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OKB (OKB), Low Volatility but Rising Wednesday: Is it Time to Cash Out?

Wednesday, June 08, 2022 07:04 AM | InvestorsObserver Analysts
OKB (OKB), Low Volatility but Rising Wednesday: Is it Time to Cash Out?

OKB (OKB) has been relatively less volatile compared to the crypto market. So far Wednesday, the Marketplace has increased 0.17% to $11.34.

volatility - 20
InvestorsObserver is giving OKB a 20 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 20, placing it in the bottom 20% of cryptos on the market.

The Volatility Gauge tracks this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. 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 $11.09 and resistance set at $11.59. 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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