Omni Network price forecast as OMNI debuts on Upbit

13 hours ago 9
Omni Network price forecast

The Omni Network token (OMNI) has surged into the spotlight following its official debut on South Korea’s leading cryptocurrency exchange, Upbit.

OMNI began trading against the Korean won (KRW) on Upbit on July 29, 2025, marking a significant milestone in its market journey.

옴니네트워크(OMNI) KRW 마켓 거래지원 안내 ✅ 지원 마켓 : KRW 마켓 📅 거래지원 개시 시점: 2025-07-29 18:30 KST 🔗 공지 바로가기: upbit.com/service_center… #Upbit #OMNI @OmniFDN

Image
148
Reply
Copy link

The listing has not only introduced the token to a wider investor base but also triggered an explosive price rally that has turned heads across the crypto landscape.

Omni Network price took off after the Upbit debut

The Upbit listing news sparked immediate excitement among traders, especially in the Korean market, where Upbit holds considerable influence.

As a result, OMNI’s price rocketed from intraday lows of $2.50 to a peak of $7.82, representing a gain of more than 200%.

The surge also pushed daily trading volume above $584 million, a dramatic 455% increase that reflects the intensity of investor interest.

At the time of writing, the token was trading around $4.52 — still up by approximately 79% in the last 24 hours.

Technical indicators support the bullish momentum

Technical indicators suggest that OMNI’s price could continue to rise if it maintains current support levels.

According to technical analysis, the token broke out of a descending parallel channel earlier this month, signaling a potential trend reversal.

The Relative Strength Index (RSI) now hovers above 76, indicating overbought conditions.

Omni Network price analysis | Source: TradingView

However, the Moving Average Convergence Divergence (MACD) indicator remains bullish, reinforcing the strength of the current momentum.

Furthermore, OMNI appears to be in the early stages of an A-B-C corrective wave structure. If this pattern plays out as forecasted, Wave A could push prices near the $10 mark.

A full completion of the structure might take OMNI into the $24 to $29 price range, aligning with key Fibonacci retracement levels.

Analysts at CoinLore have identified $4.36 as a critical support level for OMNI. Holding above this price is essential if the token is to maintain its upward trajectory.

A failure to defend this level could see prices drop to $2.78, a level that previously acted as support during market consolidation.

On the upside, Omni Network (OMNI) faces immediate resistance at $5.98.

A clean break above this level could open the door to further gains, potentially pushing the price toward $6.94 and then $8.19.

These resistance zones are crucial, as breaking them would not only confirm bullish sentiment but also attract more technical buyers into the market.

Although OMNI’s short-term outlook remains bullish, traders should be cautious due to the current overbought signals.

Any correction could see the price test lower support zones. Nevertheless, if momentum holds and bulls defend key levels like $4.50 and $5.98, Omni Network’s path toward $10 and possibly higher remains open.

The post Omni Network price forecast as OMNI debuts on Upbit appeared first on Invezz

Read Entire Article