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OmiseGo Prices Rise And Slowly Reach Overbought Territory

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The OmiseGo prices rise and reach massive gains over the past week but the asset is slowly reaching the overbought territory as we are reading in the following cryptocurrency news.

The talk about OmiseGo across social media channels exploded after the major 150% price increase that started on May 11. With the increased hype around it, there is a strong chance that OMG will continue to surge but different indicators are warning of a major correction. The spike in selling pressure behind the ERC-20 token could see a price drop in the $1.3 region.

OmiseGo prices rise as OMG ...

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