands (Source: Tradingview)

The above chart shows that in the longer timeframe, OKB is on a downtrend. Hence, there is a high chance that if the sellers keep taking profits from their OKB tokens, then the supply will increase and the demand will drop. This drop in demand will adversely affect the price of OKB. 

In the event the above-stated thesis is validated, then OKB may fall to $14.24 in the longer time frame.  

OKB (OKB) Price Analysis- Relative Strength Index 

The Relative Strength Index is an indicator that is used to measure whether the price of a cryptocurrency is over or undervalued. For this purpose, it has two extreme regions known as the overbought and oversold regions. 

When the RSI reads a value (>70) then the crypto is overbought, which means that due to more buying the demand has increased as such the price has also increased. On the other hand, when it is oversold, many are selling, as such, its price is undervalued.

OKB/USDT 1-Day Chart Showing Relative Strength Index (Source: Tradingview)

The RSI value for OKB is at 49 and it keeps going down. If more and more sellers keep entering the market, the RSI might fall and reach the oversold region. The RSI line is currently, heading toward the oversold region. It has crossed just below the signal line, which shows that OKB is bearish.  Moreover, the OKB is moving close to the RSI band in the center which could be because OKB is consolidating.

OKB/USDT 1-Week Chart Showing Relative Strength Index (Source: Tradingview)

The longer timeframe shown in the chart above also denotes that OKB is currently consolidating. The RSI value of OKB stands at 51 just below the signal line. Since the RSI is below the signal, OKB is bearish in the longer timeframe. OKB could be bearish if more and more traders take profits by selling OKB.  

OKB (OKB) Price Analysis- Accumulation and Distribution Line 

The Accumulation and Distribution Line (ADL) is an indicator that relies upon the price and the volume of the cryptocurrency to find out how strong the current trend is. Generally, if there is a price rise then the ADL should also rise along with the price. 

When the preceding happens then there is an assurance that the price rise is being supported by volume. However, when the ADL falls while the price rises, then, it shows that the price change is not supported by volume and the trend is weak. 

OKB/USDT 1-Day Chart Showing Accumulation/Distribution Line (Source: Tradingview)

Currently, the Accumulation/Distribution Line (ADL) reads a value of -142M and the line seems to be rising. This shows that the bear power could be dwindling and that there seems to be volume behind this little uptrend that is forming. Moreover, the ADL could also be used to find out divergence. 

For instance, when the crypto is making a higher high (uptrend), then the ADL line should also make a higher high. But if the ADL is making a lower high, then there might be a downtrend around the corner. 

OKB Price Prediction 2023-2030 Overview

YearMinimum PriceAverage PriceMaximum Price
2023$55$63$70
2024$75$83.5$90
2025$85$126.9$140
2026$80$99$110
2027$90$113$125
2028$100$140$180
2029$175$200$275
2030$170$190.8$225
2040$340$372.5$430
2050$450$555.4$620

OKB (OKB) Price Prediction 2023

OKB/USDT 1-Day Chart (Source: Tradingview)

The above chart shows that OKB has been trading inside an ascending triangle during the past few months. It has been making lower highs which has a significant drop while its higher lows have a slight increase in price. This shows the dominance of the bears in the market during the past few months. Currently, as OKB is nearing the completion of an ascending triangle, there is a high chance that it could rise to $54.6. 

After reaching the above-stated price level, if the bulls still persist and the demand for OKB is high, then, OKB could be eyeing $63.6. The 63.6 target is a transposition of the height of the triangle to the breakout point from the ascending triangle.

OKB/USDT 1-Day Chart (Source: Tradingview)

As OKB is close to the Point of Control (PoC) or the price at which most units are traded, there is high volatility. Since the buying volume is greater than the selling volume, there is a chance that OKB could rise up. The statement supplements the above bullish thesis. 

OKB/USDT 1-Day Chart (Source: Tradingview)

In the event that OKB is overwhelmed by the bears at the point of breakout, then, there are a few things that could happen. Once OKB is below the lower trendline, it may reach out to the three weak supports in blue. The support at $34, $30, and $26. If they fail to hold the falling price of OKB, then it will fall to $20 for support. However, if OKB is still desperate for a support level, then, its last resort could be the support at $17. 

OKB (OKB) Price Prediction – Resistance and Support Levels

OKB/USDT 1-Day Chart Showing Resistance and Support Levels (Source: Tradingview)

The chart above shows how OKB started spiking in June 2022. It rose above the 1:1 Gann line until August 2022 and thereafter fell on the 3:1 Gann line for support. In November 2022, OKB rose from the 3:1 Gann line and started to increase exponentially and it reached a price more than $56 by February 2023. After this rise, OKB started to slowly fall just below the 8:1 Gann line at times falling below the 4:1 Gann line. Currently, OKB may test the 8:1 Gann line and rise toward the 2:1 Gann line. However, for the above stated to happen, the buyers may need to enter the market in high volumes.  

