Mantle’s Price Prediction: A Comprehensive Analysis

Mantle has been down -4.10% today against the US Dollar and down -6.03% against Bitcoin, MNT/ETH is also down by -2.66% today. It is currently trading 26.63% below our prediction on October 20, 2024.

In the last month, Mantle has gained 6.29%, and is up 86.31% since a year ago. Today’s Mantle price is at $0.611898 and is predicted to rise by 30.72% in the next five days.

According to a Mantle price prediction, it’s expected to reach $0.833992 by Oct 20, 2024, reflecting a 30.72% price increase for Mantle in the next 5 days. MNT price today is trading lower at $0.611898 after losing -4.10% in the last 24 hours.

The coin underperformed the crypto market, as the total crypto market cap fell by -2.24% in the same period. MNT has recorded a -6.03% loss against Bitcoin in the same period, the coin also displayed poor performance against Ethereum with a -2.66% loss today.

As per the prediction, the market sentiment is neutral with Fear & Greed index standing at 65 (Greed), showing optimism towards the market but suggesting that it could be overvalued.

Technically, 17 out of the 23 indicators signify a bullish forecast while 11 of them signify a bearish prediction, leading to a Neutral sentiment overall for Mantle.

Looking ahead at the Mantle price, the Relative Strength Index (RSI 14) currently reads 60.77 indicating that Mantle is currently in the neutral zone.

Other than the above mentioned indicators, key support levels include $0.613519, $0.583218, $0.566196. Meanwhile, key resistance levels for the same cryptocurrency include $0.660843, $0.677865, and $0.708166.

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