How Did OmiseGo’s Price Fare Yesterday?
At the time of this writing, OmiseGo has a price of $0.6667 USD, which puts it down by approximately 11.79% from yesterday. OmiseGo is currently in a down, and it should be noted that this is now the the 2nd consecutive day that price has been down. Moreover, OmiseGo is now 25.18% below its 20 day moving average. To help contextualize yesterday’s price move, we can observe that price has rallied 15 of the past 30 days. As for the volume underlying yesterday’s move, note that the price change occurred on volume that was approximately 78.4% less than its 7 day average volume.
Traders looking for a range to trade within may wish to note that the Bollinger bands (a price indicator based on recent momentum and volatility) for OmiseGo imply the currency may oscillate between $0.734362 and $1.047738, based on how price has behaved in the two weeks prior. As we are closer to the bottom of that range, rangebound traders may wish to consider exploring buying opportunities.
As for OmiseGo’s market cap, it is currently at about $93M US dollars.
Update on Transactions and Holders
NA transactions amongst holders of OmiseGo occurred yesterday. As for the number of holders, yesterday saw the number of wallets holding OmiseGo NA by NA. In terms of recurring usage, we can note that NA wallets have sent or received coins in the past month, while NA have in the past day.
How are the Strong Holders of OmiseGo Faring?
In terms of wealth concentration, the richest 1,000 wallets own 78.53% of the coin’s total money supply. The percent of the currency that is owned by wallets that are both belonging to exchanges and in the top 1,000 richest wallets of the token comes out to 12.94% of the currency’s money supply. In terms of growth rates, the share of total supply of the richest 1,000 wallets has grown by 0.05% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by -0.34%.
Article by SixJupiter
