OMG Increases Substantially After Coinbase Listing

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In Brief
  • The OmiseGO price has been increasing since May 8.

  • It is possible that the reason for this accelerated increase was a listing on Coinbase.

  • The OMG price has possibly reached the top of a five wave Elliott formation.

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The OmiseGO price has been increasing since May 8, having done so by 205%. The rate of increase greatly accelerated on May 15, and the movement has become parabolic since. It is possible that the reason for this accelerated increase was the listing on Coinbase, as evidenced by @Lawmaster, who stated that the coin has increased by 176% since being launched on Coinbase on May
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Valdrin is a cryptocurrency enthusiast and financial trader. After obtaining a masters degree in Financial Markets at the Barcelona Graduate School of Economics he began working at the Ministry of Economic Development in his native country of Kosovo. In 2019, he decided to focus full-time on cryptocurrencies and trading.

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