- The OHM token price slips below the EMA-200 following by a death crossover on the intraday session.
- The 24-hour trading volume is at $84 million.
- OHM/BTC pair is trading negative by -21.7% at 0.00631561 BTC.
Moving Average (EMA) containing 20,50,100,200 In the OHM token daily price chart, it is reliable support for currency price change. Investors can observe that price slips below the yellow line and can guarantee a bearish trend as long as costs are below the moving average.
The volume (59.863 K) is below the 20-day moving average (73.658 K). The volume is moderate, so the cost has been struggling for several days. Investors may also notice a decline in volume. This indicates that unusual changes are expected on the following trading days.
OHM Token Price RSI is Oversold Buyers Are Getting in
The daily price chart of the OHM token moves towards the support zone. Depending on the price action, the support region is within $200. On the flip side, the resistance level to look for is around $460.
The RSI showed an 18 (Oversold) sign with a short-term buy signal. Investors may observe that the indicator’s RSI line is running upside. A plunge can happen on upcoming trading days.
The MACD shows a (bearish) cross below the signal line on December 03, indicating a sell signal for the crypto. In addition, investors can see red bars in the histogram indicator.
Conclusion
Olympus price today is $294.17 with a 24-hour trading volume of $84,800,810. OHM price is down -23.4% in the last 24 hours. It has a circulating supply of 6.2 Million OHM coins and a total supply of 6.93 Million.
The RSI and MACD indicate a sell signal. Traders have directed low volume. In fact, the cost struggles around the support zone during the intraday. A market overview also shows that this pattern will continue to plunge in the coming trading days.
Resistance Level: $460
Support Level: $200
DISCLAIMER
The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, or other advice. Investing in or trading crypto assets comes with a risk of financial loss.