Mantra (OM) Price Prediction: Cup & Saucer Pattern Signals Major Gains!

Famous analyst Crypto Winkle highlighted Mantra's (OM) price momentum on X (formerly Twitter), underscoring a potential move towards higher targets if

Crypto Winkle, a renowned technical analyst, recently highlighted a potential price trend for Mantra (OM) on X (formerly Twitter), suggesting a potential breakout if specific price levels are broken.

With Google Cloud now supporting Mantra (OM) as a validator, and the planned launch of a Real World Asset (RWA) accelerator program in early 2025, the MANTRA ecosystem seems set for growth. Here’s the latest on $OM’s technical signals and broader developments.

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Mantra (OM) Chart Analysis: Cup & Saucer Pattern Shows Strong Bullish Trend

The chart shows a “Cup & Saucer” pattern, which is typically considered a strong bullish indicator. This pattern forms when the price creates a rounded bottom, which is the “cup,” followed by a smaller, gradual dip, forming the “saucer.”

Now, this formation suggests that OM’s price may be set for a continued upward trend, especially after the recent breakout above $1.20.

The breakout level now serves as a support zone, aligning with Crypto Winkle’s analysis. The tweet suggests that if $OM can clear the $1.50 resistance level, it could open up the path toward higher targets. This technical setup indicates a potential for price growth in the near term, driven by sustained buying interest.

Key Support and Resistance Levels to Watch

As OM trades around $1.43, certain price levels are critical for maintaining the upward momentum. A support zone is currently forming near $1.20, acting as a buying floor, while the next significant resistance level is at $1.50.

If Mantra (OM) clears this hurdle, the chart outlines a possible trajectory of a gradual climb toward the upper price range indicated by Crypto Winkle.

The price movement is expected to include short consolidation periods, suggesting a steady, healthy rally rather than a sudden spike. This pattern is usually associated with long-term gains and less drastic growth.

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The MANTRA Ecosystem’s Growth Initiatives

The recent growth initiatives in the MANTRA ecosystem are boosting positivity around OM’s price action. The tweet highlights Google Cloud’s new role as a validator for the MANTRA Chain, which is a key partnership that can drive adoption and credibility.

Moreover, the launch of the RWA accelerator program in early 2025 aims to integrate real-world assets into the ecosystem, expanding OM’s use cases.

These developments, along with the ecosystem’s active mainnet, show MANTRA’s dedication to platform growth and increasing OM’s value. This expansion is expected to attract more investors as the utility and function of OM strengthen.

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