Cryptocurrencies have plunged this week after the Federal Reserve minutes pointed to fewer interest rate cuts than expected, leading to a big surge in bond yields. Mantra price remained steady and defied gravity as it continued to attract buyers. OM was trading at $4, a few points below the all-time high of $4.62. Let’s explore why it may be about to surge.

Mantra price analysis points to more gains

The daily chart reveals that Mantra has formed a highly bullish chart pattern that may lead to more gains soon. 

The price of OM started at $0.018 in 2024 and then staged one of the biggest rallies in the crypto industry, peaking at $4.62 and transforming into one of the biggest coins in the…