The OKB token is experiencing significant growth, reaching a new high of $195 after a two-month upward trend. This event has drawn attention to potential further market changes.
Growth Indicators and Support
OKB established a new all-time high near $195, rising from the $70–$85 range. This structural change serves as a new support level, making pullbacks toward this range more likely.
Additionally, monthly momentum continues to strengthen: the MACD has crossed up, and the histogram is expanding. However, the RSI nearing 87 signals a possible pause in the trend.
Address Activity and Flows
On-chain analysis showed spikes in sending addresses activity during July and August. The count peaked around 1.2k and cooled down to 150–250 in early September.
Such address behavior is often associated with specific events within platforms, and quick retraction indicates a lack of sustained user growth.
Intraday Structure and Trade Scenarios
Intraday, OKB rallied from the mid-$180s to near $195 in a one-sided push. Risks of mean reversion increase as the distance to support expands. Holding prices above $190 may help reset stretched conditions.
Conversely, a drop below $188 on expanding volume could test the $185–$183 levels, indicating the need for close monitoring of price dynamics.
The rise in OKB's price to $195 opens new investment prospects. Consolidation above $190 could support further attempts to reach $200. However, a slip below $188 would signal a potential correction.
