OMISEGO Price Prediction Today: Daily (OMG) Value Forecast – July 30
- OMG/USD market bulls may be pushing northward slowly between $1.60 and $1.40 levels afterward.
- The bears’ force seems to be getting fade gradually in the OMG/USD market.
OMG/USD Medium-term Trend: Ranging
- Supply levels: $1.80, $2, $2.20
- Demand levels: $1.20, $1, $0.80
OMG/USD market’s choppy price movement continues without much change in the moving pattern. Three close market trading lines are involved in the range setting of this crypto-market. And, they are $1.80, $1.60, and $1.40 marks.
The trading indicators on a general mote have slightly bent towards the south-east attesting to the on-going range market movements. The Stochastic Oscillators have briefly crossed the hairs a bit over range 40 in an attempt to point to the south.
The bears needed to break out of the range spots downward to possibly achieve a lower point around the $1.20 mark. The bulls may be pushing northward slowly between $1.60 and $1.40 levels afterward.
OMG/USD Short-term Trend: Bearish
The short-term trend of OMG/USD has seen more of smaller downward price movements in ranges of $1.55 and $1.45 levels today. The market has aligned with slight trending moves of the Bollinger Lower Band.
The Bollinger Upper Band and the 50-day SMA trading indicators are at the $1.55 upper choppy spot of the market pointing towards the east. The Stochastic Oscillators have headed downward closer to range 20. And, they have closed the hairs in what seemingly suggestive of to expect an upward rise soon in the market.
The bears’ force seems to be getting fade gradually in this crypto-market. Nevertheless, traders need to look out for strong reversal mostly from lower strategic trading lines before taking a long entry or order.
Live OmiseGo (OMG) Price:
1 OMG/USD =$3.7418 change ~ -3.97%
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