Jupiter

Mantle

Shiba Inu

Coin

<p>Cryptocurrencies Jupiter (JUP) and Mantle (MNT) have captured investors’ attention with impressive price surges over the past day. According to CoinMarketCap data, JUP skyrocketed 22.58% to <a href="https://coinmarketcap.com/currencies/jupiter-ag/" target="_blank" rel="noopener noreferrer nofollow">$1.55</a>, while MNT climbed 12.97% to <a href="https://coinmarketcap.com/currencies/mantle/" target="_blank" rel="noopener noreferrer nofollow">$1.31</a> in the last 24 hours. But what exactly is fueling these rallies?</p>
<h2 class="wp-block-heading" id="strong-jupiter-analysis-strong"><strong>Jupiter Analysis</strong></h2>
<p>Diving into technical analysis from top crypto analysts sheds light on the underlying forces at play. For JUP, @Bluntz_Capital’s 4-hour chart <a href="https://x.com/Bluntz_Capital/status/1773882089500528779?s=20" target="_blank" rel="noopener noreferrer nofollow">highlights</a> a significant uptrend at point A, followed by high volatility around point B where prices peaked before a steep sell-off. Prices then entered a consolidation phase at point C, fluctuating within a range.</p>
<p>Notably, @Bluntz_Capital identifies resistance around the $1.50 to $1.60 range where JUP has repeatedly hit ceilings. With JUP currently retesting those levels, a decisive breakout could catalyze the next leg higher if momentum persists.</p>
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    <p>The key? Getting in early, especially during the <strong>ICO phase</strong>. Check out <a href="https://captainaltcoin.com/go/ll_inside/" target="_blank" rel="noopener noreferrer nofollow"><strong>NuggetRush</strong></a> today! This new memecoin combines play-to-earn gaming with authentic gold mining ventures. <a href="https://captainaltcoin.com/go/ll_inside/" target="_blank" rel="noopener noreferrer nofollow"><strong>Seize the opportunity</strong></a> with ongoing presale prices! Plus, prepare for $NUGX’s upcoming launch on major exchanges.</p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
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<h2 class="wp-block-heading" id="strong-mantle-strong-technicals"><strong>Mantle </strong>Technicals</h2>
<p>Turning to MNT, @FortuneNodeOfficial <a href="https://x.com/Fortunenode_/status/1773983383783448976?s=20" target="_blank" rel="noopener noreferrer nofollow">examined</a> daily charts revealing bullish technicals. The moving average convergence divergence (MACD) indicator shows the MACD line above its signal line and baseline, signaling upward momentum. Additionally, MNT’s price trades above key moving averages, confirming an overall uptrend.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="573" src="https://captainaltcoin.com/wp-content/uploads/2024/03/image-1454-1024x573.png" alt="" class="wp-image-464072" srcset="https://captainaltcoin.com/wp-content/uploads/2024/03/image-1454-1024x573.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-1454-300x168.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-1454-767x429.png 767w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-1454-1536x859.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-1454-2048x1146.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-1454-268x150.png 268w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-1454-100x56.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-1454-626x350.png 626w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-1454-788x440.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-1454.png 1355w" sizes="(max-width: 1024px) 100vw, 1024px">
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<p>Most notably, the analyst highlights MNT’s 133.17% price surge from around $0.80 to $1.86 within the green rectangle. While off those highs, MNT’s current price near $1.31 suggests the rally remains intact for now.</p>
<p>The technical formations witnessed across both JUP and MNT align with their price action lately. However, cryptocurrencies are highly volatile, and investors should exercise thorough due diligence. Still, the charting perspectives offer a granular, data-driven view into the fundamental and sentiment drivers potentially powering these surges.</p>
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<p>The post <a href="https://captainaltcoin.com/jupiter-jup-and-mantle-mnt-prices-pumping-heres-why/" rel="noopener noreferrer nofollow">Jupiter (JUP) and Mantle (MNT) Prices Pumping – Here’s Why&nbsp;</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Jupiter (JUP) and Mantle (MNT) Prices Pumping – Here’s Why

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