OKB (OKB) Rises 0.77%, Underperforms the Crypto Market Wednesday

Wednesday, December 22, 2021 12:45 PM | InvestorsObserver Analysts

OKB (OKB) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Wednesday, the Marketplace has added 0.77% to $32.36.

InvestorsObserver is giving OKB a 18 Volatility Rank. Find out what this means to you and get the rest of the rankings on OKB!

Low Volatility

InvestorsObserver gives OKB a low volatility rank of 18, placing it in the bottom 18% of cryptos on the market.

The Volatility Gauge analyzes which means that one day won't define its volatility rank - a trend will. OKB's low volatility reading is paired with a low reading on the Risk/Reward Gauge, meaning that the token has relatively narrow price swings and is well protected from price manipulation.

OKB price is trading near resistance. With support near $31.8 and resistance at $32.5. This positions OKB with potential selling pressures ahead as it may be getting over extended.

What is a Token?

Tokens are digital assets that exist on another cryptocurrency's blockchain.

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