- The OMG coin price sustains above the EMA-21 during intraday.
- The 24-hour trading volume is at $427 million.
- OMG/BTC pair is trading positive by 0.8% at 0.00023528 BTC.
On the daily price chart of OMG coin, Moving Average Exponential (EMA), consisting of 8,13,21,55-EMA, Acts as reliable support in the coin price movement. Investors may observe the price sustains above the yellow line, so until the price resides above all the EMA’s, it will assure an OMG uptrend.
Trading volume (6.581 K) is beneath the 20-day moving average (175.875 K). The volume is less, so the cost is moving slowly. Investors may also find that the volume is decreasing. This indicates that unusual fluctuations are common on subsequent trading days.
OMG Coin Price Action Struggles Below The Resistance
OMG coin daily price charts show a sideways trend. Based on the price action, the resistance zone is located at 16- 17 USDT. On the other hand, the support zone to look for is 8- 9 USDT. Therefore, the chart shows a shooting star candlestick pattern during the day.
The RSI gave a signal of 57 (bullish), projecting a buying in the currency for the short-term. Investors can observe an RSI line forming an inclined slope on the index. It can surge in future trading sessions.
The MACD indicator gives (bearish) cross over the signal line on October 10, demonstrating a sell signal in the coin. Additionally, Investors can see tiny red bars on the Histogram index.
Conclusion
The OMG network is currently priced at $14.46 with a 24-hour trading volume of $427,101,853. OMG prices are up 1.9 percent in the past 24 hours. Its current supply is 140 million OMG, and its total supply is 140 million.
The RSI shows a buy sign, and MACD points to a sell signal. The traders have prompted low volume. In fact, the cost is stuck in a range below resistance levels. A market overview also shows that this pattern will continue to fall in the coming trading days.
Resistance Level: $16- $17
Support Level: $8 – $9