Hi Hivers and Leo Heads!
The weekend is here and hope you're having a good one!
In this Market Recap I will be highlighting the current market movements of $OMG.
Currently we may be seeing a breakout and a big move up! OMG is something to be looking at.
OMG
OMG is currently at a important retest from a big drop from earlier 2020 highs, OMG is on a very bullish pattern since 1 month ago.
If we focus on the smaller picture and time frames, we can see OMG has tested the current triangle finding support and this could easily been looked as confirmation of more upward action.
On the larger time we could have targets to $8 in the short term. OMG is a promising project as a Layer 2 solution for the ETH network. OMG has very strong fundamentals and a very solid project.
Please perform your own research!
The charts are showing a very bullish breakout and strong continuation, and we could see a 1-2x from these levels in the immediate short term.
Please make your own financial decisions as always, I am not your finical advisor :)
More updates soon!
@originate Hive Developer Evangelist & Market Analyst