OmiseGo Price Up 6.3% to $9.34 – Where to Buy OMG

OmiseGo is among the coins that have benefited from the ongoing market bulls. Over the past month, OMG has gained by more than 80%, and this has led to the creation of new monthly highs. With the crypto bulls showing no signs of stopping soon, OMG could be headed towards even bigger gains that could lead to creation of new all-time highs.

OmiseGo is trading at $9.34 at the time of writing after a 6.3% gain in 24 hours.

OMG Price Analysis

OMG price analysis Sep 7
Source: Tradingview

The majority of OMG bulls are because of support from the broader crypto market. The market bulls show promise of maintaining the uptrend, which could mean that OmiseGo could soon break out past major resistance levels.

If the uptrend holds, the next resistance for OMG will be at $9.50. breaking past this level could trigger a rally towards $10. Intense price action will also depend on buyer support. If buyers show support for the coin at the current levels, double-digit gains could be formed and OmiseGo could soon reach the critical level of $10.

On the downside, the uptrend could fail if market support weakens and buyers fail to maintain an uptrend. In this case, we could see the coin heading towards the lower support level of $9.20. If there are further dips below $9, selling pressure could accumulate which could lead to an even stronger bearish pressure.

Developments surrounding the OMG network have also played an integral role in boosting the values of the OmiseGo coin. The network has been making great advances in the digital payments sector. It works closely with financial institutions to launch services that are useful to both account holders and those with no accounts.

One of OMG’s strategic partners, Enya, recently collaborated with the Boba Network to develop a layer 2 scaling solution. The partnership is aimed at boosting transaction speeds and lower transaction fees, which could give OMG Network an edge over the competition.

Where to Buy OMG

If you want to buy OMG tokens, you can create a cryptocurrency exchange account on the following platforms:

  • eToro

eToro is one of the popular exchange platforms. It has a copy trading feature that allows a new trader to copy the trading strategies of expert traders. eToro charges low trading fees and supports user-friendly features.

  • OKEx

You can also buy OMG from OKEx. OKEx is one of the largest exchange platforms, and it is renowned for being supportive to both new and expert traders. OKEx also charges low trading fees.

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