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OKB (OKB) Falls 0%, Underperforms the Crypto Market Tuesday

Tuesday, July 04, 2023 09:37 AM | InvestorsObserver Analysts
OKB (OKB) Falls 0%, Underperforms the Crypto Market Tuesday

OKB (OKB) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Tuesday, the Marketplace has lost 0.42% to $44.45.

volatility - 16
InvestorsObserver is giving OKB a 16 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 16, placing it in the bottom 16% of cryptos on the market.

The Volatility Gauge takes into account which means that one day won't define its volatility rank - a trend will. OKB's low volatility reading pairs 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 favorably positioned going forward. With support near $43.87 and resistance at $45.23. This leaves OKB with room to run before facing selling pressures.

What is a Token?

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

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