Mantle (MNT)Mantle (MNT) is a Layer 2 scaling solution for Ethereum, built on top of the Ethereum blockchain. It leverages Optimistic Rollup technology to securely log transactions off-chain before settling them on-chain, offering lower transaction fees and higher throughput compared to Ethereum.
Anyway, MNT chart is straightforward; an upward wave followed by a correction which went down to 0.618 Fib retracement level. Then MNT broke the correction downtrend line and is going up. Let's see how high MNT can go.
MNTUSDT trade ideas
Overview of the MNT Token by Bybit!Today, I’d like to share an exciting project – the MNT token, part of the ecosystem of the popular Bybit exchange. 🎯
Why does MNT deserve attention?
One of the main advantages of this token is the ability to earn passive income! MNT holders can participate in Launchpad and Launchpool, earning new tokens simply by holding the asset. This is particularly attractive for those looking to generate income without selling their asset. 💰
Growth Potential 📈
At the moment, the token's price appears highly promising for purchase, and the chart shows significant growth potential. I’ve identified an entry point with a risk-reward ratio of 1/10, making it even more attractive for investors.
Personally, MNT is one of my favorite tokens, so get ready to hear more about it! 😎
MNT - Analysis on ByBit Exchange📊 The chart shows the formation of a global descending wedge, which could indicate a potential price breakout. The MNT coin, traded on the ByBit exchange, is currently showing gradual accumulation in the support zone. A possible bounce from this zone is expected, with an upward movement towards the target of $0.80, which represents approximately 41.95% growth from the current level.
💡 Why is this important?
MNT is ByBit's native coin, which is essential for participation in various promotions, bonus programs, and exclusive offers. That’s why demand for this coin remains stable, and its growth potential is far from exhausted.
MNTUSDT Technical Analysis in Daily TimeframeHello everyone, I’m Cryptorphic.
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Now, let’s dive into this chart analysis:
MNT broke above the resistance trendline and is currently in the retesting phase. A bounce from the CMP, where we have the 35 EMA, will likely push the price for a decent rally.
- Support/Entry: $0.7928.
- Trade: Spot.
- Invalidation Point: A close below $0.7202.
- Targets: $1.06, $1.27, $1.42, $1.53.
DYOR, NFA.
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Mantle Update July 2024Mantle looked bearish, after basically a month we just took 2 of the buy levels. Major Area of liquidity got taken too, RSI on the daily is oversold, this is a good area to bounce
Major liquidity target for the bounce is $1, the first target is at $0.90 .
I do believe it's a good time to move up, the overall market crashed, lot of oversolds, I need longer time frames to flip bullish tho.
Mantle still bearish, I wouldnt touch. Better place if you wanna trade a bounce is on SOL coins.
Will MNT Price Hit The High Of $1 Soon?Mantle network has a market cap of $2.56 Billion and is currently ranked 35th in the cryptoverse. The overall volume of the MNT token has seen a decline of 24% in the past 24 hours. MNT token price is currently trading near the value of $0.78 with a slight gain in the intraday session.
MNT price is currently trading in a downtrend bearish channel on the daily chart. It is forming weak consolidated candles and trading below the 100 EMA.The upside trend of the MNT can see a halt near the value of $0.95. Meanwhile, the support of the asset price can be observed near $0.6
The RSI of MNT is near 33 suggesting its presence in the oversold zone. The overall sentiment of the RSI is bullish in nature.
Long idea on $MNTI consider a candle with a large downward shadow a good opportunity to enter a position. Preferably, if the price after such a stabbing returns to 50% of the momentum of that candle, it means that a big player accumulates a position. Of course, if we fix below this figure, the signal is canceled
#MNT/USDT#MNT
We have a bearish channel pattern on a 12-hour frame, the price moves within it, adheres to its limits well, and is expected to break it upwards strongly.
We have a green support area at 0.800
We have a tendency to stabilize above moving average 100
We have a downtrend on the RSI indicator that supports the price higher
Entry price is 1.04
The first goal is 1.17
The second goal is 1.31
the third goal is 1.45
MNT - Is it a Perfect Buy Opportunity?The current support level presents a tempting opportunity.
Currently trading at $1.10, finding support on the 4-hour timeframe chart. If bulls can hold the price at or above this support level, it could signal a potential reversal and an upward trend.
If the bulls can maintain control, $1.1452 is a possible target price. This represents a potential upside of approximately 4% from the current price.
Caution is always advisable, conduct your own research and employ proper risk management strategies before making any investment decisions.
