Mantra (OM) surged nearly 15% in the past week, outperforming major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) amid a market correction. 🚀

OM – the second largest real world asset (RWA) in terms of total market capitalization – was one of the best performing cryptos this week. The price is up nearly 15%, outperforming BTC, ETH,

According to analysts, OM could make additional profits in the near future. Some claim the token's value could surge to a new record high of $1.20 if it manages to break the key resistance level of $1.05. The $0.55-$0.60 range is described as the “support zone”.

Strong RSI and MACD indicators suggest OM's upward momentum is still continuing. The RSI is currently around 60, while the MACD is in the “buy” area according to TradingView data.

However, not all cryptos are in the green zone like OM. BTC briefly fell below $54,000 on July 5, while ETH dipped below $2,900. Both have bounced off their local lows and are currently valued at around $55,600 and $3,100.

Ripple's XRP did even worse, falling to a one-year low of $0.39. In the next few days, it erased some of the losses, with the value rising above $0.43.

What do you think? Will OM continue to soar? Share your opinion in the comments column! 💬