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    MANTRA (OM) Consolidates at $0.21 as Institutional Momentum Battles Technical Headwinds

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    Ted Hisokawa
    Sep 08, 2025 11:02

    OM price holds steady at $0.21 (+3.12% today) as recent 27.9% institutional surge faces resistance at key technical levels amid mixed signals.





    Quick Take

    • OM currently trading at $0.21 (+3.12% in 24h)
    • MANTRA’s RSI at 44.28 signals neutral momentum with potential downside
    • Institutional adoption driving 27.9% weekly surge despite technical resistance

    What’s Driving MANTRA Price Today?

    MANTRA has been caught in a fascinating tug-of-war between institutional enthusiasm and technical resistance over the past week. The most significant catalyst came from explosive institutional interest in real-world asset tokenization, which propelled OM price by an impressive 27.9% as major firms began exploring partnerships with the platform.

    However, this institutional momentum has run into a technical wall. Despite emerging as one of the top crypto performers on September 3rd with an 8% daily surge that challenged the $1.00 mark, OM price has since retreated to test critical support at the $0.20 level. The pullback reflects classic profit-taking behavior after such dramatic gains, with bearish MACD signals now challenging the recent bullish momentum.

    The consolidation at current levels suggests the market is digesting these institutional developments while awaiting the next catalyst. Trading volume on Binance spot of $5.2 million indicates sustained interest, though considerably lower than peak activity during the initial surge.

    OM Technical Analysis: Mixed Signals Emerge

    MANTRA technical analysis reveals a complex picture with competing bullish and bearish indicators. The most telling signal comes from OM RSI at 44.28, positioning the token in neutral territory but with a slight bearish bias that suggests potential for further downside before any meaningful recovery.

    The moving average structure tells a concerning story for bulls. While MANTRA’s price sits near the 7-day SMA at $0.21, it remains well below the 20-day SMA at $0.22 and significantly under the 50-day SMA at $0.25. Most notably, the 200-day SMA at $1.96 highlights just how far OM price has fallen from longer-term averages.

    However, MANTRA’s MACD histogram shows a glimmer of hope with a positive 0.0004 reading, indicating emerging bullish momentum despite the overall negative MACD line at -0.0117. This divergence suggests the selling pressure may be weakening, though confirmation is needed.

    The Bollinger Bands provide additional context, with OM price positioned at 0.3982 between the bands, closer to the lower band at $0.19 than the upper resistance at $0.25. This positioning typically suggests oversold conditions that could lead to a bounce.

    MANTRA Price Levels: Key Support and Resistance

    Based on Binance spot market data, MANTRA support levels are critically important at current price action. The immediate support at $0.19 aligns perfectly with the Bollinger Band lower boundary and represents the recent weekly low. A break below this level could trigger a test of the stronger support zone, also at $0.19, making this a crucial double-support scenario.

    On the upside, OM resistance faces multiple obstacles. The immediate resistance at $0.25 coincides with both the 50-day SMA and the Bollinger Band upper boundary, creating a formidable barrier. Beyond that, MANTRA’s stronger resistance at $0.37 represents a significant hurdle that would require substantial volume and momentum to overcome.

    The current pivot point at $0.21 serves as the battleground between bulls and bears. Holding above this level with volume could signal accumulation, while a decisive break below would likely accelerate selling toward the $0.19 support zone.

    Should You Buy OM Now? Risk-Reward Analysis

    For aggressive traders, the current OM price setup offers compelling risk-reward dynamics. Entry at $0.21 with a stop-loss just below the $0.19 support provides a tight 9.5% downside risk while targeting the $0.25 resistance offers 19% upside potential – a favorable 2:1 ratio.

    Conservative investors should wait for clearer signals. The institutional adoption narrative remains intact, but OM RSI and moving average structure suggest potential for lower prices. A break above $0.25 with volume would provide stronger conviction for longer-term positions.

    Swing traders might consider dollar-cost averaging between current levels and the $0.19 support, capitalizing on the institutional momentum while managing downside risk. The 27.9% weekly surge demonstrates MANTRA’s explosive potential when catalysts align.

