OMISEGO Price Prediction Today: Daily (OMG) Value Forecast – June 19


  • The bulls now appear getting weaker especially while trying to push past $2.20 mark.
  • Traders should be wary of a false breakout in the OMG/USD market.

OMG/USD Medium-term Trend: Ranging

  • Distribution territories: $2.30, $2.40, $2.50
  • Accumulation territories: $1.90, $1.80, $1.70

OMG/USD market has been in a push around range trading zones marked by $2.20, $2.10 and $2 price territories. The market has been hovering around the 50-day SMA indicator after touching a low point around the Bollinger Lower Band trend-line. The Stochastic Oscillators are now in an attempt to close hair at range 60.

Market’s price territories between $2.20 and $2.10 lines are now regarded as critical trading locations for the OMG/USD market bulls may not easily trade past. Therefore, the market tends to lose energy to the bears most times that price point moves slowly around them.

OMG/USD Short-term Trend: Bullish


The short-term market trend of the OMG/USD has seen a slight increase in its valuation today. The upswing price movements of the crypto-market are formed by a line of higher highs and higher lows.

Presently, after a short pull-back at the touch of the Bollinger Upper Band, the market has now been trading around it 50-day SMA indicator. Yesterday, the market moved in a range close to a low market’s value at $2. The Stochastic Oscillators now bends across range 60 to slightly point south-east.

The bears still potentially have the grand to push the OMG/USD market towards testing a low value at $2 mark.

OmiseGo:

Live OmiseGo (OMG) Price:

1 OMG/USD =$3.7418 change ~ -3.97%

Coin Market Cap

$524.78 Million

24 Hour Volume

$73.91 Million

24 Hour VWAP

$0

24 Hour Change

$-0.15

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

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