Ecomi is one of the top performers among the top 100 cryptocurrencies by market capitalization.
The cryptocurrency has recorded improved performance over the past 24 hours. Total crypto market capitalization now sits above $1.9 trillion, rising by more than $150 billion in recent hours.
Bitcoin, the leading cryptocurrency by market cap, is trading above $42,000 after gaining more than 10% so far. Meanwhile, Ether and other major coins such as Solana, Terra, XRP, Cardano and BNB are all trading in the green.
OMI, the native token of the Ecomi ecosystem, is now one of the top performers among the top 100 cryptocurrencies by market capitalization. OMI has risen more than 18% in the past 24 hours.
The $OMI token is now listed on @BitMartExchange!
Deposits open at 10AM EST, Mar 9 ⭕️
OMI/USDT pair will be tradable at 10AM EST, Mar 11 ✅More info: https://t.co/1TJSMoLuhw
— ECOMI | $OMI ⭕️ (@ecomi_) March 8, 2022
The recent OMI rally can be attributed to the token’s listing on the BitMart exchange a few hours ago. ECOMI focuses on building a leading platform for acquiring, protecting and collecting premium licensed digital collectibles using distributed ledger technology.
Key levels to watch
The OMI/USDT 4-hour chart is one of the most bullish among top-100 market-cap cryptocurrencies. Technical indicators show OMI is currently performing well.
The 14-period relative strength index (RSI) reading of 67 suggests OMI could quickly enter overbought territory if the rally continues.
At the same time, the MACD line sits deep in positive territory as OMI rallied over the last 24 hours.
At the time of writing, OMI is trading at about $0.0045 per token. If the bulls remain in control, OMI could surpass the first major resistance level at $0.004938 before the end of the day.
However, to break past the second major resistance at $0.00535, OMI would likely need continued support from the broader cryptocurrency market.