Following the recent crash of MANTRA (OM), many investors are questioning whether it’s an opportune moment to invest.
On April 13, 2025, OM experienced a dramatic drop from over $6 to below $0.50, wiping out more than $5.5 billion in market capitalization. This sudden decline has drawn comparisons to other notable collapses in the crypto space, such as the Terra LUNA incident, where investors faced substantial losses.
Current Price and Market Sentiment
As of April 15, 2025, OM is trading at approximately $0.81, marking a 52.9% increase in the last 24 hours.
Despite this rebound, technical indicators remain bearish. The Relative Strength Index (RSI) is around 10.85, indicating oversold conditions, and the Moving Average Convergence Divergence (MACD) is negative.
Technical Analysis
Technical indicators suggest caution. The 50-day and 200-day Simple Moving Averages (SMA) are both signaling a sell, and the overall technical rating is a strong sell.
However, some on-chain metrics, like the Market Value to Realized Value (MVRV) ratio at -3.92%, suggest that OM might be undervalued, potentially offering a buying opportunity.
Price Predictions
Forecasts for OM’s price in 2025 vary:​
- CoinCodex: Predicts OM trading between $0.68 and $0.90, with an average annual price of $0.746.
- Changelly: Estimates an average price of $0.8354 throughout 2025.
These predictions indicate a potential for recovery, but they also reflect the uncertainty and volatility inherent in the crypto market.​
Is It a Good Time to Buy?
Investing in OM now carries significant risk due to recent volatility and bearish technical indicators. However, the current low price and some on-chain metrics suggest potential for future gains. Investors should exercise caution, conduct thorough research, and consider their risk tolerance before investing.​
Note: This analysis is for informational purposes only and does not constitute financial advice. Always consult with a financial advisor before making investment decisions.
Alexander Stefanov
Reporter at Coindoo
Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over 8 years of experience covering the crypto, blockchain and fintech industries, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics.
Source: https://coindoo.com/is-it-a-good-time-to-buy-mantra-om/