Token

Resistance

Mantle

Coin

<ul class="list-ic vertical">
 <li><span>1</span> <a>The MNT price showcased a breakout and is heading to reach $1.</a></li>
 <li><span>2</span> <a>MNT crypto may retest the 20-day EMA and attain a pullback soon.</a></li>
</ul>
<p>The mantle (MNT) token displayed a sharp rise and escaped above the critical hurdle of $0.680 in the recent sessions. Moreover, the token is in a strong uptrend and persisted in forming a higher high, displaying buying momentum on the charts. Furthermore, the technicals are projecting the bulls’ dominance and the token is willing to reach the swing spot of $1. However, the retracement was noted from the top of $0.8200.</p>
<p>The MNT price has climbed above the key moving averages and has approached the bullish trajectory, directing the follow-on buying structure. Moreover, the token has persisted in extending the rally and recovered over 64% recently. However, with the advancing gains, trading volume remained neutral, signaling a caution for the investors.</p>
<p>The MNT price today was at $0.7255 with an intraday drop of 0.10%, showing a retracement in the recent session. Moreover, the trading volume increased by 3.80% to $98.61 Million, highlighting bullish sentiments. The pair of MNT/BTC was noted at 0.0000170 BTC, while the market cap is $1.34 Billion. Analysts are bullish and suggest that the MNT token price will reach $1 shortly.</p>
<h2 class="wp-block-heading" id="strong-mantle-token-on-daily-charts-displays-breakout-strong"><strong>Mantle Token On Daily Charts Displays Breakout</strong></h2>
<div class="wp-block-image">
 <figure class="aligncenter"><img loading="lazy" decoding="async" width="1600" height="741" src="https://www.thecoinrepublic.com/wp-content/uploads/2024/01/image-360.png" alt="Mantle Coin Price Displays a Breakout; Will It Reach $1?" class="wp-image-188835" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2024/01/image-360.png 1600w, https://www.thecoinrepublic.com/wp-content/uploads/2024/01/image-360-300x139.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2024/01/image-360-1024x474.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2024/01/image-360-768x356.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2024/01/image-360-1536x711.png 1536w, https://www.thecoinrepublic.com/wp-content/uploads/2024/01/image-360-750x347.png 750w, https://www.thecoinrepublic.com/wp-content/uploads/2024/01/image-360-1140x528.png 1140w" sizes="(max-width: 1600px) 100vw, 1600px">
  <figcaption class="wp-element-caption">
   Source: MNT Price Chart By TradingView
  </figcaption>
 </figure>
</div>
<p>On the daily charts, the Mantle token has escaped the foremost hurdle, delivering buyers’ strength and advancing gains above the key moving averages. Moreover, the trend favors the bulls, whereas the bear cartel is trapped and is in trouble. Meanwhile, the investors are taking their profits from the table, which led to a retracement in the last sessions.</p>
<p>The Relative Strength Index (RSI) curve stayed in the overbought zone and displayed a bullish divergence. The MACD indicator showed a bullish crossover, indicating the bulls’ solidity.</p>
<h3 class="wp-block-heading" id="strong-the-mantle-token-price-on-weekly-charts-reveals-v-shaped-reversal-strong"><strong>The Mantle Token Price on Weekly Charts Reveals V-Shaped Reversal</strong></h3>
<div class="wp-block-image">
 <figure class="aligncenter"><img loading="lazy" decoding="async" width="1600" height="741" src="https://www.thecoinrepublic.com/wp-content/uploads/2024/01/image-359.png" alt="Mantle Coin Price Displays a Breakout; Will It Reach $1?" class="wp-image-188834" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2024/01/image-359.png 1600w, https://www.thecoinrepublic.com/wp-content/uploads/2024/01/image-359-300x139.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2024/01/image-359-1024x474.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2024/01/image-359-768x356.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2024/01/image-359-1536x711.png 1536w, https://www.thecoinrepublic.com/wp-content/uploads/2024/01/image-359-750x347.png 750w, https://www.thecoinrepublic.com/wp-content/uploads/2024/01/image-359-1140x528.png 1140w" sizes="(max-width: 1600px) 100vw, 1600px">
  <figcaption class="wp-element-caption">
   Source: MNT Price Chart By TradingView
  </figcaption>
 </figure>
</div>
<p>On the weekly charts, the Mantle token escaped the 52-week high mark and is riding the gains above the bullish trajectory. Moreover, the chart shows the bullish engulfing candlestick and reflects the outperformance for the past sessions. Amidst the positive market sentiments, the Mantle token was one of the favorite tokens and rewarded the investors the most.</p>
<h3 class="wp-block-heading" id="strong-summary-strong"><strong>Summary</strong></h3>
<p><a href="https://www.thecoinrepublic.com/2022/09/12/web3-games-and-metaverse-projects-raised-748-million/" target="_blank" rel="noopener noreferrer nofollow">Mantle (MNT) token</a> price escaped the range neckline of $0.6600 and is directing gains toward the spot of $1.00. Moreover, the trend is intact, where fresh buying momentum is spotted, and buyers have persisted in adding long positions. However, the MNT crypto must sustain gains above $.07000 for rally continuation.</p>
<h4 class="wp-block-heading"><strong>Technical Levels</strong></h4>
<p><strong>Support Levels:</strong>&nbsp; $0.7000 and $0.6800</p>
<p><strong>Resistance Levels:</strong>&nbsp; $0.7400 and $0.7800</p>
<h5 class="wp-block-heading"><strong>Disclaimer</strong></h5>
<p>The views and opinions stated by the author or any other person named in this article are for informational purposes only and do not constitute financial, investment, or other advice. Investing in or trading crypto or stocks comes with a risk of financial loss.</p>

Mantle Coin Price Displays a Breakout; Will It Reach $1?

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