Long-term, OMG is very bullish, in my opinion more so than XRP.
On the other hand, today's pump is built on a pre-existing overbought condition. It was already overbought on daily, 4h, and 1h scales.
There's a chance that OMG may experience a pullback. Entering now should be considered a very-short-term move in my view, though it's likely to continue to go up for a while longer.
On the other hand, today's pump is built on a pre-existing overbought condition. It was already overbought on daily, 4h, and 1h scales.
There's a chance that OMG may experience a pullback. Entering now should be considered a very-short-term move in my view, though it's likely to continue to go up for a while longer.