OMUSDT
#OM/USDT Ready to go higher#OM
The price is moving in a descending channel on the 1-hour frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at 4.05
We have a downtrend on the RSI indicator that is about to break, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 4.20
First target 4.36
Second target 4.51
Third target 4.65
OM/USDT: BULL FLAG BREAKOUT! 200% PUMP INCOMING!!🌟 Hey Traders! 👋
If you're ready to capitalize on premium trade setups, hit that 👍 and follow us for more high-value insights that deliver results! 💹🚀
🔍 Technical Overview
🔥 OM is looking exceptionally bullish! It has broken out of a bull flag pattern on the 8-hour time frame and is currently retesting the flag—a prime accumulation zone. This setup hints at explosive upside potential.
Here’s the play:
📈 Entry Zone: $4.00–$4.20
🎯 Target: 150–200% gains
🛡️ Stop-Loss: $3.62
🌐 Fundamental Analysis:
What is OM?
OM is the native token of the MANTRA DAO ecosystem, a decentralized finance (DeFi) platform focused on staking, lending, and governance. It empowers users to actively participate in the project while earning rewards.
Key Growth Drivers
DeFi Adoption: OM is positioned as a key player in the growing DeFi space, with increasing traction.
Utility Expansion: The token is used for governance, staking, and liquidity mining, creating constant demand.
Strong Community Support: Backed by a loyal community, OM continues to innovate and grow its ecosystem.
🚀 The Opportunity
OM is not just a technical setup—it’s a fundamentally sound project with strong growth potential. This is your chance to accumulate before the market catches on.
💬 Your Take?
Do you see the same upside potential? Drop your analysis and strategies in the comments below—let’s collaborate and ride this wave together! 🌊🔥
👉 Follow us for more market-winning trade setups and real-time updates!
OM ANALYSIS🔴 #OM Analysis :
🔮There is a formation of "Bullish Pennant Pattern" in #OM in 4hr time frame. #OM is trading around its all time high level. We may see a little retest before a bullish move
⚡️What to do ?
👀Keep an eye on #OM price action. We can trade according to the chart and make some profits. ⚡️⚡️
#OM #Cryptocurrency #Breakout #DYOR
OM / USDT: constructive actions along support zone The uptrend (both macro and mid-term) looks strong and intact.
The price consolidated along the upper zone of mid-term support: 3.35-2.78, while waiting for 21 ema to come closer (the nature of the upward trend from the lows of 2023 to the April peaks of 2024 respected this moving average very well showing the coin's "character").
While I cannot completely rule out a correction to the ascending 21ema in the coming days, until price holds above the local support mentioned above, my next resistance targets are: 6.8-7.36 with a possible run up to 12.70
Wishing you successful and profitable trading and investing decisions and thank you for your attention!
So, still want to buy XRP?If you were to follow cycles...
No, I wasn’t in this trade.
🔑 Key Observations:
Cycle indicators recently showed a **bottom** on both BTC and USDT pairs, signaling a potential entry point. But remember: when picking a coin to invest in, always analyze its **historical performance against Bitcoin (BTC)** to gauge its strength in future cycles.
📊 Example: OM/BTC
How do we spot a **bullish trend**?
- By analyzing **1-week cycles**:
- Identify the **bottom-to-top range** of a cycle.
- Confirm a bullish trend when the **next cycle bottom** is higher than the previous one.
🔍 Broader Insights:
Since the duration of a bullish trend is unpredictable, we also look at:
- **2-Week Cycles**: Reveal sustained momentum.
- **1-Month Cycles**: Provide a macro perspective for long-term potential.
📌 *Cycle analysis isn’t foolproof, but it sharpens your strategy and aligns your trades with market rhythms.*
#XRP #CryptoCycles #TradingStrategy #BTC
Should I Close My OMUSDT Trade at 3300% Profit?Hello traders! 👋 I need your input on a crucial decision regarding my OMUSDT trade.
I started accumulating OM Token (OMUSDT) from April 2023 to September 2023, strategically buying the dips and bringing my average buy price to 0.021. Fast forward to today, the current price stands at 0.718, representing a remarkable gain of over 3300%! 🚀
To manage risk and secure profits, I began distributing my accumulated holdings in December 2023, selling off 40% of my position. Currently, I hold 30,000 coins at an average buy price of 0.021.
