Mantle (MNT) Price Prediction 2024, 2025–2030
Explore short and medium-term Mantle price prediction analysis and check long-term Mantle forecasts for 2025, 2030, and beyond
Current Price | $ 0.683543 |
---|---|
Price Prediction | $ 0.669172 (-2.31%) |
Fear & Greed Index | 79 (Extreme Greed) |
Sentiment | Bullish |
Volatility | 7.23% |
Green Days | 16/30 (53%) |
50-Day SMA | $ 0.637206 |
200-Day SMA | - |
14-Day RSI | 62.99 |
According to our current Mantle price prediction, the price of Mantle is predicted to drop by -2.31% and reach $ 0.669172 by February 17, 2024. According to our technical indicators, the current sentiment is Bullish while the Fear & Greed Index is showing 79 (Extreme Greed). Mantle recorded 16/30 (53%) green days with 7.23% price volatility over the last 30 days. Based on our Mantle forecast, it's now a good time to buy Mantle.
Disclaimer: This is not investment advice. The information provided is for general information purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.
Long-term Mantle price prediction for 2025, 2026, 2027, 2028, 2029 and 2030
Based on the historical price movements of Mantle and the BTC halving cycles, the yearly low Mantle price prediction for 2025 is estimated at $ 0.636216. Meanwhile, the price of Mantle is predicted to reach as high as $ 0.920805 next year. Using the same basis, here is the Mantle price prediction for each year up until 2030.
Year | Yearly Low | Yearly High |
---|---|---|
2025 | $ 0.636216 | $ 0.920805 |
2026 | $ 0.828593 | $ 1.676736 |
2027 | $ 0.853832 | $ 1.060075 |
2028 | $ 0.869359 | $ 1.356636 |
2029 | $ 1.251466 | $ 1.413737 |
2030 | $ 1.350401 | $ 2.55 |
Mantle price prediction 2025
The Mantle price prediction for 2025 is currently between $ 0.636216 on the lower end and $ 0.920805 on the high end. Compared to today’s price, Mantle could gain
Mantle price prediction 2030
The Mantle price prediction for 2030 is currently between $ 1.350401 on the lower end and $ 2.55 on the high end. Compared to today’s price, Mantle could gain
Mantle Price Forecast Based on Technical Analysis
Sentiment
Based on data from February 12, 2024 at 20:57, the general Mantle price prediction sentiment is bullish , with 18 technical analysis indicators signaling bullish signals, and 3 signaling bearish signals.
MNT price prediction was last updated on February 12, 2024 at 20:57.
Mantle's 50-Day, 200-Day Simple Moving Averages and 14-Day Relative Strenght Index - RSI (14)
Based on our technical indicators, Mantle's 200-day SMA will rise in the next month and will hit $ 0.00 by Mar 13, 2024. Mantle's short-term 50-Day SMA is estimated to hit $ 0.652893 by Mar 13, 2024.
The Relative Strength Index (RSI) momentum oscillator is a popular indicator that signals whether a cryptocurrency is oversold (below 30) or overbought (above 70). Currently, the RSI value is at 62.99, which indicates that the MNT market is in a neutral position.
Popular MNT Moving Averages and Oscillators for Mon, Feb 12, 2024
Moving averages are a popular indicator in all financial markets. The purpose of a moving average (MA) is to smooth price action over a certain amount of time. Moving averages are a lagging indicator which means they are based on previous price action. In the table below you can find two types of moving averages, simple moving average (SMA) and exponential moving average (EMA).
