OKB coin price breaks above the previous swing high of $30. Thus, due to increased buying pressure, the uptrend can reach the $35 mark.

OKB is a cryptocurrency that was released by the OK Blockchain Foundation and Maltese crypto exchange OKEx. It is the largest exchange globally, currently ranks fourth in liquidity and fourth in trading volume. The exchange also offers a large selection of trading pairs. OKEx has its own cloud mining platform, which allows it to provide options trading for users.

Let us now take a deep look into the technical analysis of OKB.
<h2>Past Performance of OKB</h2>
OKB coin price breaks above the <a href="https://www.cryptoknowmics.com/news/okb-technical-analysis-price-decline-started-after-hitting-the-resistance-at-29-387/">previous trend high</a> near the $30 mark. The price action struggles to grow despite the breakout in the daily chart. Nonetheless, the recent retest of the breakout and the bullish engulfing candlestick increases the chances of a bull run to $35. Hence, traders can find buying opportunities at current market prices.

<img src="https://s3.tradingview.com/snapshots/f/fKYNwu6y.png" alt="TradingView Chart" />

<a class="editor-rtfLink" href="https://www.tradingview.com/x/fKYNwu6y/" target="_blank" rel="noopener">OKB/USD Daily Chart</a>
<h2>OKB Technical Analysis</h2>
The OKB coin price trades at $30.75 with a rise of 3.67% in the past 24 hours, at press time. Moreover, the intraday trading volume of the coin has decreased by 25%. 

The breakout of the $31.5 can be considered a suitable entry spot. However, the bull run may find resistance near the Pivot Points at $35 and $42. And, on the opposite end, the $27.5 and $25 can help oppose the downfall.

The RSI slope trends lower from the overbought zone to the 61% mark. However, the slope finds support above the central line, resulting in an up move. Hence, the RSI indicator gives a buy signal for the OKB coin.

The MACD line and the seller’s line maintain a bearish alignment in the daily chart. However, the intensity of the bearish histograms decreases. Furthermore, the lines can give a bullish crossover as they get closer. Thus, the MACD indicator shows a weak buy signal. 
<h2>Upcoming Trend</h2>
As per the technical analysis of OKB, the future trend of the coin price is gaining bullish momentum as the uptrend restarts with the bullish engulfing candlestick. As a result, the breakout of the $31.5 mark can provide a bullish entry spot.

OKB Technical Analysis: Uptrend Soon to Touch $35   

OKB coin price breaks above the previous swing high of $30. Thus, due to increased buying pressure the uptrend can reach the $35 mark.

Vikram is a technical analyst with several years of experience in the crypto market &amp; Indian Equity and F&amp;O Segment. He loves to learn anything and everything related to finance. He possesses strong technical and analytical skills, which he leverages to acquaint our audience with upcoming price trends for different coins.

OKB Technical Analysis: Uptrend Soon to Touch $35

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