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Manta Network Price Prediction: MANTA Pumps 30%, But Analysts Say This Booming ICO Might Be The Best Crypto To Buy Now

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Manta Network price
Manta Network price

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The Manta Network price surged 30% in the last 24 hours to trade for $3.0760 as of 3:30 a.m. EST time on trading volume that soared 101%.

With this sharp rise, the MANTA token has merited a position on Coingape’s trending list alongside HONK, Bitcoin (BTC), Solana (SOL), SatoshiVM (SAVM), and MYRO.

It is also on the BiKingex list of hot tokens, alongside SOL, Sui, and Celestia (TIA). These tokens are currently highly regarded assets, poised to lead the upcoming leaderboard.

Analysts say the Manta Network price is poised for more gains, with one trader highlighting that “MANTA coin looking super bullish, ready to take off.”

Manta Network Price Outlook

The Manta Network price is falling, with the Relative Strength Index (RSI) showing falling momentum even as it continues moving below its signal line (yellow band). However, its position above the 50 midline inspires hope, as it points to strong price strength.

Furthermore, the Moving Average Convergence Divergence (MACD) indicator remains above its midline in positive territory. This shows the bulls have the upper hand. The same outlook is seen on the Awesome Oscillator (AO), with both indicators accentuating the bullish outlook.

If the bulls seize the opportunity, they could push the Manta Network price north, reclaiming the range high at $3.3330. In a highly bullish case, MANTA could clear this blockade to record a higher high at the $3.4000 psychological level, or higher.

MANTA

TradingView: MANTA/USDT 1-hour chart

On the other hand, if the bears have their way, the Manta Network price could extend the ongoing fall, slipping below the $3.0000 psychological level to test the $2.8194 support. Lower, the load-shedding exercise could see MANTA fall back to tag the 50-day Simple Moving Average (SMA) at $2.7539.  into the supply zone between $2.5283 and $2.6713. A break and close below its midline at $2.6024 would confirm the continuation of the downtrend.

In the worst-case scenario where the supply zone fails to hold as a support, the Manta Network price could extend the fall to the demand zone between $2.1528 and $2.2493.

Meanwhile, many analysts are turning their attention to MK, a booming ICO that might be the best meme coin to buy now.

Promising Alternative To MANTA

MK is the powering token for the Meme Kombat ecosystem, which calls itself as “an innovative gaming platform designed for enthusiasts.” The project’s presale has already drawn more than $7.4 million of funds with the token currently selling for $0.279.

Meme Kombat allows MK holders to participate in battles, represented by different meme characters. The choice depends on the betting odds or your preference for the meme coin to use. Beyond the regular battles, there are also other larger, more hyped battles where gamers can participate with the potential to win large prizes.

MK token holders do not need to wait for battles and can begin earning annual percentage returns or yields (APY) on $MK tokens today by buying the presale. Currently, the APY is as high as 126% but continues to reduce.

MK Stakes

You would be wise to leverage first mover advantage for high APY even as the number of stakers continues to reduce.

Visit Meme Kombat to buy MK in the presale here.

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