2024

MANTRA

Avalanche

Coin

<ul class="news-points"> 
 <li>OM’s price dropped to $0.15 after participants began to book profits.</li> 
 <li>A retest of $0.19 looked possible, but traders should watch out for key support points.</li> 
 <li>Buying momentum had become weak, suggesting that the bullish thesis could be invalidated.</li> 
</ul> 
<a href="https://coinedition.com/mantra-om-price-prediction/">The price of MANTRA (OM) </a>has pulled back despite gaining as much as 136% in the last 30 days, CoinMarketCap <a href="https://coinmarketcap.com/currencies/mantra/" target="_blank" rel="nofollow">revealed</a>. As of this writing, MANTRA’s price was $0.15. But before the recent decrease, the token jumped as high as $0.19. 
The fall to $0.15 represents an 8.18% decrease in the last 24 hours. It is noteworthy to mention that OM’s price action was different from that of most altcoins. As 2024 began, a lot of altcoins, including <a href="https://coinedition.com/solana-memecoin-wen-up-33-flips-shibs-volume-after-massive-airdrop/">Solana (SOL)</a> and <a href="https://coinedition.com/xrp-ada-avax-dot-and-ton-predictions-for-next-week-price-analysis/">Avalanche (AVAX)</a> erased a chunk of the gains they had in 2023. 
<h3 class="wp-block-heading" id="h-buying-has-slowed-down"><a></a>Buying Has Slowed Down</h3> 
OM’s initial attempt at a rally was resisted on January 22. This rejection caused the token to fall to $0.07. The Bulls attempted the move again on January 25, but again, the move was rejected. 
However, OM bounced off the $0.10 support on February 1 and reached a peak of $0.19 three days later. So far, profit-taking has triggered a decline in OM’s price, and as it st…
The post <a href="https://coinedition.com/will-mantra-om-price-keep-falling-after-136-30-day-hike/">Will MANTRA (OM) Price Keep Falling After 136% 30-Day Hike?</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Will MANTRA (OM) Price Keep Falling After 136% 30-Day Hike?

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