The market for digital collectibles has been a target of blockchain disruption and the subject of this Ecomi price prediction. A surge in optimism across the board will validate investors, and others should temper hopes of making huge gains on Ecomi.
Ecomi Price Prediction | Introduction
At the time of writing this Ecomi price prediction, OMI was trading at $0.006677 based on data available on CoinMarketCap. The market cap of the entire network was worth nearly $1.2 billion. The fully diluted market cap is estimated to be $4.9 billion. Now, these figures are of no importance but, coupled with a proven price prediction formula, become trading gold.
ECOMI crypto coin is betting big on the market for digital collectibles. Following a year in which institutional trading caused a short-lives boom and burst in the crypto market, ECOMI coin prediction – and by proxy, the market for digital collectibles – have more recently been hit by future price volatility concerns.
However, the best thing about owning ECOMI is that its scale allows it to provide some of the lowest risk and greatest potential rewards. In this ECOMI coin price prediction, we examine how ECOMI is uniquely positioned to deliver meaningful, long-term investor value for many years to come. Let’s dig deeper.
Ecomi Price Prediction: Technical Analysis
Ecomi’s price failed to hold above a stable support level, leading to a steep correction. This downswing is fast approaching the midpoint of the trading range and will decide the next course of action for ECOMI price prediction. Ecomi price has dropped significantly in November after failing to hold above the range at $0.0079.
As ECOMIs trades around the $0.0080 level, investors can expect this downswing to continue until the rest of the 50% Fibonacci retracement level, sending the price to $0.0050. This level is crucial in determining the short-term bias for OMI. A daily close below $0.0079 will suggest that investors are booking profits and will probably drive the market value of OMI below the fair value.
Assuming this ECOMI price prediction scenario plays out, traders can expect OMI price to dip into the high probability reversal zone. In particular, OMI could drop down by another 20% to the $0.0067 level. While this ECOMI coin price prediction is short-term bearish, market participants can expect OMI price to find its feet around the high probability reversal zone.
The long-term outlook looks at $0.0070 to $0.0080, and potentially gear up for a rebound. If OMI prematurely bounces off the 50% retracement level at $0.0080 and produces a daily $0.0070, it will create a higher high and invalidate the bearish thesis. In this case, the OMI price could attempt to flip the range high at $0.0079 into a support level.
Such an exponential upswing before the end of 2021 could see the crypto reach levels last seen after the all-time highs of March. As many investors begin taking a position as OMI continues to book lower prices in the current trading range, OMI will undergo a correction to a crucial zone that could kick-start a new leg-up.
Ecomi Price Prediction: Market Opinions
Better-than-expected broad performance of digital collectibles is fuelling wild ECOMI predictions. In this section, let’s examine market sentiments from popular forecasting systems and the best technical l analyst teams.
WalletInvestor projects ECOMI could bounce off the resistance level and establish a bearish directional bias for the $0.0068 ECOMI price forecast for the next year. ECOMI price forecast for November – December targets a sell-off point at $0.0077 to exacerbate the deep. A possible sell-off opportunity might be building up to trigger the setback next year. A bearish ECOMI price forecast is justified.
Gov.Capital eyes $0.0067 as the most likely ECOMI price prediction. This ECOMI price prediction for the rest of the year confirms the recent uptrend is facing exhaustion as sellers move quickly to cash profits. The bearish ECOMI price forecast for November – December at $0.0043 confirms the likelihood of a bearish breakout. The ECOMI price forecast for the next year reveals OMI will fall by its own hand to $0.0050.
DigitalCoin adds a nail to ECOMI price forecast for next year’s coffin. This forecast reveals bears pressuring critical support and squeezing bulls out of critical room to maneuver. That means a bearish ECOMI price forecast for November – December reaching $0.0069. However, the projection proposes a buying opportunity is in sight, which puts an ECOMI price forecast for the rest of the year at $0.0121.