MANTLE (MNT)Mantle (MNT) is an emerging cryptocurrency that focuses on creating a robust layer-1 blockchain platform aimed at delivering high scalability, security, and interoperability. Mantle aims to streamline blockchain adoption across various industries by offering a flexible and efficient framework that supports a wide array of decentralized applications.
The current price of Mantle (MNT) is $0.97 with a 24-hour trading volume of $10 million. MNT has seen a rise of 15% in the last 24 hours, reflecting increasing market confidence and investor interest in its foundational technology.
Given Mantle's commitment to advancing blockchain utility and its recent positive market trends, the next price targets for MNT might be set at $1.2, $1.40, and $2.45. Investors could consider taking a position at the current price. This trading idea takes advantage of the ongoing enthusiasm for innovative blockchain platforms that promise to facilitate broader adoption and enhance technological capabilities.
🐺 Another Exchange token ready to pump ? 🐺Hello my friends this a quick emergency trade alert for Bybit native token :
as you can see in the chart above MNT is about to break the triangle and ready for the next let to the upside :
the price target is around :
1.49$ this is a short term target ; stay with me until the next update also don't forgot to like my idea 🐺
Have nice trade... 🐺
$MNT macro analysis ⏰ BITDAO / mantle Anything below $1.5 is good BUY ( #DYOR )
Below red box 📍 analysis get invalid 📌 🛑 stop
Expecting target 🎯 $20 ( +1500% / 15x from here )
Important resistance levels $5 & $10
Follow article for future updates 📌 and boosting 🚀 helps me ,
I was quite busy, so i will submit rest of details in future, so save article / analysis
MNT/USDT Gearing up for an Explosive Rally? 👀🚀MNT Analysis💎Paradisers, turn your gaze to #MNTUSDT, currently in a demand zone, hinting at a potential bullish breakout.
💎At the moment, #Mantle is on a rising path, indicating a bullish phase around the $0.741 support zone. This pattern aligns with an ascending channel, consistently finding support within the channel across several instances. If the momentum is maintained, we're poised for a dynamic bullish push towards the $1.30 supply zone.
💎However, if #MNT encounters difficulty in keeping up its bullish posture at the $0.741 mark, it might prompt us to reassess our strategy. This could lead us to look for a bullish response from a slightly lower demand area at $0.582.
💎Keeping alert to these market movements is critical, as a drop below this crucial point may call for a recalibrated approach, especially amidst challenges to continue the bullish momentum in the #MNT market.
Mantle in a Tug-of-War with Monthly Pivot, But Bullish Signs EmeIn the ongoing battle between buyers and sellers, Mantle is currently locked in a tug-of-war with the monthly pivot point. The price has found support around ~0.7873, a level that previously acted as resistance. This potential reversal of roles suggests a bullish bias could be emerging.
Adding credence to this possibility is the RSI indicator. If the price can decisively break above the monthly pivot, the RSI would likely follow suit, confirming a potential bullish breakout.
Key technical points:
Price finding support at previous resistance level (~0.7873)
Monthly pivot point acting as a potential hurdle
Confirmation signal:
RSI breaking above its current level alongside a price breakout above the monthly pivot
This is just a potential trade idea based on technical indicators. Always conduct your own research and analysis before making any trading decisions.
MNT long setup hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
Here I buy Mantle Network at $1.05Here I buy Mantle Network at $1.05
The sardines poked me so I had to come back in beast mode. If the sardines didn't learn that fomo lesson I've applied months ago this time will be even worse.
Now the MANTLE NETWORK is my next victim
Don't make me come back in beast mode fomo buying everything. this will hurt many.
MNTMNT/USDT | 1W 👀
As part of the rebranding from BitDAO to Mantle, the BIT tokens used in BitDAO have been replaced with MNT tokens.
MNT is like BNB for Binance, but for the Bybit exchange. In the long term, it's an interesting project. Let's see what position it will hold in the world of L2 solutions.
For now, it's not particularly interesting for buying back; we may see further declines with the current market conditions. But if you're holding, hold it as a long-term investment. There's potential ahead.
- Not financial advice, trade with caution.
✅ Stay updated on market news and developments that may influence the price of Mantle . Positive or negative news can significantly impact the cryptocurrency's value.
✅ Exercise patience and discipline when executing your trading plan. Avoid making impulsive decisions driven by emotions, and adhere to your strategy even during periods of market volatility.
✅ Remember that trading always involves risk, and there are no guarantees of profit. Conduct thorough research, analyze market conditions, and be prepared for various scenarios. Trade only with funds you can afford to lose and avoid excessive risk-taking.
#Crypto #Mantle #Investment #MNT