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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