$OM Most likely forecast for May 12, 2025, for Binance:
Price range: $0.55–$0.75.
Average price: ~$0.65.
Justification:
Technical indicators: Oversold (RSI < 20) and proximity to support level ($0.40) indicate a likely rebound. However, the bearish trend (SMA and MACD) limits growth above $0.75 without strong news.
Buyback program: MANTRA's token burning initiatives may support the price, especially on a liquid platform like Binance.
RWA market: If partnerships (e.g., with DAMAC or MAG Group) yield positive news, this could push the price to the upper end of the range ($0.75).
Overall market: The rise of Bitcoin or altcoins (e.g., after the halving) may support OM, but the current bearish sentiment limits potential.
Binance data: Binance forecasts (e.g., +5% by 2030 to $4.80) do not provide precise data for May 2025 but indicate a neutral short-term trend.