MANTRA Price Prediction – Why Investors Are Turning to This New Layer 2 Presale Instead
The post MANTRA Price Prediction – Why Investors Are Turning to This New Layer 2 Presale Instead appeared on BitcoinEthereumNews.com.
MANTRA is currently trading at $0.59, having recently experienced a sharp decline despite a brief relief rally that peaked around $0.70. The token has dropped approximately 15% since that short-lived bounce. The situation surrounding MANTRA appears uncertain, with its founder, JP Mullin, taking part in multiple interviews in an attempt to address concerns, though the full details of the issue remain unclear. The project has now lost its $600 million market cap, drawing comparisons to the dramatic crash of Luna Classic. Investors who entered the market at higher price points, especially those who bought in at $6 or more, are facing significant losses. Despite a brief period where some traders capitalized on the dip to $0.37 and saw gains of up to 65%, overall sentiment remains deeply bearish, and volume has been notably lacking. Market-wide indecision and consolidation have created a tense atmosphere, and broader movement may hinge on global political developments. This article explores MANTRA’s price outlook and highlights the Solaxy presale, which crypto analysts view as a promising alternative amid MANTRA’s recent downturn. Source – Jacob Crypto Bury on YouTube $OM Price Prediction The MANTRA token has continued its downward trajectory after failing to hold above the $0.638 resistance level. The current price action, as of April 20th, shows a consistent pattern of lower highs and lower lows, reflecting persistent selling pressure. Immediate resistance is now found around the $0.610–$0.620 range, where multiple intraday recovery attempts have been firmly rejected. On the downside, the next critical support lies near $0.575; a breakdown below this level could pave the way for a further decline toward $0.540. Unless $OM can reclaim the $0.610 level and flip it into a reliable support, the short-term outlook remains bearish. Trading volumes on major blockchains such as Solana and Ethereum have also dropped significantly…
