The Mantra (OM) cryptocurrency recently reached a new all-time high and has seen a surge of 155.29% in the last week. However, indicators such as the Relative Strength Index (RSI) and the Ichimoku Cloud suggest that this upward trend may be weakening. The RSI has declined from overbought levels and is currently in a neutral range, indicating a slowdown in buying momentum. The Ichimoku Cloud chart also shows signs of weakening, with the price falling below the Tenkan-sen and approaching the lower boundary of the cloud. If the price drops below the cloud, it could signal a transition into a bearish trend. The closest support zone for OM is at $2.98, and if it fails to hold, the price could drop further. On the other hand, if the uptrend recovers, OM could aim for new highs and establish itself as a significant cryptocurrency in the real-world assets ecosystem.



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