Mantle (MNT) Price Prediction 2024, 2025, 2026-2030
Bullish MNT price prediction for 2024 is $1.0815 to $1.3782.. Mantle (MNT) price might reach $1 soon.. Bearish (MNT) price prediction for 2024 is $0.7006.. In this Mantle (MNT) price prediction 2024, 2025-2030, we will analyze the price patterns of MNT by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency.. TABLE OF CONTENTS. INTRODUCTION. Mantle (MNT) Current Market Status. What is Mantle (MNT)?. Mantle (MNT) 24H Technicals. MANTLE (MNT) PRICE PREDICTION 2024. Mantle (MNT) Support and Resistance Levels. Mantle (MNT) Price Prediction 2024 — RVOL, MA, and RSI. Mantle (MNT) Price Prediction 2024 — ADX, RVI. Comparison of MNT with BTC, ETH. MANTLE (MNT) PRICE PREDICTION 2025, 2026-2030. CONCLUSION. FAQ. Current Price $0.9032. 24 – Hour Trading Volume $229,499,066. Market Cap $2,914,595,445. Circulating Supply 3,226,917,893 MNT. All – Time Low $0.3136 (On Oct 18, 2023). MNT Current Market Status (Source: CoinMarketCap). TICKERMNT. BLOCKCHAINEthereum. CATEGORYLayer 2 Blockchain. LAUNCHED ON17 July 2023. UTILITIESGovernance, security, gas fees & rewards. Mantle Network positions itself as a technology stack designed to enhance the scalability of Ethereum, emphasizing EVM (Ethereum Virtual Machine) compatibility. The commitment to EVM compatibility ensures seamless functionality for contracts and tools, requiring minimal adjustments for migration from Ethereum to Mantle Network. This compatibility enables users to explore a diverse range of web3 applications, while developers benefit from an efficient, low-fee environment for deploying smart contracts.. At its foundational level, Mantle Network adopts a modular architecture that integrates an optimistic roll-up protocol with an innovative data availability solution. This unique combination not only inherits the security features of Ethereum but also introduces cost-effectiveness and increased accessibility in terms of data availability. Mantle Network’s approach aims to contribute to the broader blockchain ecosystem by addressing scalability challenges while maintaining compatibility with the established Ethereum infrastructure.. (Source: TradingView). Mantle (MNT) ranks 42nd on CoinMarketCap in terms of its market capitalization. The overview of the Mantle price prediction for 2024 is explained below with a daily time frame.. MNT/USDT Ascending Channel Pattern (Source: TradingView). In the above chart, Mantle (MNT) laid out an ascending channel pattern. It is a characteristic pattern of an ongoing bullish trend. This triangle is formed by a horizontal upper trendline that connects the highs and a lower trendline that connects the rising lows.. If the trend breaks out at the resistance level, the price will continue to move up in this ascending triangle pattern.. At the time of analysis, the Mantle (MNT) price was $0.9032. If the pattern trend continues, then the price of MNT might reach the resistance level of $0.9483 and $1.2925. If the trend reverses, then the price of MNT may fall to the support of $0.7795, and $0.6966.. The chart given below elucidates the possible resistance and support levels of Mantle (MNT) in 2024.. MNT/USDT Resistance and Support Levels (Source: TradingView). From the above chart, we can analyze and identify the following as resistance and support levels of Mantle (MNT) for 2024.. Resistance Level 1$1.0815. Resistance Level 2$1.3782. Support Level 1$0.8541. Support Level 2$0.7006. MNT Resistance & Support Levels. The technical analysis indicators such as Relative Volume (RVOL), Moving Average (MA), and Relative Strength Index (RSI) of Mantle (MNT) are shown in the chart below.. MNT/USDT RVOL, MA, RSI (Source: TradingView). From the readings on the chart above, we can make the following inferences regarding the current Mantle (MNT) market in 2024.. INDICATORPURPOSEREADINGINFERENCE. 50-Day Moving Average (50MA)Nature of the current trend by comparing the average price over 50 days50 MA =$0.6991Price = $0.7899(50MA < Price)Bullish(Uptrend). Relative Strength Index (RSI)Magnitude of price change;Analyzing oversold & overbought conditions75.4570 = OverboughtOverbought. Relative Volume (RVOL)Asset’s trading volume in relation to its recent average volumesBelow cutoff lineWeak Volume. In the below chart, we analyze the strength and volatility of Mantle (MNT) using the following technical analysis indicators — Average Directional Index (ADX) and Relative Volatility Index (RVI).. MNT/USDT ADX, RVI (Source: TradingView). From the readings on the chart above, we can make the following inferences regarding the price momentum of Mantle (MNT).. INDICATORPURPOSEREADINGINFERENCE. Average Directional Index (ADX)Strength of the trend momentum43.2902Very Strong Trend. Relative Volatility Index (RVI)Volatility over a specific period51.49. 50 = High. High Volatility. Let us now compare the price movements of Mantle (MNT) with that of Bitcoin (BTC), and Ethereum (ETH).. BTC Vs ETH Vs MNT Price Comparison (Source: TradingView). From the above chart, we can interpret that the price action of MNT is similar to that of BTC and ETH. That is, when the price of BTC and ETH increases or decreases, the price of MNT also increases or decreases respectively.. With the help of the aforementioned technical analysis indicators and trend patterns, let us predict the price of Mantle (MNT) between 2025, 2026, 2027, 2028, 2029 and 2030.. Year Bullish Price Bearish Price. Mantle (MNT) Price Prediction 2025$2.2$0.35. Mantle (MNT) Price Prediction 2026$3.5$0.3. Mantle (MNT) Price Prediction 2027$4.8$0.25. Mantle (MNT) Price Prediction 2028$5$0.2. Mantle (MNT) Price Prediction 2029$6.3$0.15. Mantle (MNT) Price Prediction 2030$7.5$0.1. If Mantle (MNT) establishes itself as a good investment in 2024, this year would be favorable to cryptocurrency. In conclusion, the bullish Mantle (MNT) price prediction for 2024 is $0.8541. Comparatively, if unfavorable sentiment is triggered, the bearish Mantle (MNT) price prediction for 2024 is $0.4480.. If the market momentum and investors’ sentiment positively elevate, then Mantle (MNT) might hit $1. Furthermore, with future upgrades and advancements in the Mantle ecosystem, MNT might surpass its current all-time high (ATH) of $0.594 and mark its new ATH.. Mantle Network positions itself as a technology stack designed to enhance the scalability of Ethereum, emphasizing EVM (Ethereum Virtual Machine) compatibility.. Traders can trade Mantle (MNT) on the following cryptocurrency exchanges such as Bybit, MEXC, BingX, Huobi, Gate, Coinone and Korbit. With the ongoing developments and upgrades within the Mantle platform, Mantle (MNT) has a high possibility of reaching its ATH soon.. Mantle (MNT) hit its current all-time high (ATH) of $0.594 on Jul 21, 2024.. According to CoinMarketCap, KLAY hit its all-time low (ATL) of $0.3136 on Oct 18, 2024.. If Mantle (MNT) becomes one of the active cryptocurrencies that majorly maintain a bullish trend, it might rally to hit $1 soon.. Mantle (MNT) price might reach $2.2 by 2025.. Mantle (MNT) price might reach $3.5 by 2026.. Mantle (MNT) price might reach $4.8 by 2027.. Mantle (MNT) price might reach $5 by 2028.. Top Crypto Predictions. Bitcoin Cash (BCH) Price Prediction. Aptos (APT) Price Prediction. Beam (BEAM) Price Prediction. Disclaimer: The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.. share