{"id":375862,"date":"2023-02-16T09:00:59","date_gmt":"2023-02-16T14:00:59","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=375862"},"modified":"2023-02-16T09:00:59","modified_gmt":"2023-02-16T14:00:59","slug":"metal-dao-mtl-price-prediction-1-10494-resistance-will-likely-turn-to-support","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/metal-dao-mtl-price-prediction-1-10494-resistance-will-likely-turn-to-support","title":{"rendered":"Metal DAO (MTL) Price Prediction: $1.10494 Resistance Will Likely Turn To Support"},"content":{"rendered":"<p><span style=\"font-weight: 400\">Metal DAO is making progress in the market today, returning to <\/span><a href=\"https:\/\/coinmarketcap.com\/currencies\/metal\/historical-data\/\"><span style=\"font-weight: 400\">the $1 level<\/span><\/a><span style=\"font-weight: 400\"> it attained on February 12, 2023. The trading volume of the asset has increased by 32.66% today. Metal DAO has traded between $0.9 and $1 from January 20, 2023, up to date.&nbsp;<\/span><\/p>\n<h2>Factors That Could Be Behind The Metal DAO Price Surge<\/h2>\n<p><span style=\"font-weight: 400\">Meta DAO (MTL) is the utility token that governs Metal Dollar (XMD), a stablecoin. It provides <\/span><span style=\"font-weight: 400\">trading discounts<\/span><span style=\"font-weight: 400\"> to MTL holders that use the Meta Pay cash and crypto app. Also, Meta Pay customers with up to 10,000 MTL tokens will not be charged on crypto purchases on the platform.<\/span><\/p>\n<p><span style=\"font-weight: 400\">&nbsp;Here are some events that could be driving the rally on the network.<\/span><\/p>\n<h3>Metal Pay Creates Avenue For Faster Payments<\/h3>\n<p><span style=\"font-weight: 400\">Metal DAO aims to simplify its financial service for users without blockchain or FinTech knowledge. The Metal Pay platform is the solution created by Metal DAO to simplify financial services for users.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Forgot <a href=\"https:\/\/twitter.com\/hashtag\/ValentinesDay?src=hash&amp;ref_src=twsrc%5Etfw\">#ValentinesDay<\/a>?<\/p>\n<p>Send your special someone a personalized message and some <a href=\"https:\/\/twitter.com\/hashtag\/crypto?src=hash&amp;ref_src=twsrc%5Etfw\">#crypto<\/a> to show you're thinking of them!<\/p>\n<p>Send Cash &amp; Crypto with no fees!<a href=\"https:\/\/t.co\/AU5QnWsrH5\">https:\/\/t.co\/AU5QnWsrH5<\/a> <a href=\"https:\/\/t.co\/svA0c2RH5E\">pic.twitter.com\/svA0c2RH5E<\/a><\/p>\n<p>&mdash; Metal Pay (@metalpaysme) <a href=\"https:\/\/twitter.com\/metalpaysme\/status\/1625545591978864640?ref_src=twsrc%5Etfw\">February 14, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>With <a href=\"https:\/\/metalpay.com\/\"><span style=\"font-weight: 400\">Metal Pay<\/span><\/a>, <span style=\"font-weight: 400\">you can buy and sell over 65 crypto assets, which supports the free transfer of money. Users can easily download the Metal Pay app on the Apple App Store and Google Play. It can link to a bank account and also process fiat currency payments.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Metal Pay is also compatible with <\/span><span style=\"font-weight: 400\">EvoShare<\/span><span style=\"font-weight: 400\">, a financial company. Users can easily convert EvoShare cash back to cryptocurrency. Also, Metal DAO has unveiled plans for a <\/span><span style=\"font-weight: 400\">Metal Pay Credit Card<\/span><span style=\"font-weight: 400\"> that enables users to receive crypto rewards for spending US Dollars.<\/span><\/p>\n<h3>Proton Blockchain Launched<span style=\"font-weight: 400\">&nbsp;<\/span><\/h3>\n<p><a href=\"https:\/\/metallicus.com\/products\"><span style=\"font-weight: 400\">Metallicus<\/span><\/a><span style=\"font-weight: 400\"> has produced two blockchains, the proton blockchain, and the metal blockchain.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Its proton blockchain is one of the outstanding blockchains at the moment. A <\/span><a href=\"https:\/\/www.proton.org\/2023-Development-Proposal.pdf\"><span style=\"font-weight: 400\">proposal<\/span><\/a><span style=\"font-weight: 400\"> was submitted to the proton blockchain block producers by Marshal Hayner, the CEO of Mettalicus.