Mantle (MNT) Price Prediction 2023, 2024, 2025-2030

• Bullish MNT price prediction for 2023 is $0.5168 to $0.6038.
• Mantle (MNT) price might reach $1 soon.
• Bearish (MNT) price prediction for 2023 is $0.3853.

In this Mantle (MNT) price prediction 2023, 2024-2030,  we will analyze the price patterns of MNT by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency. 

TABLE OF CONTENTS

INTRODUCTION

Mantle (MNT) Current Market Status What is Mantle (MNT)? Mantle (MNT) 24H Technicals

MANTLE (MNT) PRICE PREDICTION 2023

Mantle (MNT) Support and Resistance Levels Mantle (MNT) Price Prediction 2023 — RVOL, MA, and RSI Mantle (MNT) Price Prediction 2023 — ADX, RVI Comparison of MNT with BTC, ETH

MANTLE (MNT) PRICE PREDICTION 2024, 2025, 2026-2030

CONCLUSION

FAQ

Mantle (MNT) Current Market Status

Current Price	$0.516
24 – Hour Price Change	5.57% Up
24 – Hour Trading Volume	$108,054,578
Market Cap	$1,602,238,532
Circulating Supply	3,105,990,005 MNT
All – Time High	$0.594 (On Jul 21, 2023)
All – Time Low	$0.3136 (On Oct 18, 2023)

What is Mantle (MNT)

TICKER	MNT
BLOCKCHAIN	Ethereum
CATEGORY	Layer 2 Blockchain
LAUNCHED ON	17 July 2023
UTILITIES	Governance, security, gas fees & rewards

Mantle Network positions itself as a technology stack designed to enhance the scalability of Ethereum, emphasizing EVM (Ethereum Virtual Machine) compatibility. The commitment to EVM compatibility ensures seamless functionality for contracts and tools, requiring minimal adjustments for migration from Ethereum to Mantle Network. This compatibility enables users to explore a diverse range of web3 applications, while developers benefit from an efficient, low-fee environment for deploying smart contracts.

At its foundational level, Mantle Network adopts a modular architecture that integrates an optimistic roll-up protocol with an innovative data availability solution. This unique combination not only inherits the security features of Ethereum but also introduces cost-effectiveness and increased accessibility in terms of data availability. Mantle Network’s approach aims to contribute to the broader blockchain ecosystem by addressing scalability challenges while maintaining compatibility with the established Ethereum infrastructure.

Mantle 24H Technicals

(Source: TradingView)

Mantle (MNT) Price Prediction 2023

Mantle (MNT) ranks 41st on CoinMarketCap in terms of its market capitalization. The overview of the Mantle price prediction for 2023 is explained below with a daily time frame.

MNT/USDT Ascending Channel Pattern (Source: TradingView)

In the above chart, Mantle (MNT) laid out an ascending channel pattern, also known as the rising channel. The upper and lower trend lines that connect the higher highs and higher lows respectively appear to move within a rising slope. This pattern is generally a characteristic of a bullish trend.

At the time of analysis, the Mantle (MNT) price was $0.516. If the pattern trend continues, then the price of MNT might reach the resistance levels of $0.5489 and $0.7691. If the trend reverses, then the price of MNT may fall to the support of $0.4521, $0.3928, and $0.3072.

Mantle (MNT) Resistance and Support Levels

The chart given below elucidates the possible resistance and support levels of Mantle (MNT) in 2023.

MNT/USDT Resistance and Support Levels (Source: TradingView)

From the above chart, we can analyze and identify the following as resistance and support levels of Mantle (MNT) for 2023.

Resistance Level 1	$0.5168
Resistance Level 2	$0.6038
Support Level 1	$0.4511
Support Level 2	$0.3853

MNT Resistance & Support Levels

Mantle (MNT) Price Prediction 2023 — RVOL, MA, and RSI

The technical analysis indicators such as Relative Volume (RVOL), Moving Average (MA), and Relative Strength Index (RSI) of Mantle (MNT) are shown in the chart below.

MNT/USDT RVOL, MA, RSI (Source: TradingView)

From the readings on the chart above, we can make the following inferences regarding the current Mantle (MNT) market in 2023.

