Get OKB (OKB) all time high price, historical charts, latest news and other information.

OKB, the native token of the OKX Exchange, has recorded substantial gains today in a bearish crypto market. The utility token saw a price surge of 4.63% on the day, registering a local high of $20.80. It also surged over 11% on its weekly chart, joining the likes of Toncoin and Trust Wallet Token to lead the market in gains. 
There’s no major catalyst for OKB’s surge on the day. However, a 20.32% uptick in its trading volume suggests that users have been quite busy. It might have something to do with the exchange’s announcement of adjusting the position tiers of its perpetual swaps and futures.

Furthermore, OKX joined the likes of Binance to announce a recovery fund for projects struggling with liquidity. This comes after popular crypto exchange FTX ran into liquidity issues that saw it lock users out of their funds. The exchange’s announcement was a major factor in OKB’s weekly price surge.
OKX Announces Project Recovery Funds, OKB Starts Bullish Run
Earlier this week, OKX announced its intentions to establish a $100 million project ecological support plan. According to the tweet, OKX will work with OKXChain and OKX Demo Day on the project. OKX intends to assist high-quality projects currently struggling with issues like liquidity. The cryptocurrency exchange believes it’s essential to help projects migrate seamlessly. Furthermore, it plans to offer qualifying projects financial, ecological, and technical support to help them overcome the hurdles. 
Binance announced a similar venture on Monday after FTX’s debacle pushed the crypto market downward. The world’s largest crypto exchange plans to use its recovery fund project to help longstanding successful projects recover from liquidity issues. 
Justin Sun, the creator of Tron, and Huobi, a cryptocurrency exchange, endorsed Binance’s recovery fund. According to Justin Sun, it will assist developers and builders in overcoming the issue. In addition, Simon Dixon, the largest shareholder in Celsius, intends to contribute to the fund to revive the sector. After OKX’s announcement on November 15th, the OKB token surged 8.74%. It has continued its climb since then, pushing the token to a new weekly high.
OKB’s price is currently trading at $18.77. | Source: OKBUSD price chart from TradingView.com
How OKB Has Faired During The Week
The price of OKB has increased by 4.63% to $20.68 in the last day. This maintains the upward trajectory it has been on for the previous week, rising from $18.5 to its present price by 11.39%. The coin’s all-time high is $44.01, a 53.17% rise from its current market price.
The chart displays the price volatility and movement for OKB over the previous week. The Bollinger Bands in gray represent the volatility of its weekly price changes. The greater the bands’ width or the size of the gray area at any given time, the greater the volatility.

OKB’s trading volume has surged 20.32% in the last 24 hours, indicating high trading activities. The token has also held its ground against Bitcoin and Ethereum. As of writing, OKB had gained 4.66% and 4.67% against the top cryptos, respectively.
Featured image from Pixabay and chart from TradingView.com


OKB, the native token of the OKX Exchange, has recorded substantial gains today in a bearish crypto market. The utility token saw a price surge of 4.63% on the day, registering a local high of $20.80. It also surged over 11% on its weekly chart, joining the likes of Toncoin and Trust Wallet Token...

newsbtc.com

OKB Token Records Higher Gains Amidst Crypto Market Volatility

Crypto exchange Binance is officially out of the FTX agreement. According to an official statement, the company won’t purchase its competitor. 

Via its official Twitter handle, Binance claims that regulatory pressure and other factors impacted their decision. The report claimed that the company reviewed FTX’s books and decided to walk out of their non-binding agreement. The company said:
As a result of corporate due diligence, as well as the latest news reports regarding mishandled customer funds and alleged US agency investigations, we have decided that we will not pursue the potential acquisition of http://FTX.com.
Binance Walks Away, Crypto Industry In The Dark
Before the official announcement, there was much speculation about Binance pulling out of the deal because of potential legal consequences. The company claims it was trying to protect crypto investors.
Thousands of users report that their funds remain stuck on FTX. The crypto exchange halted new withdrawal requests yesterday due to a “liquidity crunch.”
Binance was allegedly trying to fill this hole by acquiring the company and to provide liquidity for the users. However, the situation went “beyond our control or ability to help,” the company claimed while adding:
Every time a major player in an industry fails, retail consumers will suffer. We have seen over the last several years that the crypto ecosystem is becoming more resilient and we believe in time that outliers that misuse user funds will be weeded out by the free market.
As a result of today’s event, the crypto market has seen massive losses. The number one cryptocurrency by market capitalization, Bitcoin, is trading well below its 2020 all-time high. BTC’s price trades at $16,000 with 11% and 20% losses in the last 24 hours and the past week, respectively.
BTC’s price trends to the downside on the daily chart. Source: BTCUSDT Tradingview
Beyond the price action in large cryptocurrencies, which continues to record new lows for 2022, this week’s events negatively impact the crypto industry. In the U.S., regulators are already announcing investigations and denouncing the sector for “harming” investors.

Across the crypto community, the consensus points towards stricter regulations and darker days for the nascent asset class.

