Amid this price increase, market sentiment is leaning towards the positive. Several analysts believe that OM may continue to rise.
Meanwhile, others believe that the price could regain the $1 mark. In a recent post on X, a pseudonymous analyst, Token Sherpa, highlighted the $0.50 mark as the next psychological level for OM.
The analyst added that if the bullish momentum persists beyond $0.50, the next significant target becomes $1 or more, a level that would mark a significant milestone. Additionally, Ualifi Araújo, another analyst, predicted that OM could reclaim its all-time high (ATH).
"I've said it a thousand times and I'll say it a thousand more. I have no doubt that @MANTRA_Chain will surpass its ATH," he stated.
Araújo also pointed out that the recent rise in OM's price occurred in the absence of any major external catalyst. This highlights the strength of the project's organic momentum.
As the rally continues, MANTRA's ability to maintain these gains and keep rising will be crucial in determining whether this surge marks a lasting recovery or another fleeting increase.