OmiseGo [OMG] Technical analysis and Price prediction 2018, 2020
The US SEC’s decision to review the rejection orders of Bitcoin ETFs has the cryptocurrency prices riding an upward trend. The overall crypto market in a green mood with the Bitcoin increasing by $150. Omisego [OMG] has also begun trading in the bullish trendline and has risen against USD by 4% in the past 24 hours.
OMG is currently changing hands in green at $3.83 finding support at $3.65. The increasing buyer pressure has caused it to rise by over 5% in the past 24 hours. The prices are exhibiting a tight trading range for today from $3.5 to $3.8. The prices are eyeing the $3.9 handle which is the current resistance level. The 100 EMA line is exhibiting an uptrend and the MACD signifies a bullish trend.
Currently, one OMG is equal to 0.00059406 BTC and is rising against BTC by 4.64%.
OMG Price prediction 2018, 2020
According to Tradingbeasts, “The OmiseGO price is forecasted to reach $12.20 by the beginning of December 2018. The expected maximum price is $15.49, minimum price $10.54. The OmiseGO price prediction for the end of the month $12.40.” By the end of 2020, OMG prices are expected to reach around $17.
Coinliker forecasts that OMG prices will touch $80 in a year and five years from now the coin prices are expected to reach $320.
Image via Shutterstock
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