Don’t know what to say anymore.
Will just say things seem bleak right now and they are. Emotions are running high. Recovery seems impossible.
Just don’t do anything drastic people. It’s not worth it.
— Hsaka (@HsakaTrades) November 9, 2022 


Crypto exchange Binance is officially out of the FTX agreement. According to an official statement, the company won’t purchase its competitor. Related Reading: OKB Token Still Holds Above 14% Following Market Plummet Via its official Twitter handle, Binance claims that regulatory pressure and oth...

Binance Pulls Out OF FTX Deal, Bitcoin Crashes Below $16,000

Thanks to the FTX/Alameda saga, the crypto market has taken a nosedive, dragging everyone along. But while the entire market bleeds, OKB, the native token of OKX exchange, has held on to substantial weekly gains. Specifically, the token is trading at $18.61, a 14.57% rise in the last seven days. 
However, its daily price hasn’t been pretty. As of writing, OKB has lost over 12%, and there’s no hope of recovery anytime soon. The only other crypto that held on to its weekly gain was Polygon’s MATIC. The token kept over 9% from last week but has since shed all that profit. It has joined the rest of the market in the red zone with a 6% 7-day loss.

Can OKB Continue To Hold, Or Will It Join The Rest Of The Market?
While OKB has held on to substantial gains, it seems unlikely to keep it for long. The token enjoyed a 24% price surge earlier in the week after the exchange opened a shop in the Bahamas. At the time, the token solidified itself as the third-highest gainer of the week.
However, the FTX liquidity crisis news proved a stronger opponent to the token’s bullish run. The token has remained strong even though its trading volume and market cap have dropped in the last 24 hours. However, if OKB continues to hold above $18, then it will be able to maintain its current position. But if the token drops below this level, it could find itself joining the rest of the market. If this happens, it won’t be easy to recover. 
As per the charts, OKB still looks like it can continue holding above $18. Looking at its price movement against BTC and ETH, we can see that OKB has gained much over both these assets. Plus, technical indicators on TradingView suggest that the token still has strong momentum. 
OKB’s price is currently trading above $18. | Source: OKBUSD price chart from TradingView.com
CMC Community Losing Faith In OKB’s Potential
The CoinMarketCap community isn’t so bullish about OKB’s prospects. Based on the platform’s price prediction tool, CMC traders forecast a further drop in OKB’s price by the end of December. Specifically, they see OKB dropping to an average of $16 before the year runs out. This is an 11% drop from its current price. The last time OKB was trading at $16 was earlier this month. So, falling back to that range may not be new for the token.

In fact, the token has always found support below that range since September this year. Specifically, after its September 8 spike, it picked up a support level of $14.50. Since then, it has maintained a steady trade between that level and $17. Looking at its chart setup, OKB may try to use $17 as a new resistance level. If the market breaks out of its latest FTX-related slump, it might get a chance to test $20 again. However, no one knows when the market will turn around. 
Featured image from Pixaby and chart from TradingView.com


Thanks to the FTX/Alameda saga, the crypto market has taken a nosedive, dragging everyone along. But while the entire market bleeds, OKB, the native token of OKX exchange, has held on to substantial weekly gains. Specifically, the token is trading at $18.61, a 14.57% rise in the last seven days. ...

OKB Token Still Holds Above 14% Following Market Plummet


BeInCrypto takes a look at five projects that beat the crypto market last week, more specifically, from Oct. 28 to Nov. 4. 



These five cryptocurrencies have taken the crypto news and crypto market spotlight:



Dogecoin (DOGE) price is up 47.97%Arweave (AR) price is up 44.78%Loopring (LRC) price is up 46.05%OKB (OKB) price is up 28.35%Chiliz (CHZ) price is up 27.99%



DOGE Breakout Leads Crypto Market



The DOGE price had decreased below a descending resistance line since its all-time high price of $0.738 in May 2021. The decrease led to a minimum price of $0.049 in June 2022. 



Afterward, the DOGE price started showing bullish signs in the form of a long lower wick and a double bottom pattern. Furthermore, the weekly RSI generated bullish divergence (green line).



These led to a breakout on Oct. 27, potentially signaling a bullish reversal. Afterward, the DOGE price reached a high of $0.158.



However, it was rejected by the $0.15 resistance area (red icon) and has been decreasing since.



In any case, the price movement seems bullish due to the breakout the long-term resistance line and the breakout of the RSI. A weekly close above $0.15 would accelerate the rate of increase.



On the other hand, a fall below the pre-breakout lows (red line) of $0.056 would invalidate the bullish hypothesis.



DOGE/USDT Chart By TradingView


AR Price Reaches Range High



The AR price has been moving upwards since June 18.  On Oct. 11, it created a higher low, validating the slope of an ascending support line in the process. 



Afterward, the rate of increase accelerated further on Nov. 2, leading to a high of $17.80 the next day. 



Despite the increase, AR failed to break out from the $16.50 horizontal resistance area (red icon) and created a long upper wick. This was the fifth attempt at doing so. A daily close above this area would be expected to quicken the increase towards $26.20. 



On the other hand, failure to do so would likely cause AR to fall towards the ascending support line once more.



