Mantle has shown a positive trend in recent days, with a 3.63% increase against the US Dollar today. It is currently trading 22.86% below the predicted Price on Oct 17, 2024. Over the past month, Mantle has gained 7.82% and has seen an impressive 80.84% increase since this time last year.
The current price of Mantle stands at $ 0.606887, with a prediction of $ 0.786700, indicating a potential 30.33% increase in the next five days. The sentiment for Mantle is currently neutral, while the Fear & Greed index is at 49 (Neutral). Key support levels to watch are $ 0.586526, $ 0.576612, and $ 0.567926, with key resistance levels at $ 0.605126, $ 0.613811, and $ 0.623725.
Expected Price Movement
Based on the Mantle price prediction, the Coin is expected to reach $ 0.786700 by Oct 17, 2024, showing a potential 30.33% increase. Today, Mantle is trading at $ 0.606887, with a 3.63% gain in the last 24 hours. The coin has outperformed the overall Cryptocurrency Market, which saw a 2.18% increase during the same time frame. Mantle also recorded a 0.13% gain against BTC.
Recent Performance
Over the past 30 days, Mantle has shown a positive trend, with a 7.82% increase in price. However, in the medium term, MNT has seen a bearish trend, dropping by -16.47% in the last 3 months. Looking at the long-term picture, Mantle has displayed an 80.84% increase over the past year, with a price of $ 0.335597 on this day last year.
Mantle reached its all-time high price on Apr 08, 2024, hitting $ 1.51. The current cycle high is $ 0.667581, while the low is at $ 0.479426. Notably, Mantle has experienced low volatility recently, with a 1-month volatility of 4.73 and 20 green days in the last 30 days.
Technical Analysis for Today
The sentiment in the Mantle markets is currently neutral, with the Fear & Greed index at 49 (Neutral). Important support levels to monitor include $ 0.586526, $ 0.576612, and $ 0.567926, while resistance levels are at $ 0.605126, $ 0.613811, and $ 0.623725.
Market Indicators
Among 16 indicators signaling a bullish prediction for Mantle, 9 are showing a bearish forecast. With 64% of indicators favoring a positive prediction, the overall sentiment for Mantle is categorized as neutral.
Current Market Sentiment
The Fear & Greed index reflects a neutral outlook, indicating that investors currently have a neutral stance on the market. It is crucial to consider that Cryptocurrency markets are unpredictable and often exhibit high volatility.
Technical Indicators
Key technical indicators like moving averages and oscillators are valuable tools for assessing Mantle's position in the market. The Relative Strength Index (RSI 14) stands at 47.91, suggesting a neutral position for MNT. The coin is trading above the SMA 50 trendline, a bullish signal.
Looking Forward
Based on the current forecast and technical analysis, Mantle's price prediction remains neutral. Monitoring market sentiment, key support and resistance levels, and other metrics will be crucial. As with all Investments, it is recommended to seek independent professional advice before making any financial decisions.
Disclaimer: This is not Investment advice. The information provided is for general purposes only. Seek independent professional consultation before making any investment decision.
