current price, analysis and future scenarios between bull and bear
The post current price, analysis and future scenarios between bull and bear appeared on BitcoinEthereumNews.com.
The token MANTRA (OM) stands at 0.3987 USD with a slight daily growth of 0.77%, showing signs of activity in the bull and bear market of DeFi and Web3. Current state of the token OM (Mantra) “`html The OM token of MANTRA is currently trading at 0.3987 USD, with a market capitalization of approximately 382.5 million dollars and a 24-hour trading volume of 188.9 million USD, up by 68.61%. This increase in volumes indicates a renewed interest from investors. “` The sentiment of the community appears divided: 59% of users express a bull view, while 41% maintain a bear position. The buyers’ dominance index suggests a slight prevalence of buyers. Main fundamental data: Market Cap / TVL: 30,164.68 (extremely high value, indicative of a low Total Value Locked compared to the capitalization) Circulating supply: 959.24 million OM out of a total of 1.66 billion FDV (Fully Diluted Valuation): 665.68 million USD CoinMarketCap profile score: 66% Trend of the OM token price (Mantra): technical analysis The daily chart shows an initial bear phase followed by a clear trend reversal. The price hit a low near 0.379 USD, then bounced back up to 0.420 USD, before consolidating in the current area. This behavior suggests a strong support zone around 0.38 USD and a visible resistance around 0.42 USD. Key indicators: Increasing volume: possible signal of accumulation Short-term bullish trend: series of rising lows Possible breakout: if the resistance at 0.42 USD is surpassed, it could trigger a rally towards 0.45–0.48 USD Bullish scenario: what could make OM rise In the current context, several elements could support a bull trend: Increase in trading volume: signal of greater institutional or retail interest. Strategic positioning of Mantra in Web3: the project offers governance and staking tools, increasingly sought-after elements. Partnership and future announcements: potential DeFi…
Filed under: News - @ May 6, 2025 4:26 pm