OMISEGO Price Prediction Today: Daily (OMG) Value Forecast – July 31

OmiseGo Confirms the Acquisition by Thailand Company to be “False”
  • Most of the range market moves of the OMG/USD have featured under the sell signal line of the SMA trading indicator.
  • Traders are enjoined to exercise some degree of caution while placing an order.

OMG/USD Medium-term Trend: Ranging

  • Distribution territories: $1.80, $2, $2.20
  • Accumulation territories: $1.20, $1, $0.80

OMG/USD market territories between $1.60 and $1.40 marks have dominated by a variant of choppy price movements. Most of the range market moves have featured under the sell signal line of the SMA trading indicator.

About a day and several hours until the present, the Bollinger Bands have shrunk into the choppy spots. Like wisely, the 50-day SMA trading indicator has joined with the Bollinger Band at the upper end of range market. The Stochastic Oscillators have moved closer to range 75 with their hairs conjoined to signify the intensity of the on-going range movements.

There has been no tangible move to suggest a clear-cut direction of this market. And that could linger on to the next trading session.

OMG/USD Short-term Trend: Ranging

The OMG/USD short-term trend has been witnessing a more intense ranging price moves. The intensity of the ranging market has spanned from yesterday’s session into the present market trading condition.

All the trading indicators are within the ranges, as earlier mentioned in the paragraph above. The Bollinger Lower Band and the 50-day SMA are joined together in the choppy regions. The Stochastic Oscillators have crossed downwards from range 80 to range 40. And, they now attempt to close the hairs.

It appears the OMG/USD bulls are struggling around the present choppy spots. Traders are enjoined to exercise some degree of caution while placing an order.

OmiseGo:

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

[Author Alert] The author’s opinions above are solely based on their own self-conducted research. Assume any and all authors are using, holding, trading and/or buying cryptoassets mentioned as a portion of his or her financial portfolio. Use information at your own risk, do you own research, never invest more than you are willing to lose.

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Author: Azeez Mustapha

OMISEGO Price Prediction Today: Daily (OMG) Value Forecast – July 17

The-Evolution-of-the-OmiseGo-Ecosystem
  • The market valuation of OMG/USD market has been trending downward alongside with the trend-line of its Bollinger Lower Band.
  • The bears may continue to gain the market’s advantage if the bulls fail to muster their energy around $1.60 and $1.40 price territories.

OMG/USD Medium-term Trend: Bearish

  • Distribution territories: $2, $2.20, $2.40
  • Accumulation territories: $1, $0.80, $0.60

The market valuation of OMG/USD has been on drastic downward pressure over time around its Bollinger Lower Band trend-line. The crypto hasn’t able to even touch the Bollinger Middle from below since the decline.

The 50-day SMA is located a bit over the Bollinger Upper Band near $1.80 mark. The Stochastic Oscillators have briefly crossed to point to the north below range 40. That signifies a slight sign of bulls’ recovery.

The crypto is trying to recover between $1.60 and $1.40 price territories presently. The bears may potentially gain the market’s advantage if the bulls fail to muster the energy around those territories.

OMG/USD Short-term Trend: Bullish


There seems to be a slight increase in the OMG/USD market short-term trend today as at the time of writing. The crypto’s price has been on the rise from a low mark a bit below $1.30 line to trade near a high point at $1.50. Yesterday, the market’s trend completed its sessions being a bearish outlook.

The 50-day SMA is situated over the Bollinger Upper Band. The Stochastic Oscillators have moved into the overbought zone. And, they now slightly cross near range 80 to point to the south.

The bulls are seemingly getting weak in the short run of this market. And, they are not able to push past the $1.50 price point. In that case, the bears may find a way back into the trade operations around that spot.

OmiseGo:

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

[Author Alert] The author’s opinions above are solely based on their own self-conducted research. Assume any and all authors are using, holding, trading and/or buying cryptoassets mentioned as a portion of his or her financial portfolio. Use information at your own risk, do you own research, never invest more than you are willing to lose.

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Author: Azeez Mustapha

OmiseGo Price Prediction Today: Daily (OMG) Value Forecast – July 3

OmiseGo-Almost-Completing-Its-Tesuji-Plasma-Integration
  • OMG/USD market may soon experience a line of choppy price movements around small space between the trend-lines of the 50-day SMA and the Bollinger Middle Band.
  • The market line at $2.50 may be a retarding point to the bulls’ forces to the northbound of the trade.

OMG/USD Medium-term Trend: Bearish

  • Distribution territories: $2.80, $3, $3.20
  • Accumulation territories: $2, $1.80, $1.60

OmiseGo market valuation has been somewhat overwhelmed by the US dollar. The market traded around a high value at $2.80 on June 30, and on June 2, got a low mark at $2.20.

Presently, the pair has a bit sprung up to trade around the Bollinger Middle Band trend-line. The 50-day SMA is situated a bit below the Bollinger Upper Band. The Stochastic Oscillators now seemingly point north-east at range 60.

There may soon be a chain of choppy price movements around small space between the trend-lines of the 50-day SMA and the Bollinger Middle Band. While price can’t move or keep over the $2.40 price territory, the bears may re-exert a pressure on the market, and later on, go down to test $2.

OMG/USD Short-term Trend: Ranging


There has a range of price movements in the OMG/USD market today. The choppy price movements could be seen at $2.40 price line which may as well be regarded as a median point to $2.50 point as the upper range, and $2.30 mark as the lower range line of the market.

All the trading indicators now fall within the choppy zones as the 50-day SMA is closely located to the Bollinger Lower Band. The Stochastic Oscillators now consolidate around range 40.

The OMG/USD market has been somewhat trying to rebound to the northward despite its current range moving mode in the short run. However, the maarket line at $2.50 may be a retarding point to the bulls’ forces to the northbound of the trade.

OmiseGo:

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

[Author Alert] The author’s opinions above are solely based on their own self-conducted research. Assume any and all authors are using, holding, trading and/or buying cryptoassets mentioned as a portion of his or her financial portfolio. Use information at your own risk, do you own research, never invest more than you are willing to lose.

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Author: Azeez Mustapha

OmiseGo Price Prediction Today: Daily (OMG) Value Forecast – June 21

The Repo OMG Network has now been made an open source
  • 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.

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

[Author Alert] The author’s opinions above are solely based on their own self-conducted research. Assume any and all authors are using, holding, trading and/or buying cryptoassets mentioned as a portion of his or her financial portfolio. Use information at your own risk, do you own research, never invest more than you are willing to lose.

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Author: Azeez Mustapha