- Bullish ECOMI price prediction forecast for 2021 is up to $0.1.
- OMI gearing to beat its ATH of $0.013 sooner than expected
This ECOMI (OMI) price prediction article is purely based on the opinion of CNL alone. In this article, you will see and learn the analysis we have considered in this OMI price prediction.
The crypto market is almost back on its feet after a series of bearish events in the past months. Of course, Bitcoin, the king of crypto assets, contributes well to this bullish trend of the market. However, Bitcoin alone cannot do this. It needs a helping hand to uplift the position of the market. ECOMI (OMI) is one of the digital assets in the crypto space that helps BTC uplift the crypto market’s position against the bears.
ECOMI (OMI) crypto is a Singapore-based crypto company that focuses on digital collectibles and protecting digital assets. Through this, the network was able to gather enough investors that contributed well to its market cap. At the time of writing, the market cap of the crypto amounts to $1.5 billion. This huge market cap places the crypto as one of the top 100 crypto assets in CoinGecko.
Do you think OMI is a good investment and has the potential to surge higher before this year ends? Therefore, what are you waiting for? Join me in this OMI price prediction article to know the future of OMI. But, before that, let us first see the technology behind the OMI crypto.
Overview (At the time of writing)
| Cryptocurrency | ECOMI (OMI) |
| Token | OMI |
| Price | $0.00693486 |
| Market Capitalization | $1,309,175,107 |
| Circulating Supply | 217,682,672,400 |
| Trading Volume | $10,624,267 |
| All-Time High | $0.01343572 |
| All-Time Low | $0.00000337 |
What is ECOMI (OMI)
The ECOMI (OMI) network is a digital asset in the crypto space that uses blockchain technology to power its network. It is a crypto project that enables its users to easily get in touch with digital assets or digital collectibles. In detail, OMI uses an app called VeVe, an app-based marketplace for premium licensed digital collectibles.
The VeVe app allows its users to obtain unique digital collectibles that can be showcased in virtual showrooms. In addition, the virtual showrooms also act as a marketplace where traders can buy, sell and trade digital collectibles with other VeVe users. Through this, we can say that ECOMI and the VeVe app networks did a good job in bringing digital collectibles closer to the crypto community.
ECOMI (OMI) Market Position
At the time of writing, ECOMI has a market capitalization of over $1.2 billion. As a result, ECOMI positions itself as one of the top 100 cryptos in CoinGecko. Furthermore, the crypto has an estimated 24-hour trading volume of almost $11 million. Truly, this position of the crypto can be considered a good one despite the wild volatility of the crypto market.
However, this position of the crypto is not permanent and can change anytime. This is due to the market volatility inside the crypto market. In other words, ECOMI prices can go down and go up depending on the market behavior. But, of course, one thing is for sure, if ECOMI can secure more investors into its platform, the more chance that the price of the crypto may boost.
ECOMI Price Prediction 2021
Source: TradingView
The graph above shows the performance of the ECOMI (OMI) network in the past months. Specifically, the chart shows the price surge of OMI in the month of March, where it reaches the bullish price of $.0132 from the bearish price of $.0011. In addition, this price pump of the crypto recorded a growth rate of over +600. Indeed, this is an amazing performance that catches the attention of investors around the world.
The month of March is truly a wonderful month for OMI. But of course,it’s not always rainbows and butterflies in crypto space due to its market volatility. As a result, the price of OMI plummeted which brought back its market price to $.001, a bearish position. However, OMI did not lose hope and instead gathered its composure to uplift itself from the bearish territory.
This aggressive movement of OMI resulted in the crypto to gradually move its trading price from $.001 to $.006. Based on the chart above, the crypto is currently trading above the Fibonacci golden level (0.618). Indeed, this is an uptrend position that brings a lot of advantage.
Source: TradingView
Let us say that OMI continues to increase its investors in the future, the price of OMI might even surge. In short, the price of OMI can even break the Fibonacci level of .5 to .2 and reach the skyrocketing price of $.02 and beyond in no time. Also, this bullish price of $.02 is just +200% away from its current trading position, a growth rate not impossible to reach. But of course, this will all be possible if the bullish market remains on the side of the OMI network.
Source: TradingView
Meanwhile, the Relative Strength Index (RSI) of the crypto remains to be in a neutral state. In short, OMI is neither oversold or overbought. This means that traders can continue trading without worrying about any major price reversal. On the other hand, it is wise that traders stick to the rules of the indicator that they are using. Through this, traders can have a solid strategy on how to deal with the wild swing of the crypto market.
Conclusion
ECOMI (OMI) continues to be one of the aggressive digital assets in the crypto space. Therefore, the conclusion for the OMI price prediction in 2021 amounts to $.05. However, this forecast still depends on how the market will treat OMI in the next month of the year.
Aside from our OMI price prediction 2021, we will also share some of the forecasts other crypto analysis platforms make.
Market Prediction for ECOMI (OMI) Price 2021
Digitalcoin
Digitalcoin is one of the trusted names in the crypto world, as the firm claims. This is because it has already established accurate cryptanalysis and the latest news stories over time. For this reason, the 2021 forecast of Digitalcoin for OMI amounts to $0.010.
TradingBeasts
TradingBeasts is one of the crypto networks that based its prediction and analysis using historical data with the combination of linear and polynomial regressions. As a result, the price forecast of TradingBeasts for OMI price prediction 2021 will reach the price of $0.0098676.
Wallet Investor
By using their latest technical analysis, the platform updates its network prices and predictions every three minutes. For this reason, the 1-year forecast of Wallet Investor for OMI amounts to $0.00975.
Market Prediction for ECOMI (OMI) Price 2022, 2023, 2024 and 2025
ECOMI (OMI) price prediction 2022 is up to $0.0159 USD (estimated)
ECOMI (OMI) price prediction 2023 is up to $0.0146 USD (estimated)
ECOMI (OMI) price prediction 2024 is up to $0.0206 USD (estimated)
ECOMI (OMI) price prediction 2025 is up to $0.0229 USD (estimated)
FAQ
Based on the crypto’s performance in the past months, we can say that OMI has done well in defending its position against the bearish market. Therefore, we can say that OMI can be a great candidate to be a good investment. However, we still advise you to do your own research before getting involved in crypto assets.
The price of OMI depends on the market condition and some other factors. For instance, the more investors that OMI can invite to its network, the bigger the chance that the price of OMI would rise.
In terms of the price decline of OMI, there are many things that can be considered. One of them is the massive dumping of OMI tokens by the users, which is considerably uncontrollable.
The OMI crypto is just like other cryptos that can be bought in various crypto exchanges. For instance, the Bitforex exchange, one of the famous crypto exchanges that support OMI crypto.
Yes, OMI is a crypto that uses blockchain technology. Also, the crypto can be traded in different exchanges in the crypto world.
Disclaimer: The technical analysis expressed in this article does not necessarily reflect the views of CryptoNewsLand (CNL). Readers of this article should not take this as financial advice. CNL strongly recommends that all users do their own in-depth research before investing in cryptocurrency.
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