MANTRA (OMUSD) Price Forecast: February 13
OMUSD‘s price is currently running a bullish race and remains stable at the moment. The price might touch the $0.3500 resistance level as the crypto is facing high pressure from the bulls. Thus, a sharp breakout and closure above the previous high of $0.3489 value will invalidate any bearish thesis and the price might hit the high at the $0.3500 resistance level and beyond, resulting in sustainable growth and the best crypto signals for the coin holders.
Key Levels:
Resistance Levels: $0.3200, $0.3300, $0.3400
Support Levels: $0.0180, $0.0170, $0.0160
OM (USD) Long-term Trend: Bullish (Daily Chart)
The MANTRA pair is moving in a bullish direction on the higher time frame. The price might touch the $0.3500 resistance level soon as it faces high pressure from the bulls at the moment.
The Bulls are trying not to fall this time around. Further, the coin prices are traded above the EMA-50, this confirms a bullish trend.
The coin price found resistance at the $0.3486 value above the moving averages after a series of dip lows in the previous action; this has made it possible for the coin to remain in a bullish trend zone in its recent high.
After completing the dip lows at the $0.2557 low value during yesterday’s session, the bulls made an increase to the $0. 3353 supply value above the EMA-50 shortly after the daily chart opens today.
This indicates that the buy investors are dealing in the coin investment. Therefore, if the bulls could increase their tension in the market, the price action might touch the $0.3486 supply value which will enable the bulls’ recovery to foster a higher price resulting in an intraday gain for buyers.
Additionally, the OMUSD price is also pointing upwards on the daily stochastic, this suggests that the coin price may likely continue in an upward direction and this might touch the $0.3500 supply trend line soon in its higher time frame.
OM (USD) Medium-term Trend: Bullish (4H Chart)
Upward pressure still dominates the OMUSD pair in the medium time frame. The coin price which is above the supply level might touch the key levels at the overhead resistance soon. Buyers are confident about gaining higher levels and this confirms their high impact in the market at the present. 
The bulls’ pressure to the $0.3278 supply level in the previous session has made it easier for the coin to remain in an uptrend in its recent price level.
The price drop to the $0.2918 support value above the EMA-50 as the 4-hour chart opens today has not stale the bull run as it remains in an uptrend.
Thus, if the buyers eventually wrestle trend control from sellers and rebound from $0.3278 support, a breakout and touch at the $0.3486 resistance trend line is needed to confirm the potential Bull Run.
In addition, more upsides are still coming as shown by the stochastic oscillator pointing upwards to indicate an uptrend. With the look of things, the bullish rally might touch the $0.3500 high value in no long time in the medium-term time frame.
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