<\/span><\/p>\n<p><span style=\"font-weight: 400\">&nbsp;This proposal sought to unlock the potential of the blockchain by giving grants to several members of the proton community. These grants will support block producers, the community, developers, and marketing.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The proposal was shared with the community and required 15 of 21 votes for block producers to vote in favor. However, after careful consideration due to concerns from some block producers, there was a second proposal. It featured a reduced grant, but the Metallicus community chose the initial proposal, which was approved.<\/span><\/p>\n<h3>Metal Blockchain Launched<span style=\"font-weight: 400\">&nbsp;<\/span><\/h3>\n<p><span style=\"font-weight: 400\">Also, Metallicus launched <\/span><a href=\"https:\/\/metalblockchain.org\/\"><span style=\"font-weight: 400\">Metal Blockchain<\/span><\/a><span style=\"font-weight: 400\">, a layer zero blockchain that allows any chain to search and find consensus. The process involves using the snow protocols that operate on a Proof-of-stake (PoS) model, which is efficient and eliminates the Proof-of-Work (PoW) framework.<\/span><\/p>\n<p><span style=\"font-weight: 400\">It can process <\/span><a href=\"https:\/\/metalblockchain.org\/whitepaper.pdf\"><span style=\"font-weight: 400\">4500 transactions per second<\/span><\/a><span style=\"font-weight: 400\"> and operates with various sub-chains. They are the Proton (A Chain), EVM (C Chain), Stake (P Chain), and Exchange (X Chain). The proton A chain handles payments, Decentralized finance (DeFi), DAOs, and more with high efficiency.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The EVM chain handles the Ethereum Virtual Machine and serves to deploy Solidity contracts relating to top cryptocurrencies. Also, the Stake P Chain is built for stakers on the Metal network to validate transactions or delegate responsibilities to other validators. This process earns validators staking rewards.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Lastly, the Exchange X Chain handles cross-chain exchanges and all transfers between sub-chains on the network. The Metal blockchain offers users a web authentication feature for all transactions on the Metal EVM (A, C, P, X Chains). It implies that users can transact securely on the blockchain on their mobile devices without downloading wallet software.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Metal provides a more secure way of transacting with the blockchain, and eliminates the risk of using extension wallets. On the platform, users can sign in with face recognition or fingerprint patterns. In addition, the web authentication feature aligns with the World Wide Web (W3C) recommendations.<\/span><\/p>\n<h2>Metal DAO Price Prediction<\/h2>\n<figure id=\"attachment_375863\" aria-describedby=\"caption-attachment-375863\" style=\"width: 752px\" class=\"wp-caption alignnone\"><img decoding=\"async\" class=\"wp-image-375863 \" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/02\/Screenshot-2023-02-16-185301-300x192.png\" alt=\"Metal DAO (MTL) Price Prediction: $1.10494 Resistance Will Likely Turn To Support\" width=\"752\" height=\"481\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/02\/Screenshot-2023-02-16-185301-300x192.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/02\/Screenshot-2023-02-16-185301-768x491.png 768w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/02\/Screenshot-2023-02-16-185301.png 1010w\" sizes=\"(max-width: 752px) 100vw, 752px\"><figcaption id=\"caption-attachment-375863\" class=\"wp-caption-text\">Source: Tradingview.com<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400\">MTL is in an uptrend today, <\/span><span style=\"font-weight: 400\">trading at $1.08<\/span><span style=\"font-weight: 400\">&nbsp; and representing another green day for the asset on the charts. After closing on February 14 at $0.9992, it has returned to the $1 price today. Additionally, metal DAO is trading above its 50-day <\/span><a href=\"https:\/\/www.tradingview.com\/chart\/nmZAKHKT\/?symbol=COINBASE%3AMTLUSD\"><span style=\"font-weight: 400\">Simple Moving Average (SMA)<\/span><\/a><span style=\"font-weight: 400\">, a short-term bullish trend for the asset.