#MDT : Analysts Bullish, but Breakout Awaited
Analysts also turned their attention to MDT Measurable Data Token (MDT), a cryptocurrency operating in the AI space. Analysts highlighted MDT’s low market capitalization compared to other AI-focused projects, suggesting it has significant upside potential.
According to MDT is currently trading at around $40 million market cap and is forming an ascending triangle pattern on the charts. The analyst believes MDT could potentially achieve 10x to 20x gains in the long term, citing the project’s active development team as a positive factor.
Echoing similar sentiments, MDT’s extended accumulation phase and provided ambitious price targets, “#MDT/USDT Only $40mln Market Cap & it’s 1456 Days of Accumulation $MDT is definitely preparing for some big rally I can call this coin is a Gem with no doubt TP1 – 0.27875$ TP2 – 0.43930$ TP3 – 0.59820$ TP4 – 0.75715$.”
While optimistic about MDT’s potential, both analysts agreed that a decisive breakout is needed before the next major move. They suggested that traders may want to wait and observe how the resistance level plays out before increasing their positions.