Manta Network

Sponge

Momentum

Daily

Divergence

<p>The Manta Network price plunged 15% in the past 24 hours to trade for $2.9362 as of 1:30 a.m. EST time on trading volume that climbed 7%.</p>
<p>The slump caught some traders off guard. Nevertheless, perpetual traders continue to ride the Manta Network price actions, with optimists anticipating more gains despite the correction.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/MANTA?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#MANTA</a> Long From here 2.9289🧊</p>
 <p>LEVERAGE -20x📈<br>Target -📊<br>1.2.951<br>2.2.984<br>3.3.200</p>
 <p>Stop-loss:2.8300🙃 <a href="https://t.co/3prOLzSA7E" rel="noopener noreferrer nofollow">pic.twitter.com/3prOLzSA7E</a></p>
 <p>— Crypto pump whales (@Cryptopump210) <a href="https://twitter.com/Cryptopump210/status/1752941620750864780?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">February 1, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p>Meanwhile, the token remains among <a href="https://coinmarketcap.com/community/articles/65baa4485023da1d56b6f877/" target="_blank" rel="noopener noreferrer nofollow">January’s top gainers</a>, standing alongside Pendle (PENDLE), Sui (SUI), Ronin (RON), and Celestia (TIA).</p>
<h2 id="manta-price-outlook">Manta Price Outlook</h2>
<p>The Manta Network price is trading with a bearish bias, with the price action sending the altcoin outside the confines of the ascending parallel channel. Momentum continues to fade as seen with the falling Relative Strength Index (RSI).</p>
<p>The Moving Average Convergence Divergence (MACD) and the Awesome Oscillator (AO) indicators have their histogram bars flashing red in negative territory. Furthermore, both the RSI and the MACD are moving below their respective signal lines, solidifying the case for the bears.</p>
<p>Enhanced seller momentum could see the Manta Network price lose the immediate support at $2.8194. &nbsp;A break below this buyer congestion level could see MANTA test the $2.6024 support.</p>
<p>In the dire case, the altcoin’s market value could dwindle all the way to the demand zone between $2.2073 and $2.3500. A break and close below the midline of this order block at $2.2781 would confirm the continuation of the downtrend.</p>
<p><a href="https://insidebitcoins.com/wp-content/uploads/2024/02/MANTAUSDT_2024-02-01_09-24-58.png" rel="noopener noreferrer nofollow"><img decoding="async" class="aligncenter wp-image-477111 size-full" src="https://insidebitcoins.com/wp-content/uploads/2024/02/MANTAUSDT_2024-02-01_09-24-58.png" alt="MANTA" width="1273" height="545" srcset="https://insidebitcoins.com/wp-content/uploads/2024/02/MANTAUSDT_2024-02-01_09-24-58.png 1273w, https://insidebitcoins.com/wp-content/uploads/2024/02/MANTAUSDT_2024-02-01_09-24-58-300x128.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/02/MANTAUSDT_2024-02-01_09-24-58-1024x438.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/02/MANTAUSDT_2024-02-01_09-24-58-768x329.png 768w" sizes="(max-width: 1273px) 100vw, 1273px"></a></p>
<p><a href="https://www.tradingview.com/x/oa1toNH5/" target="_blank" rel="noopener noreferrer nofollow">TradingView: MANTA/USDT 4-hour chart</a></p>
<h4>Converse Case</h4>
<p>On the flipside, if the bulls come back to the scene, the Manta Network price could push north to confront the 50-day Simple Moving Average (SMA) at $3.3253. An extended move by the bulls could see the altcoin foray into the channel, or in highly bullish cases, extend a neck higher to test its midline at $3.3544.</p>
<p>In a highly bullish case, the Manta Network price could extend the gains to reclaim the range high at $3.8900, standing 20% above current levels. This would constitute nearly 30% in gains above current levels.</p>
<p>It is worth mentioning that the position of the RSI below 30 suggests MANTA is oversold. This often suggests an impending correction, adding credence to the bullish supposition. Already, the RSI shows signs of deviating from its predominant southbound move, which also tilts the odds in favor of the upside.</p>
<p>Meanwhile, analysts say Sponge V2, <a href="https://www.linkedin.com/pulse/best-crypto-icos-2024-top-picks-big-returns-juliana-clarisse-calsona-zcxqe" target="_blank" rel="noopener noreferrer nofollow">a booming ICO</a>, could be the best crypto to buy now.</p>
<p><iframe title="How to Invest in the Best Crypto Presales 2024" width="640" height="360" src="https://www.youtube.com/embed/Kwm7iq089Cs?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen></iframe></p>
<h2 id="promising-alternative-to-manta">Promising Alternative To MANTA</h2>
<p><a href="https://insidebitcoins.com/visit/sponge" target="_blank" rel="noopener noreferrer nofollow">Sponge V2</a> takes the stage as the latest meme coin sensation. It builds on the success of its predecessor, Sponge V1, which made headlines during the May 2023 season with 100X gains after launch.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/SpongeV2?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#SpongeV2</a> isn't just another token; it's a game-changer with innovative <a href="https://twitter.com/hashtag/P2E?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#P2E</a> gaming and enhanced staking rewards. 🧽💦</p>
