The Mantra (OM) crypto token is gearing up for a potential breakout and is eyeing a new all-time high of $5. With a 3.08% increase in the past 24 hours and approaching a market cap of $4 billion, the token is currently priced at $4.20. The price trend has exhibited a sideways shift after a significant bullish jump in mid-November, and a consolidation range between $3.45 and $4.23 has formed. A bullish reversal within this range is challenging the overhead resistance, supported by positive MACD crossover and market sentiment. The altcoin could potentially reach the 38.20% Fibonacci level at $4.6524 and traders are eyeing the $5.00 psychological mark as a favorite price target.



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