Could It Be a Good Time to Buy Manta? 🤔📈

Manta is currently seeing the $1 level as a strong support point. 🚀 The project’s Gas Gain and Expedition events have significantly increased the usage of the network, increasing the demand for Manta Coin. 💡 While all these developments are happening, Manta Coin continues to rise slowly. 📊

Manta is performing much better than $STRK , $SCR and $ZK Coins. 🔥 Now, let’s take a look at the technical data:

According to our current Manta Network price prediction, the price of Manta Network is expected to increase by 224.37% by January 13, 2025, reaching $3.64. 💥 According to technical indicators, the market is generally neutral at the moment.

However, the Fear & Greed Index is showing 83 (Extreme Greed), which shows great excitement in the market. 🔥

Manta Network has had 18/30 (i.e. 60%) green days in the last 30 days, and the price volatility is 17.43%. This means that Manta could be a good buying opportunity right now. 📉📈

According to technical indicators, Manta Network’s 200-day SMA (Moving Average) will continue to rise in the coming month and is expected to reach $1.05 by January 13, 2025. 📅 In the short term, the 50-day SMA is forecasted to rise to $1.78. 💵

The RSI (Relative Strength Index) is currently at 56.33, which suggests that Manta is in a neutral position. This is a signal that Manta is neither oversold nor overbought. ⚖️

Finally, according to the current classic pivot point (P1), support levels for Manta Network are at $1.09, $1.06 and the strongest support point is $1.04. 🔒 Resistance levels are determined as $1.14, $1.16 and $1.18. 🚀

In conclusion, the rise may continue, but as with any investment, caution should be exercised! 💡📈