CandleFocus Mantle (MNT) Eyes $2 Amidst a Bullish Surge
2024-12-06
Author: Content Editor
The global market cap of cryptocurrencies has decreased by over 3.10% to $3.58 trillion. The altcoin market is gaining attention, with Ethereum entering a bullish territory and other altcoins experiencing price breakouts. Mantle (MNT) has seen a surge of over 12.50% with a market cap of $3.97 billion and is currently trading at $1.18 with a daily trading volume of $239 million. Over the past thirty days, MNT has had a surge of over 102% and gained 37.43% in the past seven days. The bullpower dominates the market and if MNT bulls strengthen, the price may rally to $1.25 or even higher. If bears regain control, the price might drop to $1.12 or even lower. The technical indicators suggest an ongoing bullish outlook, with the MACD line positioned above the signal line and the Chaikin Money Flow indicator reflecting increased accumulation of the asset. The daily trading volume of MNT has declined by over 21.75%.
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