OM price may be on the brink of a reversal considering recent positive signals and the brand's new partnerships.
Current OM Price Situation
Currently, OM price is around $0.28, which is down 30% from its peak of $0.40 reached during a dramatic 52% rise on July 20.
Technical Analysis of OM
Despite the retracement, an important technical signal—the bullish crossover between the 20-day EMA and the 50-day SMA—remains valid. This crossover occurred on the day of the peak, marking the first occurrence since late January. OM price continues to trade above both moving averages, with the 20-day EMA acting as dynamic support.
Mantra's Expansion in Asset Tokenization
Mantra is actively expanding its presence in the Real World Assets (RWA) tokenization space, having over $119 million in tokenized assets. The majority of this volume comes through cooperation with Ctrl Alt, focusing on real estate portfolios backed by legal custodianship and regulatory compliance.
The analysis of current trends and Mantra's achievements in asset tokenization highlights the significance of their development and growth in the cryptocurrency market.
