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Mantle Price Surges 12% After Trump’s Crypto Executive Order! $2 Within Reach?

Published by
Elena R

U.S. President Donald Trump signs an executive order promoting cryptocurrencies. This has resulted in the market experiencing a strong bullish recovery. Moreover, the Mantle token records a double-digit surge, resulting in it bagging the highest 24-hour gains among the top 100 cryptos.

With the rising bullish sentiment in the crypto space, is this a good time to invest in altcoins before the AltSeason kicks in? CoinPedia’s expert panel has uncovered the possible short-term Mantle Price Analysis today.

MNT Coin Price Records A Strong Bullish Reversal!

The Mantle token has maintained its bullish price action by adding over 12% in 24 hours and 34.73% this week. Moreover, with a 7-day return of +10%, this altcoin has secured the 35th position with a market capitalization of $4.179 billion.

The Relative Strength Index (RSI) successfully retests its oversold range in the daily time frame. This has resulted in it recording a sharp spike toward the overbought range with its average trendline recording a bullish convergence. This suggests a positive outlook in the coming time.

Further, the 50-day EMA indicator experiences a positive crossover with its 200-day constant supporting the Mantle price chart in the 1D time frame. This highlights increased buying-over-selling pressure for the altcoin in the crypto market.

Will MNT Price Reach $2?

If the market continues favoring the bulls, this could result in the price of Mantle retesting its important resistance level of $1.27. Maintaining the price above that level could push the price toward its upper high of $1.40 this month.

On the contrary, if a trend reversal occurs, the MNT coin price will retest its support level of $1.14. Further, if the bears outrun the bulls, this could pull the price toward its low of $1.

Planning on investing in MNT crypto token before it achieves the $1 mark? Read CoinPedia’s Mantle Price Prediction to uncover the long-term possibilities!

FAQs

Is Mantle a good investment?

The MNT price has surged over 300% from its ATL of $0.3136, highlighting a significant increase in the adoption process.

What is the MNT Price Prediction for 2025?

Suppose, the bullish sentiment sustains, this could result in this altcoin heading toward its yearly high of $2.31.

What is the price of Mantle today?

With a 24-hour trading volume of $255.42 million, the MNT crypto is exchanging hands at $1.2458.

Elena R

Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing - accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.

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