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OmiseGo Price Prediction Today: Daily (OMG) Value Forecast – June 14

The Repo OMG Network has now been made an open source
  • On the upside, if price is sustained above the EMAs the crypto’s price will rise to retest the $2.40 overhead resistance level.
  • The bulls are yet again making an upward move to retest the $2.20 resistance level.

OMG/USD Medium-term Trend: Bullish

  • Resistance Levels: $2.20, $2.40 ¸ $2.60
  • Support levels: $1.80, $1.60, $1.40

Yesterday, June 13, the price of OMG was in a bullish trend. On June 2, the OMG price reached its peak price of $2.40. However, the bulls were resisted at the $2.40 overhead resistance. OmiseGo market had a downward correction to the support of $1.96 price level. The bears broke the 12-day EMA and the 26-day EMA to reach the bearish trend zone.

The support level of $1.96 was well supported as the bulls made an upward move above the EMAs. On the upside, if price is sustained above the EMAs the crypto’s price will rise to retest the $2.40 overhead resistance level. Nevertheless, the OMG price is in the oversold region of the daily stochastic but above the 40%range. This indicates that price is a bullish momentum and a buy signal.

OMG/USD Short-term Trend: Bullish

On the 1-hour chart, the OMG price was in a bullish trend. On June 11, the market price was in an upward move and the price rose to a high of $2.20 price level. However, the bulls were resisted as the price fell in a downward correction to the previous low at $2.05 price level.

The bulls are yet again making an upward move to retest the $2.20 resistance level. Meanwhile, the price is in the oversold region of the daily stochastic but above the 40% range. This indicates that price is in a bullish momentum and a buy signal.

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

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Bitcoin Market Price Chart in RealTime

Source: BEG

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