Interesting Option in OMG
OmiseGo is more like an option contract, but a fair cryptocurrency too. Its prices are moving towards the 50-days moving average. If they succeed to hold above it, a rally towards $1.00, or 50% to the upside, could be performed. In a more pessimistic scenario if prices would fall below $0.50 the cryptocurrency will be no longer interesting for investors. This pessimistic mood was supported by Upbit cryptocurrency exchange that reported OMG Network malfunctions such as problems with "block generation" on the platform. Upbit had delisted Omg in April 2023.
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