Key Notes
OMNI surged 25% in 24 hours following a 770% increase in trading volume.
The token broke out of a long-term descending wedge, signaling trend reversal.
Despite the rally, OMNI struggles to hold above the key $5 support level.
Omni Network OMNI $4.87 24h volatility: 26.5% Market cap: $188.20 M Vol. 24h: $365.94 M shot up 25% in the past 24 hours following a massive 770% increase in trading volume. The token reached an intraday high of $5.35 before retreating to $4.83 at the time of writing.
The sudden jump provides a much-needed relief to investors following recent struggles as OMNI remains 83.9% below its all-time high of $29.93.
OMNI hit rock bottom just a month ago, touching a historic low of $1.37. Since then, the asset has shown strong sign