- Bullish OMI price prediction is $0.0083311 to $ 0.0129068.
- The OMI price will also reach $0.1 soon.
- OMI bearish market price prediction for 2022 is $0.0023262.
In ECOMI’s (OMI) price prediction 2022, we use statistics, price patterns, RSI, RVOL, and much other information about OMI to analyze the future movement of the cryptocurrency.
ECOMI Current Market Status
According to CoinGecko, the price of OMI is $0.00723241 with a 24-hour trading volume of $5,983,873 at the time of writing. However, OMI has increased nearly 6.0% in the last 24 hours.
Moreover, OMI has a circulating supply of 6,562,202,502 OMI. Currently, OMI trades in cryptocurrency exchanges such as OKX, Gate.io, BitForex, and AscendEX (Bitmax).
What is ECOMI (OMI)?
ECOMI is a singapore-based technology company in the digital collectible space. The company has creates VeVe, a blockchain-based digital collectibles marketplace, for users to buy and share their collectibles across the social network service. VeVe works with brands including Batman, Superman, Harley Quinn, Ghostbuster, NFL, and MLB, along with others. ECOMI enables users to both buy and sell digital collectibles, as well as show off their items with VeVe’s social media aspect.
ECOMI (OMI) Price Prediction 2022
ECOMI holds the 37th position on CoinGecko right now. OMI price prediction 2022 is explained below with a weekly time frame.
An ascending channel is the price action contained between upward sloping parallel lines. Higher highs and higher lows characterize this price pattern. Channels are used commonly in technical analysis to confirm trends and identify breakouts and reversal. It is a bullish chart pattern defined by a trend line supporting the series of higher lows and a diagonal resistance level connecting the higher highs.
It is the exact opposite of the descending channel. A breakout above the upper trendline generates a strong buy signal, while a break down below the lower trendline generates a strong sell signal.
Currently, OMI is in the range of $0.007. If the pattern continues, the price of OMI might reach resistance levels. If the trend reverses, then the price of OMI may fall to $0.0051306 and $0.0045119.
ECOMI (OMI) Support and Resistance Level
The below chart shows the support and resistance level of OMI.
From the above monthly time frame, it is clear the following are the resistance and support levels of OMI.
- Resistance Level 1 – $0.0083311
- Resistance Level 2 – $ 0.0129068
- Support Level 1 – $0.0062745
- Support Level 2 – $ 0.0045897
- Support Level 3 – $0.0033433
- Support Level 4 – $0.0023262
The charts show that OMI has performed a bullish trend over the past month. If this trend continues, OMI might run along with the bulls overtaking its resistance level at $0.0129068.
Accordingly, if the investors turn against the crypto, the price of the OMI might plummet to almost $0.0023262 a bearish signal.
ECOMI Price Prediction 2022 — RVOL, MA, and RSI
The Relative Volume (RVOL) of OMI is shown in the below chart. It is an indicator of how the current trading volume has changed over a period of time from the previous volume for traders. Currently, the RVOL of OMI lies below the cutoff line, indicating weaker participants in the current trend.
More so, the OMI’s Moving Average (MA) is shown in the chart above. Currently, OMI is in a bearish state. Notably, the OMI price lies below 50 MA (short-term), so it is completely in a downward trend. Therefore, there is a possibility of a reversal trend of OMI at any time.
Meanwhile, the relative strength index (RSI) of the OMI is at level 52.98. This means that OMI is in a nearly overbought state. However, this means a major price reversal of OMI may occur in the upcoming days. So, traders need to trade carefully.
ECOMI Price Prediction 2022 — ADX, RVI
Let us now look at ECOMI’s Average Directional Index (ADX). It helps to measure the overall strength of the trend. The indicator is the average of the expanding price range values. This system attempts to measure the strength of price movement in the positive and negative directions using DMI indicators with ADX.
The above chart represents the ADX of ECOMI. Currently, OMI lies in the range of 13.5120644, so it indicates a weak trend.
From the above chart, the Relative Volatility Index (RVI) of OMI. RVI measures the constant deviation of price changes over a period of time rather than price changes. The RVI of OMI lies above the 50 levels, indicating that the direction of volatility is high. In fact, OMI’s RSI is at 52.98 level thus confirming a potential sell signal.
Comparison of OMI with BTC, ETH
The below chart shows the price comparison between Bitcoin, Ethereum, and ECOMI.
From the above chart, we can identify the trend of the OMI is moving at a downward trend. But, the recent trend of BTC and ETH move in an upward direction.
Conclusion
With continuous improvements in the ECOMI network, we can say that 2022 is a good year for OMI. For this reason, the bullish price prediction of ECOMI in 2022 is $ $0.0129068. On the other hand, the bearish OMI price prediction for 2022 is $0.0023262.
Furthermore, with the advancements and upgrades on the OMI ecosystem, the performance of OMI would help to reach above its current all-time high (ATH) $0.01343572 very soon. But, it might also reach $0.1 if the investors believe that OMI is a good investment in 2022.
FAQ
The ECOMI Blockchain was created to create an open, infinite economy in which everyone can participate.
OMI has listed on many crypto exchanges which include OKX, Gate.io, BitForex, and AscendEX (Bitmax).
With the ongoing developments and upgrades within the OMI platform, it has a high possibility of reaching its ATH soon.
On March 19, 2021, OMI reached its new all-time high (ATH) of $0.01343572.
ECOMI (OMI) seems to be one of the top-gaining cryptocurrencies this year. According to the recorded achievements of OMI in the past few months, OMI is considered a good investment in 2022.
ECOMI (OMI) is one of the active cryptos that continues to maintain its Bullish state. Eventually, if this bullish trend continues then ECOMI (OMI) will hit $0.1soon.
ECOMI (OMI) price is expected to reach $0.23 by 2023.
ECOMI (OMI) price is expected to reach $0.36 by 2024.
ECOMI (OMI) price is expected to reach $0.44 by 2025.
ECOMI (OMI) price is expected to reach $0.5 by 2026.
Disclaimer: The opinion expressed in this chart solely author’s. It does not interpreted as investment advice. TheNewsCrypto team encourages all to do their own research before investing.
