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Mantra (OM) Price Hits a New ATH: Further Rally in the Cards?

TL;DR Mantra (OM) surged over 60% in the past 30 days, hitting an all-time high of $1.50 with analysts predicting a further jump. On-chain metrics suggest continued gains, but the RSI indicates it may be overbought, signaling a possible correction. New Peak for OM Most of the leading cryptocurrencies have experienced severe ups and downs over the past several weeks. Bitcoin (BTC), for instance, fell to $60,000 at the beginning of October and later rebounded to its current...

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Ethereum Price Analysis: ETH Flirts With $2.5K But Bullish Prospects Remain Questionable

Ethereum’s price has been consolidating in a wide range above the $2,000 mark. Yet, things might change soon. Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart On the daily chart, the price has been moving sideways in a $500 range between the $2,700 resistance level and the $2,200 support zone. With the market testing the upper boundary multiple times and failing to break above, $2,200 seems likely to be targeted in the upcoming weeks. On the other hand, the...

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Ripple Price Analysis: Is XRP Headed for a Drop to $0.5?

Ripple’s price has recently experienced a significant decline, just as market participants were becoming optimistic about the beginning of a new bullish run. By Edris Derakhshi (TradingRage) The USDT Paired Chart Against USDT, the XRP price broke above the $0.6 resistance level last week. Unfortunately,, it failed to hold above, and it crashed rapidly below the level and the 200-day moving average, located around the $0.55 mark. The market has also failed to climb above the...

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