Mantle Price Ready to Moon? The Shocking Truth

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Key Takeaways

Does Mantle have enough momentum?

On the day’s chart, it wore a bullish coat, though the week shuffled like a dog on a chain. On the one-hour chart, it flipped its hat and turned bullish again.

Can Mantle set new highs soon?

The $1.69-$1.73 supply zone and the $1.86 crest must be hauled overboard for the next rise to appear.

Mantle [MNT] struck a fresh all-time high of $1.91 on Tuesday, 23 September. As I set my spectacles to gaze into the coming weeks, the outlook looked as friendly as a river breeze, with talk of climbs to $2.34, $2.64, and maybe even the $3 mark.

But, like a fog over the Mississippi, Bitcoin [BTC] has stepped into a correction, and the whole market seems a touch cautious about this week’s price doings. So MNT, for the nonce, may slide into a bit of rangeboundness in the short spell.

On the 1-day chart, the trend has strutted bullish since August. When Mantle busted through the stubborn $0.84 hurdle that had stood in its path since March, the buyers swarmed in like lanterns at a riverboat landing. The OBV sang a higher tune of buying pressure, beginning to climb in July.

The 20- and 50-day moving averages kept steady bullish wind in their sails and served as dynamic support where a fellow might lean. At the moment, MNT was bouncing higher from the 20-SMA at $1.6.

The Awesome Oscillator threw red bars on its histogram, a sign of weaker bullish momentum over the past week. In that span, the bulls met resistance around the $1.8 zone.

Bitcoin’s correction, still afoot, has cooled market spirit a touch. The Fibonacci retracement shows key bolsters at about the $1.47, $1.377, and $1.245 levels if Mantle should stumble.

Nevertheless, a grand dive isn’t forecast just yet. A push past $1.8 looks likelier, and that could carry Mantle to $2.04 and $2.34.

Short-term MNT price prediction

Since the second week of September, MNT has traded within a range (cyan) from $1.52 up to $1.86. The mid-range wall at $1.69 stood in the way of further gains for the moment.

The 1-hour chart flagged a supply zone from $1.69-$1.73. MNT slipped below this zone on Thursday, 25 September, and hasn’t managed to climb back over since.

Finally, the Awesome Oscillator signaled a bullish momentum shift with a crossover above the zero line. Yet the OBV stayed quiet compared to the week’s kickoff, suggesting buying pressure hadn’t seized the lower timeframes in a hurry. 😅🤠💹

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2025-09-27 00:11