- The OMG token price sustains above the 55-EMA during intraday
- The 24-hour trading volume is at $1.197 billion.
- OMG/BTC pair is trading positive by 8.9% at 0.00023699 BTC.
The Moving Average (EMA) on the daily price chart of OMG token, which includes the 8,13,21,55 EMA, acts as reliable support for currency price movements. Investors may notice prices move above the yellow line, ensuring an OMG uptrend until the price resides above the EMA’s.
Trading volume (10.40 M) is above the 20-day moving average (7.39 M). The volume is high and increasing, so the cost is moving upside. Investors may also notice an increase in volume. This indicates that unusual fluctuations are standard on the following trading days.
OMG Token Price May Break Resistance Within Few Trading Days
OMG token daily price charts show an uptrend. Based on the price action, the support range is $12 – $12.50. On the flip side, the resistance area you should be looking for is $17.50 – $18.0. Therefore, the chart shows a bullish engulfing candlestick pattern during the day.
The RSI showed a 58 (bullish) signal, Expecting to buy in the short term. Investors may find that the RSI line is sloping upside on the indicator. It may arise in the coming trading days.
The MACD shows a (bearish) cross below the signal line on November 10, indicating a sell signal for the currency. In addition, investors can see the upside slope of MACD line and the ending of red bars in the histogram indicator.
Conclusion
The OMG network is currently priced at $14.72 with a 24-hour trading volume of $1,197,618,953. OMG prices are up 11.2% in the past 24 hours. Its current supply is 140 million OMG, and its total supply is 140 million.
RSI shows a buy, and MACD indicates a sell signal. Traders have directed high volume. In fact, the cost has bounced from the support zone. A market overview also shows that this pattern will continue to rise in the coming trading days.
Resistance Level: $17.50- $18.0
Support Level: $12- $12.50