CandleFocus Mantra forms bearish divergence ahead of mainnet launch
2024-09-26
Author: Content Editor
Mantra, a blockchain network for real-world asset tokenization, has seen a strong rally in recent weeks, partially recovering from losses in July and August. The rise in Mantra's price has been driven by growing demand for real-world asset tokenization and the upcoming launch of its Wallet mainnet. Mantra's strong staking yield and the ongoing Mantra Zone competition have also contributed to its price increase. However, technical indicators suggest that Mantra may face resistance at its all-time high before potentially continuing its downward trend.
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