Mantra Price Prediction: Is OM Coin Poised to Hit $2?

Growth linked to Zand Bank partnership and USDY integration

• #Mantra price has endured bullish pressure for more than 20 months, initiating a strong upward trend since the start of the year.

• $OM Coin, the native asset of Mantra, surged by 25% in just 7 days, surpassing the significant $1 resistance level, previously a long-standing barrier after its decline in mid-April.

• Despite the notable rally, the price faced resistance at $1.10, resulting in a minor retracement near the newly established critical support level of $1.

• Currently, #Mantra Crypto Price is trading above all key moving averages, indicating a bullish momentum in the near term.

• According to Coin Gabbar analysis, The Mantra price may rise to the 1.2 Fibonacci levels at $1.30, potentially reaching new highs.

• However, in case of negative market sentiments or a broader market downturn, $OM Price could retreat to its strong support zones positioned at $0.90 and $0.85.

KEY LEVELS :

RESISTANCE LEVEL : $1.3000-$1.7000

SUPPORT LEVEL : $0.8800-$0.6500

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