I'll be monitoring this closely, as ETH continues to rise, expect ERC 20 tokens to rise with it.
What I'd like to see before purchasing is a high volume breakout of the resistance zone I've highlighted.
Key Notes:
1) If 1425 is broken with high volume, I will be looking to enter long until 1620ish, these targets will change as the market does. 2) RSI is currently approaching bullish zone. 3) Resistance zone is 1386 - 1425, this need to break with high volume for any potential purchase.
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My XLM target hit, however I do not like the volume on this and have not purchased in yet.
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This did not break the target zone with any conviction, as a result no trade was made. BTC is currently moving, and do not expect OMG to compete with BTC, am no longer tracking.