Crypto Specialist Predicts: The Best Altcoins to Buy at Low Prices Right Now

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: Jun 12 2024

MNT+0.26%

NEAR-1.601%

DYM+0.706%

Should l Buy MNT?

Altcoin Interest Surge: Growing interest in altcoins during the 2024 crypto bull run.
CYBRO Presale Opportunity: CYBRO DeFi platform offers a presale with potential ROI of 1200%.
NEAR Protocol Price Overview: NEAR faces correction phase but shows future growth potential.
Mantle (MNT) Price Analysis: MNT price correction with potential bounce near $0.75 support.
RNDR and DYM Trends: RNDR and DYM prices in corrective moves, while DYM shows strong long-term growth.

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Technical Analysis for MNT

Technical Sentiment Analysis for Mantle (MNT) As of , Mantle (MNT) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for MNT stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, MNT is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.

Mantle (MNT) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	0.281	0.403	0.538	0.659	0.794	0.916	1.051
Fibonacci	0.403	0.501	0.561	0.659	0.757	0.818	0.916

About MNT

Mantle is building the largest sustainable hub for on-chain finance. Through its core products — Mantle Network, mETH Protocol, and FBTC — Mantle is building banking for the next generation by leveraging the transformative power of blockchain. Anchored by the Mantle Treasury, the largest community-owned treasury in the ecosystem, Mantle ensures robust liquidity and financial stability. With over $4.3 billion in assets, it actively funds core product development and fosters the growth of asset partners, such as Agora AUSD, Ethena USDe, Ondo USDY, and EigenLayer restaking, enhancing sustainable yield, deep liquidity, and financial utility on the Mantle Network.MNT is the native token used for:$MNT powers Mantle’s ecosystem, serving as the cornerstone for governance, staking, and driving innovation across the decentralized economy.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

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