Mantle's price skyrockets by 35%, hitting a record-breaking peak after 16 months.
In the ever-evolving world of cryptocurrencies, Mantle (MNT) has been making waves, with its bullish trend showing no signs of slowing down. As of writing, Mantle is trading at $1.37, according to the MNT/USD daily chart.
The Super Trend indicator for Mantle remains positioned above the price, further strengthening the current bullish configuration. This robust support for the trend is a positive sign for investors, indicating a potentially prolonged period of growth.
The Chaikin Money Flow (CMF) indicator for Mantle also paints a promising picture. With a positive reading of 0.08, the CMF suggests a significant capital inflow for Mantle, confirming strong buying pressure.
The MNT/USD chart pattern is characterized by increasing highs and lows, evolving in a regular and upward-oriented structure. This pattern, coupled with the Super Trend indicator's position, indicates a stable bullish trend for Mantle.
If demand remains strong, Mantle could break the resistance at $1.39 and target $1.45. Meanwhile, investors are now watching the key resistance level at $1.51 for Mantle, a level that, if breached, could potentially propel the token to $1.51.
However, a demand slowdown could bring Mantle below its support at $1.26, with a risk of correction to $1.11. The key support for Mantle is at $1.26, a level that, if maintained, could provide a solid foundation for the token's continued growth.
Mantle investors are preparing for a period of increased volatility, a common occurrence in the cryptocurrency market. To navigate this volatility, it's essential to have a well-thought-out investment strategy.
For those interested in investing in Mantle, Bitget offers a user-friendly platform to do so. To buy Mantle on Bitget, simply sign up, fund your account, and buy MNT. Bitget supports a wide range of cryptocurrencies and Web3 assets, making it an ideal platform for diversifying your portfolio.
It's important to note that while Mantle has been performing well, the cryptocurrency market is inherently volatile. As such, it's crucial to conduct thorough research and consider your risk tolerance before investing.
This article was written by Simon Dumoulin and was updated on 08/20/2025 at 10:29.
Please note that the advertisement "Buy MNT on Bitget and get $10 free!" is not a fact and should be disregarded.
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