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Cryptocurrencies: NEAR Protocol and Mantle on the Path to Recovery

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by Giorgi Kostiuk

6 hours ago


At the current stage, the cryptocurrency market shows mixed signals, with several tokens catching attention. NEAR Protocol and Mantle display different dynamics, while BlockDAG finds support in the presale.

NEAR Protocol Price Stability

The price of NEAR Protocol is holding in the $1.90–$2.00 range, prompting speculation about a base formation. This range supported a significant rally back in December 2023 and is now showing encouraging signs.

Indicators suggest subtle strength, with the NEAR price edging closer to the 20-day EMA at $2.24. The tightening MACD gap and bullish stochastic crossover from oversold conditions also indicate the possibility of recovery.

Mantle Cryptocurrency: On the Path to Reversal

Mantle's price has fluctuated between $0.68 and $0.88. Despite a 15% drop over the past month, it has performed well over the last six months. Now, a possible double-bottom near the $0.57 mark is on the radar.

Increasing volume on rebounds indicates buyer activity. A confirmed move past $0.96 could unlock a run toward $1.16. Conversely, if $0.57 fails to hold, the next major test sits at $0.38.

BlockDAG Presale: Future Predictions

BlockDAG is emerging as a prominent player in the presale with its current price at $0.0248. Predictions suggest targets of $1 by 2025, $20 by 2027, and potentially $30 before the decade ends. These targets indicate significant upside, especially compared to legacy Layer-1 coins.

A partnership with Inter Milan expands BDAG's reach, while developer partnerships help attract builders through hackathons and educational programs.

The cryptocurrency market remains volatile, but the current indicators for NEAR Protocol and Mantle suggest potential recovery. Meanwhile, BlockDAG demonstrates strong foundational aspects for further growth, increasing interest in projects with robust fundamentals and long-term plans.

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