Manta Network Price Prediction: MANTA Soars 29%, But Experts Say Consider Pre-Selling This Meme Coin for 100X Profits.

adminJanuary 25, 2024

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Manta Network price surged 29% in the last 24 hours, maintaining spot prices. $2.88 10 AM EST.

Manta Network Price Prediction

Looking at the 2-hour chart of Manta Network (MANTA) against Tether (USDT), we can see that Manta price action appears to be in the upper band, meaning the asset is considered to be in a higher price range than it has been recently. price movement. This can be interpreted as a bullish signal, but there is also potential for a downside if the price is perceived as overextended.

The relative strength index (RSI) is around 65, close to the upper limit of 70. When RSI is above 70, it is generally considered overbought. The RSI currently indicates bullish momentum, but it also suggests caution as it approaches overbought territory.

When measuring a trend, the Awesome Oscillator (AO) displays a green bar above the zero line, which indicates bullish buying pressure. On the other hand, Average Directional Index (ADX) values exceeding 30 usually indicate a strong trend. The higher the ADX value, the stronger the trend. In this case, the trend strength is strong, which may mean that the current trend is likely to continue.

This is consistent with: This is the opinion of Crypto Tony, who says that the token has already surpassed the resistance level.

$MANTA / $USD – update
It cleared the resistance zone and came back from $2.69. One of our strongest assets pic.twitter.com/2MhjgrI2Pr
— Crypto Tony (@CryptoTony__) January 24, 2024

Manta Network Pricing: Caution Advisory

According to these indicators, the market appears to be in a bullish phase with strong trend strength. However, RSI’s proximity to overbought territory and the slowdown in momentum noted by AO may suggest that traders should be cautious about a potential reversal or decline in the Manta Network price.

2-hour MANTA/USDT chart | Source: TradingView

Meanwhile, as the Manta Network price is currently overbought, Sponge V2 is emerging as another viable alternative. Sponge V2 has been ranked as one of the best meme coins for exponential profits, which is why speculators are flocking to secure the token right now.

A promising alternative to MANTA

The foundation is being laid for the eagerly awaited debut of the exchange. Sponge V2, the successor to Sponge V1. For those who missed out on their chance to win and capitalize on Sponge’s 100X Rally in 2023, SpongeV2 offers one last opportunity to participate.

Aren’t 10 exchanges enough? 😉#SpongeV2 We will be listed on bigger and better exchanges! 🔥
Not ready to accept what happens next?#SpongeV2 #memecoin #Ticketing pic.twitter.com/LdXRYu65Z8
— $SPONGE (@spongeoneth) January 23, 2024

SpongeV1 has built a market capitalization of over $100 million, attracted over 13,000 participants to its platform, and achieved listings on over 10 centralized trading venues, including companies such as BitMart, LBank, and Toobit.

Prior to official launch, Sponge V2 We have already seen over $6.4 million worth of staking and bridge tokens.

Sponge V2’s new Play-to-Earn (P2E) gaming features differentiate it from previous versions by enhancing the engaging gaming activity experience.

SPONGE’s share of Justin Sun

Tron founder Justin Sun bought $SPONGE last year, which is now worth about $90,000. His acquisition is consistent with his previous announcement about X that he would invest in promising meme coin projects.

I decided to actively trade meme coins and promising projects through public addresses. Any losses that may arise from these transactions will be personally borne by me, and all profits generated will be donated to charity.
— HE Justin Sun Sun Yuchen (@justinsuntron) May 11, 2023

Sponge V2 also introduces a stake-profit system that provides: Annual returns amount to 278%.

Conor Kenny, a prominent YouTuber with over 180,000 followers, predicts that the project will surpass the popularity of Sponge V1.

Secure your Sponge V2 tokens by connecting your digital wallet to the SpongeV2 portal and exchanging Ethereum or USDT for V2 tokens. Or use your bank card for acquisition.

Visit Sponge V2 here..