Here’s why Mantra price may be on the cusp of reversal
The post Here’s why Mantra price may be on the cusp of reversal appeared on BitcoinEthereumNews.com. OM price may be on the cusp of a reversal after last week’s bullish 20EMA–50SMA crossover — the first since January — with $0.50 now in focus as the next psychological target. Summary OM price surged 52% on July 20, hitting $0.40 before pulling back to ~$0.28. A bullish 20EMA–50SMA crossover remains intact—the first since January. Short-term uptrend confirmed by higher lows throughout July. The fundamental backdrop to OM’s revival is MANTRA’s expanding RWA footprint, driven by partnerships across real estate, agriculture, sports, and compliance infrastructure. OM technical analysis Mantra (OM) price is currently trading around $0.28, having pulled back approximately 30% from its intraday peak of $0.40 reached during a dramatic 52% single-day surge on July 20. Despite the retracement, a key technical signal—the bullish crossover between the 20-day EMA and the 50-day SMA—remains intact. This crossover, which occurred on the day of the surge, is particularly noteworthy as it marks the first such event since late January. OM price continues to trade above both MAs, with the 20-day EMA now acting as dynamic support. The recent pullback saw price briefly wick down to $0.25, but buying pressure quickly absorbed the dip, pushing it back above the EMA. In the short term, OM price is firmly in an uptrend, having been consistently printing higher lows throughout July. As long as the $0.25–$0.26 support zone holds—anchored by the 20EMA and prior resistance now acting as support—the technical outlook remains cautiously bullish, with $0.50 as the next psychological target. Source: TradingView Mantra is expanding its RWA footprint On the fundamental front, Mantra continues to expand its RWA footprint, with over $119 million in tokenized assets tracked on-chain as of June 2025, according to crypto analyst Park Yong. The vast majority—over 98%—comes through a strategic collaboration with tokenization firm Ctrl Alt, focusing…
The post Here’s why Mantra price may be on the cusp of reversal appeared on BitcoinEthereumNews.com.
OM price may be on the cusp of a reversal after last week’s bullish 20EMA–50SMA crossover — the first since January — with $0.50 now in focus as the next psychological target. Summary OM price surged 52% on July 20, hitting $0.40 before pulling back to ~$0.28. A bullish 20EMA–50SMA crossover remains intact—the first since January. Short-term uptrend confirmed by higher lows throughout July. The fundamental backdrop to OM’s revival is MANTRA’s expanding RWA footprint, driven by partnerships across real estate, agriculture, sports, and compliance infrastructure. OM technical analysis Mantra (OM) price is currently trading around $0.28, having pulled back approximately 30% from its intraday peak of $0.40 reached during a dramatic 52% single-day surge on July 20. Despite the retracement, a key technical signal—the bullish crossover between the 20-day EMA and the 50-day SMA—remains intact. This crossover, which occurred on the day of the surge, is particularly noteworthy as it marks the first such event since late January. OM price continues to trade above both MAs, with the 20-day EMA now acting as dynamic support. The recent pullback saw price briefly wick down to $0.25, but buying pressure quickly absorbed the dip, pushing it back above the EMA. In the short term, OM price is firmly in an uptrend, having been consistently printing higher lows throughout July. As long as the $0.25–$0.26 support zone holds—anchored by the 20EMA and prior resistance now acting as support—the technical outlook remains cautiously bullish, with $0.50 as the next psychological target. Source: TradingView Mantra is expanding its RWA footprint On the fundamental front, Mantra continues to expand its RWA footprint, with over $119 million in tokenized assets tracked on-chain as of June 2025, according to crypto analyst Park Yong. The vast majority—over 98%—comes through a strategic collaboration with tokenization firm Ctrl Alt, focusing…
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