Manta Coin Showed a 12% Increase in the Last Week.

Manta Token, which is at the heart of the $MANTA network, has started to rise. As of the date of writing, the token has increased by around 7% in the last 24 hours and has increased by 12% in the last week.

#btc has a big share in the increase of #MANTA . The leading cryptocurrency Bitcoin has increased by 10% in the last week.

The price of Bitcoin briefly reached $ 60,000 with the higher than expected US PPI data, and this increased hopes for the interest rate cut cycle of #Fed . This triggered a price increase in altcoins, especially Manta.

The Manta Network price is currently forecasted to increase by 228.15% by October 14, 2024, reaching $2.31.

The current price, currently at $0.70, has shown a volatility of 7.80% in the last 30 days, with 53% of green days recorded.

Technical indicators predict that the 200-day Simple Moving Average (SMA) will drop to $1.430463 and the 50-day SMA will reach $1.119465 in the coming month. The Relative Strength Index (RSI) is at 48.45, indicating that Manta Network is in a neutral position.

Support levels are determined as $0.676665, $0.650144, and the strongest support is $0.631847, while resistance levels are listed as $0.721484, $0.739781, and $0.766302.

The sentiment is neutral and the Fear and Greed Index is at 50 (neutral).