🌊 Will Manta Coin Exceed $1? 💰
One of the questions on the agenda of the crypto world: Why isn't Ethereum rising? 🤔
The answer is simple: Bitcoin hasn't reached saturation point yet and the flow of money to altcoins hasn't started. In addition, the institutional focus on Bitcoin is delaying the transition to Ethereum and #Altcoin s.
📉 So what will happen next?
Money is expected to flow to Ethereum first, then to the most popular Layer 2 projects (L2) ( $ARB , $STRK ). In this process, projects like $MANTA Coin are likely to make a significant leap.
Technical Analysis Data 📊
🔮 Price Prediction: Manta Network price is expected to reach $2.99 in January 2025! This is an increase of 224.30% from today's price. 🚀
📈 Moving Averages (SMA): 200-Day SMA: It could reach $1,001 in January 2025. 50-Day SMA: It could see $1,502 in the short term. 📊 RSI (Relative Strength Index): The RSI is currently at 49.03, meaning the market is neutral. This is neither overbought nor oversold.
📍 Support and Resistance Levels: Support Levels: $0.906 $0.865 $0.843 (strongest support)
Resistance Levels: $0.969 $0.991 $1.032
🔄 2024 Price Range: Manta Network is expected to trade between $0.923 and $1.282. The average price is expected to be $1,086. This means a 47.03% gain on an annual basis. 🎯
Conclusion 🧩
Manta Coin is promising in the long term. However, general market conditions and investor interest are very important. Following these levels is critical to making the right decisions! 💡
Don't forget to share your views in the comments! 🗣️✨