AR/USDT Chart By TradingView


LRC Price Attempts Breakout



Loopring is the only cryptocurrency part of the decentralized finance (DeFi) category on this list. Its price has been decreasing underneath a descending resistance line since May 23. 



The downward movement led to a low of $0.265 on Oct. 13. Afterward, the LRC price began an upward movement that accelerated on Nov. 4, leading to a high of $0.405. 



More importantly, the upward movement caused a reclaim of the $0.34 horizontal area, even though the LRC price has yet to reach a daily close above it. 



A breakout from the line could trigger a sharp increase towards $0.60. Conversely, failure to close below the $0.32 area would be a bearish development, likely leading to new lows.



LRC/USDT Chart By TradingView


OKB Price Breaks Out From Ascending Triangle



OKB traded inside an ascending parallel channel with resistance at $17.40 since Sept.7. After three unsuccessful attempts, the price broke out on Nov. 3 and reached a high of $23.



However, it was rejected by the $22.30 area (Red icon) and has been decreasing since.



Due to the creation of such a long upper wick, it is possible that OKB will consolidate between $22.30 and $17.40.



OKB/USDT Chart By TradingView


CHZ Could Be Long-Term Crypto Market Gainer



CHZ has been increasing since bouncing and creating a long lower wick on Oct. 13. On Oct. 19, it broke out from a descending resistance line and accelerated its rate of increase. 



The CHZ price has reclaimed the $0.222 resistance area and validated it as support. Currently, it is in the process of moving above the 0.618 Fib retracement resistance level at $0.236.



Unless the Chiliz price reaches a close below the $0.222 support area, the CHZ price prediction remains bullish.



CHZ/USDT Chart By TradingView


For the latest BeInCrypto Bitcoin (BTC) and crypto market analysis, click here



Disclaimer: BeInCrypto strives to provide accurate and up-to-date information, but it will not be responsible for any missing facts or inaccurate information. You comply and understand that you should use any of this information at your own risk. Cryptocurrencies are highly volatile financial assets, so research and make your own financial decisions.
The post DOGE, AR, LRC, OKB and CHZ Lead the Charge in Crypto Market Rally appeared first on BeInCrypto.



BeInCrypto takes a look at five projects that beat the crypto market last week, more specifically, from Oct. 28 to Nov. 4.&#160;

The post DOGE, AR, LRC, OKB and CHZ Lead the Charge in Crypto Market Rally appeared first on BeInCrypto.


beincrypto.com

DOGE, AR, LRC, OKB and CHZ Lead the Charge in Crypto Market Rally

Bitcoin managed to stay above $20,000 despite the recent volatility. Some altcoins, though, are on the offensive with impressive gains.
MATIC has continued its run for the past few days with another massive daily surge. XRP is also well in the green, as is OKB.
XRP, MATIC, OKB Soar
Ethereum has neared $1,600 once more, following a 2% daily increase. Binance Coin, on the other hand, continues to perform well and has tapped a new multi-month high above $350 after a 4% surge.
Ripple is the best performer from the top 10 largest digital assets. XRP is up by 9% in the past 24 hours and touched $0.5 earlier today.
However, MATIC has stolen the show once again. The asset has skyrocketed by another 16% and has jumped to well above $1. Here are some of the possible reasons behind MATIC’s recent run.
OKB is another notable gainer. It soared by 23% and trades north of $20 for the first time in several months.
In contrast, Dogecoin is deep in the red, with a 9% daily decline. This comes amid reports that Twitter had paused its plans to develop a crypto wallet.
The cumulative market cap of all crypto assets is up to $1.030 trillion on CoinMarketCap, as several other altcoins have charted impressive gains.
Cryptocurrency Market Overview. Source: Quantify Crypto
Bitcoin Sustains $20K
The primary cryptocurrency charted a multi-week high last weekend when it pumped to over $21,000. However, that was short-lived, and the bears pushed it back down to around $20,500.
The next few days were quite calm, but the situation was expected to change on Wednesday during the latest FOMC meeting. Although the Fed raised the interest rates by 75 basis points (as expected), BTC went on a rollercoaster once again.
It jumped to $20,800 at first before it slumped to $20,000. The bulls stepped up at this point and didn’t allow a price drop under that coveted level. As of now, the asset stands in the middle of its familiar range.
Its market capitalization stands close to $400 billion, but its dominance over the alts has taken another hit. The metric is down to 38.4%, meaning that it has declined by over 1.5% in the past few weeks.
BTCUSD. Source: TradingView
The post XRP, MATIC Soar Double-Digits, DOGE Only Top 10 Crypto in the Red (Market Watch) appeared first on CryptoPotato.

Several altcoins have jumped in the past 24 hours, including XRP, OKB, and MATIC. 

OKB price	$21.37
Low - High 24H	$21.17 - $22.05
Market cap	$5.38B
Volume 24H	$13.56M
All time high	$44.01 -51.44% May 3rd 2021
All time low	$0.580608 3580.60% January 14th 2019
Genesis date	N/A

Recently viewed

Trending

OKB (OKB)

Performance

OKB News

Quick stats