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The Cantra price complements 12%. Can I reach $ 10 in Rli Rally?

Cantra The price continued its upward trajectory, rise 12% in the last week to take another place among actual tokens with real funds in terms of market capitalization.

Now praise to a market hat of approximately $ 6.8 billion and rival chain chain (Link), Mantra (OMA) appeared as one of the best token layers 1 tokens in 2025. years.

Looking at the chart, OM is on a powerful sample from the beginning of 2024. years, climbing with almost zero to almost $ 10. Recent rally comes after a short period of consolidation, where the price was held above the key levels of support before the outbreak.

Mantra takes 12% for a week to become the second largest RVA project: Can it still land up to $ 10? - 1
OM Technical analysis. Credit: Cripto.news

With indicators that indicate additional potential upside down, OM is currently traded by about $ 6.90. The upcoming spike of volatility is marked by tightening the Bollinger bands. While the MACD is still in the purchase territory, RSI is at 58.28, showing neutral to-bikovski swing. ADKS reading 36.31 confirms that the trend is strengthening.

Previous local high than 8.17 USD One is an important level of resilience to be careful. Pushing to $ 10, a significant psychological replace could start it interruption Above this level. Support for falling drops are $ 6.76 and $ 5.54, which correspond to the lower parlor band and 20-day average movements.

In addition, the open interest in OM futures has increased, increasing with monthly 319 million dollars to $ 378 million, as shown Koinglass data. This indicates that traders increase their presentation, which often indicates increasing trust in price direction.

Without price action, OM’s bases remain solid. The project has tokenized over $ 500 million of property, including real estate and successful fastened License for Virtual Assets Service Provider from Dubai Regulator in February. Strategic alliances also helped grow, with contracts of $ 1 billion, including a large partnership with a group Group at the beginning of 2025.

Meanwhile, the community is fixed for Mantra Airdrop in the middle of technical challenges. After discovering more than 123,000 false wallets during their Gendropic campaign, 18. Marta, Mantra opened the government of 48 hours vote to decide how to deal with 26.9 million Om marked as suspicious.

To avoid deliberate manipulations on the market, the team confirmed that the awarding of the Gendrop will be published without prior notice and will be unlocked 10%, or 1,987,555.64.

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2025-03-19 09:01:00

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