Will The MNT Price Stagnation Continue Further?Mantle has a market cap of $3.22 Billion and is ranked 35th in the CMC. The VM ratio of the token price is at 0.01 while the volume has seen a decline of 23% in the intraday session. MNT token price is currently trading near the value of $0.98 with a drop of 1% in the intraday session.
The token price is currently forming a bearish candles on the daily chart. It is trading below the 50 and 100 EMA which can act as a resistance for the price. The upside trend of MNT can see a halt near the value of $1.2. Meanwhile the support of the price can be seen near $0.8
The RSI of the asset price is currently near 45 with no slope in it. The overall momentum of the indicator is neutral in nature.
