Latest Omni Network (OMNI) Price Analysis

By CMC AI
24 August 2025 03:42AM (UTC+0)

Why is OMNI’s price down today? (24/08/2025)

TLDR Omni Network (OMNI) fell 1.88% in the past 24h, underperforming the broader crypto market (+0.21%). Three key factors drive this dip:

  1. Profit-taking after 61% monthly rally – Recent gains trigger short-term sell pressure.
  2. Rebranding uncertainty – Token migration plans spark cautious sentiment.
  3. Bearish technicals – MACD divergence and weak RSI signal cooling momentum.

Deep Dive

1. Profit-Taking After 61% Monthly Rally (Bearish Impact)

Overview: OMNI surged 61% over 30 days, peaking near $5.78 after its Upbit listing and rebranding news. The 24h dip aligns with typical profit-taking after parabolic moves.

What this means: Short-term holders are locking in gains, amplified by OMNI’s relatively low liquidity (turnover ratio 0.184). The 24h trading volume dropped 76% to $23.8M, signaling fading buying pressure.

Overview: Omni Network announced a rebrand on August 13, including a token migration via a new app. While aimed at improving UX, the lack of migration details has caused hesitation.

What this means: Token migrations historically create volatility—holders may sell pre-migration due to perceived risks or technical complexity. However, the rebrand could strengthen fundamentals long-term by attracting developers and users.

What to watch: Clarity on migration timelines (expected via official channels) and staking incentives to retain holders.

3. Technical Weakness (Bearish Near-Term)

Overview: Key indicators show bearish signals:
- MACD histogram at -0.117 (bearish momentum)
- RSI-7 at 45.97 (neutral but declining)
- Price below pivot point ($3.89) and 7-day SMA ($3.82)

What this means: Traders are reacting to the breakdown below $3.89 support. A retest of the 78.6% Fibonacci level ($3.35) is possible if bearish pressure persists.

Conclusion

OMNI’s dip reflects a natural cooldown after overheated gains, compounded by migration uncertainties and technical exhaustion. While the project’s Ethereum interoperability narrative remains intact, short-term traders appear focused on managing risk.

Key watch: Can OMNI hold the 50-day SMA ($3.81) to avoid a deeper correction toward $3.35?

Why is OMNI’s price up today? (23/08/2025)

TLDR
Omni Network (OMNI) rose 3.71% over the last 24h, extending its 59.46% monthly gain. Here are the main factors:

  1. Rebranding Momentum – New brand identity sparked renewed confidence.
  2. Technical Recovery – Key support levels held despite recent pullbacks.
  3. Narrative Alignment – Ethereum’s modular ecosystem growth boosted sentiment.

Deep Dive

1. Rebranding Momentum (Bullish Impact)

Overview: Omni Network announced a comprehensive rebrand on 13 August 2025, including a new logo, visual identity, and user-focused product roadmap. Developed with branding agency Motto, the overhaul aims to position Omni as a global DeFi platform for mainstream adoption.

What this means: Rebrands often signal strategic pivots to attract broader audiences. The 50% monthly price gain aligns with the project’s refreshed vision, which emphasizes accessibility and long-term scalability. The planned token migration (via an in-development app) has also created speculative interest, though no immediate action is required from holders.

What to look out for: Clarity on token migration timelines and user adoption metrics post-rebrand.


2. Technical Recovery (Mixed Impact)

Overview: OMNI’s price ($3.91) trades above critical Fibonacci support at $3.31 (78.6% retracement) and the 50-day SMA ($3.13). The RSI-14 at 51.59 suggests neutral momentum, while the MACD histogram (-0.133) signals short-term bearish pressure.

What this means: The 24h rebound reflects consolidation after a 3.67% weekly decline. Bulls defended the $3.31 support, but upside is capped by overhead resistance near $4.13 (61.8% Fib). High 24h volume ($109.6M, +192.89%) indicates active trading but no decisive breakout yet.

What to look out for: A sustained close above $4.13 could target $4.70 (50% Fib), while a drop below $3.31 risks a retest of $3.02 (200-day SMA).


3. Ethereum Rollup Narrative (Bullish Impact)

Overview: OMNI’s role in unifying Ethereum rollups aligns with the ecosystem’s push for modular scaling. Recent integrations (e.g., Coinbase Wallet) and partnerships (EigenLayer, Berachain) have reinforced its utility as a cross-rollup communication layer.

What this means: As Ethereum’s L2 activity grows, demand for interoperability solutions like Omni increases. The project’s dual staking model (OMNI + restaked ETH) and $1B+ in secured ETH add credibility, attracting developers and institutional interest.


Conclusion

OMNI’s 24h gain reflects a mix of rebrand-driven optimism, technical resilience, and Ethereum’s expanding rollup landscape. While short-term volatility may persist due to profit-taking near $4.13, the project’s infrastructure role in a modular Ethereum ecosystem offers long-term upside.

Key watch: Can OMNI sustain trading volume above $100M to challenge the $4.13 resistance?

CMC AI can make mistakes. Not financial advice.
OMNI
Omni NetworkOMNI
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$3.8

1.42% (1d)