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OKB Price Predictions – Will it Rise to New Highs?

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OKB has been rising over the past 24 hours, reflecting the recent recovery seen in most cryptocurrencies. It is currently on an upward trajectory and shows no signs of slowing down soon. Despite the slight losses seen earlier this week, OKB has bounced back and is trading above $20.

The coin is attracting more investor interest due to its unique blockchain and many facilities. The outlook for OKB today is bullish and is likely to continue in the next few days.

OKB Price and Vital Statistics

OKB is trading on the green horizon today with a 24-hour trading volume of $18,199,338, showing an increase of 7.57%. It is currently trading at $22.09 and has been making gains in the past few days.

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OKB is currently ranked 35th in the market, and is enjoying an uptrend as more investors choose the currency.

OKB market performance

The OKB Foundation and the Maltese cryptocurrency exchange are credited to OKB Coin. Its token gives users access to special features on the exchange.

OKB has realistic applications for voting, governance and trading fee payment. OKB gives users up to 40% discount on transactions relative to the number of tokens they hold.

The project benefits from partnership with companies for various purposes. For example, TrueChain uses OKB for business transactions, Tripio is used for lodging, and Litex uses their mobile fuel card token. OKB capitalized on this widespread acceptance and reclaimed the public crypto market.

OKB Price Prediction – Will it Continue to Rise?

Analysis of support and resistance levels

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OKB/USD Daily Rate Chart | source: TradingView.com

OKB is currently trading at $22, which indicates positive price movement. The formation of horizontal candles at different time intervals can be seen on the chart. These candles indicate a trader’s lack of interest at some point.

However, OKB is still on the upside despite the market breakout resistance level at $17 fluctuating. The currency will soon test the strength of the next resistance level at 22.7. Pressure from the bulls is needed to maintain this rally.

The $8 and $10 support levels held with the $17 resistance turning into new support for OKB. Expect the price to rise in the coming days.

OKB price analysis with technical indicators

OKB Price Predictions - Will it Rise to New Highs?
OKB/USD daily chart | source: TradingView.com

OKB price chart is showing encouraging signs today. The 50-day SMA crossed above the 200-day SMA is a golden cross formation. This is a sign of bullish momentum soon. The RSI at 59.20 shows that the currency is closing in the overbought zone, and the trend may continue.

MACD is showing a buy signal in its movement with the signal line. This setup is ideal for short-term trades.

The price of the coin will continue to rise between the $22-$24 range. Their price increase largely depends on investor confidence and adoption.

Potential projects to consider during a bear market

With the positive outlook for OKB, investors are looking for profitable projects to join. Ethereum He also did well last week. These three ERC-20 tokens are projects with great potential for investors.

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Dash 2 Trading

This is a cryptocurrency trading platform that uses smart and innovative technologies. Dash 2 Trading It gives investors access to real-time analytics and social trading data. All that is required to gain access to the platform are its D2T tokens.

The D2T prequel brought in over $6.94 million. The third stage is ongoing and will end once it reaches the $8,757,000 mark. D2t will be listed on the LBank and BitMart exchanges at the end of the nine pre-sale phases.

RobotEra

It is a sandbox-like metaverse based on Ethereum. RoboEra The alpha version of his metaverse will be released in the first quarter of 2023. On the metaverse, players can create and play as bots as well.

The pre-sale price of his TARO token has risen to over $198,000.

IMPT

In an effort to reduce and combat carbon emissions, IMPT It is the project that should be invested in. This project is a marketplace for carbon credits backed by the Ethereum blockchain. Users can trade and earn NFT carbon offsets as a reward for shopping with green brands.

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The IMPT presale has surpassed $13.18 million which is a sign of great things to come after launch.

conclusion

OKB is enjoying upward momentum at the moment. However, sustaining this pressure depends on investor adoption. OKB’s usefulness makes it a strong contender to stay relevant in the coming year.

You can also invest in ERC-20 tokens such as D2T, IMPT, and TARO.

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BNT/USD is trading near the $0.50 resistance

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The Bancor price prediction shows that BNT is crossing the 9-day and 21-day moving averages while the coin is taking off to the upside.

Bancor Prediction Statistics Data:

  • Bancor price now – $0.34
  • Bancor’s market capitalization is $55.8 million
  • The circulating supply of Bancor – 162.5 million
  • The total supply of Bancor – 162.5 million
  • Bancor Coinmarketcap Ranking – #287

BNT/USD market

Key levels:

Resistance levels: $300, $310, $320

Support levels: $130, $120, $110

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BNTUSD – daily chart

BNT / USD It is currently trading at $0.345 after touching a daily high of $0.490, and is likely to return above the 9-day and 21-day moving averages. However, in case the buyers can push the price above the $0.50 resistance level, then the daily candlestick may close above this level, and the price may rise towards the upper boundary of the channel.

