OmiseGO is on the rise

Gregor Horvat Wavetraders

OmiseGO with ticker OMGUSD is already on fire after we spotted strong support around 1.0 area on a daily chart back on December 8th 2022 (CLICK HERE). Well, after we noticed five waves up into wave A/1, followed by three-wave a-b-c pullback in wave B/2 in the 4-hour chart, we are now tracking either wave C or 3 with room at least up to 2.5 – 3.0 area for wave C or maybe even higher for wave 3 of a five-wave bullish impulse, if the price goes towards 4 area.

Get Full Access To Our Premium Elliott Wave Analysis For 14 Days. Click here.

Author

Gregor Horvat

Wavetraders

Experience Grega is based in Slovenia and has been in the Forex market since 2003.

Markets move fast. We move first.

Orange Juice Newsletter brings you expert driven insights - not headlines. Every day on your inbox.

Editor's Picks

Crypto market outlook for 2026

Year 2025 was volatile, as crypto often is. Among positive catalysts were favourable regulatory changes in the U.S., rise of Digital Asset Treasuries (DAT), adoption of AI and tokenization of Real-World-Assets (RWA).

Sberbank issues Russia's first corporate loan backed by Bitcoin

Russia's largest bank Sberbank launched the country's first Bitcoin-backed corporate loan to miner Intelion Data. The pilot deal uses cryptocurrency as collateral through Sberbank's proprietary Rutoken custody solution.

Bitcoin recovers to $87,000 as retail optimism offsets steady ETF outflows

Bitcoin (BTC) trades above $88,000 at press time on Tuesday, following a rejection at $90,000 the previous day. Institutional support remains mixed amid steady outflow from US spot BTC Exchange Traded Funds (ETFs) and Strategy Inc.’s acquisition of 1,229 BTC last week.