- OM price formed a big bullish candle and raced toward the $10 mark.
- MANTRA crypto price is in an uptrend and gained positive momentum.
MANTRA’s price is in bullish momentum and surged by 14% in the last 24 hours. The recent surge is surprising but it is supported by a high buying volume so the probability of hitting the $10 mark is high.
The chart pattern of MANTRA crypto has turned highly bullish and shows that the rally has just started. However, the price has gone far away from the 50-day EMA level. So, it would be better if the price were to consolidate for a mild period.
The 50-day and 200-day EMA both are heading upward and the price sustained above it demonstrates an uptrend. The bulls’ dominance is clearly visible on the chart so if the price retraces downward, then investors will not miss the second opportunity for accumulation.
According to CoinMarketCap data, at the time of writing MANTRA crypto price is trading at $8.6588 with an intraday surge of 14% indicating bullishness. The daily trading volume has surged by 130% suggesting buying momentum and the volume-to-market ratio is 6.57%. Moreover, the market cap is $8.45 billion and the 24-hour trading volume is $556.56 million.
Source: Tradingview
As per the Trading view data, OM crypto price has been in bullish momentum for the last few months giving remarkable returns to its investors. Year-to-date OM price surged by approximately 127.43% and over three months it grew by 139.21%. Last month it increased by almost 137.89% and last week it surged by 14.88%.
Furthermore, OM price has turned bullish on the multiple time frame. The bulls look more aggressive as compared to sellers so more scope for upside is open. Besides that, the RSI and MACD indicators are also in the positive zone increasing the chance of attaining the $10 mark in the upcoming days.
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