Bancor Price Prediction: Bancor is preparing for an upward movement

According to the daily chart, the Bancor price It is moving near the $0.40 resistance level as the coin is preparing for additional gains. The technical indicator’s RSI (14) is also moving to cross above the 50 level, where the signal line is pointing up to signal a buy signal.

However, if buyers are able to push the price and hold it above the 9-day and 21-day moving averages, Bancor price could rise towards the upper boundary of the channel to reach the potential resistance levels at $0.50, $0.55, and $0.60. While crossing below the lower border of the channel, it could lift the currency to the support levels at $0.25, $0.20, and $0.15, respectively.

Against Bitcoin, Bancor is following a bullish rally, and it could swing higher to cross above the upper boundary of the channel that could identify the resistance at 2400 SAT and above. On the other hand, if the market price crosses the lower boundary of the channel, it may reach the support level of 1800 SAT and below.

BNTBTC – Daily Chart

However, the technical indicator’s RSI (14) is currently moving to cross above the 50 level as the signal line is pointing north to confirm the upward move. Moreover, any further upward movement may create additional gains above the channel.

But, Dash 2 Trading It gives you the ability to improve your trading and scalping profits with effective crypto trading recommendations, automated trading, and analytics features. There is a D2T token pre-sale going on and time is running out. The launch of the pre-sale dashboard is coming soon as the product developer is ahead of schedule. To date, the prequel has raised nearly $12 million.

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Dash 2 Trading
  • Active pre-sale is live now – dash2trade.com
  • Featured in Cointelegraph – $10 Million Raised
  • Know Your Customer verified and reviewed
  • The original code for the crypto signals ecosystem

Dash 2 Trading


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DYDX/USD could rise above $1.20

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Since the coin starts the upward movement towards the upside, the dYdX price forecast is likely to move steadily inside the channel.

dYdX prediction stats data:

  • DYDX price now – $1.10
  • DYDX market capitalization – $72.7 million
  • Circulating supply of DYDX – 65.5 million
  • Total supply of DYDX – 1 billion
  • DYDX Coinmarketcap Rank – #198

DYDX/USD Market

Key levels:

Resistance levels: $2.00, $2.20, $2.40

Support levels: $0.50, $0.30, $0.10

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DYDXUSD – daily chart

DYDX/USD is likely to cross above the 9-day and 21-day moving averages as the currency begins its upward movement. in the past few days, dYdX price Struggles to cross over to the positive side. According to the daily chart, the RSI (14) technical indicator moved to cross above the 40 level, confirming the bullish movement of the currency.

dYdX Price Prediction: DYDX is ready for an uptrend

the dYdX price It is currently moving north. If the currency continues its upward movement, the bulls may cross above the 9-day and 21-day moving averages, which could reach the resistance levels at $2.00, $2.20, and $2.40. At the time of writing, DYDX/USD is showing a slight bullish movement on the daily chart.

Conversely, if the coin slips below the lower boundary of the channel, it may bring the coin back to the $0.50, $0.30, and $0.10 support levels, respectively. Meanwhile, long-term buyers should not be alarmed by the small impact down the road, as the future of DYDX is assured as evidenced by the technical indicator’s RSI (14).

Against Bitcoin, dYdX price is hovering below its 9-day and 21-day moving averages as the coin is poised for an upward move. The technical indicator’s RSI (14) also confirms the upward movement as the signal line encounters the 40 level. On the contrary, a potential downside move could emerge if the market price crosses below the lower boundary of the channel, which could reach the support level 200 SAT and below.

DYDXBTC – Daily Chart

Meanwhile, any further bullish move above the moving averages could push the coin to the 1200 SAT resistance level and above, and this could take the coin to a new high, and the market could remain in the bullish zone.

But, Dash 2 Trading It gives you the ability to improve your trading and scalping profits with effective crypto trading recommendations, automated trading, and analytics features. There is a D2T token pre-sale going on and time is running out. The launch of the pre-sale dashboard is coming soon as the product developer is ahead of schedule. To date, the prequel has raised nearly $12 million.

Related

Dash 2 Tadawul – High Potential Pre-Selling

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Dash 2 Trading
  • Active pre-sale is live now – dash2trade.com
  • Featured in Cointelegraph – $10 Million Raised
  • Know Your Customer verified and reviewed
  • The original code for the crypto signals ecosystem

Dash 2 Trading


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SBF to Enter Plea Deal, Mango Exploiter Arrested, Celsius News: Hodler’s Digest, Dec. 25-31

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