NOM Current price: around $0.0069โ$0.0084 USD and recently showing strength with 24h gains (~+17โ20%) on trading platforms.
Market cap is modest (~$20โ25M) with circulating supply ~2.9B NOM.
๐ Technical Signals
Price recently bounced from oversold conditions, and some charts suggest potential short-term consolidation or breakout zones (e.g., 50-day moving average resistance).
Volume increases often accompany moves โ watch for sustained higher volume for trend confirmation.
โ๏ธ Fundamentals & Catalyst
NOM is the rebrand and token swap from OMNI, with a 1:75 swap ratio and ongoing exchange migrations driving short-term interest.
Official trading on more exchanges (like INDODAX) around early February could bring liquidity tailwinds.
๐ Risks & Near-Term Levels
Price is still well below its all-time high (~$0.061), showing that broader sell-offs have impacted NOM more than some majors.
If market sentiment turns risk-off, high-beta altcoins like NOM can see amplified moves on the downside before establishing new support.
๐ Watchlist Levels
Short-term upside target: Around resistance near $0.0090โ$0.0100 if momentum holds.
Downside support: Recent lows near current trading range if selling pressure resumes.
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