Mantle (MNT) Climbs to Significant Resistance – Could a Bullish Breakout Be Imminent?

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: Aug 20 2025

Market Overview: The cryptocurrency market is experiencing a downturn, with Ethereum (ETH) dropping 10% to $4,150, impacting several major altcoins.
Mantle's Performance: Despite the market struggles, Mantle (MNT) has shown resilience, gaining 8% today and over 73% for the month, approaching a critical resistance level.
Technical Analysis: Mantle is forming a double bottom pattern on the weekly chart, indicating a potential bullish reversal, with current price testing neckline resistance between $1.38 and $1.41.
Future Projections: A breakout above the neckline could lead to a rally towards $2.27, representing a potential 62% increase, although a retest of the neckline may occur before further upward momentum.

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.

Mantle (MNT) Climbs to Significant Resistance – Could a Bullish Breakout Be Imminent?

About the author

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