Latest Omni Network (OMNI) Price Analysis

Deep Dive

1. Rebrand-Driven Exchange Delistings (Bearish Impact)

Overview: Multiple exchanges (KuCoin, Bitvavo, CoinW) suspended OMNI trading between September 22–29 ahead of its rebrand to Nomina. KuCoin closed OMNI deposits/withdrawals on September 29, with spot trading ending October 1. Users must swap OMNI for NOM at a 1:75 ratio.
What this means: Delistings created urgency to sell or convert OMNI, pressuring prices. The 1:75 swap ratio implies a theoretical NOM price of ~$0.048 (vs. OMNI’s $3.59), raising concerns about post-swap valuation. Uncertainty around NOM’s liquidity and demand post-launch likely fueled bearish sentiment.

2. Bearish Technical Setup (Mixed Impact)

Overview: OMNI broke below its 7-day SMA ($3.96) and 30-day SMA ($3.62), with MACD histogram negative (-0.0065) and RSI at 51.6 (neutral). Fibonacci retracement levels suggest $3.35 (78.6%) as next support.
What this means: The breakdown below key moving averages signaled weakening momentum, potentially triggering stop-loss orders. While RSI isn’t oversold, the lack of bullish divergence suggests limited buying interest. A hold above $3.35 could stabilize prices, but a drop may target $2.98 (September low).

Conclusion

OMNI’s decline reflects a perfect storm of exchange-driven sell-offs, rebrand uncertainty, and technical breakdowns. Traders appear cautious about NOM’s viability, while thin liquidity exacerbates swings. Key watch: Can OMNI stabilize above $3.35 ahead of NOM trading going live on October 1? Monitor exchange announcements for NOM’s initial liquidity and price action.

Deep Dive

1. Token Swap & Rebranding (Bullish Impact)

Overview: Multiple exchanges, including KuCoin and Bitvavo, announced plans to delist OMNI spot/futures markets by September 29, 2025, ahead of its 1:75 swap to Nomina (NOM). Holders on these platforms will automatically receive NOM tokens, with KuCoin’s snapshot scheduled for September 29.

What this means: The forced closure of derivatives positions (e.g., $10.6M liquidations in July) and anticipation of NOM’s relaunch likely spurred buying activity. Traders may be accumulating OMNI to maximize NOM allocations, while reduced sell pressure from delisted markets tightened supply.

What to look out for: NOM’s trading debut on October 1 – sustained interest post-swap will determine if this is a transient pump or sustained rally.

2. Technical Rebound (Mixed Impact)

Overview: OMNI is trading at $3.94, above its 30-day SMA ($3.6) but below the 7-day SMA ($4.01). The RSI (58.59) suggests moderate bullish momentum, while the MACD histogram (-0.0018) shows weakening bearish pressure.

What this means: The price is retesting the 38.2% Fibonacci retracement level ($4.03). A close above this could target $4.28 (23.6% Fib), but failure might see a pullback to $3.35 (78.6% Fib).

Key threshold: Watch the $4.04 pivot point – a breakout here could signal renewed bullish conviction.

Conclusion

OMNI’s 24h gain reflects a mix of swap-driven speculation and technical recalibration. While the NOM migration has created short-term urgency, the token’s ability to hold above $3.83 (50% Fib) will test its resilience post-rebrand.

Key watch: Can OMNI sustain volume above $82M/day – a 4x increase from its 30-day average – to validate this move?