Precio de MANTRAOM

$OM - Mcap 6.2B$ - 76% / 35.1K votes Bullish SC02 M1 pending Long order, entry lies within LVN + satisfies the positive simplification condition with a previously profitable Long order, expected stop-loss around 0.40%. The uptrend is in its 69th cycle, with an increase range of 1.82%.

The altcoin market that has been overshadowed by Bitcoin dominance of late, might just be setting up for a significant move, often termed an “altseason.” Technical patterns, analyst sentiment, and on-chain behavior are all aligning well to an impending altseason. Analyst CryptoELITES suggested the market may be bottoming out, forecasting “something big” soon. The analyst advised crypto traders to hold positions through April and May, predicting Bitcoin’s (BTC) dominance would “crash substantially soon.” Related: OM, MOVE, WAL: Top 3 Trending Coins This Week – Price Analysis The crypto total market cap excluding Bitcoin (Total 2) provides technical context. Currently around $986.74 billion, Total 2 rebounded from a local low near $906 billion – a key 0.786 Fibonacci retracement level – and now consolidates below the $1 trillion mark. The Relative Strength Index (RSI) is neutral (around 49.34), indicating room for movement in either direction This consolidation follows a sharp 42% drop from the altcoin market’s all-time high ($1.89 trillion) reached in early December 2024, a surge largely fueled by speculation around potential Trump administration crypto policies that failed to sustain momentum post-election. However, analyst Daan Crypto Trades noted that a broad altcoin breakout likely requires the ETH/BTC trading pair to gain traction first. Because many altcoins are built on Ethereum or use ETH liquidity pools, a stronger Ethereum often lifts the wider altcoin market. Related: ‘When Is the Next Altseason?’: Altseason Timing: Index, BTC Dominance & Analyst’ Take Adding potential weight to the bullish case, on-chain data reportedly shows whales have been quietly accumulating Ethereum, with hundreds of millions of dollars flowing into ETH, often “under the radar.” This accumulation could signal anticipation of a market shift by large players. While the stage might be setting, confirmation likely awaits a decisive move in Total 2 and ETH/BTC. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

🚨 OM (Mantra) Market Analysis 🚨 Let's dive into OM (Mantra), currently priced at $6.39. This coin has been one of the unsung heroes of the crypto space, surviving some tough years since its launch in December 2020. It started with high prices, faced a significant drop, but has managed to recover over time. However, its journey has been a rollercoaster with some major highs and lows. 💡 Key Insights: OM has unlimited supply, which makes it risky for long-term investments. The coin has proven to be a trading asset, not a long-term investment right now. The current support level is at $6, with the resistance level at $7. Over the past 28 days, OM has been ranging between $6 to $7, providing opportunities for traders. 📈 Trading Strategy: If you're interested in trading OM, monitor the $6 support level. As long as OM stays above $6, expect it to move towards $7. Avoid falling for fake outs! If the price closes two daily candles below $6, the trend is likely to reverse. Similarly, if OM breaks above $7, wait for two daily candles above this level before considering it as a breakout. 🔒 Conclusion: Trading OM can be profitable if you stick to the price range ($6 to $7) and avoid investing for the long-term. Investing in OM right now is not advisable, as the days of big returns (2X or 3X) are likely over. 💬 Have questions or want more details on a specific point? Drop a comment below, and I'll be happy to explain further! $OM

1️⃣ MANTRA $OM – Bullish Despite the Drop 📊 🔹 Price: $6.32 (-1% past 24H) 🔹 Key Indicator: Balance of Power (BoP) at 0.17 ➡️ Strong buying pressure 💪 🔹 Potential Move: If bullish momentum holds, OM could target $9.17.

XRM, BTC and OM stand out with positive cumulative volume deltas hinting at net buying in the past 24 hours.