OM Price Rises 70% To Form Third New All-Time High in 10 Days | Airdrop Alert Pro

In the past ten days, OM has gone through an impressive 70 % growth, which is a two -month integration stage. Altcoin recently released a new historical highest (ATH) at a price of $ 6.29, which reflects a strong bullish momentum.

However, some signs show that continuous rise may face challenges in the near future.

Cursing holder is booking profits

The recent surge OM’s price is available The activity of long -term holders (LTHS) increases. The “consumed age” measuring standard has peaked, indicating that long -term holders have begun to sell their positions.

LTHS is usually regarded as the backbone of assets, and selling them can indicate the transformation of market emotions. Just as these investors’ booking profits, this indicates that Rally may breathe, and the price may face some resistance in the short term.

The facts of LTHS cash may show that the current price level is considered enough to make these holders benefit. Although this behavior is typical in a strong upward trend, it also shows that if there is no purchase pressure from new investors or retailers, the rally may be unsustainable.

The percentage of the first transaction of the OM adoption rate tracking the new address did not see a large peak. This lack of motivation may indicate that Altcoin’s attraction in the market is not much more attractive than other coins. Higher adoption rates usually indicate that the interest and confidence of assets are increasing. Without it, OM may face difficulties in maintaining its current price level.

The relatively flat adoption rate shows that the rally can drive through speculative transactions rather than basic growth. In order to continue to move up, the cottage will need to attract the long -term interest of new users and investors. Lack of a large number of peak values ​​may constitute a challenge OM’s long -term bullish prospectsEssence

OM price forecast: Continue Ath Rally

OM’s price is available In the past ten days, it has soared 70 % to $ 5.98. Recently, it has formed a new ATH at a price of $ 6.29, confirming its strong upward momentum. Price action shows that OM has got rid of the integration stage and can see further benefits, but potential resistance is imminent.

Although it can continue to grow, the above factors show that it may be difficult to maintain the recent price rise. However, keeping $ 6.00 at the support layer can be kept complete at the ATH RALLY, and OM may be pushed to $ 7.00. If the market’s emotions remain positive, the cottage may continue its upward trajectory.

On the other hand, market emotion reverses Can lead OM Lost key support level. If the price is less than $ 6.00, it may be supported at a price of $ 4.27. The further decrease price may reduce the price to $ 3.47, which makes the bullish papers invalid and eliminate the recent returns.