Mantra (OM) prices have seen strong growth, recently reaching a new all-time high and up around 20 percent over the previous week. This rally is supported by consolidating technical indicators, demonstrating strong momentum and a clear uptrend.
The combination of the bullish EMAs lining up and positive metrics such as ADX and the Ichimoku Cloud suggests the rally could last, with the potential for fresh highs in the coming days. However, if the uptrend loses momentum, OM could test key support zones to determine the sustainability of recent gains.
OM’s uptrend is getting stronger and stronger
OM’s ADX jumped from nearly 16 to 26.48 in just one day, highlighting a significant increase in trend strength.
An ADX above 25 typically signals a strong trend, and this spike shows that OM is transitioning from a weak or sideways market to a clear and likely sustained movement.
ADX, or Average Directional Index, measures trend strength on a scale from 0 to 100. Values below 20 indicate a weak trend, while values above 25 signal strength.
With OM’s ADX at 26.48, the market is confirming an uptrend, supported by growing momentum and a stronger directional move, suggesting additional gains could be in store. front.
The Ichimoku Cloud indicates an uptrend in OM
The Ichimoku Cloud chart for OM price is forming an uptrend. The price has broken above the cloud (Kumo), which usually signals an uptrend.
Furthermore, the front cloud (Senkou Span A and B) is blue, indicating positive momentum and potential support levels. Sustained cloud pricing further strengthens the case for continued growth.
The Tenkan-sen line (conversion line) is above the Kijun-sen line (baseline), a bullish signal indicating that short-term momentum is stronger than the long-term trend.
The location of the lagging line (Chikou Span) is also above the price, confirming that the recent price action strongly supports the current trend. These factors together emphasize a strengthening bullish sentiment towards OM.
OM Price Prediction: New High Coming?
Mantra’s EMAs are currently showing a strong bullish alignment, with the price trading above all and the short-term EMAs above the long-term EMAs. OM is one of the leading coins in the real asset ecosystem and could benefit greatly if this story continues to develop.
This structure reflects sustained upward momentum, reinforcing the view of a continued uptrend. Recent price action also supports this bullish outlook, as OM price has maintained well above key EMA levels, which often act as dynamic support during uptrends.
Combining insights from ADX metrics and the Ichimoku Cloud, OM’s recent breakout to a new all-time high of $1.85 could signal the start of a prolonged rally . If the bullish momentum continues, challenges to new highs are likely over the next few days as the real assets story regains traction.
However, if the uptrend strays and reverses, OM price could test the first strong support zone around 1.35 USD. If this mark fails to hold, the price could fall further, potentially reaching the key level of $1.25.