OKB (OKB) Down 0.04% Thursday: What's Next?

Thursday, March 28, 2024 09:44 AM | InvestorsObserver Analysts

OKB (OKB) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Thursday, the Marketplace has dropped 3.53% to $64.26.

InvestorsObserver is giving OKB a 21 Volatility Rank. Find out what this means to you and get the rest of the rankings on OKB!

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Low Volatility

InvestorsObserver gives OKB a low volatility rank of 21, placing it in the bottom 21% of cryptos on the market.

The Volatility Gauge takes into account this makes its score defined by recent trends, rather than a bad day. OKB's low volatility reading comes 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 $61.38 and resistance set at $65.04. This positions OKB with potential selling pressures ahead as it may be getting over extended.