The post Mantle MACD Bullish Crossover Confirmed, Signalling Potential Market Rally For MNT   appeared on BitcoinEthereumNews.com.

Mantle (MNT) has been under pressure in recent months, with its price witnessing substantial corrections. Strong market recovery has yet to emerge, leaving multiple investors with concerns about the next short-term movement. Today, crypto analyst Alan suggested that MNT could be preparing for a bullish breakout, supported by multiple on-chain indicators.    $MNT has maintained strength above a long-term support trendline🟣, with multiple contact points🟠 affirming its validity.The MACD indicates a bullish crossover at a low position, suggesting a strong rebound potential⚫ and a favorable reward-to-risk ratio at the current level.… pic.twitter.com/j0HWQE4DrH — Trader Tardigrade (@TATrader_Alan) April 27, 2025 Mantle prints a bullish indicator Mantle has experienced notable price consolidations over recent months. Despite such hurdles, the altcoin shows signs of recovery, reflecting notable rebounds currently noticed in the broader crypto market. Today, the analyst pointed out that Mantle’s current market action has continued to hold above a crucial support level. This not only suggests resilience but also shows that the asset is preparing for a potential strong breakout. This persistent holding above this support level suggests robust buyer interest around this support zone, indicating rising confidence among traders. According to analyst’s data, the MACD indicator on the daily timeframe indicates a bullish signal, indicating robust recovery potential. Furthermore, the risk-reward-ratio shows that investors are willing to buy MNT tokens at current prices. These figures show a possibility of a breakout if MNT continues its positive momentum. As Mantle continues to overcome these hurdles, its ability to maintain its price above the current support region would be essential. This could lay the foundation for a strong market rebound.  Traders and investors will be keenly observing MNT’s price actions in the coming weeks, monitoring indicators for a sustained upturn that could confirm the beginning of a new market rally. MNT added to…

---

Filed under: News - @ April 28, 2025 8:20 am