OmiseGo Price Prediction Today: Daily (OMG) Value Forecast – June 21
- The OMG/USD pair appreciated in value as the bulls reached a high of $2.40 price level.
- On the upside, if the price is sustained above the EMAs, the crypto’s price will rise to retest the $2.40 price level.
OMG/USD Medium-term Trend: Bearish
- Resistance Levels: $2.20, $2.40 2.60
- Support levels: $1.80, $1.60, $1.40
Yesterday, June 20, the price of OMG was in a sideways trend. The OMG/USD pair appreciated in value as the bulls reached a high of $2.40 price level. On June 2, the bulls were resisted and OMG market was on a downward correction to a low at $1.96 price level. The crypto’s price is below the 12-day EMA and the 26-day EMA which suggest that price is likely to fall.
The support level of $1.96 was well supported as the bulls made an upward move above the EMAs. The crypto’s price is characterized by small body candlesticks like the Doji and Spinning tops which described the indecision between the buyers and the sellers at the current market price. On the upside, if the price is sustained above the EMAs, the crypto’s price will rise to retest the $2.40 price level. Nevertheless, the OMG price is in the oversold region of the daily stochastic but above the 40%range. This indicates that price is a bullish momentum and a but signal.
OMG/USD Short-term Trend: Bearish
On the 1-hour chart, the OMG price was in a bearish trend. On June 19, the OMG price was in an upward move reached a high of $2.20 price level. The bulls were resisted as the price fell to the support of EMAs.
The bears broke the EMAs as the price fell to the low at $2.02. Meanwhile, the price is in the overbought region of the daily stochastic but above the 60% range. This indicates that price is in a bullish momentum and a buy signal.
Live OmiseGo (OMG) Price:
1 OMG/USD =$3.7418 change ~ -3.97%
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