Is ECOMI (OMI) Heading the Right Direction Saturday?

Saturday, June 18, 2022 11:22 AM | InvestorsObserver Analysts

ECOMI receives a strong short-term technical score of 68 from InvestorsObserver analysis. Our proprietary scoring system considers the recent trading patterns of the token by looking at the price movement to determine if it is trending in the right direction. OMI holds a better recent technical analysis than 68% of tokens at its current price. Investors who are focused on short-term growth and looking for hot and trendy coins will find the Short-Term Rank especially relevant when allocating their assets.

InvestorsObserver is giving ECOMI a 68 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on ECOMI!

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Trading Analysis

OMI is currently $0.000127 (13.17%) above its 30-day low of $0.000964570 and -$0.000703 (-39.18%) below its 30-day high of $0.00179494. Additionally, OMI is under its average price of $0.001486664 over the past month of trading with its current price of $0.001091639. Overall, the recent trading history of ECOMI suggest that traders are currently bullish on the token. OMI has a low market cap compared to the majority of tokens with a total market value of $0.00. ECOMI's relatively low market value comes as it sits under $100 million while the top 100 cryptos remain above $1 billion in market cap and the top 500 sit above $100 million. ECOMI's average volume is low as $464,061.88 worth of the token is typically traded over a 24 hour period. OMI's volume is relatively low as the most traded 100 cryptos typically have $100 million exchanged each day and smaller cryptos tend to sit under $5 million traded over 24 hours. Over the past 24 hours OMI's volume is below its average with $65,631.05 exchanged.

Summary

ECOMI's price movement over the past month has led to a a strong short-term technical score due to recent trading giving more bullish signals for traders on the token's short-term movement. Click Here to get the full Report on ECOMI (OMI).