The cryptocurrency market is witnessing a remarkable surge in Mantra (OM), a digital asset that has recently hit a new all-time high of $9.17. This rise comes at a time when major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) have either stagnated or seen declines, making Mantra’s performance even more extraordinary. As OM reaches new heights, many traders are wondering whether it can break the crucial psychological barrier of $10 next.

Mantra’s Explosive Growth in 2025

In 2025, Mantra (OM) has seen an impressive rally, increasing by 133% year-to-date (YTD). This marks a continuation of the asset’s explosive growth, which has been nothing short of extraordinary. Comparing its current value to the start of February, OM has surged by 8,592%, or nearly 86 times its original price. Even from the beginning of January, it has jumped by 133%, outpacing the broader crypto market, which has remained relatively stagnant.

Mantra’s ability to continue setting new all-time highs has captured the attention of traders and investors alike. In an environment where other assets are facing downward pressure, OM’s upward trajectory has been particularly noteworthy. The most recent high of $9.17 marks a significant milestone for the cryptocurrency, and many are now wondering if $10 could be the next big target.

The $10 Barrier: Is It Within Reach?

In the world of cryptocurrencies, round numbers like $10 often act as psychological barriers that can be tough to break. Given Mantra’s relentless growth, it’s reasonable to wonder whether it can surpass the $10 mark and continue its climb. The psychological importance of this price level cannot be underestimated, but with OM’s momentum, many believe that it’s a matter of time before this barrier is breached.

Technical Analysis: Price Predictions for Mantra (OM)

To understand where OM might be headed next, it’s important to look at its price chart and technical indicators. A key tool for predicting future price action is the Fibonacci retracement, which is based on price movements from a significant rally in November 2024. The retracement levels have shown areas of resistance and support at $5.31, $6.58, and $7.84, helping traders navigate the price action.

Based on these levels, the next targets for Mantra could be $11.16 and $11.94, assuming the current trend continues. Since OM has not seen a major retracement, the Fibonacci extension levels remain relevant for future price predictions. However, caution is required as the market can shift quickly.

Indicators to Watch: RSI and OBV

When analyzing OM’s future prospects, two key indicators stand out: the Relative Strength Index (RSI) and On-Balance Volume (OBV). The RSI, which measures the strength of a trend, shows that while the price is making higher highs, the RSI has started to lag behind, indicating a potential weakening of momentum. This could signal an upcoming pullback, so traders should remain alert.

On the other hand, the OBV continues to rise, showing that buying pressure remains strong. The OBV is a volume-based indicator that suggests there’s ongoing demand for OM, which could help sustain the bullish trend in the short term.

Short-Term Trading Opportunities

For traders looking to take advantage of OM’s momentum, there are opportunities to profit from shorter-term price movements. The 4-hour chart reveals a recurring pattern of consolidation followed by expansion. In mid-February, the price broke out of a range formation, leading to a swift 50% price increase. Traders could wait for a similar range formation and look to buy at the lower end of the range, once a liquidity pocket has been formed.

However, traders should remain cautious, as any shift in market structure could lead to significant risk. It’s important to be prepared to cut trades if the momentum starts to shift.

The Road Ahead for Mantra (OM)

As Mantra continues to make waves in the cryptocurrency space, the question remains: can it break $10? Given the asset’s sustained growth and solid technical support, many believe that OM has the potential to reach new heights. However, as with all cryptocurrencies, volatility is a constant, and traders should stay informed and adaptable.

For now, the rise of Mantra (OM) is a story worth watching closely in 2025, as it looks to continue defying expectations in the face of a fluctuating market.