tcr_thecoinrepublic

Will OMG Hit $8.00 This Week?

Long
BITFINEX:OMGUSD   OmiseGo
OMG price traded at $6.74 with a neutral move of 0.04% in the last 24-hour and 20.88% up in the weekly time-frame. Furthermore, OMG bounced back from the support of $4.90. In contrast, the market capitalization stands at $957.52 million. Technically, investors can perceive a positive crossover in SMA, and the price is above the 21-SMA. RSI index showcases an upward slope. Moreover, the price movement can be towards the resistance of $7.80 in future trading sessions.

Resistance: $7.80
Support: $4.90
Trade closed: target reached

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