Amid the rising wave in the cryptocurrency market, many investors are asking: Why is the MANTRA coin (symbol: OM) not keeping pace with this upward momentum? Could this just be a calm phase before the next breakout?
Current pullback: Is it justified?
The OM coin has seen a significant decline in recent days, with its price dropping to around $0.36 after reaching its highest levels this year above $9.00 in February 2025, a drop of over 95%. Unlike many cryptocurrencies that are achieving double-digit daily gains, OM is suffering from clear selling saturation and a lack of buying momentum recently.
Possible reasons for the decline:
Profit-taking after the strong rise at the beginning of 2025.
A lack of positive news or new partnerships.
Overall pressure from short-term coin holders looking to exit amid volatility.
Technical Indicators: Signs of an approaching breakout?
Despite the sharp decline, some technical indicators suggest that OM may be on the verge of forming a strong price base:
The RSI indicator shows selling saturation below 30, which may pave the way for a price rebound.
The strong support level at $0.33–0.35 has proven to be relatively resilient.
A technical pattern resembling a "descending flag", which often precedes price explosions if it breaks upward.
Will OM be a rare opportunity?
With the current price drop, some analysts believe that OM now represents an attractive investment opportunity for traders and medium-term investors, especially if positive news starts to flow or new partnerships are announced in its ecosystem.
Future Expectations
May 2025: Some analysts expect the price to remain between $0.34 and $0.36 with a limited chance of a rebound.
End of 2025: If the markets recover and OM regains its momentum, it could rise to levels between $0.6 and $0.9.
Long-term (2030): Optimistic estimates suggest the possibility of reaching $1.00 or more if network uses expand and demand increases.
Summary
While many cryptocurrencies are currently rising, OM remains in a state of "calm before the storm" for some observers. If this is a consolidation phase, its next breakout could be stronger than the market expects.
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