MANTRA (OM) has faced significant market pressure in June 2025. With a current price of $0.3590, OM has dropped by 7.95% in the last 24 hours. This article examines the current asset status and its future forecasts.
Current Price and Technical Indicators
Currently, MANTRA (OM) is priced at $0.3590, reflecting a 7.95% drop over the last 24 hours. Opening at $0.3900, the price reached a low of $0.3519. Technical indicators suggest that OM may be nearing a bottom, especially with the RSI entering extremely oversold levels. The price is hovering just above the lower Bollinger Band, indicating a potential relief bounce. The midline Bollinger Band at $0.4914 acted as dynamic resistance throughout May.
Price Forecast for 2025-2029
The price forecasts for MANTRA (OM) over the next years are as follows:
- **2025**: Minimum price - $0.28, Average - $0.34, Maximum - $0.46. - **2026**: Minimum price - $0.40, Average - $0.53, Maximum - $0.69. - **2027**: Minimum price - $0.55, Average - $0.71, Maximum - $0.95. - **2028**: Minimum price - $0.68, Average - $0.88, Maximum - $1.21. - **2029**: Minimum price - $0.83, Average - $1.12, Maximum - $1.58.
Conclusions and Potential Opportunities
Despite current negative momentum, MANTRA (OM) may be positioning itself for a medium-term bounce. Given the token's involvement in DAO infrastructure and decentralized governance, its long-term potential looks promising. A technical recovery above $0.40 would signal an early trend change. Market watchers may consider OM for long-term investment, especially as interest in DeFi returns.
In conclusion, while MANTRA (OM) currently faces strong market pressures, technical indicators might suggest a future recovery possibility. Key aspects supporting the token's long-term value remain its roles in decentralized systems.