Mantra Price Prediction: Is OM Coin Poised to Hit $2 ?

#EarnFreeCrypto2024 #TopCoinsJune2024 #altcoins #BlackRock #BTC Mantra price has endured bullish pressure for more than 20 months, initiating a strong upward trend since the start of the year.$OM Coin, the native asset of Mantra, surged by 25% in just 7 days, surpassing the significant $1 resistance level, previously a long-standing barrier after its decline in mid-April.

Despite the notable rally, the price faced resistance at $1.10, resulting in a minor retracement near the newly established critical support level of $1.

Currently, #Mantra Crypto Price is trading above all key moving averages, indicating a bullish momentum in the near term.

According to Coin Gabbar analysis, The Mantra price may rise to the 1.2 Fibonacci levels at $1.30, potentially reaching new highs.However, in case of negative market sentiments or a broader market downturn, $OM Price could retreat to its strong support zones positioned at $0.90 and $0.85.

KEY LEVELS :

RESISTANCE LEVEL : $1.3000-$1.7000

SUPPORT LEVEL : $0.8800-$0.6500

Disclaimer: Coingabbar's guidance and chart analysis on cryptocurrencies, NFTs, or any other decentralized investments is for informational purposes only. None of it is financial advice. Users are strongly advised to conduct their research, exercise judgment, and be aware of the inherent risks associated with any financial instruments. Coingabbar is not liable for any financial losses. Cryptocurrency and NFT markets could be highly volatile; users should consult financial professionals and assess their risk tolerance before investing.