Mantra (OM) is on the verge of a major breakout, and many are wondering if it will reach a new all-time high! 🚀📈 The cryptocurrency market is on the rise again, and OM is in the spotlight after a week of consolidation.
OM’s bullish rally started on November 14 from $1.44, and it managed to surge to reach its ATH of $4.53, which is a whopping 200% increase! 🎉 However, after that surge, OM dropped to $3.36, but has now stabilized around $3.45.
Currently, OM is testing the upper boundary of the symmetrical triangle pattern and is trading at $3.58. If it manages to break through this resistance level, OM could continue its rally and aim for its previous ATH of $4.53, which is still 26% higher than its current price. 💪📊 The RSI indicator shows healthy momentum, so there is a chance for further upside.
So, all eyes are on OM! If price can break through $3.64, we may see a test of the $4.53 level and maybe even a new ATH! 👀✨ Be sure to monitor this development before making any investment decisions!
$OM
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