Will Bitcoin Slip, OKB, Humanity Protocol, & Kite Hold? War Bytes, Crypto Fury!

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Will The Pressure Hold For <a href="https://bbg-news.com/okb-usd/">OKB</a>, Humanity Protocol, and Kite After <a href="https://usdaed.com/btc-usd/">Bitcoin</a> Slips Amid Extended US-Iran War

  • Bitcoin faces 2% reversal from the 50-day EMA on Thursday, Slips below $71000.
  • The surge in altcoins OKB, Human Protocol, and Kite continues to raise concerns.
  • Wll the pressure hold for Ethereum, XRP, and these altcoins as the US -Iran War extends? 

Bitcoin, Ethereum, and XRP experienced a slight dip in trading on Friday, falling around 2% near important price levels. Bitcoin traded under $71,000, while Ethereum stayed above $2,000, and XRP moved sideways. Meanwhile, OKB (up 26%), Human Protocol (up 30%), and Kite (up 21%) were the best-performing cryptocurrencies of the day, showing significant gains.

OKB Must Close Above 200-D EMA To Sustain. 

As a crypto investor, I’ve been watching OKB closely, and it’s had a really strong couple of days. It’s up almost 3% just since yesterday, and before that, it jumped a huge 24%! The big news driving this is a massive $25 billion investment from Intercontinental Exchange, the company that owns the New York Stock Exchange. It’s exciting to see that kind of institutional money coming into the space and impacting OKB’s price.

Looking at the daily chart for OKB/USDT, the decreasing Exponential Moving Averages (EMAs) are signaling a bearish trend. In my analysis, for OKB to start a sustained upward move, it really needs to close strongly above the 200-day EMA, which is currently around $104. If we see that happen, I anticipate a potential rally up to its 50% retracement level near $124.

The Relative Strength Index (RSI) is at 70, indicating the coin is currently overbought. However, the Moving Average Convergence Divergence (MACD) shows a bullish trend, with the MACD line crossing above the signal line and a growing histogram. Currently priced at $97.30, OKB is experiencing positive momentum, suggesting the price will likely continue to rise. If the price falls, it’s expected to find support around the 50-day Exponential Moving Average (EMA) at $87.

Humanity Protocol Remains Bullsh

Humanity Protocol continued its upward trend today, rising about 4%. This builds on a 43% increase yesterday. The price is now above several key moving averages, and the Relative Strength Index (RSI) at 57 suggests the recent decline has ended, indicating potential for further gains.

H/USDT is trying to reach $0.20 and is expected to break through. If it fails, it might fall to around $0.13, which is a key support level.

KITE Coin Bulls Are Strong

KITE Coin is currently leading the way among AI-based cryptocurrencies, as most others have been struggling recently. On Friday, KITE Coin saw a 25% increase, indicating strong buying activity.

As a researcher tracking KITE/USDT, I’ve observed consistent price increases since its initial launch. Currently, the asset is continuing to climb, even surpassing key moving averages like the 200-day EMA. This suggests strong and sustained upward momentum.

As an analyst, I’m seeing a significant jump in open interest for futures – it’s up 35% to $102.48 million. This suggests that the recent price increase isn’t just existing traders adding to their positions, but also new money coming into the market.

The KITE price is rising, but the RSI suggests it might soon encounter resistance and potentially fall back. If this doesn’t happen, it could climb to a resistance level of $0.23.

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2026-03-06 11:10