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While the broader market continues to dip, with Bitcoin dropping to around $60K, some altcoins are showing great resilience and are still making double-digit gains. OKB has made significant strides over the past 24 hours, and while it is still far from its all-time high of $44, it could soon reach these levels if it maintains the gains.
OKB is trading at $27.67 at the time of writing after a 10.7% gain in 24 hours.
OKB Price Analysis
OKB has been rallying over the past two days, making it one of the leading altcoin gainers. Despite the broader market cooling down, OKB’s buyer support is still high.
Over the past 24 hours, OKB has managed to test the upper resistance of $29. However, it failed to hold these levels or push to new heights. Despite a slight dip after rejection, the altcoin is still showing signs of an uptrend.
If the buyer support continues, OKB will once again break past $29 and test the $30 levels. the broader market support could also kick in again, in which case OKB will be headed for new monthly highs above $35.
On the other hand, the buyer and market support could fail at any time, and OKVB could drop to the lower support levels of $25. It had dipped to $26 over the past 24 hours before making a swift recovery. However, if buyers fail to accumulate more, we could see dips of below $25.
The OKB token is the native cryptocurrency of the OKEx exchange. OKEx is one of the leading exchange platforms and those who hold these tokens get to enjoy voting rights such as the new cryptocurrencies that will be added to the exchange. Holders of this token also enjoy discounts on trading fees on the platform.
Where to Buy OKB
To buy OKB tokens, one can create a cryptocurrency exchange account on the following exchanges:
- eToro
eToro is one of the leading exchange platforms. eToro supports new traders by allowing them to access user-friendly features such as copy trading and low trading fees. eToro also supports a broad range of cryptocurrencies and trading pairs.
- OKEx
As the native token for the OKEx exchange, one can easily buy OKB from this platform. OKEx is the second-largest exchange globally by trading volumes. It also supports a brioad portfolio of popular cryptocurrencies.
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