Crypto price predictions: Mantra, DeXe, Toncoin, IOTA

cryptonews.net 23/02/2025 - 05:05 AM

Crypto Prices Rebound

Crypto prices rebounded during the weekend, with the total market of all coins soaring to over $3.20 trillion and the fear and greed index moving to the neutral level. This rebound was driven by speculation among crypto investors, who believe that these coins will do well this year. This article explores some of the top coins, including Mantra (OM), DeXe (DEXE), Toncoin (TON), and IOTA (IOTA).

Mantra (OM) Price Forecast

OM chart by TradingView

Mantra price has done well in the past 12 months, moving from being a fairly small coin into a $7 billion juggernaut. Its price surged from $0.09 in 2023 to over $9 for the first time.

The weekly chart shows that the OM price has soared over the past five consecutive months, surpassing other popular coins like Bitcoin and Ethereum. This momentum stems from its high staking yield, regular airdrops to holders, and its involvement in the fast-growing Real World Asset (RWA) tokenization industry.

Mantra price remains above all moving averages, with oscillators like the Relative Strength Index (RSI) indicating overbought conditions. Signs suggest it is in the markup phase of the Wyckoff Theory, characterized by high demand. There is a likelihood that the Mantra price will continue to rise, targeting $10 before a potential downtrend.

Toncoin Price Analysis

TON chart by TradingView

Toncoin, the crypto project by Telegram, has faced setbacks since Pavel Durov’s legal issues in France last year. The TON price has dropped, and the total value locked (TVL) in its DeFi ecosystem has declined as well.

The weekly chart indicates that the TON price has retreated after peaking at $8.24 in June last year, now sitting below $4 and crashing beneath the 50-week and 100-week moving averages. The MACD and RSI trends point downwards, signaling lost momentum. Consequently, the TON price is expected to fall further, targeting a support level at $2.9154.

DeXe Price Forecast

DeXe chart by TradingView

DeXe Protocol is a Web3 governance protocol renowned for its substantial staking yields. The DEXE price has surged from $1.87 in October last year to $20 in 2025.

Recently, the DeXe token price moved past the key resistance at $18.18, marking an essential price point from a bullish cup and handle pattern. Currently, it is in the handle phase characterized by consolidation.

The DeXe price remains above the 50-week moving average, with the RSI and MACD trending upward. Therefore, it is likely to see a significant increase in the long term, with the next target being $27.20.

IOTA Price Analysis

IOTA chart by TradingView

The daily chart reveals that the IOTA price peaked at $0.6362 in December last year but has since fallen to $0.2280. The 100-day and 50-day exponential moving averages might form a bearish crossover, widely recognized as a mini death cross.

However, signs of a bullish divergence are emerging, with RSI and MACD pointing upwards. Additionally, a falling wedge pattern has formed, suggesting a bullish reversal may be imminent. The IOTA price could experience strong bullish momentum, with a reference level at $0.35.

The post Crypto Price Predictions: Mantra, DeXe, Toncoin, IOTA appeared first on Invezz.




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    Greed and Fear Index

    Note: The data is for reference only.

    index illustration

    Greed

    63