MANTRA

<ul><li>Analysts predict MANTRA OM could see further gains, sustaining recent bullish momentum.</li><li>MANTRA OM&#39;s market cap now stands at $853.3 million, ranking it 90th globally.</li><li>Trading volume for MANTRA OM surged by 177%, indicating increased investor activity.</li></ul>MANTRA (OM), an RWA Layer 1 Blockchain, has sparked significant interest within the cryptocurrency sphere following an impressive bullish breakout. According to a <a href="https://x.com/CryptoFaibik/status/1799996231734923506" rel="noopener noreferrer nofollow">detailed</a> technical analysis by crypto analyst Captain Faibik, the cryptocurrency is poised for a 50% surge.Previously confined within a descending triangle pattern, the digital currency has demonstrated a remarkable upward shift, successfully breaching past key resistance levels that had limited its growth.The trading pair OM/USDT, which had seen stagnation under a downward trend line since the beginning of March, began a strong upward movement in late May. This surge culminated in a clear break above the triangle&#39;s upper boundary, suggesting a potential continuation of the bullish trend.Market experts, including Captain Faibik, believe this upward momentum could be sustained under market conditions. The analysis includes a forecasted price target zone, marked in green on the chart, which predicts where OM might stabilize if the bullish trend persists.The presence of a bullish candle marking this breakout indicates strong buying activity, pushing OM&#39;s value beyond the previously established upper limit. This suggests a robust buyer influence in the market, potentially setting the stage for further significant gains in the days ahead.<a href="https://cryptotale.org/mantra-surges-following-bullish-breakout-analysts-eye-50-gain/" rel="noopener noreferrer nofollow">Read more on CryptoTale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

https://cryptotale.org/base-shatters-8-billion-tvl-milestone-overtakes-optimism-report/

CryptoTale

Other articles published on Jun 11, 2024

zkSync (ZK) Advances with Major Updates, What You Need to Know

Analyst Identifies Major Meme Coin Gains

Artificial Superintelligence Alliance Will Launch on July 15

June Memecoin Wave: What to Expect from BEFE

Polygon Unveils Community Grants Program with 1 Billion POL Tokens

BTC Faces Rapid Declines, Investors Struggle

Join our free newsletter for daily crypto updates!