Now, here's where I need your insight: OMUSDT recently hit a new all-time high (ATH) on March 19th, 2024, reaching 0.94953. With the price approaching the previous ATH of 0.88760, I'm contemplating whether to close the remaining portion of my trade or continue holding for further upside potential.
Though being a Long Term Accumulator, i prefer to HODL it , but i think i should close some more major part of it like 60% in total and hold rest of 40%
i have already sold 40% of holding and rest 30000 coins i hold!
Peace Out!
Mantra OM price has reached incredible heights, is it enough?For the year, the CRYPTOCAP:OM coin has added +22700% in value, reaching a capitalization of 3$3,85 billion
Of course, it's up to you to decide whether this is enough or not for the #Mantra project
It is also up to you to decide where you think the price of OKX:OMUSDT has a better chance of going now:
🔼Up to $9.90
🔽Down to $0.88 (at best) or even to $0.28 (in the worst and most unlikely case)
_____________________
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Phemex Analysis #36: OM Surge 325% in 5 Days! What's Next?PHEMEX:OMUSDT.P has taken the cryptocurrency world by storm, soaring over 325% in just five short days. This remarkable surge can be attributed to the successful launch of its mainnet and the strategic partnership with Google Cloud as a validator. These developments have significantly enhanced the project's security, scalability, and overall appeal to investors.
A Bullish Outlook
As the highest market capitalization coin in the Real World Assets category, OM (MANTRA) has demonstrated exceptional strength. If the current bullish momentum persists, fueled by positive market sentiment and increased investor interest, the price could continue its upward trajectory. However, it's crucial to keep an eye on Bitcoin's price movements, as broader market trends can influence the performance of individual cryptocurrencies.
A Potential Pause
Given the rapid ascent, a short-term consolidation or pullback could be on the horizon. As some investors may choose to take profits, the price could retrace to the $3.4 or $3.2 support levels. These levels could present attractive buying opportunities for those seeking to accumulate OM at a discounted price.
A Cautious Approach
While the current outlook for OM is bullish, it's essential to remember that the cryptocurrency market is inherently volatile. A sudden shift in market sentiment or unforeseen events could lead to a sharp decline. If the price breaks below the $3.2 support level, it could potentially drop further to $2.2 or even $1.6.
Conclusion
OM's recent surge highlights the immense potential of blockchain technology and its real-world applications. However, it's crucial to approach the market with a balanced perspective and be prepared for both upside and downside scenarios. By staying informed and making prudent investment decisions, investors can navigate the volatile cryptocurrency market and position themselves for long-term success.
Tips:
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Disclaimer: This is NOT financial or investment advice. Please conduct your own research (DYOR). Phemex is not responsible, directly or indirectly, for any damage or loss incurred or claimed to be caused by or in association with the use of or reliance on any content, goods, or services mentioned in this article.
sklusdtThe market is the result of patience and tolerance.
The market is the result of predetermined numbers and pre-written strategies, but strategies that may challenge human patience.
The currency ahead, whether it likes it or not, is rising by about thirteen cents, without bias in analysis, with a firm belief in analysis. However, will the market fall to the specified area or not? Everything is clear in the picture.
MANTRA | OM & GoogleOM pumped more than 8300% in one year and its one of the best performing hidden gems in 2024 so lets get into it
MANTRA is a blockchain developed using the Cosmos SDK, designed to ensure regulatory compliance for various real-world and tokenized assets. It aims to fill the gap of regulatory-compliant blockchains within the Cosmos ecosystem, appealing to both institutional and retail users who prioritize regulatory security.
The platform offers on chain identity verification, controlled access to products, and integration with fiat systems. By utilizing Tendermint, it achieves high performance and security, enabling the creation of scalable and compliant applications on its blockchain infrastructure.
MANTRA has officially partnered with Google Cloud, making Google the primary validator for its L1 network mainnet plus, MANTRA is collaborating with BCW Group as its implementation partner, a leading Web3 infrastructure provider within the Google Cloud ecosystem.
Last week, the network successfully launched its mainnet. With this launch, MANTRA can now facilitate the on-chain integration of tokenized real-world assets aka RWAs and allow users to stake OM tokens to earn rewards.
