Mantle's price has shown an impressive 55% growth over the past month, breaking key resistance at $0.87, drawing investor attention to the active use of stablecoins.
Mantle Price: Sharp Growth Over the Month
In the past month, Mantle's price has increased by 55%, reaching $0.87. The 24-hour trading volume has surged by 369%, totaling $645.72 million.
Increase in Stablecoin Usage
Recently, the market capitalization of stablecoins on the Mantle platform has risen by 22.85%, reaching $653.51 million, indicating growing investor interest.
Analyst Predictions for Mantle's Future
Analyst Crypto Patel anticipates a breakout for Mantle's price at the resistance level of $0.82. If this level is surpassed, significant price increases up to $1.42, $3, and even $5 may occur. Positive signals on charts and active trading volumes indicate potential for further growth.
With a corrective phase, Mantle continues to attract investor interest, while strong signals on charts may predict further price increases.