- MACD shows a bearish crossover with RSI in the neutral zone, while EMA indicates a short-term weakness within a long-term uptrend.
- Mantle’s (MNT) DEXs cross $1 billion in cumulative volume, signaling strong ecosystem activity and growing trader participation.
- MNT’s price is expected to drop by 24.73%.
Mantle (MNT), a layer 2 network that has been building towards scalability and efficiency, has been gathering momentum as on-chain activity and developer interest rise. As Q4 arrives, traders are focusing on whether MNT can boost this momentum and create a potential bullish rally in the upcoming months.
Current Price Overview
Mantle (MNT) currently has a market capitalization of approximately $5.43 billion, with a trading volume of about $216.26 million in the last 24 hours. At press time, the altcoin is trading at $1.67, having increased by 1.59% over the past 24 hours.
The price is moving in a bullish trend and is currently testing a resistance level near $1.85. If it breaks above this, the next target could be $2.00. On the downside, the support level is around $1.60. If the altcoin falls below this level, we might see a drop towards $1.50.
The blue line indicates the resistance level at $1.85, while the yellow line represents the support level at $1.60.
Also Read: Mantle (MNT) Pushes Higher Toward $2.87 With Strong Volume
Key Technical Indicators
The Moving Average Convergence Divergence (MACD) of Mantle indicates a bearish crossover, suggesting that the price may decrease temporarily. The signal line above the MACD line indicates a bearish crossover. The blue line represents the MACD line, while the orange line indicates the signal line.
The Relative Strength Index (RSI) of MNT indicates normal buying and selling activity in the altcoins network, as the median is shown between 60 and 40. The RSI values of 47.96 and 46.61 indicate neutral market conditions, suggesting normal buying and selling activity.
MNT is in a brief short-term consolidation near resistance but still holds its overall uptrend pattern. The altcoin is trading below both the EMA 13 ($1.78) and EMA 48 ($1.72), indicating short-term bearish pressure. Yet, the EMA 200 is still rising, maintaining the long-term bullish trend. It has the potential to restore momentum if it breaks through $1.78.
Mantle Reaches $1B Milestone in Cumulative DEX Trading Volume
Mantle has reached a significant milestone in growth, with total trading volume on its decentralized exchanges (DEXs) exceeding $1 billion. Such momentum indicates increasing user activity and growing liquidity within the Mantle platform, driven by consistent daily volumes above $4 million.
Coincodex MNT Price Outlook
According to Coincodex’s current price prediction for the altcoin, the price is expected to drop by 24.73% and reach $ 1.26 by November 22, 2025. Based on the MNT forecast, it’s now a bad time to buy the altcoin.
In 2025, Mantle (MNT) is expected to trade within a range of $1.17 to $1.67, resulting in an average annualized price of $1.33. This could result in a potential return on investment of a negative 0.88% compared to the current rates.
Mantle (MNT) has been consolidating in recent weeks, but improving on-chain activity and rising Layer-2 adoption hint at renewed upside potential heading into Q4 2025.
Also Read: Mantle (MNT) Strengthens Its Rally With $3.60 as the Next Bullish Target
