tcr_thecoinrepublic

OMG Shows Strong Sustainability Above $8.0

Long
BITFINEX:OMGUSD   OmiseGo
OMG price traded at $8.20 with a gain of 18% in the last 24-hour and 35.80% up in the weekly time-frame. Furthermore, OMG bounced back from the support and is sustaining above $8.0. In contrast, the market capitalization stands at $1.16 billion. Technically, investors can perceive a positive crossover in EMA, and the price is above the 8-EMA. RSI index showcases a downward slope for a short while. Moreover, the price movement can be towards the next resistance of $8.80 in future trading sessions.

Resistance: $8.80
Support: $6.70

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