MNT price breakout faces fakeout fears, but fundamentals stay strong
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Aug 05 2025MNT Price Surge and Technical Analysis: MNT has broken above the $0.82–$0.85 resistance zone for the first time since February, surging over 20%, but technical indicators suggest a potential fakeout due to bearish RSI divergence.
Strong Fundamentals Support Growth: Despite technical concerns, Mantle's strong fundamentals, including a large ETH-backed treasury and recent institutional partnerships, indicate potential for long-term growth, making pullbacks attractive for buyers.
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.
