Mantra DAO (OM) – Update on April 23, 2025
Current Price: $0.5621
Market Capitalization: $538.17 million USD
24h Trading Volume: $291.46 million USD
Circulating Supply: 957.44 million OM
Maximum Supply: 888.89 million OM
All-Time High: $8.53 (March 1, 2021)
📊 Technical Analysis
RSI (14): 42.67 – Neutral, indicating no clear trend in the market.
MACD (12,26): -0.02 – Slight bearish signal, further monitoring is recommended.
Stochastic (9,6): 55.23 – Neutral, not indicating overbought or oversold conditions.
ADX (14): 25.34 – Weak trend, suggesting the market is in an accumulation phase.
CCI (14): -12.45 – Neutral, no strong momentum signals.
📈 Trend Outlook
OM is currently in an accumulation phase following a significant decline. Technical indicators suggest that the market has yet to form a clear trend, and further observation is needed to determine the next move.
🎯 Recommended Strategy
Short-term: Wait for confirmation signals before initiating new positions.
Long-term: Monitor project updates and overall market conditions to inform long-term investment decisions.