PricePrediction ECOMI coin price prediction is $0.007. This ECOMI price forecast for November – December remains indecisive, but the technical analysis shows that a last-minute upswing is possible. With the perfect buy opportunity within the $0.007 zone, this ECOMI price forecast for the next year eyes the perfect Launchpad for a $0.011 target. The ECOMI price forecast for the rest of the year suggests OMI will remain close to its comfort zone.
CoinCodex suggests OMI is poised to strengthen further with strong fundamentals. The ECOMI price forecast for November – December is $0.0068. Nearing a three-month low, this ECOMI price forecast for the next year projects an upcoming bullish extension to sustain OMI at the comfort zone. As Bulls recharge at $0.006, a bullish ECOMI price forecast for the rest of the year will be confirmed with a breakout at $0.007.
Nomics ECOMI price forecast for November – December shows bulls lagging as bears take the lead. The price risks retesting support, which might not hold, forcing a deep for $0.006. This ECOMI price forecast for the next year edges closer to a bearish reversal that could setback the crypto on a three-month losing streak. However, the deep is likely to trigger a resurgence of buyers who could pile pressure on ECOMI price forecast for the rest of the year.
Ecomi Price Prediction: Cryptocurrency Experts and Influencers
Talha44el proposes ECOMI is poised to make an explosive break above the $0.01 threshold in 2022. Based on his ECOMI price prediction, even though the technical show ECOMI is edging closer to overbought territory, and a dip is near, it is all part of the larger uptrend. The recent price action is merely a corrective decline to send ECOMI price forecast for November – December into the demand zone.
A recovery is imminent given the buying season around the corner and optimistic ECOMI price forecast for the next year. All in all, OMI is primed for a bullish ECOMI price forecast for the rest of the year, which could test $0.0137. This bullish ECOMI coin price prediction is a sentiment shared by many other cryptocurrency trading experts and traders.
Consider ConqueringCrypto, which points ECOMI price prediction 2030 is a strong uptrend tunnel that eyes $0.01. The proposal to target an ECOMI price forecast for November – December at $0.0060 as a buying opportunity resonates with the community at large. A buying opportunity could institute a corrective move that could set the uptrend back into play.
Likewise, Taps Trades ECOMI price prediction targets $1. While this ECOMI price forecast for the next year seems unfounded, experts suggest the market for a digital collectible is primed for explosive returns. A burst of good fundamentals could establish a strong directional bias amid market gain, thereby sending OMI to record new all-time highs in 2022.
Latest News and Happenings Concerning Ecomi
The next step for this market and ECOMI itself is licensing and branding. The two are huge components of adoption, which could spell the future of ECOMI predictions and the market at large. A bullish ECOMI price prediction will depend heavily on future licensing and branding deals bringing trusted and established corporate brands to the blockchain.
This collaboration will create access for platforms like ECOMI to access an entirely new audience for content creators. The explosion in popularity of NFTs and especially officially licensed NFTs, appears to be the next battle frontier for ECOMI. Already, VeVe (ECOMI’s app-based marketplace for premium licensed digital collectibles) is perfect positioned to capitalize on a huge chunk of this growth prospect.
In fact, when Marvel elected to launch an NFT collection, they chose VeVe. The collection emerged as some of the most licensed NFTs in the market, thereby justifying a bullish ECOMI coin price prediction as the native currency used. ECOMI brings together a new generation of kids to the fun of collective digital versions of their favorite movie characters. By ushering a new generation to the blockchain space, ECOMI is uniquely positioned for Top of Mind Awareness.
ECOMI management brings a wealth of experience from licensing and retail of more than 20 years. Having worked with intellectual property, the leadership puts ECOMI crypto coin in a position to transform unique gaming and collectible licenses into globally recognized brands. ECOMI recently partnered with Games R Us, which was responsible for bringing names such as Pokemon, Star Wars, and Warhammer to Asia, New Zealand, and Australia.
All these news and happenings point to strong fundamentals to support a bullish ECOMI price prediction thesis. However, the price is more likely to fall under the pressure of the market at large.
Ecomi Price Prediction: Verdict
After a comprehensive review of market sentiments and technical, we can conclude that the altcoins market is giving a conflicting ECOMI price prediction. However, all predictions are bullish on the long-term future of ECOMI.