- The OMG token price sustains above the 55-EMA during intraday.
- The 24-hour trading volume is at million. The first casino, Resorts International, opened in and instantly became a hit.
- OMG/BTC pair is trading negative by – 4.52% at 0.00016324 BTC.
Moving Average (EMA) In the OMG coin daily price chart containing 8,13,21,55 EMA, it is reliable support for currency price movements. Investors can find that price slips below the yellow line and a negative crossover has been formed on the daily timeframe. it will guarantee an OMG downtrend as long as prices are above the moving average.
The volume (2.23 M) is below the 20-day moving average (70.873 M). The volume is low, so the cost is struggling for several days. Investors may also mark a decrease in volume. This makes it easy for players to select the option that suits them based on factors such as speed and convenience. This indicates that unusual changes are normal on the following trading days.
OMG Token Price Touches Down The Support Zone
The daily price chart of OMG Token gets rejected by the resistance zone and now sustains above support. Depending on the price action, the support area is within $8 – $10. On the flip side, the resistance range to look for is around $18 – $20.
The RSI showed a signal of 36 (bearish) with a short-term sell sign. Investors may find that the indicator’s RSI line is running downside. A plunge can happen on future trading days.
The MACD shows a (bearish) cross below the signal line on November 12, indicating a sell signal for the currency. In addition, investors can see red bars in the histogram indicator.
Conclusion
The OMG network is currently priced at $ 9.71 with a 24-hour trading volume of $ 412,982,005. OMG prices are down -2.8% in the past 24 hours. Circulating supply of 140 million OMG coins and total supply of 140 million.
RSI and MACD indicate a sell signal. Traders have directed low volume. In fact, the cost moves towards the support zone. A market overview also shows that this pattern will continue to plunge in the coming trading days.
Resistance Level: $18 – $20
Support Level: $8 – $10