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Crypto price predictions: Mantra, DeXe, Toncoin, IOTA

by admin February 23, 2025
February 23, 2025
Crypto price predictions: Mantra, DeXe, Toncoin, IOTA

Crypto prices rebounded during the weekend, with the total market of all coins soaring to over $3.20 trillion and the fear and greed index moving to the neutral level. This rebound was driven by speculation among crypto investors, who believe that these coins will do well this year. This article explores some of the top coins, including Mantra (OM), DeXe (DEXE), Toncoin (TON), and IOTA (IOTA).

Mantra (OM) price forecast

OM chart by TradingView

Mantra price has done well in the past 12 months as it moved from being a fairly small coin into a $7 billion juggernaut. Its price has moved from $0.09 in 2023 to over $9 for the first time.

The weekly chart shows that the OM price has soared in the past five consecutive months, beating other popular coins like Bitcoin and Ethereum. It has done this because of its high staking yield, regular airdrops to holders, and the fact that it is in the fast-growing Real World Asset (RWA) tokenization industry. 

Mantra price has remained above all moving averages, while all oscillators like the Relative Strength Index (RSI) and the stochastic oscillator have moved to the overbought level. There are signs that it remains in the markup phase of the Wyckoff Theory, which is characterized by high demand.

Therefore, there is a likelihood that the Mantra price will keep soaring as bulls eye the target point at $10, and then resume the downtrend. 

Toncoin price analysis

TON chart by TradingView

Toncoin, the crypto project by Telegram, has been under pressure since Pavel Durov’s legal issues started in France a year ago. The TON price has crashed, while the total value locked (TVL) in its DeFi ecosystem has crashed.

Most notably, the ecosystem has not done well, with tokens of most of its tap-to-earn games like Hamster Kombat and Notcoin crashing. 

The weekly chart shows that the TON price has retreated in the past few months after peaking at $8.24 in June last year. It has moved below $4, and crashed below the 50-week and 100-week moving averages.

The MACD and the Relative Strength Index (RSI) have all pointed downwards, a sign that it is losing momentum. Therefore, the TON price will likely continue falling as sellers target the key support at $2.9154, the highest swing in October 2022. A drop below that point will point to a further retreat to $2. 

DeXe price forecast

DeXe Protocol is a Web3 governance protocol whose token is well-known for the substantial staking yields it offers to its holders. Like Mantra, DEXE price has done well in the past few months as it surged from $1.87 in October last year to $20 in 2025.

The DeXe token price has recently moved above the key resistance level at $18.18, the highest swing on April 1. This was an important price since it was the upper side of the cup and handle pattern, one of the most bullish patterns in the market. It is now in the handle phase, which is known for some consolidation. 

The DeXe price remains above the 50-week moving average, while the RSI and MACD are pointing upwards. Therefore, the price will likely explode higher in the long-term, with the next point to watch being at $27.20, the highest swing in November 2021.

IOTA price analysis

IOTA chart by TradingView

The daily chart shows that the IOTA price peaked at $0.6362 in December last year and has now plunged to $0.2280. The 100-day and 50-day exponential moving averages are about to form a bearish crossover pattern, which is widely seen as a mini death cross.

On the positive side, there are signs that it is about to form a bullish divergence pattern as the RSI and the MACD point upwards. It has also formed a falling wedge chart pattern, a popular bullish reversal sign. Therefore, the IOAT price will likely have a strong bullish breakout, with the next reference level being at $0.35. 

The post Crypto price predictions: Mantra, DeXe, Toncoin, IOTA appeared first on Invezz

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