MANTRA PRICE ANALYSIS & PREDICTION (February 12) – OM Continues to Defy Odds as it Sustains Bullish, No Signs of Shift
OM continued to show signs of strength despite the past months of bearishness across the space. Most altcoins are back to bottom but the price remained strong as it sustains bullish momentum. As altcoins continued to dip, Mantra native token maintained an uptrend and showed no signs of weakness in the short term. Sentiments are still positive, but the trend may change very soon as the price appears extremely overstretched on the higher timeframe. Today, the price appears weak following a recent rejection at $6.48. This may cause a little pullback before resuming bullish. And if the market repeats the past correctional pattern, OM may subject the trend to a short consolidation phase before rising back. The monthly outlook also appears overbought but there's more room for an increase should the bulls sustain pressure. From the look of things, the […]