The Crypto Market Goes Parabolic, OMG May Hit The Moon Soon?

Source Node: 1093100

OMG May Hit The Moon
  • The crypto market continues in its bullish trend.
  • OMG gained over 38.67% in the last 24 hours.
  • The coming weeks may be a decisive moment in the crypto market.

The crypto market is steadily gaining momentum after its massive splurge in September. October ushered in good news for investors and traders alike. Notably, the total crypto market volume at the time of writing is standing at $99.58B over the last 24 hours. Though it decreased by 15.12% compared to a few weeks ago, it is still a win as it has gained a little bit in the past hours.

Over the weekend, bitcoin hodler was over the moon due to the massive price surge of BTC to 47,963 as at press time. Aside from bitcoin, other altcoins showed an uptrend position in the crypto market chart. Considering the volatility of the crypto market, it may be too early to jubilate. The unstable nature of the market makes it almost impossible to hold one’s hopes high.

omg 1
Source: CoinMarketCap

From the chart above, OMG is experiencing an uphill trend with the current price at $17.69. This is a big feat for the crypto which currently ranks 55 on CoinMarketCap. OMG price showed a progressive move and this means hit the moon if it continues in this bullish position.

Emphatically, one interesting fact about the crypto market is its ability to make one excited one minute and sad the next hour. While many are hoping the market continues to rise, it is not certain what tomorrow holds for the crypto market. Notwithstanding, all eyes are fixed on what this month will bring to the crypto market.

Source: https://coinquora.com/the-crypto-market-goes-parabolic-omg-may-hit-the-moon-soon/

Time Stamp:

More from CoinQuora