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The post <a href="https://coinpedia.org/price-analysis/rwa-hype-rises-as-mantra-token-surges-big-om-price-eyes-for-2-in-april/">RWA Hype Rises As Mantra Token Surges Big! OM Price Eyes For $2 In April?</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a> 
The Mantra cryptocurrency continues to display a strong bullish price action as its native token OM price has added approximately 50% within the past seven days. Moreover, it has recorded a surge of 209.35% within the past 30 days and its Year-To-Date (YTD) returns stand at +1,554% in valuation. 
With the crypto industry entering only its fourth month of trading, the Mantra token has recorded a surge of approximately 1,900% in valuation, resulting in the OM price securing the spot of the top gainer in the <a href="https://coinpedia.org/top-10/top-10-rwa-altcoins-for-10x-profit-in-2024/">Real World Assets (RWA)</a> category. 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/INGXu8r_o6Ke7_n0yj3djIN8PNUvhyFR0dFPhOOsN9zjj2cjtNjwMS5im83RXtVrz-it2TQnziRmFpctu91ltkG8fljdMzdEIq61MSzP3NLPoZXu1EIc6erCR10DCc_HKcGbR2V6GpzF0N6fumn20NQ" alt="Mantra Price Analysis">
 <figcaption class="wp-element-caption">
 TradingView: OM/USDT
 </figcaption>
</figure> 
After trading in a narrow space between $0.0152 and $0.0367 for over a year, the bulls regained momentum and successfully broke out of the range, following which the price displayed a constant rise for the next two months. As the volatility in the market grew, the price jumped 178.38% in value. 
Following this, the price traded sideways for the next 30 days. The bulls regained momentum recently and added 179.63% within the next seven days, after which the price displayed a neutral trend for a while. The OM token price has jumped 48.40% and continues to trade positively. 
The MACD displays a significant rise in the histogram, highlighting an increased buying-over-selling pressure in the crypto industry. Furthermore, the averages show a rising pattern in the chart, suggesting the OM price will continue gaining value in the coming time.&nbsp; 
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<h2 class="wp-block-heading" id="h-will-mantra-price-increase">Will Mantra Price Increase?</h2> 
If the market holds the price above the resistance level of $1.0675, the bulls will continue trading under a positive influence and test its upper resistance level of $1.20. Moreover, if the bulls continue to hold power, the OM token will prepare to test its upper limit of $1.40 during the upcoming week. 
Conversely, if a trend reversal occurs, the OM coin price will lose momentum and fall to test its support level of $0.0850. Furthermore, if the bears continue to dominate the market, it will plunge and fall to test its lower support level of $0.0609 this month. 
Also Check Out : <a href="https://coinpedia.org/price-analysis/toncoin-price-prediction-ton-token-poised-to-hit-15-post-bitcoin-halving/">Toncoin Price Prediction: TON Token Poised To Hit $15 Post Bitcoin Halving?</a>

RWA Hype Rises As Mantra Token Surges Big! OM Price Eyes For $2 In April?

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