OmiseGo Hits Two-Month High Amid Exchange Listings

The token was alo listed on Zebpay, one of India's largest cryptocurrency exchanges, yesterday.

According to the chart analysis the outlook will remain bullish as long as prices hold above $14.40.

The bullish triangle breakout indicates long-term bearish-to-bullish trend change and has opened the doors for a retest of the record high of $28.50.

It's worth noting that the bullish breakout is matched by a 415 percent spike in 24-hour trading volume.

Further, the momentum studies are biased to the bulls too, with both the 5-day moving average and the 10-day MA trending north.

Only a daily close below $14.40 would signal bullish invalidation.

A drop below $12 would signal a bullish-to-bearish trend change.

UPDATE: This article has been updated to remove a link to a fraudulent website that was misrepresenting OmiseGo in an effort scam users.

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