INDICATOR	PURPOSE	READING	INFERENCE
50-Day Moving Average (50MA)	Nature of the current trend by comparing the average price over 50 days	50 MA = $0.4074Price = $0.5144 (50MA < Price)	Bullish(Uptrend)
Relative Strength Index (RSI)	Magnitude of price change;Analyzing oversold & overbought conditions	64.3193 <30 = Oversold 50-70 = Neutral>70 = Overbought	Neutral
Relative Volume (RVOL)	Asset’s trading volume in relation to its recent average volumes	Below cutoff line	Weak Volume

Mantle (MNT) Price Prediction 2023 — ADX, RVI

In the below chart, we analyze the strength and volatility of Mantle (MNT) using the following technical analysis indicators — Average Directional Index (ADX) and Relative Volatility Index (RVI).

MNT/USDT ADX, RVI (Source: TradingView)

From the readings on the chart above, we can make the following inferences regarding the price momentum of Mantle (MNT).

INDICATOR	PURPOSE	READING	INFERENCE
Average Directional Index (ADX)	Strength of the trend momentum	42.7554	Strong Trend
Relative Volatility Index (RVI)	Volatility over a specific period	57.48 <50 = Low >50 = High	High Volatility

Comparison of MNT with BTC, ETH

Let us now compare the price movements of Mantle (MNT) with that of Bitcoin (BTC), and Ethereum (ETH).

BTC Vs ETH Vs MNT Price Comparison (Source: TradingView)

From the above chart, we can interpret that the price action of MNT is similar to that of BTC and ETH. That is, when the price of BTC and ETH increases or decreases, the price of MNT also increases or decreases respectively.

Mantle (MNT) Price Prediction 2024, 2025 – 2030

With the help of the aforementioned technical analysis indicators and trend patterns, let us predict the price of Mantle (MNT) between 2024, 2025, 2026, 2027, 2028, 2029 and 2030.

Year	Bullish Price	Bearish Price
Mantle (MNT) Price Prediction 2024	$2.2	$0.35
Mantle (MNT) Price Prediction 2025	$3.5	$0.3
Mantle (MNT) Price Prediction 2026	$4.8	$0.25
Mantle (MNT) Price Prediction 2027	$5	$0.2
Mantle (MNT) Price Prediction 2028	$6.3	$0.15
Mantle (MNT) Price Prediction 2029	$7.5	$0.1
Mantle (MNT) Price Prediction 2030	$8.7	$0.5

Conclusion

If Mantle (MNT) establishes itself as a good investment in 2023, this year would be favorable to cryptocurrency. In conclusion, the bullish Mantle (MNT) price prediction for 2023 is $0.6038. Comparatively, if unfavorable sentiment is triggered, the bearish Mantle (MNT) price prediction for 2023 is $0.3853. 

If the market momentum and investors’ sentiment positively elevate, then Mantle (MNT) might hit $1. Furthermore, with future upgrades and advancements in the Mantle ecosystem, MNT might surpass its current all-time high (ATH) of $0.594 and mark its new ATH. 

FAQ

1. What is Mantle (MNT)?

Mantle Network positions itself as a technology stack designed to enhance the scalability of Ethereum, emphasizing EVM (Ethereum Virtual Machine) compatibility. 

2. Where can you buy an Mantle (MNT)?

Traders can trade Mantle (MNT)  on the following cryptocurrency exchanges such as Bybit, MEXC, BingX, Huobi, Gate, Coinone and Korbit

3. Will Mantle (MNT)  record a new ATH soon?

With the ongoing developments and upgrades within the Mantle platform, Mantle (MNT)  has a high possibility of reaching its ATH soon.

4. What is the current all-time high (ATH) of Mantle (MNT)?

Mantle (MNT) hit its current all-time high (ATH) of $0.594 on Jul 21, 2023.

5. What is the lowest price of Klaytn (KLAY)?

According to CoinMarketCap, KLAY hit its all-time low (ATL) of $0.3136 on Oct 18, 2023.

6. Will Mantle (MNT)  hit $1?

If Mantle (MNT)  becomes one of the active cryptocurrencies that majorly maintain a bullish trend, it might rally to hit $1 soon.

7. What will be the Mantle (MNT)  price by 2024?

Mantle (MNT)  price might reach $2.2 by 2024.

8. What will be the Mantle (MNT)  price by 2025?

Mantle (MNT)  price might reach $3.5 by 2025.

9. What will be the Mantle (MNT)  price by 2026?

Mantle (MNT)  price might reach $4.8 by 2026.

10. What will be the Mantle (MNT)  price by 2027?

Mantle (MNT)  price might reach $5 by 2027.

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 Disclaimer: The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.

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