- The MANTA crypto price has dropped by 32% in the past 2 weeks.
- The 24-hour trading volume of Manta Network has increased by 45%.
Manta Network (MANTA) price is currently in the bulls’ grip. The price has registered a new all-time high of $3.89 on January 28, 2024. Manta Network crypto price had been in a bullish trend but was disturbed near the $3.75 hurdle and dropped by 30% in two weeks.
Currently, the Manta Network price is taking a pullback and trying to defend the $2.50 mark as displayed on the chart. After a fall, the MANTA cryptocurrency price has held near $2.50 for the last three days and the next candle has surpassed the last candle’s high.
The Manta Network crypto price is trading at $2.78, which is up by 1.27% in the last 24 hours. The market capitalization of MANTA is $699.65 million and the fully diluted market cap is $2.78 billion.
The trading volume of Manta Network is $254.40 million and according to the trading volume, MANTA ranks 28th in the cryptocurrency market. The circulating supply of Manta Network is 251,000,000 MANTA and the total supply is 1,000,000,000 MANTA.
Will MANAT Network Price Extend to $4 Mark by This Month?
On a daily timeframe, the Manta Network crypto price has performed positively but it has currently fallen to the support level of $2.50. If the MANTA crypto price forms a bullish candlestick on the support levels and enters the $3.00 hurdle, the buyers may lift it to the last swing high and an all-time high can be registered.
On the other hand, if the Manta Network price fails to defend the support and slips below the $2.50 mark, selling pressure can be generated and profit booking can be observed.
Technical Analysis of MANTA on a 4-Hour Timeframe
Manta Network price has formed a double-bottom pattern over the 4-hour time frame. The MANTA coin price has surpassed the 20-day moving average but failed to sustain the 10-day EMA.
Currently, the Manta Network price is staying between the 20-day and 100-day moving average. If the price slips below the 20-day EMA, it may easily hit the $2.60 mark. On the other hand, if the Manta Network price rises over the 100-day moving average, the it may perform positively for the next few days.
Manta Network Price Prediction FAQs
What is the MANTA price prediction today?
The MANTA crypto price is predicted to gain 3.35% to hit $2.82 by today.
What is the Manta Network price prediction tomorrow?
Based on our analysis, the MANTA price is forecasted to remain bullish and may gain 4.23% to reach $2.90 by tomorrow.
What is the current MANTA price sentiment?
The current Manta Network price prediction sentiment is bullish according to our technical analysis.
What is the Manta Network price forecast for this week?
According to our analysis, the Manta Network price is forecasted to perform positively. The price may range between $2.58 to $3.41 by this month.
Conclusion
Based on the current market trends and technical analysis, the Manta Network (MANTA) price seems to be in a bullish trend and may continue to perform positively in the coming days. However, it is important to note that cryptocurrency prices are highly volatile and subject to sudden changes. So, it is always recommended to do your research and invest wisely.
Technical Levels
Resistance: $3.04 & $3.75
Support: $3.50 & $3.12
Disclaimer
Investing in cryptocurrencies and other Initial Coin Offerings (“ICOs”) is especially volatile and speculative, and this article does not advise investing in cryptocurrencies or other ICOs. Since everyone is unique, a certified professional should be continually consulted before making any economic decisions.