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400\">Also, it is trading above its 200-day SMA after closing below the indicator on February 14, which is still a reflection of bullish momentum. Its support levels are $0.94035, $0.96778, and $1.02264, and the resistance levels are $1.10494, $1.13236, and $1.18723.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400\">The <\/span><span style=\"font-weight: 400\">Relative Strength Index (RSI)<\/span><span style=\"font-weight: 400\"> is 59.13 in the neutral zone. However, the indicator is rising on the price charts, which is a bullish signal. MTL&rsquo;s <\/span><a href=\"https:\/\/www.tradingview.com\/chart\/nmZAKHKT\/?symbol=COINBASE%3AMTLUSD\"><span style=\"font-weight: 400\">Moving Average Convergence\/Divergence (MACD)<\/span><\/a><span style=\"font-weight: 400\"> is below the signal line, a bearish sentiment. A close look at the indicator shows the possibility of a retracement above its signal line soon.<\/span><\/p>\n<p><span style=\"font-weight: 400\">MTL will likely break the $1.10494 resistance level soon if the rally continues. However, if there is a slight pullback, the $1.02264 support will prevent a decline below $1.<\/span><\/p>\n<h3>These altcoins Can 10X Your Investments<\/h3>\n<p><span style=\"font-weight: 400\">Some notable altcoin projects can give you a speedy return on investment and are currently on presale. A dedicated team of crypto experts reviews the top presales weekly and comes up with the best recommendations.<\/span><\/p>\n<p><b>Meta Masters Guild (MEMAG)<\/b><\/p>\n<p><span style=\"font-weight: 400\">It is a Web3 gaming project creating a buzz in the crypto space since its inception. The presale has raised $4.57 million and is in the closing stages. <\/span><a href=\"https:\/\/insidebitcoins.com\/news\/meta-masters-guilds-final-presale-stage-almost-sold-out-after-4-5-million-raised-secure-your-spot-now\"><span style=\"font-weight: 400\">MEMAG<\/span><\/a><span style=\"font-weight: 400\"> offers innovative games to its users and rewards them with GEMS, an in-game currency.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400\">These GEMS trade for MEMAG tokens staked to increase rewards. The MEMAG NFT store will launch on February 17, 2023, another progressive move for the network.<\/span><\/p>\n<p><b>FightOut (FGHT)<\/b><\/p>\n<p><span style=\"font-weight: 400\">FightOut is a move-to-earn initiative that rewards physical activities on the platform. Its presale of the native <\/span><a href=\"https:\/\/insidebitcoins.com\/news\/get-your-sweat-on-and-earn-crypto-with-fight-out-the-ultimate-move-to-earn-platform-of-2023\"><span style=\"font-weight: 400\">FGHT<\/span><\/a><span style=\"font-weight: 400\"> tokens has been a success recording $4.2 million so far. In addition, the platform offers users analytics and customized fitness plans for various users.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The project&rsquo;s long-term goals are also exciting as they aim to create physical fitness centers in various locations worldwide. Early investors can take advantage of this presale since the token&rsquo;s value will increase once it is listed. <\/span><a href=\"https:\/\/www.youtube.com\/@JacobCryptoBury\"><span style=\"font-weight: 400\">Industry experts<\/span><\/a><span style=\"font-weight: 400\"> have predicted that it will do well and is a token worth investing in for the future.<\/span><\/p>\n                                        <div class=\"inContentProviderSingle inContentColor--insidebitcoins fc-row\">\n                        <div class=\"inContentProviderSingle--wrapper\">\n                            <div class=\"container\">\n                                <div class=\"row mb-lg-3\">\n                                    <div class=\"col-12 col-md-8\">\n                                        <p class=\"inContentProviderSingle--title\">Most Searched Crypto Launch - Pepe Unchained<\/p>\n                                    <\/div>\n                                    <div class=\"col-12 col-md-4\">\n                                        <div class=\"inContentProviderSingle--rating\">\n                                            <div class=\"rating--holder\">\n                                                <p class=\"rating--text\">Rating<\/p>\n                                                <div class=\"rating--star-container\">\n                                                    <div class=\"rating--star\" style=\"width: 100%;\"><\/div>\n                                                <\/div>\n                                            <\/div>\n                                        <\/div>\n                                    <\/div><!