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Monero, DigiByte, and OMG Network are similar on the price charts. The bulls have not shown that they still have the strength to ascend.

Motto [XMR]

Monero, OMG Network, DigiByte Price Analysis: January 22

Source: XMR / USDT on TradingView

The Fibonacci retracement levels gave significant levels of support and resistance for the price. At the time of writing, XMR is facing resistance from the 78.6% retracement level at $ 139.5.

The MACD Forms a bullish cross into bearish territory. TheOBV shows that the purchase volume exceeds the sales volume. While a series of higher lows were observed, higher highs were not displayed on the OBV.

OMG Network [OMG]

Monero, OMG Network, DigiByte Price Analysis: January 22Monero, OMG Network, DigiByte Price Analysis: January 22

Source: OMG / USDT on TradingView

The OMG price was moving under the EMA ribbons. Therefore, he might face resistance from around $ 3.6. The RSI was under 50 and has been in recent days, indicating bearish pressure.

OMG is expected to rise above $ 3.6 and stay there. Separately, the RSI should rise above 50, signaling a move to test resistance at $ 4.1. A rejection in the region of $ 3.5 to $ 3.6 would see OMG fall back to the support level of $ 3.1.

Trading volume was below average on OMG’s rebound. Indeed, it should accelerate to signal an upward movement. Because it would mean a conviction of the market. Low trading volumes even as OMG approaches $ 3.6 would likely see sellers stepping in to drive the price down.

DigiByte [DGB]

Monero, OMG Network, DigiByte Price Analysis: January 22Monero, OMG Network, DigiByte Price Analysis: January 22

Source: DGB / USDT on TradingView

DGB has been trading in a range of $ 0.22 to $ 0.32 since the end of December. This will likely continue as DGB rebounded from the lows in the range to test resistance at $ 0.256 over the past two days but was rejected at that resistance.

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