Daily Simple Moving Average (SMA)
Period | Value | Action |
---|---|---|
SMA 3 | $ 0.666835 | BUY |
SMA 5 | $ 0.649758 | BUY |
SMA 10 | $ 0.608625 | BUY |
SMA 21 | $ 0.605720 | BUY |
SMA 50 | $ 0.637206 | BUY |
SMA 100 | $ 0.586425 | BUY |
SMA 200 | - | - |
Daily Exponential Moving Average (EMA)
Period | Value | Action |
---|---|---|
EMA 3 | $ 0.631975 | BUY |
EMA 5 | $ 0.633485 | BUY |
EMA 10 | $ 0.623763 | BUY |
EMA 21 | $ 0.591401 | BUY |
EMA 50 | $ 0.528165 | BUY |
EMA 100 | $ 0.484051 | BUY |
EMA 200 | - | - |
Weekly Simple Moving Average (SMA)
Period | Value | Action |
---|---|---|
SMA 21 | - | - |
SMA 50 | - | - |
SMA 100 | - | - |
SMA 200 | - | - |
Weekly Exponential Moving Average (EMA)
Period | Value | Action |
---|---|---|
EMA 21 | - | - |
EMA 50 | - | - |
EMA 100 | - | - |
EMA 200 | - | - |
Mantle Oscillators
An oscillator is a technical analysis tool that constructs high and low bands between two extreme values, and then builds a trend indicator that fluctuates within these bounds. Traders use the trend indicator to discover short-term overbought or oversold conditions.
Period | Value | Action |
---|---|---|
RSI (14) | 62.99 | NEUTRAL |
Stoch RSI (14) | 100.00 | SELL |
Stochastic Fast (14) | 86.82 | SELL |
Commodity Channel Index (20) | 66.67 | NEUTRAL |
Average Directional Index (14) | 18.12 | NEUTRAL |
Awesome Oscillator (5, 34) | -0.03 | NEUTRAL |
Momentum (10) | 0.06 | NEUTRAL |
MACD (12, 26) | 0.01 | NEUTRAL |
Williams Percent Range (14) | -13.18 | SELL |
Ultimate Oscillator (7, 14, 28) | 60.68 | NEUTRAL |
VWMA (10) | 0.62 | BUY |
Hull Moving Average (9) | 0.64 | BUY |
Ichimoku Cloud B/L (9, 26, 52, 26) | 0.65 | NEUTRAL |
Mantle Key Price Levels
Based on today's classical pivot point (P1) with the value of $ 0.669157, Mantle has support levels of $ 0.654214, $ 0.624328, and the strongest at $ 0.609385. Similarly, Mantle resistance levels are at $ 0.699043, $ 0.713986, and $ 0.743872.
Support Levels
# | Price | Strength |
---|---|---|
S1 | $ 0.654214 | |
S2 | $ 0.624328 | |
S3 | $ 0.609385 |
Resistance Levels
# | Price | Strength |
---|---|---|
R1 | $ 0.699043 | |
R2 | $ 0.713986 | |
R3 | $ 0.743872 |
Mantle Correlation
Over the past 7 days, Mantle price was most positively correlated with the price of Bitcoin (BTC), Avalanche (AVAX), Wrapped Bitcoin (WBTC), Coinbase Wrapped Staked ETH (CBETH) and Uniswap (UNI) and most negatively correlated with the price of WEMIX Token (WEMIX), Frax Share (FXS), Jupiter (JUP), Monero (XMR) and Pendle (PENDLE).
Positively Correlated Currencies
Name | Correlation |
---|---|
0.973 | |
0.973 | |
0.972 | |
0.966 | |
0.965 |
Negatively Correlated Currencies
Name | Correlation |
---|---|
-0.736 | |
-0.610 | |
-0.559 | |
-0.223 | |
0.205 |
Mantle price is positively correlated with the top 10 coins by market cap with a price of 0.921, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.801.
Currencies that are positively correlated with Mantle indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with Mantle, a move in one direction for Mantle would translate into a move in the opposite direction for the negatively correlated coin.
