• Mantle reached a new ATH of $1.97, with a 20% price increase in the last few days and a 6.81% jump in the past day.
• Mantle’s ability to reach new ATHs indicates a bullish trend, with predictions suggesting it may reach $2.30.
• The partnership with Bybit, a top crypto exchange, has brought in fresh trading pairs and yield options, contributing to the coin’s growth.

Mantle (MNT) just hit a new all-time high. This happens when the community starts buzzing more, and the network picks up extra activity all around. In the last few days alone, the price climbed almost 20%. As predicted earlier, Mantle (MNT) reached a new ATH on October 2.

At press time, the coin sits at $1.97, with another 6.81 per cent jump over the past day. All these points are of real interest to users. More folks are jumping into the Mantle setup, getting involved in ways that build it up. The MNT ecosystem feels alive with that kind of participation.

Also Read: Mantle in Bullish Momentum: Can MNT Reach a New ATH in Q4?

Mantle (MNT)Technical Indicator Chart Suggests pump

The chart shows the price movement of MNT. The price is currently at $1.97 with a 0.92% increase. The Relative Strength Index (RSI) is at 69.65, indicating the asset is nearing overbought territory.

The Moving Average Convergence Divergence (MACD) shows a slight bullish crossover with values of 0.03 and 0.02. The volume of the coin sits at 327.06M. Overall, the chart suggests a consolidation phase with a slight upward bias in the price movement of MNT.

Tweets On ATH

As per the earlier predictions, MNT may go further and reach $2.30. When you look at the charts, the signs back up this upward push. Not every token gets there, but Mantle lines up right now. It makes you think about the momentum building steadily.

Also Read: Mantle Technical Analysis Confirms Bullish Reversal Progressing to $3.60 Target

Partnership with Bybit

One big factor here is the tie-up between Mantle and Bybit. Bybit counts as one of the top crypto exchanges out there, handling tons of volume. Their work together brought in fresh trading pairs. They added yield options too, plus features aimed at bigger players like institutions.

That helps lock in the Mantle (MNT) spot in the bigger picture. And they rolled out this HODL and Earn thing. Users hold onto MNT and XUSD to grab a share of 60,000 XUSD in prizes. Events like that draw people in. They keep the token moving, especially when exchanges push it hard. Still, it’s part of why things feel solid right now.

Future Prospects

Looking ahead, some analysts figure Mantle (MNT) might head toward 2 dollars, maybe even $2.20. The recent breakout worked out clean. It retested that 1.90 area and turned it into support without a hitch. Buyers showed real commitment there. If $1.90 stays firm, any pullbacks probably get scooped up quickly.

That keeps the whole setup looking bullish. Dips turn into chances for more action. With the ecosystem growing, these targets don’t seem out of reach. Still, markets shift, but the conviction feels strong for now. It could mean steady climbs if things hold.

Conclusion

This new high for Mantle (MNT) really highlights how it’s gaining traction. The ecosystem stands out with its strength and all. A solid treasury backs it up, along with ongoing tweaks and new ideas. That positions it well for what’s coming next. As crypto keeps changing, Mantle has a shot at keeping this energy. The price action will tell over time. Whether the rally sticks around, well, that’s the part to watch closely.

Also Read: Will Mantle (MNT) reach a new ATH on October 2?