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OMUSDT

TradeCityPro | OM: Upward Momentum and Airdrop Anticipation👋 Welcome to TradeCityPro! In this analysis, I will examine the OM coin, which is associated with the MANTRA network. This coin is about to start its airdrop rounds in a few days. 📅 Daily Timeframe: High Upward Momentum and Readiness for the Next Leg In the daily timeframe, we are observing a very strong and powerful upward trend. Over the past year, this coin has grown more than 5000% and has garnered significant attention from the crypto community and enthusiasts. 🔍 Currently, a curved upward trend line has emerged in the latest cycle, starting after the price bottomed out at $0.6352 and corrected to $1.6071 before starting a new upward move reaching $4.2374. ✨ The price has touched this upward trend line several times and now, having reached the resistance at $4.2374, has formed a ranging box between this resistance and $3.4144, potentially undergoing reaccumulation. Breaking above $4.2374 could significantly impact the further price increase of this coin. 🚀 If the ceiling breaks, the next price targets based on Fibonacci would be around $10 and $20, technically feasible as the price has not corrected significantly and has maintained market momentum. However, reaching a $20 target would require OM to enter the top 10 market cap, surpassing cryptocurrencies like AVAX, SUI, and TON, which is a challenging task. 🧩 The RSI oscillator is ranging between 40.35 to 59.93, and breaking either of these areas will significantly impact the market trend. A break below 40.35 could increase the likelihood of a correction down to the $2 area, around the 0.5 and 0.618 Fibonacci levels. Breaking above 59.93 would increase the likelihood of surpassing $4.2374. ⏳ 4-Hour Timeframe: Futures Triggers In this timeframe, we see a long-term 47-day box, which is very clean and has well-defined ceilings and floors between $3.4144 and $4.3140. Breaking either of these areas would provide a good position. 📉 For a short position, breaking $3.1440 is suitable with the next supports at $2.5442 and $2.2264, near the 0.5 and 0.618 Fibonacci levels of the daily timeframe. 📈 For a long position, breaking $4.3140 is the only long trigger for now, and no target can be set for this movement until a new structure is formed. 🔑 The market volume is nearing its lowest point, increasing the likelihood of breaking one of these areas each day. 📝 Final Thoughts This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
by tradecitypro
10
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!
Long
by CoreCrypto1
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!
Long
by artemfedorov
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
Long
by TheStrategyMaster
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!
Long
by shyamnair
6
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) _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
7
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: Elevate Your Trading Game with Phemex. Experience unparalleled flexibility with features like multiple watchlists, basket orders, and real-time adjustments to strategy orders. Our USDT-based scaled orders give you precise control over your risk, while iceberg orders provide stealthy execution. 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.
by Phemex
1
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
Long
by moonypto
#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🌴
Short
by MyCryptoParadise_Simon
2