OMG Increases Substantially After Coinbase Listing

Updated by Gerelyn Terzo
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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