MANTRA Could Retest The Upper Supply Zone
MANTRA Could Retest The Upper Supply Zone
MANTRA, prioritizing security, is a Real-World Asset (RWA) Layer 1 Blockchain designed to comply with and enforce real-world regulations. Tailored for both institutions and developers, MANTRA provides a permissionless infrastructure for applications that require permissioned environments.
From a technical point of view, MANTRA price hovers above the key exponential moving averages of 20 and 50 day EMA suggesting a positive trend prevailing. As of now, the price may continue rising, forming higher lows and higher highs.
On the higher side, the $1.04 mark stands as a potential supply zone. A breakthrough above this level could confirm a bullish trend continuation, potentially leading to further price increase. whereas, if price suffers, it may slide back towards the $0.70 support level.
MANTRA, prioritizing security, is a Real-World Asset (RWA) Layer 1 Blockchain designed to comply with and enforce real-world regulations. Tailored for both institutions and developers, MANTRA provides a permissionless infrastructure for applications that require permissioned environments.
From a technical point of view, MANTRA price hovers above the key exponential moving averages of 20 and 50 day EMA suggesting a positive trend prevailing. As of now, the price may continue rising, forming higher lows and higher highs.
On the higher side, the $1.04 mark stands as a potential supply zone. A breakthrough above this level could confirm a bullish trend continuation, potentially leading to further price increase. whereas, if price suffers, it may slide back towards the $0.70 support level.
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