Based on today's classical pivot point (P1) with the value of $0.3944, Mantle has support levels of $0.3910, $0.3876, and the strongest at $0.3842. Similarly, Mantle resistance levels are at $0.3978, $0.4012, and $0.4046.
| # | Price | Strength |
|---|---|---|
| S1 | $0.3910 | |
| S2 | $0.3876 | |
| S3 | $0.3842 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.3978 | |
| R2 | $0.4012 | |
| R3 | $0.4046 |
Technical indicators are an essential tool for conducting technical analysis. They provide insights into an asset's market status, investor sentiment, and more, thereby helping investors make more informed trading decisions.
| Period | Value | Action |
|---|---|---|
| RSI (14) | 34.04 | NEUTRAL |
| Stoch RSI (14) | 17.74 | BUY |
| Stochastic Fast (14) | 10.31 | BUY |
| Commodity Channel Index (20) | -117.49 | BUY |
| Average Directional Index (14) | 30.24 | SELL |
| Awesome Oscillator (5, 34) | -0.02 | NEUTRAL |
| Momentum (10) | -0.03 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -89.69 | BUY |
| Bull Bear Power (13) | -0.02 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 40.27 | NEUTRAL |
| VWMA (10) | 0.41 | SELL |
| Hull Moving Average (9) | 0.39 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.42 | NEUTRAL |
Over the past 7 days, Mantle price was most positively correlated with the price of Cosmos (ATOM), Aptos (APT), Terra Classic (LUNC), Immutable X (IMX) and Dogecoin (DOGE) and most negatively correlated with the price of Decred (DCR), LEO Token (LEO), Uniswap (UNI), Binance Coin (BNB) and Cardano (ADA).
| Name | Correlation |
|---|---|
| Cosmos | 0.942 |
| Aptos | 0.937 |
| Terra Classic | 0.936 |
| Immutable X | 0.927 |
| Dogecoin | 0.924 |
| Name | Correlation |
|---|---|
| Decred | -0.600 |
| LEO Token | -0.577 |
| Uniswap | -0.546 |
| Binance Coin | -0.457 |
| Cardano | -0.376 |
Mantle price is positively correlated with the top 10 coins by market cap with a price of 0.619, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.566.
Currencies that are positively correlated with Mantle 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 Mantle, a move in one direction for Mantle would translate into a move in the opposite direction for the negatively correlated coin.
