Mantle (MNT), the Layer 2 scaling solution on Ethereum showed that the price of its guide token re -checks the key level of $ 1, despite some serious losses for other altcoins.
MNT was one of several crypto -toxies who traded green over the past 24 hours during the Asian trading session on January 21.
Mantle (MNT) will re -test the mark of $ 1
4% of the profit of the Mantle Token, which reached the fact that it reached the intraudic maximum of $ 1.06, reached Bitcoin, fighting more than 101 thousand dollars, and Ethereum – $ 3200.
Both BTC and ETH have fallen by more than 4% over the past 24 hours, since the crypto -Yelidation reached $ 630 million a day after the US President Donald Trump took office.
It is noteworthy that Crypto and BTC did not participate during the inauguration of Trump, and not one of the first executive orders signed by the president. Nevertheless, with most merchants is optimistic, Longs suffered from more pain, since crypto -industry reacted below.
Analysts, however, are bull -dull.
Among 100 leading cryptocurrencies on market capitalization, MNT joined Raydium, AI16Z and Gate Token as the best win.
This saw how the bulls would rise to $ 1, putting MNT at the previous level of support and assuming that the further upward impulse can lead to the fact that all the time will be $ 1.51. Mantla Price reached this milestone in April 2024.
Price MNT: Key network metrics
Currently, MNT/USD is hovering in the range of $ 1.03-1.06 US dollars.
As can be seen at the 4-hour table below, the relative force index and indicators of sliding of the average average indicator suggest that customers have the top.
RSI rises above 52, while the MACD indicator has a strengthening of a histogram after a bull crossover.
According to Coinglass, Mantle looks bull, despite the 24-hour liquidation of more than 43 thousand dollars. USA.
An open percentage for MNT is positive with open positions of more than $ 33 million.
Meanwhile, Defillama Data shows that the total cost of Mantle remains above $ 500 million.
This sees how in July 2024 they soar the TVL within reach of 708 million dollars. A higher TVL offers a bull position by the community.
Mantle has most of this value blocked in lending, decentralized exchange, productivity, derivatives and protocols of the transverse chain.
Another key indicator is an active and new address.
Data from Intotheblock show an increase in active and new addresses, since the price of MNT has increased from minimums by $ 0.95 to US dollars to $ 1.06.
The number of addresses of the zero balance also showed a small blow in the period from January 20 to January 21.
In and outside the money it was shown that almost 69% of the owners make a profit with the next major obstacle in the zone from 1.16 to $ 1.45.
Postle Mantle price forecast: MNT -replacement testing of a critical level of support was the first on Invezz