Since its introduction a year ago, MANTRA’s OM token has surged over 83X, positioning itself as the largest asset in the RWA market. The RWA tokenization sector has also seen substantial growth this year, with RWA tokens now accounting for around 0.33% of the entire crypto market
as you can see OM following the mega bullish trend and as BTC pump alts will follow them as well. The current circulating supply of MANTRA is 883 Million tokens, and the maximum supply of OM is unlimited. It is traded on 26 markets and 28 exchanges, the most active of which is Binance. OM is the good candidate for Coinbase as well
#OMUSDT Bulls Losing Steam | Can It Slide Downward or Not?Yello, Paradisers! Are you ready for a potential shake-up in #MANTRA’s price action or not? Let's look at the latest analysis of #OMUSDT:
💎#OM is retesting the ascending support level within its rising wedge formation—a pattern known for triggering significant volatility. A downward breakdown at this point would confirm a bearish bias, potentially paving the way for a deeper decline.
💎A significant volume divergence further reinforces this bearish case: although prices have been making higher highs, volume is noticeably declining, suggesting weakening momentum. On top of that, the EMA20 and EMA50 are aligned to support the bearish outlook, effectively doubling the likelihood of a downward move.
💎If the breakdown materializes, our first bearish target would be the weak support zone around $1.09. Hitting this level could signal intensified selling pressure as the market searches for stability. But the bearish scenario doesn’t stop there. If the struggle continues, the next significant target lies at a stronger demand area of around $0.835, where we could see some relief. The final target for this downward move would be major support in the $0.63-$0.708 range, indicating a substantial shift in sentiment.
💎However, there's still a glimmer of hope for the bulls. If #OMUSDT manages to close above $1.64 on the daily chart, it would weaken the bearish outlook, possibly triggering a new rally and reigniting the uptrend.
Smart and disciplined trading will keep you ahead of others in this volatile market.
MyCryptoParadise
iFeel the success🌴
DreamAnalysis | OMUSDT The Most Bullish Chart in Crypto👋 Welcome back to DreamAnalysis! Today, we're analyzing OM (Mantra), a significant player in the DeFi space, and its future potential.
🔍 What is OM (Mantra)? OM is a DeFi (Decentralized Finance) project built on Polkadot that provides tools for asset management, staking, lending, and borrowing. The key features of OM include:
1️⃣ Staking: Users can stake assets and earn rewards. 2️⃣ Lending & Borrowing: Access to liquidity and loans in the DeFi ecosystem. 3️⃣ Governance: OM token holders participate in protocol decision-making.
OM falls under the DeFi protocol category, offering similar services to Aave and Compound, but with a focus on community-driven governance and transparency.
📊 Weekly Timeframe Analysis: Massive Bullish Move
In the weekly timeframe, OM has experienced a sharp 10,000% bullish run, making it one of the most bullish charts in crypto. This is a highly successful project with strong upward momentum.
Though the volume has decreased recently, OM is making another attempt to reach its previous high of 1.4168 while forming a higher low, which signals continued buying pressure.
📌 Buying Strategy: For those looking to buy OM, it’s recommended to do so after breaking the 1.4168 resistance and confirming the weekly candle close above it. Place your stop-loss around 0.8444 to manage risk.
📈 Daily Timeframe Analysis: Strong Uptrend Continues
In the daily timeframe, OM continues to look very bullish even in the current market conditions. This chart shows strong potential for continued upward movement. The current candle is a good entry point for a long position, as it breaks a key resistance with significant buyer volume.
During bearish periods for Bitcoin and the market, coins like OM, which are in an uptrend, tend to experience less downside and will often surge sharply when Bitcoin resumes an upward move.
⏳ 4-Hour Timeframe Analysis: Strong Upward Trendline
In the 4-hour timeframe, OM is moving along a strong upward trendline, and the volume is increasing as the price moves higher, further confirming the bullish nature of this chart.
📈 Long Position:
Our long trigger is clear—open a long position after breaking 1.4474 and ride the upward momentum.
📉 Short Position:
I personally would avoid shorting such a bullish coin, but for those looking to short, a break of the trendline and confirmation below 1.3293 could offer a good short opportunity.
💬 This wraps up today’s analysis. If you found this helpful, feel free to share it with your friends and leave a comment with your thoughts or any other pairs or coins you’d like us to analyze.
📌 These analyses are merely our ideas based on a chart that doesn’t follow strict rules. Technical analysis is an art, and these insights are not financial advice.