Image of MNGO
MNGOMango Markets
$0.03123
0.10%
1D

Mango Markets Analysis

Investment Score
A quick view into Mango Markets's investment prospects.
6.8

The setup has a mild positive bias, but the reward-to-risk is not clean enough to be aggressive.

What is helping
  • The current level still offers a favorable reward-to-risk profile.
  • Institutional Support Reclaimed: A recent candle wick broke below SMA200 but closed above it while VWMA held, indicating strong buying interest at that level.
Main risks
  • Price is trading below the volume-weighted average, which suggests the move is losing volume-backed support.
  • Price is trading below the Ichimoku base line, which suggests the broader structure is weakening.
Market State Summary
Current regime
Sideways Quiet
Confidence: 54%
Why this state?
  • MNGO is below SMA50
  • SMA50 is above SMA200
  • SMA50 slope is positive over the last 10 days
  • 30-day return is negative
  • ATR volatility is below the 60th percentile of its trailing 180-day history
Suggested strategy

In the current Sideways Quiet regime, the best-fit approach is Range trading / mean reversion. The market is balanced and relatively calm, which tends to reward mean-reversion behavior and range trading more than breakout chasing.

Trend
Sideways
MNGO is caught between bullish and bearish trend signals.
Momentum
Neutral
RSI is 41.68, which is neither overbought nor oversold.
Volatility
Quiet
MNGO ATR volatility is below the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.03271 - $0.03411
Active zone
$0.03076 - $0.03211
Support zone
$0.02950 - $0.03073
Chart Patterns
SMA50
SMA100
SMA200
RSI
Neutral
MACD
Bearish
ATR%
Quiet
Volume
High
Support & Resistance

Mango Markets support and resistance levels highlight key price zones where buyers and sellers are most active. This section helps identify likely breakout areas, pullback support, overhead resistance, and the current trading range so you can evaluate trend continuation, reversal risk, and near-term crypto price direction.

Support zone
$0.02950 - $0.03073
Resistance zone
$0.03271 - $0.03411
Active zone
$0.03076 - $0.03211
Levels Table
LevelZoneStrength
Support 1$0.02950 - $0.03073
Support 2$0.02796 - $0.02905
Support 3$0.02696 - $0.02760
Support 4$0.02555 - $0.02619
Resistance 1$0.03271 - $0.03411
Resistance 2$0.03430 - $0.03550
Active 1$0.03076 - $0.03211
Scenario Analysis
Bullish scenario

MNGO clears the resistance zone at $0.03271 - $0.03411 and holds above it. That would strengthen the breakout case and shift attention to $0.03430 - $0.03550.

Bearish scenario

MNGO loses the support zone at $0.02950 - $0.03073. That would weaken the setup and open the way toward $0.02796 - $0.02905.

Neutral scenario

MNGO continues trading between $0.03073 and $0.03271. In that case, range-trading conditions remain active.

Technical Indicators

Technical indicators help summarize trend, momentum, volatility, and key price levels. They should not be used in isolation, but they can help identify whether a coin is trending, ranging, overextended, or approaching an important support or resistance level.

IndicatorValueSignalInterpretation
SMA50
$0.03241
Bearish
MNGO is trading below the 50-day average.
SMA200
$0.03048
Bullish
MNGO remains above the long-term trend line.
EMA50
$0.03180
Bearish
MNGO is trading below the 50-day exponential average, which weakens the recent trend.
EMA200
$0.02981
Bullish
MNGO is above the 200-day exponential average, which keeps the longer-term structure constructive.
RSI (14)
41.68
Neutral
RSI (14) is at 41.68, which keeps momentum in a balanced range.
Stoch RSI (14)
76.12
Neutral
Stoch RSI (14) is at 76.12, which suggests momentum is active but not yet extreme.
MACD
-0.0005004
Bearish
MACD is below its signal line.
ATR
1.56%
Quiet
Volatility is below its 180-day median.
VWMA
$0.03260
Bearish
Price is below the volume-weighted average.
Commodity Channel Index (20)
-78.52
Neutral
CCI (20) is at -78.52, which keeps price relatively close to its recent average.
Awesome Oscillator (5, 34)
$-0.001945
Bearish
Awesome Oscillator is below zero at $-0.001945, which supports bearish momentum.
Williams Percent Range (14)
-59.95
Neutral
Williams Percent Range (14) is at -59.95, which keeps price in the middle of its recent range.
Bull Bear Power (13)
$-0.0002498
Bearish
Bull Bear Power (13) is negative at $-0.0002498, which suggests sellers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
35.01
Neutral
Ultimate Oscillator is at 35.01, which suggests momentum is balanced across its short, medium, and long windows.
Hull Moving Average (9)
$0.03025
Bullish
MNGO is trading above the Hull Moving Average (9), which supports the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.03195
Bearish
MNGO is trading below the Ichimoku base line, which points to weaker structure.
Assets Similar to Mango Markets

Over the past 7 days, Mango Markets price was most positively correlated with the price of Bitget Token (BGB), Decred (DCR), Canton (CC), Jupiter (JUP) and XRP (XRP) and most negatively correlated with the price of Celestia (TIA), KuCoin Token (KCS), Monero (XMR), Injective (INJ) and Mantle (MNT).

Positively Correlated Currencies
NameCorrelation
Image of Bitget TokenBitget Token0.727
Image of DecredDecred0.712
Image of CantonCanton0.701
Image of JupiterJupiter0.694
Image of XRPXRP0.677
Negatively Correlated Currencies
NameCorrelation
Image of CelestiaCelestia-0.622
Image of KuCoin TokenKuCoin Token-0.602
Image of MoneroMonero-0.395
Image of InjectiveInjective-0.384
Image of MantleMantle-0.293

Mango Markets price is positively correlated with the top 10 coins by market cap with a price of 0.249, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.305. Currencies that are positively correlated with Mango Markets indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with Mango Markets, a move in one direction for Mango Markets would translate into a move in the opposite direction for the negatively correlated coin.

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