MANTRA Crypto Price Outlook

• Bullish Trends Indicated
• Whales Accumulating OM Tokens

MANTRA’s price has shown remarkable growth of nearly 80% over the last three months. After reaching a high of $9.08, it experienced a slight correction. Analysts anticipate a potential rally in the near future.

Prominent analyst Ali Martinez recently shared on X that whales have been accumulating OM tokens, having purchased over 130 million Mantra ($OM) in just the past 20 days.

Crypto analyst King Crypto also believes that MANTRA could reach its all-time high soon. He noted on X that contrary to expectations of a dip following the token unlocks on March 23rd, the price bounced back from support. Just two days later, the price is inching closer to breaking the $7 resistance. Upon confirming a reversal, he expects prices to return to all-time highs and potentially enter double-digit territory.

According to CMC data, MANTRA is currently trading at $6.7764, having increased by 1% today, although daily trading volume has fallen by 36%, now at $68.29 million, with a market cap of $6.68 billion.

Will MANTRA Hit Its All-Time High Price?

Despite the minor corrections, OM is trading bullishly above key exponential moving averages, indicating positive momentum. The daily chart shows MANTRA trending upward, forming higher highs. However, the RSI is neutral at 51.02, and the MACD also indicates neutrality, suggesting mixed signals.

In summary, MANTRA (OM) shows a bullish outlook as whales continue accumulating tokens, and if momentum remains strong, it may soon approach its all-time high.