- The OMG token price flies above the 55-EMA during intraday.
- The 24-hour trading volume is at $1,907 Billion.
- OMG/BTC pair is trading positive by 5.4% at 0.00025436 BTC.
Moving Average (EMA) In the OMG token daily price chart containing 8,13,21,55 EMA, it is a reliable support for currency price movements. Investors can find that price moves above the yellow line and guarantee an uptrend for OMG as long as prices are above the moving average.
The volume (7 M) is above the 20-day moving average (14.171 M). The volume is moderate, so the cost is surging. Investors may also mark a loss in volume. This indicates that unusual changes are normal on the following trading days.
OMG token Price Testing The Resistance Can Breakout
The daily price chart of OMG token is on the rise. Depending on the price movement, the support range is between $12.0 & 13.50. On the flip side, the resistance area you should be looking for is $16 & $18.0.
The RSI showed a signal of 58 (bullish) with a short-term buy sign. Investors may find that the indicator’s RSI line is sloping upwards. A rise can happen on future trading days.
The MACD shows a (bullish) cross above the signal line on November 03, indicating a buy signal for the currency. In addition, investors can see green bars in the histogram indicator.
Conclusion
OMG Network price today $16.85, with a 24-hour trading volume $1.907,423,518. OMG price has risen 2.9% over the past 24 hours. There are 140 million OMG coins in circulation and 140 million total.
RSI and MACD indicate a buy signal. Traders have directed moderate volume. In fact, the cost is testing the resistance zone. A market overview also shows that this pattern will continue to surge in the coming trading days.
Resistance Level: $16 – $18
Support Level: $12 – $13.50