OKB (OKB) Price Prediction 2024 

There will be Bitcoin halving in 2024. Hence, we should expect a positive trend in the market due to user sentiments and the quest by investors to accumulate more of the coin. However, the year of BTC halving didn’t yield the maximum for OKB based on the previous halving. Hence, we could expect OKB (OKB) to trade at a price, not below $83.5 by the end of 2024.

OKB (OKB) Price Prediction 2025

OKB may experience the after-effects of the Bitcoin halving and is expected to trade much higher than its 2024 price. Many trade analysts speculate that BTC halving could create a huge impact on the crypto market. Moreover, similar to many altcoins, OKB will continue to rise in 2025 forming new resistance levels. It is expected that OKB (OKB) will trade beyond the $126.9 level.

OKB (OKB) Price Prediction 2026

It is expected that after a long period of bull run, the bears will come into power and start negatively impacting the cryptocurrencies. During this bearish sentiment, the OKB could tumble into its support regions. During this period of price correction, OKB could lose momentum and be way below its 2025 price. As such, it could be trading at $99 by 2026. 

OKB (OKB) Price Prediction 2027

Naturally, traders expect a bullish market sentiment after the crypto industry was affected negatively by the bears’ claw. Moreover, the build-up to the next Bitcoin halving in 2028 could evoke excitement in traders. However, there’ll be a dip in price before the excitement will be reciprocated in OKB. As such, we could expect OKB (OKB) to trade at around $113 by the end of 2027. 

OKB (OKB) Price Prediction 2028

As the crypto community’s hope will be re-ignited looking forward to Bitcoin halving like many altcoins, OKB may reciprocate its past behavior during the BTC halving. Hence, OKB   (OKB) would be trading at $140 after experiencing a considerable surge by the end of 2028. 

OKB (OKB) Price Prediction 2029

2029 is expected to be another bull run due to the aftermath of the BTC halving. However, traders speculate that the crypto market will gradually become stable by this year. In tandem with the stable market sentiment, OKB (OKB) could be trading at $200 by the end of 2029.

OKB (OKB) Price Prediction 2030

After witnessing a bullish run in the market, OKB and many altcoins would show signs of consolidation and might trade sideways and move downwards for some time while experiencing minor spikes. Therefore, by the end of 2030, OKB  (OKB) could be trading at $190.8.

OKB (OKB) Price Prediction 2040

The long-term forecast for OKB indicates that this altcoin could reach a new all-time high(ATH). This would be one of the key moments as HODLERS may expect to sell some of their Coins at the ATH point. 

If they start selling then OKB could fall in value. It is expected that the average price of OKB  (OKB) could reach $372.5 by 2040.

OKB (OKB) Price Prediction 2050

Since Cryptocurrency will be revered and widely accepted by most people during the 2050s, we will see the masses believe more in it. As such OKB  (OKB) could reach $555.4.

Conclusion

If investors continue showing their interest in OKB and add these Coins to their portfolio, it could continue to rise. OKB’s bullish price prediction shows that it could reach the $63 level.

FAQ

What is the OKB (OKB)? 

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.

How do you buy OKB tokens?

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.  

Will OKB surpass its current ATH?

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.

Can OKB reach $65 soon?

OKB is one of the few cryptocurrencies that has retained its bullish momentum in the past seven days. If this momentum is maintained, OKB might reach $0.0585 soon.

Is OKB a good investment in 2023?

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.

What is the present all-time low price of OKB?

OKB  has a present all-time low price of $0.00015.

Which year was OKB launched?

OKB was launched in 2018.

Who are the co-founders of OKB?

Jay Hao co-founded OKB.

What is the maximum supply of OKB?

There is no data.

How do I store OKB?

OKB can be stored in a cold wallet, hot wallet, or exchange wallet.

What will be the OKB price in 2023?

OKB is expected to reach $63.5 by 2023.

What will be the OKB price in 2024?

OKB is expected to reach $83.5 by 2024.

What will be the OKB price in 2025?

OKB is expected to reach $126.9 by 2025.

What will be the OKB price in 2026?

OKB is expected to reach $99 by 2026.

What will be the OKB price in 2027?

OKB is expected to reach $113 by 2027.

What will be the OKB price in 2028?

OKB is expected to reach $140 by 2028.

What will be the OKB price in 2029?

OKB is expected to reach $200 by 2029.

What will be the OKB price in 2030?

OKB is expected to reach $190.8 by 2030.

What will be the OKB price in 2040?

OKB is expected to reach $372.5 by 2040.

What will be the OKB price in 2050?

OKB is expected to reach $555.4 by 2050.

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.

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