😱🔥Shock rally of Omni Network! Growth of 170%, target $10?🚀
📈 Why is #OMNI rising?
1. Listing of the KRW pair on Upbit
South Korea's largest exchange, Upbit, announced the launch of the OMNI/KRW pair on July 29, 2025. This event significantly increased both volume and retail investor interest:
An increase of up to 170% has been achieved, with prices rising from $2.5 to $7 in one day.
Daily volume increased by 2100% to approximately $904 million; only Upbit contributed $290 million to the trading volume.
This listing provided $OMNI both access to the Korean market and investor confidence.
2. Technical support analysis
A significant breakthrough in technical changes has occurred:
The descending price channel (falling wedge), which has existed since June 2024, has broken upwards since July.
The price is moving above the 50-day and 200-day moving averages, indicating a potential trend reversal in the medium term.
MACD indicates growth, and RSI is above 70, indicating a short-term overbought zone.
After the graphic pattern is completed, short-term targets of $10-$11 and long-term targets of $20-$22 may appear.
3. Short-term technical quotes (RSI and momentum)
RSI >70: Overbought → risk of potential short-term correction.
MACD positive → momentum remains strong.
$4.36 is a critical support level. A drop from this level in February could signal technical weakening.
Bitcoin Insider
On the other hand, if the price holds at $5, it is expected to head towards levels of $5.8–$6.0.
📊 Technical indicators and short-term price movements
Indicator Status / Comment
RSI (14-day) ~80 → overbought, high risk of correction
MACD positive → Strong momentum
50-day and 100-day moving averages are above the price, uptrend continues
Support level $4.36 is critical; downside potential as long as it is held
The falling wedge pattern is broken, direction up; New targets $10+ and long-term $20.
📆 Future price forecasts
CoinStats: If OMNI can stay above $5, the short-term target will be around $5.8–6.0.
CoinCodex: Forecasts a price decline of about 25% to $3.65 next month; the price is expected to trade in the range of $3.35–$4.85 by the end of 2025.
CoinLore: In a more aggressive scenario, OMNI could reach $23–$24 by 2025.
These forecasts cover quite different scenarios, combining technical momentum and fundamental events.
🧭 Summary and Assessment
🚀 Price listing and volume boom on Upbit.
📉 The descending channel has been broken, and technical indicators overall give a strong bullish signal.
⚠️ RSI indicates overbought today; Therefore, a short-term correction is expected.
🎯 If the price can stay above $5 in the short term, targets of $6 and potentially $10 can be aimed for. Long-term levels of $20+ correspond to the technical model.
ℹ️ Risks and additional notes
The OMNI market is small and illiquid. Actions by large players can significantly impact prices in the short term.
CoinCodex
Bitcoin Insider
It is important to monitor fundamental events related to the token (technological achievements, support for multi-chain solutions, partnerships, launch). Omni has a digital structure focused on overcoming Ethereum-based rollups and re-accumulating EtherLayer.
✅ Conclusion
The main factors for the price increase of OMNI are: news of its listing on Upbit, a technically strong breakout, and increased volume and interest.
Positive momentum from a technical perspective, but the overbought signal suggests the possibility of a short-term correction. Short-term levels of $5–6, medium-long term $10+, and in some strategies $20+ could be targets.
#BNBATH #ETHReclaims3800 #BTRPreTGE #OMNIUSDT
