Interaction on the Manta Network is Increasing, in the last 30 days the network has risen to 4th place among all L2s. This interaction increase may greet us with a big price explosion in the altcoin bull.
The most important situation for $MANTA and other altcoins is the interest rate decision and the US elections. In fact, these factors will definitely determine the direction for 30232777282, while in a positive situation it will allow money to flow into altcoins.
The expected saturation point for Bitcoin has not yet been fully formed. It seems a bit difficult for money to flow into altcoins without reaching this point. According to our current Manta Network price forecast, the 03859431362 Network price is expected to increase by 228.48% by October 8, 2024 and reach $ 2.07.
According to our technical indicators, the current sentiment is Bearish while the Fear and Greed Index is showing 29 (Fear). Manta Network has recorded 14/30 (47%) green days in the last 30 days with a price volatility of 7.55%.
According to our technical indicators, Manta Networkâs 200-day SMA is set to decline in the coming month and is expected to reach $1.447339 by October 08, 2024. Manta Networkâs short-term 50-day SMA is forecasted to reach $1.046754 by October 08, 2024.
The Relative Strength Index (RSI) momentum oscillator is a popular indicator that signals whether a cryptocurrency is oversold (below 30) or overbought (above 70).
Currently, the RSI value is at 38.30, which suggests that the MANTA market is in a neutral position.
đResistance Levels: R3: $0.69337 - R2: $0.6739 - R1: $0.66282
đPivot Point: Pivot: $0.64334
đSupport Levels: S1: $0.63226 - S2: $0.61278 - S3: $0.60171
These levels can help you determine Manta Network's support and resistance points according to price movements.
Fed, 51985201094When we say US elections, our direction will be clearer with the September 18 fair decision and the maturation of the elections.
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