 <p>Who’s ready for another 100x? 😎🚀<a href="https://twitter.com/hashtag/AltGem?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#AltGem</a> <a href="https://twitter.com/hashtag/Trading?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Trading</a> <a href="https://twitter.com/hashtag/MemeCoin?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#MemeCoin</a> <a href="https://t.co/Is3GTemDwN" rel="noopener noreferrer nofollow">pic.twitter.com/Is3GTemDwN</a></p>
 <p>— $SPONGE (@spongeoneth) <a href="https://twitter.com/spongeoneth/status/1748752320320492013?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">January 20, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p>Sponge V2 takes the baton from the achievements of Sponge V1. It also brings forth better features and increased value for token holders. Among them is staking, providing an opportunity to earn passive rewards.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">💸🛌 Earn passive rewards just by staking your <a href="https://twitter.com/search?q=%24SPONGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$SPONGE</a>! 🤯</p>
 <p>Join the <a href="https://twitter.com/hashtag/SpongeV2?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#SpongeV2</a> takeover and enjoy our current APY of 300%+ 😎</p>
 <p>Absorb the damp! 🧽💦🙌 <a href="https://twitter.com/hashtag/MemeCoin?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#MemeCoin</a> <a href="https://twitter.com/hashtag/Presale?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Presale</a> <a href="https://twitter.com/hashtag/Staking?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Staking</a> <a href="https://t.co/OJ08MgMmWy" rel="noopener noreferrer nofollow">pic.twitter.com/OJ08MgMmWy</a></p>
 <p>— $SPONGE (@spongeoneth) <a href="https://twitter.com/spongeoneth/status/1748284218076000469?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">January 19, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p>This meme coin presale continues to break records despite a gloomy market for altcoins. <a href="https://www.linkedin.com/pulse/best-meme-coins-invest-top-picks-exponential-gains-calsona-iorle" target="_blank" rel="noopener noreferrer nofollow">Analysts say it is among the best meme coins with the potential for exponential gains</a>. Sponge V2 is also among the <a href="https://youtu.be/S9jcOKoB9ec" target="_blank" rel="noopener noreferrer nofollow">top three presales to buy in 2024 </a>and passes among the strongest contenders in the meme coin space with Crypto YouTuber Jacob Bury saying it has the potential to 100X on launch.</p>
<p><iframe title="SPONGE Meme Coin 100X CRYPTO?! 30% PUMP! (BIG POTENTIAL!!?)" width="640" height="360" src="https://www.youtube.com/embed/iv50B1_AJG8?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen></iframe></p>
<p>The token is committed to surpassing the achievements of Sponge V1, with forward-looking investors already showing support. They are drawn to the project’s new features and benefits for token holders, with fast-moving traders already capitalizing on the new avenues. These include:</p>
<ul>
 <li>Exploring iconic locales</li>
 <li>Navigating thrilling obstacle courses, and</li>
 <li>Potentially unlocking lucrative rewards</li>
</ul>
<p>The project introduces a unique token distribution method, Stake-to-Bridge, where users stake their older tokens for the new version. The staking function has received massive support, with upwards of 6.561 billion tokens already staked. The holders enjoy an impressive annual percentage yield (APY) of over 246%.</p>
<p><a href="https://insidebitcoins.com/wp-content/uploads/2024/02/Sponge-Stake.png" rel="noopener noreferrer nofollow"><img decoding="async" class="aligncenter wp-image-477114 size-full" src="https://insidebitcoins.com/wp-content/uploads/2024/02/Sponge-Stake.png" alt="Sponge stake" width="1299" height="348" srcset="https://insidebitcoins.com/wp-content/uploads/2024/02/Sponge-Stake.png 1299w, https://insidebitcoins.com/wp-content/uploads/2024/02/Sponge-Stake-300x80.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/02/Sponge-Stake-1024x274.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/02/Sponge-Stake-768x206.png 768w" sizes="(max-width: 1299px) 100vw, 1299px"><br> </a>New entrants into the Sponge V2 ecosystem can acquire the tokens through the website using ETH, USDT, or a credit card.</p>
<p>For more information, or to buy Sponge V2, visit the website <a href="https://insidebitcoins.com/visit/sponge" target="_blank" rel="noopener noreferrer nofollow">here</a>.</p>
<h3 id="also-read">Also Read:</h3>
<ul>
 <li><a href="https://insidebitcoins.com/news/alessandro-de-crypto-reviews-sponge-v2-presale-could-this-be-the-next-1000x-coin" rel="noopener noreferrer nofollow">Alessandro De Crypto Reviews Sponge V2 Presale – Could This Be the Next 1000x Coin?</a></li>
 <li><a href="https://insidebitcoins.com/news/can-sponge-v2-experience-a-post-launch-surge-like-sponge-v1-cilinix-crypto-presale-review" rel="noopener noreferrer nofollow">Can Sponge V2 Experience a Post-Launch Surge Like Sponge V1? – Cilinix Crypto Presale Review</a></li>
 <li><a href="https://insidebitcoins.com/news/sponge-price-skyrockets-84-in-24-hours-as-v2-bridging-hype-explodes-is-sponge-v2-the-next-pepe-coin" rel="noopener noreferrer nofollow">SPONGE Price Skyrockets 84% In 24 Hours As V2 Bridging Hype Explodes. Is Sponge V2 The Next Pepe Coin?</a></li>
</ul>
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Manta Network Price Prediction: MANTA Plunges 15% As Analysts Say This Booming ICO Might Be The Best Crypto To Buy Now

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