Omni Network (OMNI) Price Prediction 2024-2030: Will OMNI Price Hit $100 Soon?

• The price prediction for OMNI in 2024 is a bullish projection of $66.35.
• In 2027, the price of the cryptocurrency might fall and hit $56.
• 2030 could be the year OMNI hits a triple-digit value, with predictions put at $103.

How much will OMNI be worth in the coming years? This is one question that must have been on the minds of investors willing to buy and hold the token. Well, there is a lot of optimism around the project especially as Coinbase confirmed its listing, and Binance also did the same.

But that is not a guarantee that the price would do well. While it can, it is important to analyze the potential. Here, Coin Edition explains the fundamentals and tokenomics behind Omni Network and the price predictions from 2024 to 2030.

Omni Network (OMNI) Real Time Market Status

What is Omni Network?

Omni Network was created to solve some challenges existing with Ethereum (ETH) rollups. With its interoperability capability, Omni Network addresses the fragmentation problems faced by layer-2 projects on the Ethereum blockchain.

The project does this by providing developers with a platform to launch secure Ethereum applications using EigenLayer Staking. Interestingly, some of the biggest capitalist ventures back the projects. Examples include Coinbase Ventures, Pantera, and Spartan Group. Binance, the world’s largest exchange, also supports Omni.

OMNI Current Market Status

OMNI’s price at press time was $23.69. This value was an incredible 42.95% decrease in the last 24 hours. However, you can blame the network for the decline as it recently just airdropped some tokens to those who staked for rewards. Hence, it was expected to undergo some form of selling pressure.

The 24-hour trading volume of the cryptocurrency was over $559 million as of this writing. Its market cap was $245.86 million. However, OMNI has a maximum supply of 100 million tokens, of which a little over 10% was circulating. You can buy OMNI on Coinbase, Binance, Crypto.com, HTX, and a host of other exchanges.

Omni Network (OMNI) Price Analysis

Before its launch, there was a lot of hype around OMNI, and for many market participants, the project launched at a good price. Besides that, the fact that the market cap was less than $500 million has triggered some sort of confidence that the token would do well in the long run.

But all of these are opinions and hearsay. Here, Coin Edition analyzes the price of OMNI from a short-term perspective. You will also learn about the price predictions from 2024 to 2030. Read on.

Omni Network (OMNI) Price Analysis – Bollinger Bands

On the 15-minute OMNI/USD timeframe, the Bollinger Bands (BB) showed low volatility. This was surprising considering that most new projects come with an extremely volatile nature when they first launch.

However, the BB also indicated that OMNI could be oversold as the lower band hit the token’s current price. As such, mild buying pressure could trigger an upswing that could drive OMNI back above $26 in a few days.

Omni Network (OMNI) Price Analysis – Relative Strength Index (RSI)

As per the Relative Strength Index (RSI), the chart below revealed that the indicator has been in the bearish zone for hours. This was a sign that OMNI’s price might not make a significant northward move as bulls were not in control of the price action.

From a bearish point of view, OMNI might keep trading between $22 and $26 in the meantime. Unless a wave of buying pressure appears, the price action could be unimpressive in the short term.

Omni Network (OMNI) Price Analysis – Moving Average Convergence Divergence

The Moving Average Convergence Divergence (MACD) displayed a different signal from what the RSI and BB showed. As of this writing, the MACD was positive, indicating a rising bullish momentum.

However, OMNI could face a hindrance in validating the bias. This was because of the 12 (blue) and 26 (orange) EMAs which were following the same path. A movement like that suggests that sellers were not giving buyers any breathing space. Therefore, a notable uptrend might not be the case very soon but OMNI’s price might rise in the $25 to $26 direction.

Omni Network (OMNI) Price Prediction 2024

Indications from the 5-minute chart were a bit different from what the 15-minute timeframe showed. At press time, OMNI had formed a descending channel which was proof of the intense selling pressure.

However, the pattern also showed that sellers were getting exhausted a bounce of the lows could be next. This was further reinforced by the Awesome Oscillator (AO) which left the negative region to rise in positive territory.

In the near term, the Fibonacci indicator suggested that OMNI could rise as high as $31.84. But before the end of 2024, the price could be higher. Should the market remain bullish for most of the year, OMNI’s price could be worth $66.35 by the end of 2024.

Omni Network (OMNI) Price Prediction – Resistance and Support Levels

Accoridng to our analysis, bulls seemed determined to push OMNI’s price back higher. This was evident from the support created at $24.16. As of this writing, the efforts have started to yield results but a hurdle above the current price might drive OMNI back.

To the upside, there was a crucial resistance at $26.51. The ability to clear this path could send OMNI toward $30. Failure to neutralize a possible rejection might cause a 15% decline for the token.

However, if the breakout is successful, OMNI might not find it easy to rise past $29.48 as bears had camped at the point to resist any further upswing.

Omni Network (OMNI) Price Prediction 2025

The price of OMNI could be much higher in 2025 than it could be by the end of 2024. One of the reasons for this project is the fundamentals behind the project. For some time, staking and restaking has been a buzzing narrative in the Ethereum ecosystem.

Going forward, the hype around this could even get better, and since Omni Network operates around this part, its token could gain from it. Therefore, OMNI could hit $75 by 2025.

Omni Network (OMNI) Price Prediction 2026

By 2026, OMNI might not slow down its bullish momentum. However, the price of the cryptocurrency might swing sideways at some point. Nonetheless, it is expected that the value of the token could hit $83.50 in 2026.

Omni Network (OMNI) Price Prediction 2027

In 2027, the price of OMNI might not be as great as the performance of 2024 to 2026. This is because some nations might face economic problems by that time. As a result, a lot of liquidity could be removed from the crypto market, and OMNI’s price could be affected. Hence, the 2027 price prediction might be $56.

Omni Network (OMNI) Price Prediction 2028

OMNI could bounce from the bearish phase in 2028. Various forecasts show that this particular year could be bullish for the entire crypto market, and OMNI might not be exempted. Therefore, the price might rally back to $78.

Omni Network (OMNI) Price Prediction 2029

The price of OMNI could continue its rally by 2029. This time, the average increase on a Year-To-Date (YTD) might not be as high as the previous years, leaving the prediction at $85.

Omni Network (OMNI) Price Prediction 2030

By 2030, OMNI’s price could leave the double-digits value, and rise into the triple-digits zone. Thus, the price predictions for 2030 could be $103.

Omni Network (OMNI) Price Prediction 2040

2040 might also be a good year for OMNI. But between the run from 2030 to 2040, the price might undergo some form of correction. But in the end, OMNI might rise to $135.35.

Omni Network (OMNI) Price Prediction 2050

OMNI’s price predictions for 2050 might not send the token to the $200 region. However, a bullish run is expected, which could place its maximum price at $189.45.

Conclusion

Finally, it is necessary to keep in mind that Omni Network being a new project does not mean it would outperform other assets this cycle. Though it has the potential, the possibility also depends on other factors like demand for the token, liquidity, its market cap, and the like. As such, traders might need to watch out for these metrics before investing in the token.

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