    Risk management remains paramount given the ATR of $0.02, indicating OM price can move significantly in short timeframes. Position sizing should account for this volatility, especially considering the token’s distance from the 52-week high of $8.50.

    Conclusion

    MANTRA finds itself at a critical juncture where institutional adoption meets technical resistance. While the 27.9% surge highlights the platform’s growing relevance in real-world asset tokenization, OM price must navigate key support at $0.19 and resistance at $0.25 in the coming sessions. Traders should monitor volume closely as MANTRA attempts to establish a new equilibrium following its institutional breakthrough, with the next 24-48 hours likely determining whether the recent gains hold or further consolidation ensues.

    Image source: Shutterstock


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    Bitcoin long-term holders offload 241,000 BTC: Is sub-$100K BTC next?

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    Key takeaways:

    • Long-term Bitcoin holders sold 241,000 BTC over the past 30 days.

    • BTC price bear flag targets $95,500. 

    Bitcoin (BTC) long-term holders have sold more than 241,000 BTC over the past month. Continued selling could send the price toward $95,000 or lower, according to analysts.

    Bitcoin long-term holders sell $26 billion worth of BTC

    Bitcoin long-term holders (LTHs) — entities holding coins for at least six months — have started to offload coins as BTC price hit new all-time highs above $124,500 in August.

    Related: Bitcoin taps $111.3K as forecast says 10% dip ‘worst case scenario’

    Analyzing the LTH supply change, CryptoQuant analyst Maartunn said that on a rolling 30-day basis, the supply had decreased by a net 241,000 BTC, worth around $26.8 billion at current market prices as of Monday. He added:

    “That’s one of the largest drawdowns since early 2025.”

    Bitcoin 30-day rolling STH/LTH supply change. Source: CryptoQuant

    This may continue to pressure Bitcoin’s price in the coming weeks, particularly when coupled with whales, who have offloaded more than 115,000 BTC over the same period. 

    Meanwhile, despite the total holdings of Bitcoin Treasury Companies reaching a record high of 1 million BTC, growth has slowed sharply over the past month.

    Strategy’s monthly buys collapsed from over 134,000 BTC in Nov 2024 to just 3,700 BTC in Aug 2025, according to data from CryptoQuant.

    Other Treasury Companies purchased 14,800 BTC in August, compared to their record-high purchase of 66,000 Bitcoin June 2025.

    “August purchases also fell below the 2025 monthly averages, 26K BTC for Strategy and 24K BTC for other firms,” the onchain analytics firm said in its latest Weekly Crypto Report, adding:

    “Smaller, cautious transactions show institutional demand is weakening.”

    Bitcoin treasury companies, monthly BTC purchase. Source: CryptoQuant

    Capriole Investments founder Charles Edwards also points out that the rate of companies purchasing Bitcoin per day continues to fall, a sign that institutions could be “exhausted.”

    The reduced buying from treasury companies further weakens demand, exacerbating the downward trend.

    Bitcoin price bear flag targets $95,000

    Bitcoin dropped 14% from its $124,500 record high reached on Aug. 16 to a seven-week low of $107,500 on Aug. 30, data from Cointelegraph Markets Pro and TradingView shows.   

    The price has since recovered to the current levels around $111,500.

    This price action has printed a bear flag on the daily chart, as shown below. Bitcoin dropped below the flag on Saturday and is now retesting the lower boundary of the flag at $112,000 (100-day SMA).

    Failure to flip $112,000 into support would trigger the continuation of the downtrend toward the measured target of the bear flat at $95,500, or a 14.5% drop from the current price.

    BTC/USD daily chart. Source: Cointelegraph/TradingView

    However, the macro picture looks much healthier, since the 13% pullback from all-time is much shallower than previous pullbacks, according to X user Coin Signals.

    As Cointelegraph reported, the latest predictions now include Bitcoin possibly dropping below $90,000, while still on track for new all-time highs.

    BTC/USD weekly chart. Source: Coin Signals

    Note that a 30% drawdown from the current all-time highs places the BTC price bottom at $87,000, which aligns with the realized price of 6-12 months holders.

    This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.