--\/.col-md-4-->\n                                <\/div><!--\/.row-->\n                                <div class=\"row\">\n                                    <!-- *******  Desktop Provider Logo ********** -->\n                                    <div class=\"col-12 col-md-12 text-center d-block d-sm-block d-md-none d-lg-none\">\n                                        <img decoding=\"async\" class=\"inContentProviderSingle--img mb-3\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/08\/pepu.svg\" alt=\"Pepe Unchained\" width=\"125\" height=\"60\">\n                                    <\/div>\n\n                                    <div class=\"col-12 col-md-8\">\n                                                                                    <ul class=\"inContentProviderSingle--list\">\n                                                                                                    <li>Layer 2 Meme Coin Ecosystem<\/li>\n                                                                                                    <li>Featured in Cointelegraph<\/li>\n                                                                                                    <li>SolidProof &amp; 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The trading volume of the <a class=\"read-more-link\" href=\"https:\/\/insidebitcoins.com\/in-content-providers\/a-default-box\" title=\"A Default Box\">[&#8230;]<\/a><\/div>","protected":false},"author":1912,"featured_media":375864,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[7596],"tags":[13803,13802],"class_list":["post-375862","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-marshal-hayner","tag-meta-dao-mtl"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.8 (Yoast SEO v23.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Metal DAO (MTL) Price Prediction: $1.10494 Resistance Will Likely Turn To Support - InsideBitcoins.com<\/title>\n<meta name=\"description\" content=\"Metal DAO is making progress in the market today, returning to the $1 level it attained on February 12, 2023.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/375862\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Metal DAO (MTL) Price Prediction: $1.10494 Resistance Will Likely Turn To Support\" \/>\n<meta property=\"og:site_name\" content=\"InsideBitcoins.com\" \/>\n<meta property=\"article:published_time\" content=\"2023-02-16T14:00:59+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/02\/metal.png\" \/>\n\t<meta property=\"og:image:width\" content=\"2000\" \/>\n\t<meta property=\"og:image:height\" content=\"1000\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Yuri Molchan\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Yuri Molchan\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/375862#article\",\"isPartOf\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/375862\"},\"author\":{\"name\":\"Yuri Molchan\",\"@id\":\"https:\/\/insidebitcoins.com\/#\/schema\/person\/4ddedf5a016fc1909f0eb68b3e8d9eb1\"},\"headline\":\"Metal DAO (MTL) Price Prediction: $1.10494 Resistance Will Likely Turn To Support\",\"datePublished\":\"2023-02-16T14:00:59+00:00\",\"dateModified\":\"2023-02-16T14:00:59+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/375862\"},\"wordCount\":1008,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/insidebitcoins.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/375862#primaryimage\"},\"thumbnailUrl\":\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/02\/metal.png\",\"keywords\":[\"Marshal Hayner\",\"Meta DAO (MTL)\"],\"articleSection\":[\"Breaking Crypto News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/375862#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/375862\",\"url\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/375862\",\"name\":\"Metal DAO (MTL) Price Prediction: $1.10494 Resistance Will Likely Turn To Support - 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