MANTRA (OMUSD) Price Forecast: October 4
The OMUSD pair is positive today and offers a good buying opportunity as it experiences a notable surge toward the upper channel. The chart setup is considered a bullish continuation pattern, indicating investors’ optimism and interest in the asset. If a renewed surge in buying occurs, the coin price may trigger up to the overhead resistance mark at the $0.02000 level, thus a clear buy signal and a good buying opportunity for the long investors.
Key Levels:
Resistance Levels: $1.313, $1.314, $1.315
Support Levels: $0.800, $0.700, $0.600
OM (USD) Long-term Trend: Bullish (Daily Chart)
The long-term market value of MANTRA is moving in a bullish direction and offers a good buying opportunity for traders. The coin price is trending close to the upper resistance level above the moving average, indicating a strong uptrend.
The bulls’ pressure on the currency pair at the $1.266 high point in the last trading session has made it possible for the pair to offer a good buying opportunity and remains in an upward trend in its recent high.
Today’s daily candle at the $1.316 high mark above the EMA-50, offers a good buying opportunity and shows that the bulls are buying the OMUSD pair at this level.
Hence, staying above the supply levels indicates a strong possibility for a bullish correction. A strong break-up above the $1.415 resistance point would strengthen the bullish pressure, signaling a resurgence of bullish activity and potentially leading the crypto price toward the upper resistance area.
Further, the MANTRA pair indicates an upward momentum on the daily signal, indicating and offering a good buying opportunity, and this may get to the $1.140 upper resistance trend mark soon in its long-term outlook.
OM (USD) Medium-term Trend: Bullish (4H Chart)
The MANTRA pair is experiencing a noble surge and offers a good buying opportunity at its recent high due to a high inflow from the bulls in its medium-term outlook. 
The increase in the momentum by the bulls at the $1.249 supply value in the previous action has led to the coin’s bullishness in its recent high.
Today’s 4-hourly bullish candle at the $1.307 supply value above the moving average offers a good buying opportunity as the journey up north continues. This breakup may accelerate the bullish momentum and extend the ongoing correction to a higher level.
Hence, an upside breakout above the $1.308 mark with a 4-hourly candle closing will offer buyers a solid foothold to push the OMUSD price higher.
Adding to that, the MANTRA pair is pointing up around the level 83% range of the daily stochastic, implying the bulls may continue to dictate market direction. In light of this, the next price target could be the $1.140 upper high level soon, as it offers a good buying opportunity in its medium-term outlook. Hence, buyers may take a position as desired.
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