Mantle Price Prediction for Tomorrow and Next Week
Date | Price | Change |
---|---|---|
Feb 13, 2024 | $ 0.684982 | 0.00% |
Feb 14, 2024 | $ 0.709978 | 3.65% |
Feb 15, 2024 | $ 0.715515 | 4.46% |
Feb 16, 2024 | $ 0.693087 | 1.18% |
Feb 17, 2024 | $ 0.669172 | -2.31% |
Feb 18, 2024 | $ 0.697770 | 1.87% |
Feb 19, 2024 | $ 0.740920 | 8.17% |
The Mantle price forecast for the next 30 days is a projection based on the positive/negative trends in the past 30 days. Based on these Mantle projections, MNT will be changing hands at $ 0.740920 on Feb 19, 2024, gaining
Mantle Historical Price Performance
To get a better idea of what could happen to the Mantle price in the future, it’s helpful to also explore Mantle’s price history. In the last month, the MNT/USD pair is down -11.38%. The 1-year performance of MNT/USD is 34.66%.
Mantle Price Prediction FAQ
How to read and predict Mantle price movements?
Mantle traders use a variety of tools to try and determine the direction in which the MNT market is likely to head next. These tools can roughly be divided into indicators and chart patterns. When trying to predict the Mantle price, traders also try to identify important support and resistance levels, which can give an indication of when a downtrend is likely to slow down and when an uptrend is likely to stall.
Mantle Price Prediction Indicators
Moving averages are among the most popular Mantle price prediction tools. As the name suggests, a moving average provides the average closing price for MNT over a selected time frame, which is divided into a number of periods of the same length. For example, a 12-day simple moving average for MNT is a sum of MNT’s closing prices over the last 12 days which is then divided by 12.
In addition to the simple moving average (SMA), traders also use another type of moving average called the exponential moving average (EMA). The EMA gives more weight to more recent prices, and therefore reacts more quickly to recent price action.
50-day, 100-day and 200-day moving averages are among the most commonly used indicators in the crypto market to identify important resistance and support levels. If the MNT price moves above any of these averages, it is generally seen as a bullish sign for Mantle. Conversely, a drop below an important moving average is usually a sign of weakness in the MNT market.
Traders also like to use the RSI and Fibonacci retracement level indicators to try and ascertain the future direction of the MNT price.
How to read Mantle charts and predict price movements?
Most traders use candlestick charts, as they provide more information than a simple line chart. Traders can view candlesticks that represent the price action of Mantle with different granularity – for example, you could choose a 5-minute candlestick chart for extremely short-term price action or choose a weekly candlestick chart to identify long-terms trends. 1-hour, 4-hour and 1-day candlestick charts are among the most popular.
Let’s use a 1-hour candlestick chart as an example of how this type of price chart gives us information about opening and closing prices. The chart is divided into “candles” that give us information about Mantle’s price action in 1-hour chunks. Each candlestick will display MNT’s opening price, closing price, as well as the highest and lowest prices that Mantle reached within the 1-hour period.
It’s also important to pay attention to the color of the candle – a green candle means that the closing price was higher than the opening price, while a red candle tells us the opposite. Some charts will use hollow and filled candlestick bodies instead of colors to represent the same thing.
What affects the price of Mantle?
Just like with any other asset, the price action of Mantle is driven by supply and demand. These dynamics can be influenced by fundamental events such as block reward halvings, hard forks or new protocol updates. Regulations, adoption by companies and governments, cryptocurrency exchange hacks, and other real-world events can also affect the price of MNT. The market capitalization of Mantle can change significantly in a short period of time.
When trying to make a Mantle forecast, many traders also try to monitor the activity of MNT “whales”, which are entities and individuals that control large amounts of MNT. Since the Mantle market is relatively small compared to traditional markets, “whales” can single-handedly have a big influence on Mantle’s price movements.
Bullish and bearish price prediction patterns
Some traders try to identify candlestick patterns when making cryptocurrency price predictions to try and get an edge over the competition. Some candlestick formations are seen as likely to forecast bullish price action, while others are seen as bearish.
Here are some of the most commonly followed bullish candlestick patterns:
Here are some common bearish candlestick patterns:
- Hammer
- Bullish Engulfing
- Piercing Line
- Morning Star
- Three White Soldiers
- Bearish Harami
- Dark Cloud Cover
- Evening Star
- Shooting Star
- Hanging Man
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