The current price of Mantle (MNT) has surged significantly, increasing by 12.11% within 24 hours, leading to stronger bullish sentiments in the cryptocurrency market.
Mantle Price Analysis
In the last 24 hours, the Mantle token has demonstrated bullish price action, increasing by 12% and securing the 35th market capitalization rank of $4.179 billion. The Relative Strength Index (RSI) indicates the token has recovered from oversold territory, suggesting a positive outlook.
Mantle Price Forecast: Will It Reach $2?
If the market continues to favor the bulls, Mantle's price could reach its resistance of $1.27. Staying above this level could push the price towards $1.40. Conversely, a trend reversal may see the price retest support at $1.14 and possibly fall to $1.
FAQs
The MNT token has surged over 300% from its all-time low, indicating a significant increase in adoption. The 2025 price prediction suggests reaching $2.31, given sustained bullish sentiment. As of today, MNT trades at $1.2458 with a 24-hour trading volume of $255.42 million.
The recent increase in Mantle's price indicates positive changes in the cryptocurrency market. If the bullish sentiment persists, this may enhance the token's position further.