Goatseus Maximus (GOAT) price recently reached a new all-time high. The recent price action has been accompanied by strong technical indicators, suggesting an ongoing bullish trend.

However, some signs hint that this rally could be nearing its limit. As the analysis continues, the potential for both continued gains and the risk of a correction in the near future will be explored.

GOAT Current Trend Is Still Strong

GOAT’s ADX is currently at 27.63, down from above 36 last week. This drop suggests a weakening in trend strength.

When ADX was above 36, it indicated a strong trend. Now, with ADX below 30, the trend is still present but less powerful.

The Average Directional Index (ADX) measures trend strength. It ranges from 0 to 100, with values above 25 indicating a strong trend and below 20 suggesting no significant trend.

GOAT ADX of 27.63 shows that it remains in an uptrend, though the momentum is not as strong as before. The uptrend persists, but it may not be as forceful as it was last week.

GOAT Is Close To The Overbought Zone

GOAT’s RSI is currently at 67.63, following a recent price jump and a new all-time high. It has risen sharply from 50 in just a few hours. This swift increase suggests strong buying momentum, pushing GOAT closer to overbought levels.

The Relative Strength Index (RSI) measures the speed and change of price movements. It ranges from 0 to 100, with values above 70 indicating overbought conditions and below 30 suggesting oversold conditions. With GOAT’s RSI nearing 70, it signals that the asset might be overextended.

The recent price surge and all-time high, coupled with the RSI’s current level, suggest that GOAT could face a strong correction soon. That would take GOAT off the top 10 biggest meme coins by market cap.

GOAT Price Prediction: Is a 39% Correction Imminent?

GOAT recently reached its all-time high, and its EMA lines are very bullish.

The price is above all EMA lines, with short-term lines positioned above long-term ones. This alignment suggests strong upward momentum, confirming a healthy uptrend.

However, the RSI indicates that the meme coin could be entering overbought territory, hinting at a potential correction. The closest support zone for GOAT price is around $0.76.

If this level fails to hold, the price could drop to $0.69, suggesting a possible 39% correction. This highlights the risk of a pullback after such a strong rally.

Mantra (OM) price has been on a strong upward trajectory, recently reaching a new all-time high and gaining nearly 20% over the past week. This surge has been supported by strengthening technical indicators, showcasing strong momentum and a clear uptrend.

The combination of bullish EMA alignment and favorable metrics like ADX and Ichimoku Cloud suggests the rally may extend further, with the potential for new highs in the coming days. However, if the uptrend loses momentum, OM could test key support zones that will determine the sustainability of its recent gains.

OM’s Uptrend Is Getting Stronger

The ADX for OM has climbed from nearly 16 to 26.48 in just one day, highlighting a significant increase in trend strength.

An ADX above 25 typically signals a strong trend, and this surge indicates that OM is transitioning from a weak or sideways market to a clear and potentially sustained movement.

ADX, or Average Directional Index, measures trend strength on a scale from 0 to 100. Values below 20 show weak trends, while values above 25 signal strength.

With OM’s ADX at 26.48, the market is confirming an uptrend, supported by growing momentum and a stronger directional push, suggesting further gains could be on the horizon.

Ichimoku Cloud Shows OM Trend Is Bullish

The Ichimoku Cloud chart for OM price shows a bullish trend forming. The price has broken above the cloud (Kumo), which typically signals an uptrend.

Additionally, the cloud ahead (Senkou Span A and B) is green, indicating positive momentum and potential support levels. The price staying above the cloud further supports the likelihood of continued upward movement.

The Tenkan-sen (conversion line) is above the Kijun-sen (base line), another bullish signal suggesting that short-term momentum is stronger than the longer-term trend.

The lagging span (Chikou Span) is also positioned above the price, confirming that recent price action strongly supports the current trend. Together, these elements highlight a strengthening bullish sentiment for OM.

OM Price Prediction: New Highs Soon?

Mantra’s EMA lines currently exhibit a strong bullish alignment, with the price trading above all of them and shorter-term EMAs positioned above the longer-term ones. OM is one of the leading coins in the real-world assets ecosystem today and could benefit heavily if this narrative keeps growing.

This structure reflects solid upward momentum, reinforcing the notion of a sustained uptrend. The recent price action supports this bullish outlook, as OM price has managed to maintain levels well above key EMA thresholds, which often serve as dynamic support during uptrends.

Combining insights from the ADX and Ichimoku Cloud metrics, OM’s recent breakout to a new all-time high of $1.85 could signal the start of an extended rally. If the bullish momentum continues, further attempts at new highs are plausible in the coming days, as the narrative around real-world assets (RWA) recovers traction.

However, if the uptrend falters and reverses, the OM price may test its first strong support zone around $1.35. Should this level fail to hold, the price could decline further, potentially reaching as low as $1.25, a critical area of support.